Packaging Services, Shrink Wrap and more - Industry Research Report:

In addition to your own research to learn more about an industry, BizCompare.com is pleased to provide this industry research report for the Packaging Services, Shrink Wrap and more industry. This important "firmographic" information provides you with deeper understanding of the size and key facts about an industry, improving your decision making.

In the U.S. there are 2,792 companies who operate in the Packaging Services, Shrink Wrap and more area, a specific industry in the larger category of Admin and Support Services.

The NAICS code and description for the Packaging Services, Shrink Wrap and more industry is: 56191 - Packaging and Labeling Services

Companies in the Packaging Services, Shrink Wrap and more industry are comprised of companies primarily engaged in providing the packaging of client-owned materials. The services may include labelling and/or imprinting the package.

Annual Business Sales:

Yearly revenues, a helpful indicator to understand the size of a business.

• All of the U.S.

The average annual business sales for the 2,792 companies in the Packaging Services, Shrink Wrap and more category across the U.S is $50M - $100M.

Annual business sales for all Packaging Services, Shrink Wrap and more companies, nationally:

Up to $500,000	41%
$500K - $1M	12.3%
$1M - $2.5M	17.9%
$2.5M - $5M	7.1%
$5M - $10M	6.9%
$10M - $25M	5.6%
$25M - $50M	2.2%
$50M - $100M	1.6%
$100M - $500M	1.6%
$500M - $1B	0.4%
More than $1B	3.5%

Number of Employees:

Number of employees also a helpful indicator to understand the size of a business.

• All of the U.S.

The average number of employees for the 2,792 companies in the Packaging Services, Shrink Wrap and more category across the U.S is 500 to 999.

Number of employees for all Packaging Services, Shrink Wrap and more companies, nationally:

1 to 4	38.9%
5 to 9	12%
10 to 19	15.7%
20 to 49	11.2%
50 to 99	7.5%
100 to 249	6.4%
250 to 499	2.7%
500 to 999	1%
1,000 to 4,999	1.5%
5,000 to 9,999	0.5%
10,000 +	2.6%

Sales per Employee:

Revenue per employee may indicate the productivity and potentially the profitability of a company.

• All of the U.S.

The average annual business sales per employee for the 2,792 companies in the Packaging Services, Shrink Wrap and more category in the U.S is $100K - $150K.

Annual business sales per employee for all Packaging Services, Shrink Wrap and more companies, nationally:

Under $25K	5.3%
$25K - $50K	10.7%
$50K - $75K	3.4%
$75K - $100K	48.9%
$100K - $150K	14%
$150K - $250K	7.2%
$250K - $500K	7.2%
Over $500K	3.4%

Years in Business:

How long this business has been operating.

• All of the U.S.

The average years in business for the 2,792 companies in the Packaging Services, Shrink Wrap and more category across the U.S is Over 10 Years.

Years in business for all Packaging Services, Shrink Wrap and more companies, nationally:

1 Year	6.9%
2 Years	3.8%
3 to 5 Years	12.4%
6 to 10 Years	16.9%
Over 10 Years	59.9%