Canada Medical Flexible Packaging Market Size & Outlook
Canada medical flexible packaging market, 2018-2030 (US$M)
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Canada medical flexible packaging market highlights
- The Canada medical flexible packaging market generated a revenue of USD 92.5 million in 2023 and is expected to reach USD 127.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Bioplastics is the most lucrative material segment registering the fastest growth during the forecast period.
Medical flexible packaging market data book summary
| Market revenue in 2023 | USD 92.5 million |
| Market revenue in 2030 | USD 127.5 million |
| Growth rate | 4.7% (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, Aluminum, Bioplastics |
| Key market players worldwide | Amcor PLC, AptarGroup Inc, BD, Berry Global Group Inc, Winpak Ltd, Sealed Air Corp, Mondi PLC, Huhtamäki Oyj, Coveris, WestRock Co, Daetwyler Holding AG, Catalent Inc, CCL Industries Inc Registered Shs -B- Non Vtg, Gerresheimer AG ADR, Amcor |
Other key industry trends
- In terms of revenue, Canada accounted for 0.5% of the global medical flexible packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. medical 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 95.9 million by 2030.
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Medical Flexible Packaging Market Scope
Medical Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada medical 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 medical flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 74.81% in 2023. Horizon Databook has segmented the Canada medical flexible packaging market based on plastics, paper, aluminum, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
The medical flexible packaging market in Canada is growing rapidly owing to the advancements in medical technology, the increasing demand for healthcare products, and the need for safe & efficient packaging solutions.
In Canada, several companies specialize in medical flexible packaging, including Amcor Limited, Berry Global Inc., and Sealed Air Corporation. These companies offer a range of flexible packaging solutions, including bags, pouches, and films, which are designed to meet the specific needs of medical industry.
The demand for medical flexible packaging in Canada is expected to continue to grow in the coming years driven by factors such as an aging population, the increasing prevalence of chronic diseases, and the growing demand for advanced medical treatments. The Canadian government has made investments in healthcare industry, which is expected to further drive the medical flexible packaging market in the country.
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Our clientele includes a mix of medical flexible 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 medical flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada medical flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada medical flexible packaging market size, by material, 2018-2030 (US$M)
Canada Medical Flexible Packaging Market Outlook Share, 2023 & 2030 (US$M)
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