Rising U.S. Labor Costs: Implications for Plastics Industry for 2026

In the plastics manufacturing industry, at least 50% of total costs are materials—primarily plastic resins—while the remainder is allocated across labor and other operating expenses. According to PLASTICS' 2025 Size and Impact Report, materials accounted for 66.6% of shipments, annual payroll represented 12.7%, and the remaining 20.7% reflected other operating costs.