Tools commonly used in the Plastics-Machinery & Equipment (Wholesale) industry for day-to-day tasks and operations.

• Extruders
• Injection molding machines
• Blow molding machines
• Thermoforming machines
• Dryers
• Chillers
• Granulators
• Robots
• Conveyors
• Hoppers

Common products and services typical of NAICS Code 423830-67, illustrating the main business activities and contributions to the market.

• Plastic packaging machinery
• Plastic extrusion machinery
• Plastic injection molding machinery
• Plastic blow molding machinery
• Plastic thermoforming machinery
• Plastic auxiliary equipment
• Plastic recycling machinery
• Plastic compounding machinery
• Plastic welding machinery
• Plastic cutting machinery

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
• OSHA 30-Hour General Industry Training: This certification is required for workers in the plastics-machinery and equipment wholesale industry to ensure they have the necessary knowledge and skills to work safely. It is provided by the Occupational Safety and Health Administration (OSHA).
• National Institute for Certification In Engineering Technologies (NICET): This certification is for technicians who work in the plastics-machinery and equipment wholesale industry and ensures that they have the necessary knowledge and skills to perform their job. It is provided by the National Society of Professional Engineers (NSPE).
• National Association Of Chemical Distributors (NACD) Responsible Distribution: This certification ensures that companies in the plastics-machinery and equipment wholesale industry are following responsible distribution practices for chemicals. It is provided by the National Association of Chemical Distributors (NACD).
• National Fire Protection Association (NFPA) 70E: This certification ensures that workers in the plastics-machinery and equipment wholesale industry are trained in electrical safety. It is provided by the National Fire Protection Association (NFPA).

A concise historical narrative of NAICS Code 423830-67 covering global milestones and recent developments within the United States.

• The Plastics-Machinery & Equipment (Wholesale) industry has a long history of innovation and growth. In the early 20th century, the first plastic injection molding machine was invented, which revolutionized the industry by allowing for mass production of plastic products. In the 1950s, the first extrusion blow molding machine was developed, which allowed for the production of hollow plastic products such as bottles. In the 1970s, computer-controlled machines were introduced, which increased efficiency and accuracy in the manufacturing process. In recent years, the industry has seen advancements in automation and robotics, which have further increased efficiency and reduced costs. In the United States, the Plastics-Machinery & Equipment (Wholesale) industry has experienced significant growth in recent years. According to the US Census Bureau, the industry's shipments increased from $7.5 billion in 2012 to $10.2 billion in 2019, a growth rate of over 35%. This growth can be attributed to several factors, including increased demand for plastic products in various industries, advancements in technology, and the growing trend towards automation and robotics in manufacturing. Overall, the Plastics-Machinery & Equipment (Wholesale) industry has a rich history of innovation and growth, and it continues to play a vital role in the manufacturing sector.

The anticipated future trajectory of the NAICS 423830-67 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Plastics-Machinery & Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for plastic products in various sectors such as automotive, construction, and packaging. The growth of the e-commerce industry is also expected to drive the demand for plastic packaging, which in turn will increase the demand for plastics-machinery and equipment. The industry is also expected to benefit from the increasing focus on sustainability and the use of recycled plastics. However, the industry may face challenges due to the increasing competition from low-cost imports and the volatility of raw material prices.

Recent groundbreaking advancements and milestones in the Plastics-Machinery & Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Robotic Automation: The use of robotic automation in plastics-machinery and equipment has increased efficiency and productivity in the industry. Robots are used for tasks such as material handling, assembly, and quality control.
• 3D Printing: The use of 3D printing in the plastics-machinery and equipment industry has enabled the production of complex parts and reduced lead times. It has also reduced the need for tooling and molds, which has resulted in cost savings.
• Smart Manufacturing: The use of sensors and data analytics in plastics-machinery and equipment has enabled real-time monitoring of equipment and processes. This has resulted in increased efficiency, reduced downtime, and improved quality control.
• Sustainable Materials: The industry has been focusing on the use of sustainable materials such as bioplastics and recycled plastics. This has resulted in reduced environmental impact and increased demand from environmentally conscious consumers.
• Internet Of Things (Iot): The use of IoT in plastics-machinery and equipment has enabled remote monitoring and predictive maintenance. This has resulted in reduced downtime and increased efficiency.

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Plastics-Machinery & Equipment (Wholesale) industry. It highlights the primary inputs that Plastics-Machinery & Equipment (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Equipment

Blow Molding Machines: Equipment used to produce hollow plastic parts by inflating heated plastic within a mold, widely used in packaging and container manufacturing.

Chillers: Cooling systems that maintain optimal temperatures for machinery and processes, essential for preventing overheating during plastic production.

Cooling Tunnels: Systems that rapidly cool molded plastic products to solidify them, crucial for maintaining shape and structural integrity.

Dryers: Devices that remove moisture from plastic materials before processing, crucial for ensuring quality and consistency in the final products.

Extruders: Machines that melt and shape plastic materials into continuous profiles, essential for producing various plastic products used in multiple industries.

Granulators: Machines that shred plastic waste into small pieces for recycling or reuse, vital for maintaining sustainability in plastic production.

Heat Presses: Machines that apply heat and pressure to bond plastic materials together, essential for creating composite products.

Injection Molding Machines: Devices that inject molten plastic into molds to create specific shapes, crucial for mass production of plastic components.

Mixers: Machines that blend different plastic materials and additives to achieve desired properties, important for product consistency.

Quality Control Equipment: Devices used to test and ensure the quality of plastic products, essential for meeting industry standards and customer satisfaction.

Robots: Automated systems used for handling and assembling plastic parts, enhancing efficiency and precision in manufacturing processes.

Thermoforming Machines: Machines that heat plastic sheets until pliable and then form them over molds, important for creating packaging and trays.

Service

Logistics and Distribution Services: Services that manage the transportation and storage of machinery and materials, ensuring timely delivery and supply chain efficiency.

Maintenance Services: Regular upkeep and repair services for machinery to ensure longevity and optimal performance, critical for uninterrupted production.

Technical Support Services: Expert assistance provided to troubleshoot and optimize machinery performance, ensuring minimal downtime and efficient operations.

Training Services: Programs designed to educate employees on the operation and maintenance of machinery, crucial for enhancing workforce skills.

Material

Additives and Colorants: Substances added to plastic materials to enhance properties such as durability, flexibility, and color, essential for product differentiation.

Packaging Materials: Materials used to package plastic products for shipping and storage, important for protecting items during transit.

Plastic Resins: Raw materials used in the production of plastic products, available in various types to meet specific manufacturing needs.

Recycled Plastics: Post-consumer plastic materials that are processed for reuse, important for sustainability and reducing environmental impact.

Explore a detailed compilation of the unique products and services offered by the Plastics-Machinery & Equipment (Wholesale) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Plastics-Machinery & Equipment (Wholesale) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Plastics-Machinery & Equipment (Wholesale) industry. It highlights the primary inputs that Plastics-Machinery & Equipment (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Equipment

Blow Molding Machines: Blow molding machines are used to produce hollow plastic parts by inflating heated plastic within a mold. They are frequently employed in the production of bottles, containers, and other packaging solutions, serving industries like food and beverage.

Chillers: Chillers are essential for maintaining optimal temperatures during plastic processing. They help control the temperature of molds and materials, ensuring consistent quality and performance in products such as automotive components and consumer goods.

Cutters: Cutters are used to trim and shape plastic products after they have been formed. This equipment is essential for achieving the final dimensions and quality of products, which are used in various industries including automotive and consumer goods.

Dryers: Industrial dryers are used to remove moisture from plastic materials before processing. This is crucial for ensuring the quality of the final products, as excess moisture can lead to defects. They are widely used in various manufacturing processes.

Extruders: Extruders are essential machines that process plastic materials by melting and shaping them into continuous profiles. They are widely used in the production of plastic sheets, films, and pipes, making them crucial for industries such as packaging and construction.

Granulators: Granulators are machines that shred plastic waste into smaller pieces for recycling or reuse in manufacturing. They play a significant role in the sustainability efforts of companies by enabling the recycling of scrap plastic into new products.

Injection Molding Machines: These machines are designed to inject molten plastic into molds to create various shapes and products. Commonly utilized in manufacturing consumer goods, automotive parts, and medical devices, injection molding machines are vital for high-volume production.

Mixers: Mixers are used to blend different types of plastic resins and additives to achieve desired properties in the final product. This equipment is crucial for producing specialized materials that meet specific performance requirements in various applications.

Robots: Robotic systems are increasingly used in plastic manufacturing for tasks such as assembly, packaging, and quality control. Their precision and efficiency enhance productivity and reduce labor costs, making them valuable in high-volume production environments.

Screen Changers: Screen changers are devices that filter out contaminants from molten plastic during processing. They ensure the purity of the material, which is essential for producing high-quality plastic products used in sensitive applications like medical devices.

Temperature Controllers: Temperature controllers are critical for maintaining precise thermal conditions during plastic processing. They help ensure that machinery operates within optimal temperature ranges, which is vital for achieving consistent product quality.

Thermoforming Machines: Thermoforming machines heat plastic sheets until pliable and then form them into specific shapes using molds. This process is commonly used for creating packaging trays, clamshells, and other custom plastic products, catering to sectors such as food service and retail.

A thorough examination of the Plastics-Machinery & Equipment (Wholesale) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

Economic Factors

Social Factors

Technological Factors

Legal Factors

Economical Factors

An in-depth look at the Plastics-Machinery & Equipment (Wholesale) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Distributor
Value Stage: Intermediate
Description: This industry operates as a distributor within the value chain, focusing on the wholesale distribution of machinery and equipment essential for plastic product manufacturing. It connects manufacturers of plastic machinery with various end-users, ensuring that the right equipment is available to meet production needs.

Upstream Industries

Downstream Industries

Primary Activities

Inbound Logistics: Inbound logistics involve receiving machinery and equipment from manufacturers, ensuring that all items are inspected for quality and functionality upon arrival. Inventory management practices include maintaining optimal stock levels to meet customer demand while implementing quality control measures to verify that all equipment meets industry standards. Challenges may include delays in shipping, which are addressed through proactive supplier communication and contingency planning.

Operations: Core operations include processing orders, managing inventory, and coordinating logistics for equipment distribution. Quality management practices involve rigorous testing of machinery before distribution to ensure reliability and performance. Industry-standard procedures include maintaining detailed records of equipment specifications and compliance with safety regulations, which are crucial for operational efficiency.

Outbound Logistics: Outbound logistics encompass the distribution of machinery to customers, utilizing various transportation methods to ensure timely delivery. Quality preservation during delivery is achieved through careful packaging and handling procedures that protect equipment from damage. Common practices include tracking shipments and maintaining communication with customers regarding delivery schedules.

Marketing & Sales: Marketing strategies focus on building relationships with manufacturers and end-users through trade shows, industry publications, and direct outreach. Customer relationship practices emphasize understanding client needs and providing tailored solutions. Sales processes typically involve consultations to assess customer requirements and demonstrate machinery capabilities, ensuring that clients receive the best-fit equipment for their operations.

Support Activities

Infrastructure: Management systems in this industry include inventory management software that tracks stock levels and order processing. Organizational structures often consist of sales teams, logistics coordinators, and customer service representatives, all working together to ensure smooth operations. Planning and control systems are essential for forecasting demand and managing supplier relationships effectively.

Human Resource Management: Workforce requirements include skilled sales personnel who understand the technical aspects of machinery and equipment. Training and development approaches focus on enhancing product knowledge and customer service skills. Industry-specific skills include familiarity with machinery specifications and the ability to provide technical support to customers.

Technology Development: Key technologies include advanced inventory management systems and customer relationship management (CRM) software that streamline operations. Innovation practices involve staying updated with the latest machinery advancements and incorporating new technologies into the sales process. Industry-standard systems often include online platforms for order processing and customer engagement.

Procurement: Sourcing strategies involve establishing strong relationships with machinery manufacturers to ensure a reliable supply of high-quality equipment. Supplier relationship management is critical for negotiating favorable terms and ensuring timely delivery of products. Purchasing practices emphasize evaluating supplier performance based on quality, reliability, and cost-effectiveness.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is assessed through metrics such as order fulfillment rates and inventory turnover. Common efficiency measures include tracking lead times and optimizing logistics to reduce costs. Industry benchmarks are established based on average delivery times and customer satisfaction ratings.

Integration Efficiency: Coordination methods involve regular communication between sales, logistics, and supplier teams to ensure alignment on inventory levels and customer needs. Communication systems often include integrated software platforms that facilitate real-time updates and collaboration across departments.

Resource Utilization: Resource management practices focus on optimizing warehouse space and minimizing excess inventory. Optimization approaches may involve implementing just-in-time inventory systems to reduce holding costs while ensuring that customer demands are met promptly, adhering to industry standards for efficiency.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include strong supplier relationships, efficient logistics operations, and a deep understanding of customer needs. Critical success factors involve maintaining high inventory turnover and ensuring timely delivery of quality machinery to clients.

Competitive Position: Sources of competitive advantage include the ability to provide a diverse range of high-quality machinery and exceptional customer service. Industry positioning is influenced by the distributor's reputation for reliability and expertise, impacting market dynamics and customer loyalty.

Challenges & Opportunities: Current industry challenges include supply chain disruptions and fluctuating demand for machinery. Future trends may involve increased automation in manufacturing processes, presenting opportunities for distributors to expand their offerings and enhance service capabilities.

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Plastics-Machinery & Equipment (Wholesale) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The industry benefits from a robust infrastructure that includes extensive warehousing, distribution centers, and logistics networks. This strong infrastructure supports efficient operations, enabling companies to meet the high demand for machinery and equipment in various sectors, including automotive and packaging.

Technological Capabilities: Companies in this industry leverage advanced technologies, including automation and smart machinery, to enhance operational efficiency. The presence of proprietary technologies and patents contributes to a moderate level of innovation, allowing firms to maintain a competitive edge in the marketplace.

Market Position: The industry holds a strong position within the broader machinery sector, characterized by a significant market share and brand recognition. Established relationships with key manufacturers and end-users enhance competitive strength, although the market faces challenges from emerging competitors.

Financial Health: Financial performance across the industry is generally strong, with many companies reporting stable revenue growth and healthy profit margins. The financial health is supported by consistent demand for plastic machinery, although fluctuations in raw material prices can impact profitability.

Supply Chain Advantages: The industry enjoys well-established supply chain networks that facilitate efficient procurement and distribution of machinery. Strong relationships with manufacturers and logistics providers enhance operational efficiency, allowing for timely delivery of products to customers.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many workers possessing specialized training in machinery operation and maintenance. This expertise contributes to high standards of service and operational efficiency, although ongoing training is necessary to keep pace with technological advancements.

Weaknesses

Structural Inefficiencies: Some companies face structural inefficiencies due to outdated inventory management systems or inadequate facility layouts, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more streamlined operations.

Cost Structures: The industry grapples with rising costs associated with logistics, labor, and compliance with safety regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some companies are technologically advanced, others lag in adopting new inventory and supply chain management technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly due to global supply chain disruptions. These resource limitations can disrupt procurement schedules and impact product availability.

Regulatory Compliance Issues: Navigating the complex landscape of safety and environmental regulations poses challenges for many companies. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Companies may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing demand for plastic products across various sectors, including automotive and consumer goods. The trend towards sustainable and recyclable materials presents opportunities for companies to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in machinery technologies, such as automation and IoT integration, offer opportunities for enhancing operational efficiency and product quality. These technologies can lead to increased efficiency and reduced waste in production processes.

Economic Trends: Favorable economic conditions, including rising industrial production and consumer spending, support growth in the plastics machinery market. As industries expand, the demand for efficient machinery is expected to rise, driving market growth.

Regulatory Changes: Potential regulatory changes aimed at promoting sustainable practices could benefit the industry. Companies that adapt to these changes by offering eco-friendly machinery may gain a competitive edge in the market.

Consumer Behavior Shifts: Shifts in consumer preferences towards sustainable and efficient products create opportunities for growth. Companies that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Companies must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in industrial demand, can impact the market for plastics machinery. Companies must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding machinery safety and environmental impact can pose challenges for the industry. Companies must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative materials and manufacturing processes could disrupt the market for traditional plastics machinery. Companies need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Companies must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust demand for plastics machinery across various sectors. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that companies can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

Growth Potential: The growth prospects for the industry are robust, driven by increasing demand for efficient and sustainable machinery. Key growth drivers include advancements in automation technologies, rising industrial production, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as industries seek to enhance productivity. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

An exploration of how geographic and site-specific factors impact the operations of the Plastics-Machinery & Equipment (Wholesale) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: The wholesale distribution of plastics machinery and equipment thrives in regions with a strong manufacturing base, such as the Midwest and Southeast. Areas like Ohio and North Carolina are advantageous due to their proximity to numerous plastic product manufacturers, which facilitates quick delivery and reduces transportation costs. Urban centers with established logistics networks also enhance operational efficiency, allowing wholesalers to respond rapidly to customer demands and maintain competitive advantage in the market.

Topography: Flat and accessible terrain is crucial for the operations of this industry, as it allows for the establishment of large warehouses and distribution centers. Regions with minimal elevation changes, such as the Midwest, provide ideal conditions for efficient logistics and transportation. In contrast, hilly or mountainous areas may pose challenges for the movement of heavy machinery and equipment, potentially increasing operational costs and delivery times.

Climate: The climate impacts the storage and handling of machinery and equipment, particularly in terms of humidity and temperature control. Regions with extreme temperatures may require additional climate control measures in warehouses to prevent damage to sensitive equipment. For instance, areas with high humidity levels necessitate dehumidification systems to protect machinery from corrosion and degradation, while colder climates may require heating systems to maintain optimal storage conditions.

Vegetation: Vegetation management is essential for maintaining clear access routes and ensuring safety around distribution facilities. In regions with dense vegetation, such as the Southeast, companies must implement landscaping practices that comply with local regulations while minimizing fire hazards. Additionally, the presence of certain plant species may influence site selection, as some vegetation can attract pests that could damage stored machinery and equipment.

Zoning and Land Use: Zoning regulations for wholesale distribution facilities typically require industrial designations that allow for large-scale operations and logistics activities. Local land use policies may dictate the types of machinery that can be stored and the operational hours of distribution centers. Compliance with environmental regulations is also critical, particularly concerning waste management and emissions, which can vary significantly by region.

Infrastructure: Robust infrastructure is vital for the effective operation of wholesale distribution in this industry. Access to major highways and transportation networks is essential for timely deliveries, while reliable utilities, including electricity and water, support the operation of machinery and equipment. Communication infrastructure, such as high-speed internet, is also necessary for managing inventory and logistics efficiently, enabling wholesalers to track shipments and respond to customer inquiries promptly.

Cultural and Historical: The historical presence of manufacturing in regions like the Midwest has fostered a skilled workforce familiar with machinery and equipment operations. Community acceptance of wholesale distribution facilities is generally positive, given their role in supporting local economies. However, there may be concerns regarding noise and traffic associated with large delivery trucks, prompting companies to engage in community outreach to address these issues and promote their contributions to local employment and economic stability.

A detailed overview of the Plastics-Machinery & Equipment (Wholesale) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Large

Description: This industry focuses on the wholesale distribution of machinery and equipment essential for producing plastic products, including extruders, injection molding machines, and blow molding machines. It serves various sectors such as automotive, packaging, and consumer goods, ensuring that manufacturers have the necessary tools for efficient production.

Market Stage: Mature. The industry is characterized by established distribution networks and a stable customer base, with growth driven by advancements in plastic production technologies and increasing demand from end-user industries.

Geographic Distribution: National. Distribution facilities are strategically located across the United States, often near major manufacturing hubs to facilitate quick delivery and support to clients in various regions.

Characteristics

Market Structure

Market Concentration: Moderately Concentrated. The market features a mix of large distributors with extensive inventories and smaller niche players focusing on specific types of machinery or regional markets, leading to a moderately concentrated competitive landscape.

Segments

Distribution Channels

Success Factors

Demand Analysis

Demand Drivers

Competitive Landscape

Entry Barriers

Business Models

Operating Environment