Canada Flexible Packaging Market Size & Outlook, 2023-2030
Canada flexible packaging market, 2018-2030 (US$M)
Related Markets
Canada flexible packaging market highlights
- The Canada flexible packaging market generated a revenue of USD 8,968.1 million in 2023 and is expected to reach USD 12,485.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 8,968.1 million |
| Market revenue in 2030 | USD 12,485.8 million |
| Growth rate | 4.8% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Bioplastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Paper, Metal, Bioplastics |
| Key market players worldwide | Amcor PLC, Mondi PLC, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global flexible packaging market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. flexible packaging market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 8,053.4 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada flexible packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 69.41% in 2023. Horizon Databook has segmented the Canada flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Canada possesses a multicultural population, which is continuously increasing owing to favorable working opportunities. The growing population is expected to drive the demand for food and beverages, directly influencing the growth of the food & beverage processing industry. According to Canada.ca, the official website of the Government of Canada, the food & beverages processing industry is the second largest in the country.
Canada exports processed food products and beverages to approximately 192 countries worldwide. This flourishing food & beverages processing industry is expected to drive the demand for flexible packaging owing to their superior barrier resistance against oxygen, moisture, and light.
Flexible packaging products such as bags, pouches, sachets, wrapping films, and stick packs are used for packing powdered drinks, savory snacks, baby food, dry fruits & nuts, fruits, meat, seafood, and fruits and vegetables. Flexible packaging with 3, 5, and 7 layers, as well as multilayered structures, helps preserve the nutritional value of food products and provides them with the required cushioning against impact.
Reasons to subscribe to Canada flexible packaging market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada flexible packaging market databook
-
Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada flexible packaging market size, by raw material, 2018-2030 (US$M)
Canada Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
