Gasket, Packing, and Sealing Device Manufacturing - 2023 U.S. Market Research Report with Updated COVID-19 & Recession Forecasts
The 2023 Gasket, Packing, and Sealing Device Manufacturing Market Research Report is one of the most comprehensive and in-depth assessments of the industry in the United States with over 100 data sets covering 2014-2027. This report includes updated forecasts due to the economic impact of COVID-19 and a potential recession.
This 39-page report is based on extensive business surveys filled out by companies in the industry. Analysts create the forecasts utilizing historical data, macroeconomic trends, industry dynamics, and econometrics. Professionals utilize this report for market sizing, benchmarking, strategic planning, due diligence, valuations, cost-cutting, planning, understanding industry dynamics, evaluating opportunities, forecasting, streamlining, gap analysis, and other analyses.
This Kentley Insights report includes historical and forecasted industry size, growth, product line breakdown, profitability, financial ratios, balance sheet benchmarks, plant utilization, BCG matrix, statistics by state, operating expense details, inventory costs, production material cost detail, organizational breakdown, consolidation analysis, employee productivity, inflation, pay bands for the top 20 industry jobs, trend analysis and forecasts on companies, facilities, employees, payroll, and much more.
Review the table of contents to see the data-rich insights, which leaders have come to depend on for their research, strategic, and benchmarking needs.
This industry includes companies primarily engaged in manufacturing gaskets, packing, and sealing devices of all materials.
Below are a few of the hundreds of stats from the 2023 Gasket, Packing, and Sealing Device Manufacturing Market Research Report:
INDUSTRY SIZE
In 2022, industry sales were $7 billion
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INDUSTRY GROWTH
Over the past 3 years, the industry has grown at an annual rate of 0.8%
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COMPANY GROWTH
There are 495 companies in the industry
Learn more about the historical and forecasted industry composition
SALES PER FACILITY
In 2022, the average sales per facility was $12.2 million
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PPI & PRICING
2022 PPI growth was 7.5%
Purchase now for historical PPI (2014-2022), and forecasts for 2023 & 2027
FINANCIAL RATIO BENCHMARKS
Companies average a Fixed Asset Turnover ratio of 2.9
Benchmark nine other important financial ratios
PRODUCTIVITY ANALYSIS
In 2022, employee productivity was $249,389
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EXPENSE BENCHMARKING
3.8% of expenses are spent on health insurance
Benchmark against 24 other expense categories
OPERATING EXPENSES
In 2022, industry operating expenses grew 7.8%
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PAYROLL
In 2022, payroll per employee was $64,216
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PAYROLL BY STATE
California averages $59,329 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
7.6% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $20.77
Purchase now for the bottom 10%, 25%, average, top 75% and 90% pay ranges in 14 job categories
The above highlights represent a small fraction of what you will find in this report.
Purchase the 2023 U.S. Market Research Report on Gasket, Packing, and Sealing Device Manufacturing now to unlock the insight from one of the most trusted research firms.
- Table of Contents for the 2023 Gasket, Packing, and Sealing Device Manufacturing U.S. Market Research Report:
- Gasket, Packing, and Sealing Device Manufacturing Report Overview
- Industry Overview
- Methodology
- Industry Definition & Profile
- Revenue & Growth Snapshot
- Costs & Profitability Snapshot
- Industry Performance
- Trend Analysis from 2014 to 2022
- 2023 Forecast
- 5-Year Forecast
- Total Revenue / Sales
- Number of Companies
- Number of Facilities
- Breakdown of Product Lines
- Percentage of Revenue from Top Product Lines
- Growth Benchmarks
- Trends from 2014 to 2022
- Forecasts for 2023 and the Next 5 Years
- Revenue per Company
- Revenue per Facility
- Facilities per Company
- Plant Metrics
- Utilization
- Hours
- 2019-2022 by Quarter
- BCG Matrix
- Income vs. Revenue Growth Matrix
- Manufacturing Subsectors vs. Industry
- State Statistics
- Revenue per Employee and State Rankings
- Number of Employees and State Rankings
- Sales as a % of Manufacturing and State Rankings
- Sales as a Percent of GDP by State
- Sales per Facility and State Rankings
- Payroll per Employee and State Rankings
- Pricing & PPI
- Annual PPI - Indexed to 2006
- Trends from 2014 to 2022
- Forecasts for 2023 and the Next 5 Years
- Seasonal Monthly PPI Figures for the Past 4 Years
- Profitability & Financial Ratio Analysis
- Percent of Companies that are Profitable
- Average Net Income as a Percent of Revenue
- Total Asset Turnover
- Fixed Asset Turnover
- Fixed Assets to Total Assets Ratio
- Total Assets to Total Liabilities Ratio
- Return on Sales
- Return on Total Assets
- Return on Net Worth
- Total Liabilities to Net Worth Ratio
- Fixed Assets to Net Worth Ratio
- Solvency Ratio
- Balance Sheet Benchmarks
- Current Assets
- Non-Current Assets
- Short-term Liabilities
- Long-term Liabilities
- Equity
- 31 Balance Sheet Categories
- Workforce Breakdown (% of Employees)
- Operations & Production
- Management & Finance
- Sales & Marketing
- IT & Engineering
- Service, Support & Training
- Operating Expense Detail
- Employee Expenses
- Annual Payroll
- Health insurance
- Defined benefit pension plans
- Defined contribution plans
- Other fringe benefits
- Contract labor costs, incl. temporary help
- Cost of Materials
- Cost of materials, containers, packaging, etc.
- Cost of electricity and fuels
- Cost of contract work
- Building and Equipment
- Capex for machinery and equipment
- Capex for buildings and structures
- Rental or lease
- Repair and maintenance
- Refuse Removal
- IT Expenses
- Data processing & other computer services
- Communication services
- Miscellaneous Expenses
- Advertising and promotional services
- Professional and technical Manufacturing
- Taxes and license fees
- Other Operating Expenses
- Production Material Costs
- Top Production Material Cost Breakdown
- Broken Out by Line Item as a % of Total Material Costs
- Up to 20 Line Items
- Industry Operating Expenses
- Industry Operating Expenses
- Industry Revenue vs. Operating Expense Growth
- Operating Expense as a Percent of Revenue
- Operating Expenses per Company
- Operating Expenses per Facility
- Revenue vs. Expenses Growth per Facility
- Trends from 2014 to 2022
- Forecasts for 2023 and the Next 5 Years
- Productivity & Industry Employment
- Trends from 2014 to 2022
- Forecasts for 2023 and the Next 5 Years
- Revenue per Employee
- Total Industry Employees
- Employees per Company
- Consolidation Analysis
- Number of Companies by Business Size
- Number of Facilities by Business Size
- Facilities per Company by Business Size
- 2012 versus 2022
- Employment by Business Size
- Number of Employees by Business Size
- Employees per Company by Business Size
- Employees per Facility by Business Size
- 2012 versus 2022
- Manufacturing Subsector Benchmarking Analysis
- Sales and 5-Year CAGR
- Number of Companies
- Number of Facilities
- Facilities per Company
- Employees per Company
- Industry Payroll
- Payroll per Employee
- Payroll per Company
- Payroll per Facility
- Trends from 2014 to 2022
- Forecasts for 2023 and the Next 5 Years
- Payroll by Business Size
- Payroll per Company
- Payroll per Facility
- Payroll per Employee
- 2012 versus 2022
- Job Categorization Pay Ranges
- Management & Finance
- Sales & Marketing
- IT & Engineering
- Service & Support
- Operations & Production
- Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%
- Top 20 Jobs Breakdown
- Percent of Total Employees
- Pay Bands - Bottom 10% & 25%, Mean, Top 25% & 10%
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