Canada Returnable Packaging Market Size & Outlook
Canada returnable packaging market, 2018-2030 (US$M)
Related Markets
Canada returnable packaging market highlights
- The Canada returnable packaging market generated a revenue of USD 3,624.0 million in 2023 and is expected to reach USD 5,314.6 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, plastic was the largest revenue generating material in 2023.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Returnable packaging market data book summary
| Market revenue in 2023 | USD 3,624.0 million |
| Market revenue in 2030 | USD 5,314.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Plastic |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastic, Metal, Wood |
| Key market players worldwide | AMETEK Inc, Incitec Pivot Ltd, Packaged Pumping Stations, Tri-pack Packaging Systems, ORBIS Corp., Nefab Group, CHEP, Four U Packaging & Supplies, UBEECO Packaging Solutions, Returnable Packaging Resource, RPP Containers, Brookfield Business Partners LP |
Other key industry trends
- In terms of revenue, Canada accounted for 3.1% of the global returnable 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. returnable packaging market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,314.6 million by 2030.
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Returnable Packaging Market Scope
Returnable Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada returnable 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 returnable packaging market will help companies and investors design strategic landscapes.
Plastic was the largest segment with a revenue share of 62.77% in 2023. Horizon Databook has segmented the Canada returnable packaging market based on plastic, metal, wood covering the revenue growth of each sub-segment from 2018 to 2030.
Canada is home to diverse manufacturing sectors, including paper, aerospace, automobile, machinery, food, and clothing. Presently, the country has a considerable geriatric population, and to strengthen its manufacturing sector, the government of Canada is offering numerous apprenticeship programs to attract skilled labor from other countries.
Such positive government initiatives and the strong trade relationship with the U.S. are expected to benefit the country's returnable packaging market over the forecast period. E-commerce penetration has been considerably growing in Canada for the past few years due to the increased penetration of the internet and the emergence of various e-commerce-based services.
In 2022, there are more than 27 million e-commerce users in the country, accounting for 75% of the Canadian population. This figure is projected to grow to 77.6% by 2025.
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Our clientele includes a mix of returnable 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 returnable packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada returnable packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada returnable packaging market size, by material, 2018-2030 (US$M)
Canada Returnable Packaging Market Outlook Share, 2023 & 2030 (US$M)
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