SIC 2655 Fiber Cans, Tubes, Drums and Similar Products

SIC 2655

Establishments in this industry are primarily engaged in manufacturing fiber cans, tubes, drums, cones, and similar products from purchased paperboard. These products can be made with or without metal ends. This industry segment produces a wide variety of products, including paper fiber bottles, fiber bobbins, composite cans, all-fiber cans, fiber drums (metal-end or all fiber), fiber cores, mailing cases and tubes, and tubes for chemical and electrical use.

NAICS CODE(S)

322214

Fiber Can, Tube, Drum, and Similar Products Manufacturing

Fiber can and drum manufacturing is a mature industry, with growth at or below the rate of increase in the U.S. gross domestic product (GDP). From 1984 to 1997, the value of this industry's product shipments increased roughly 35 percent, from $1.69 billion to $2.14 billion. With an annualized growth rate of 2.7 percent, this industry ranked among the slower growing paper products industries, but was still close to matching the country's average growth in GDP. However, after growing to $2.32 billion in 2000, the value of shipments in 2002 declined to $1.88 billion. This decrease reflected a general economic downturn in the United States. Sales grew modestly by 2005, reaching $2.07 billion.

The number of establishments in the industry was 258...

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