FOR IMMEDIATE RELEASE
February 8, 2018
MAPP Releases 2018 State of the Industry Report
Indianapolis, IN – The Manufacturers Association for Plastics Processors (MAPP) recently conducted its keystone benchmarking study the annual State of the Plastics Industry Report. The study resulted in a benchmarking report that analyzes and highlights information on the anticipated outlook for the US plastics industry for 2018.
This report showcases data on sales trends, production tooling, raw material, capital expenditures, money and profits, production employees and challenges faced in the industry. The overall objective is to provide company executives with a comprehensive overview of conditions in the industry for 2018.
The 2018 State of the Industry Report reveals optimism for 2018 and explores challenges facing the industry overall. New questions to further understand the future of the industry have been added, including new activities being implemented to improve competitiveness, new technologies impacting the plastics industry, new trends in customer demands and anticipated off-shoring trends. All information will be compared to the past six to 13 years of data, along with expert insights into what 2018 will look like for plastics manufacturers.
“One of MAPP’s primary mission objectives focuses on creating practical business benchmarks to help senior executives make better, more informed decisions and we feel this report showcases this fact,” said Troy Nix, MAPP’s executive director. For more information or to purchase this report, visit www.mappinc.com.
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Established in 1996, the Manufacturers Association for Plastic Processors is managed by plastics business leaders and has over 400 member companies nationwide. The association works to provide manufacturers with bottom line impacting programs, networking, and additional beneficial services. www.mappinc.com.