Canada Plastic Films And Sheets Market Size & Outlook
Canada plastic films and sheets market, 2019-2030 (US$M)
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Canada plastic films and sheets market highlights
- The Canada plastic films and sheets market generated a revenue of USD 1,195.2 million in 2022 and is expected to reach USD 1,604.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.7% from 2023 to 2030.
- In terms of segment, ldpe/lldpe was the largest revenue generating product in 2022.
- BOPP is the most lucrative product segment registering the fastest growth during the forecast period.
Plastic films and sheets market data book summary
| Market revenue in 2022 | USD 1,195.2 million |
| Market revenue in 2030 | USD 1,604.1 million |
| Growth rate | 3.7% (CAGR from 2022 to 2030) |
| Largest segment | Ldpe/lldpe |
| Fastest growing segment | BOPP |
| Historical data | 2019 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | LDPE/LLDPE, PVC, PA, BOPP, HDPE, CPP |
| Key market players worldwide | Toray Industries Inc, Toyobo Co Ltd, Berry Global Group Inc, SABIC, Sealed Air Corp, Dow Inc, DuPont de Nemours Inc, Amcor PLC, Uflex, British Polythene Industries Plc, Novolex |
Other key industry trends
- In terms of revenue, Canada accounted for 2.5% of the global plastic films and sheets market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. plastic films and sheets 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 1,443.4 million by 2030.
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Plastic Films And Sheets Market Scope
Plastic Films And Sheets Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada plastic films and sheets 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 plastic films and sheets market will help companies and investors design strategic landscapes.
Ldpe/lldpe was the largest segment with a revenue share of 51.92% in 2022. Horizon Databook has segmented the Canada plastic films and sheets market based on ldpe/lldpe, pvc, pa, bopp, hdpe, cpp covering the revenue growth of each sub-segment from 2019 to 2030.
The Canada is one of the biggest producers of crude oil globally. Declining prices of crude oil coupled with increasing manufacturing sector in the region is paving the way for the growth of the plastic films & sheets market. Plastics are produced from various petrochemicals produced from crude oil.
Canada boasts of a strong petrochemical production owing to significant reserves and production of crude plastic. The massive production of virgin plastic resin in the country is giving tough competition to the metal and non-metal industry.
Low-cost virgin resins are preferred by manufacturers over metals and non-metals due to the low cost of raw materials coupled with high production volumes in terms of units per kg of resin.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada plastic films and sheets market , including forecasts for subscribers. This country databook contains high-level insights into Canada plastic films and sheets market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Canada plastic films and sheets market size, by product, 2019-2030 (US$M)
Canada Plastic Films And Sheets Market Outlook Share, 2022 & 2030 (US$M)
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