Canada Protective Packaging Market Size & Outlook
Canada protective packaging market, 2018-2030 (US$M)
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Canada protective packaging market highlights
- The Canada protective packaging market generated a revenue of USD 1,225.0 million in 2023 and is expected to reach USD 1,605.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, flexible was the largest revenue generating type in 2023.
- Flexible is the most lucrative type segment registering the fastest growth during the forecast period.
Protective packaging market data book summary
| Market revenue in 2023 | USD 1,225.0 million |
| Market revenue in 2030 | USD 1,605.5 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Flexible |
| Fastest growing segment | Flexible |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible, Foam, Rigid |
| Key market players worldwide | Sealed Air Corp, Sonoco Products Co, Smurfit Kappa Group PLC, WestRock Co, Huhtamäki Oyj, DS Smith PLC, Pregis, Pro-Pac Packaging (Aust) Pty Ltd, Dow Inc, Intertape polymer group, Storopack, International Paper Co, EcoEnclose, Point Five Packaging, Universal Protective Packaging |
Other key industry trends
- In terms of revenue, Canada accounted for 3.5% of the global protective 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. protective packaging market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 10,742.8 million by 2030.
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Protective Packaging Market Scope
Protective Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada protective 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 protective packaging market will help companies and investors design strategic landscapes.
Flexible was the largest segment with a revenue share of 64.69% in 2023. Horizon Databook has segmented the Canada protective packaging market based on flexible, foam, rigid covering the revenue growth of each sub-segment from 2018 to 2030.
Growing at a CAGR of 3.5% over the forecast period. Increasing investments for R&D and innovations to manufacture sustainable and environmental friendly protective packaging by the key market players is anticipated to play a key role in the market growth.
Moreover, presence of key online retailers from the U.S. such as Amazon, e-bay, Wal-Mart, and other local e-retailers are fueling the propelling the demand for protective packaging.
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Target buyers of Canada protective packaging market databook
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Our clientele includes a mix of protective packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 protective packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada protective packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada protective packaging market size, by type, 2018-2030 (US$M)
Canada Protective Packaging Market Outlook Share, 2023 & 2030 (US$M)
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