Canada Food Packaging Market Size & Outlook, 2024-2030
Canada food packaging market, 2018-2030 (US$M)
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Canada food packaging market highlights
- The Canada food packaging market generated a revenue of USD 10,921.9 million in 2024 and is expected to reach USD 14,633.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 5% from 2025 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2024.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Food packaging market data book summary
| Market revenue in 2024 | USD 10,921.9 million |
| Market revenue in 2030 | USD 14,633.3 million |
| Growth rate | 5% (CAGR from 2024 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid, Semi-rigid, Flexible |
| Key market players worldwide | Amcor PLC, Sealed Air Corp, Sonoco Products Co, Berry Global Group Inc, WestRock Co, Mondi PLC, Genpak, Pactiv Evergreen Inc Ordinary Shares, Winpak Ltd, Alpha Packaging, Packaging Corp of America, Emmerson Resources Ltd, ProAmpac |
Other key industry trends
- In terms of revenue, Canada accounted for 2.7% of the global food packaging market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. food 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 17,902.2 million by 2030.
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Food Packaging Market Scope
Food Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada food 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 food packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 44.75% in 2024. Horizon Databook has segmented the Canada food packaging market based on rigid, semi-rigid, flexible covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing desk-bound work culture and rising women's workforce in corporate jobs in Canada have been propelling the demand for packaged and ready-to-eat food products in the past few years. Rising level of consumer awareness regarding the need to reduce plastic waste and move toward a more circular economy by shifting toward the use of packaging products made from sustainable and eco-friendly materials.
Rising consumer demand for sustainable packaging products has built pressure on food packaging manufacturers to shift their focus from plastic to other packaging materials such as paper and paperboard in recent years.
Cascades is one such Canadian food packaging company involved in developing sustainable food packaging solutions. In June 2022, Cascades expanded its line of isothermal packaging solutions through the development of the Northbox XTEND technology.
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Our clientele includes a mix of food packaging market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada food packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada food packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada food packaging market size, by type, 2018-2030 (US$M)
Canada Food Packaging Market Outlook Share, 2024 & 2030 (US$M)
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