Canada Pouches Market Size & Outlook, 2023-2030
Canada pouches market, 2018-2030 (US$M)
Related Markets
Canada pouches market highlights
- The Canada pouches market generated a revenue of USD 1,406.8 million in 2023 and is expected to reach USD 2,118.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 6% 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.
Pouches market data book summary
| Market revenue in 2023 | USD 1,406.8 million |
| Market revenue in 2030 | USD 2,118.2 million |
| Growth rate | 6% (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, Sealed Air Corp, Constantia Flexibles, Coveris, Goglio Group, ProAmpac, Gualapack SpA, Huhtamäki Oyj, Smurfit Kappa Group PLC |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global pouches 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. pouches 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 1,001.7 million by 2030.
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Pouches Market Scope
Pouches Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada pouches 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 pouches market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 63.78% in 2023. Horizon Databook has segmented the Canada pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Canada accounted for a revenue share of 11.2% of the North American pouches market in 2020. The demand for pharmaceutical and healthcare packaging in the country is being driven by the increasing demand for package integrity and product safety.
In addition, rising demand for easy-to-open packages from the aging population is anticipated to drive the Canadian pouch-based packaging solution industry over the forecast period. Rising use of pouch-based packaging products in Canada’s pharmaceutical and healthcare sector is anticipated to boost the growth of plastics segment in the country.
Polyvinyl chloride is increasingly being used for the packaging of pharmaceutical products owing to its advantageous characteristics such as versatility, strength, and flexibility. PVC is a cheap and well-investigated plastic material for medical and pharmaceutical applications.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pouches market , including forecasts for subscribers. This country databook contains high-level insights into Canada pouches market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pouches market size, by material, 2018-2030 (US$M)
Canada Pouches Market Outlook Share, 2023 & 2030 (US$M)
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