Establishments primarily engaged in the wholesale distribution of wrapping and other coarse paper, paperboard, and converted paper and related disposable plastics products, such as bags, boxes, dishes, eating utensils, napkins, and shipping supplies.
The Industrial and Personal Service Paper industry (NAICS 5113) has been witnessing several qualitative trends, primarily driven by evolving consumer preferences and technological advancements. One of the key trends is the growing emphasis on sustainability. Companies are increasingly adopting eco-friendly practices, such as using recycled materials and reducing carbon footprints in manufacturing processes. This shift is in response to heightened environmental awareness among consumers and regulatory pressures.
Another emerging trend is the digital transformation within the industry. Businesses are leveraging advanced analytics and automation technologies to enhance operational efficiency and supply chain management. The integration of IoT (Internet of Things) devices facilitates real-time tracking and better inventory management, thus reducing waste and improving service quality.
Additionally, there is an increased focus on product innovation. Manufacturers are developing multi-functional and high-performance paper products that cater to diverse industrial applications. Customized solutions tailored to specific client needs are becoming more prevalent, as companies strive to differentiate themselves in a competitive market.
Looking ahead, these trends are expected to continue shaping the industry. The push towards sustainability will likely lead to more stringent regulations and higher demand for green products. Digitalization will further streamline operations and create new growth opportunities. Product diversification and innovation will remain crucial as businesses adapt to changing market dynamics and customer expectations. Overall, the industry is poised for a period of significant transformation driven by these qualitative trends.
Bags, paper and disposable plastics-wholesale
Boxes, paperboard and disposable plastics-wholesale
Cardboard and products-wholesale
Closures, paper and disposable plastics-wholesale
Containers, paper and disposable plastics-wholesale
Corrugated and solid fiber boxes-wholesale
Cups, paper and disposable plastics-wholesale
Dishes, paper and disposable plastics-wholesale
Eating utensils forks, knives, spoons-disposable plastics-wholesale
Fiber cans and drums-wholesale
Folding paperboard boxes-wholesale
Napkins, paper-wholesale
Paper and products, wrapping or coarse-wholesale
Paper, except printing or writing and office supplies-wholesale
Paperboard and products, except office supplies-wholesale
Patterns, paper-wholesale
Pressed and molded pulp goods-wholesale
Pressure sensitive tape-wholesale
Sanitary food containers paper, paperboard, and disposable
Setup paperboard boxes-wholesale
Shipping supplies, paper and disposable plastics (e g, cartons,
Towels, paper-wholesale
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.