Plastics Industry: Outlook for the Region

In Central America, it is expected that the impact of the covid-19 crisis on the plastic product manufacturing business will be partly explained by the expected drop in sales of bottles and household products.

Tuesday, March 31, 2020

The "Information System for the Impact Analysis of covid-19 on Business", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the degree of impact that the crisis will have on companies according to their sector or economic activity, during the coming months.

It is predicted that the manufacture of flexible plastic bags and films will be among the activities that will suffer a considerable impact in the coming months. Another sector that is in the group of those that will be impacted, but in lesser magnitude, is the Manufacture of rigid plastic laminates.

According to forecasts, the impact on the plastics and rubber industry will not be as severe in this context of health alert and restriction of mobility of people, especially when compared to the impact that will be felt in sectors such as Transport, Entertainment or Restaurants.

The information system can help you to answer the following questions:

How and how much will my company be affected?
How much could the demand for my products and services fall in the medium term?
Which sectors are most at risk of registering significant falls in their sales?
How many of my customers and suppliers could face problems?


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