INSIGHTS - OCTOBER 2024

UK Rubber & Plastic Industry

UK Rubber & Plastic Industry Information

The plastics and rubber products industry manufacture goods by processing plastic and rubber raw materials to create products such as plastic bags and bottles, plastic film and sheets, plastic and rubber pipes, plastic foams, rubber hoses and tyres.

Active Businesses

4,901

Annual Sales

£25bn +

Employees

129,533

Economic Contribution 

£8bn

Tags

Location of Rubber & Plastic Companies

Rubber & Plastic Companies by Size

40% Micro

40% Small

13% Mid

6% Large

1% Mega

Rubber & Plastic Companies by Age

47% Mature

25% Established

15% Young

11% Startup

2% New

Fastest Growing Rubber & Plastic Companies

34% Healthy

28% Declining

17% High

13% Low

9% Rapid

Rubber & Plastic Industry Competitive Environment - New Entrants vs Leavers

Rubber & Plastic Industry Valuation

EBITDA Multiple

Data only available to Pomanda Pro subscribers.

Rubber & Plastic Industry Valuation

Turnover Multiple

Data only available to Pomanda Pro subscribers.

Rubber & Plastic Industry Valuation

Net Asset Multiple

Data only available to Pomanda Pro subscribers.

Note - from March 2020 multiples are calculated monthly, prior to this they were calculated on an annual basis.
UK Manufacture of rubber and plastic products Industry Insights

There are 4,901 active Businesses in the UK with combined annual sales of £25 billion .

The Industry employs around 129,532 people and contributes £8 billion to the economy.

The most popular location for Rubber & Plastic companies is North West England with 659 and the fewest are located in Northern Ireland with 172.

The largest Rubber & Plastic company is Itw Limited with a turnover of £871.7m. 40% of the industry is comprised of Micro companies with only 13% Mid companies.

11% of the Rubber & Plastic Industry is made up of 11% Startup but the majority are Mature businesses (47%) the oldest company is Centurion Safety Products Ltd founded in 1879.

Rubber & Plastic industry has a number of high growth companies (13%), the fastest growing company is Garner Aluminium Extrusions Ltd with a 3 year growth rate of 96%. Other fast growing companies include Albea Creative Uk Limited (77%), Airbase Uk Interiors Ltd (54%) and Milkrite Interpuls Limited (52%).

The UK Rubber & Plastic Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 7.69x, Turnover multiple of 0.99x and a Net Asset multiple of 1.95x.