Canada Flexible Packaging Market Size & Outlook, 2024-2030
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Canada flexible packaging market highlights
- The Canada flexible packaging market generated a revenue of USD 8,968.1 million in 2023 and is expected to reach USD 12,485.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 4.8% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating raw material in 2023.
- Bioplastics is the most lucrative raw material segment registering the fastest growth during the forecast period.
Flexible packaging market data book summary
| Market revenue in 2023 | USD 8,968.1 million |
| Market revenue in 2030 | USD 12,485.8 million |
| Growth rate | 4.8% (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, Huhtamäki Oyj, Sonoco Products Co, Constantia Flexibles, Berry Global Group Inc, Transcontinental Inc Shs -A- Voting Subord., Coveris, DS Smith PLC, Allegion PLC, CCL Industries Inc Registered Shs -B- Non Vtg, Cosmo Films, Graphic Packaging Holding Co, Bemis Manufacturing, ProAmpac, Flexpak, Flex-Pack Engineering, Novolex, Sigma Plastics Group, Bischof + Klein, SÜDPACK, American Packaging Corporation |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global flexible 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. 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 8,053.4 million by 2030.
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Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| American Packaging Corporation | View profile | 1001-5000 | Columbus, Wisconsin, United States, North America | https://americanpackaging.com |
| Bischof + Klein | View profile | 1001-5000 | Lengerich, Niedersachsen, Germany, Europe | https://www.bk-international.com/ |
| Sigma Plastics Group | View profile | 1001-5000 | Lyndhurst, New Jersey, United States, North America | http://www.sigmaplasticsgroup.com/ |
| Flex-Pack Engineering | View profile | 11-50 | Uniontown, Ohio, United States, North America | https://www.flexpackeng.com |
| Flexpak | View profile | - | Woods Cross, Utah, United States, North America | https://flexpak.net |
| ProAmpac | View profile | 5001-10000 | Grimsby, North East Lincolnshire, United Kingdom, Europe | https://www.proampac.com/en-us/ |
| Bemis Manufacturing | View profile | 1001-5000 | Sheboygan Falls, Wisconsin, United States, North America | http://www.bemismfg.com |
| Novolex | View profile | 10001+ | Hartsville, South Carolina, United States, North America | http://www.novolex.com/ |
| Graphic Packaging Holding Co | View profile | 23500 | 1500 Riveredge Parkway, Suite 100, Atlanta, GA, United States, 30328 | https://www.graphicpkg.com |
| Allegion PLC | View profile | 12400 | Harcourt Road, Iveagh Court, Block D, Dublin 2, Ireland, D02 VH94 | https://www.allegion.com |
| SÜDPACK | View profile | 1001-5000 | Erlenmoos, Baden-Wurttemberg, Germany, Europe | https://www.suedpack.com/de |
| Coveris | View profile | 5001-10000 | Chicago, Illinois, United States, North America | http://www.coveris.com/ |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | https://tctranscontinental.com |
| DS Smith PLC | View profile | 29672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | https://www.dssmith.com |
| Cosmo Films | View profile | 10001+ | New Delhi, Delhi, India, Asia | http://www.cosmofilms.com/ |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | http://www.cflex.com |
| Mondi PLC | View profile | 21773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | https://www.mondigroup.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | https://www.cclind.com |
| Berry Global Group Inc | View profile | 44000 | 101 Oakley Street, Evansville, IN, United States, 47710 | https://www.berryglobal.com |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Huhtamäki Oyj | View profile | 17868 | Revontulenkuja 1, Espoo, Finland, 02100 | https://www.huhtamaki.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
Canada 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 flexible packaging market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 69.41% in 2024. Horizon Databook has segmented the Canada flexible packaging market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030.
Canada possesses a multicultural population, which is continuously increasing owing to favorable working opportunities. The growing population is expected to drive the demand for food and beverages, directly influencing the growth of the food & beverage processing industry. According to Canada.ca, the official website of the Government of Canada, the food & beverages processing industry is the second largest in the country.
Canada exports processed food products and beverages to approximately 192 countries worldwide. This flourishing food & beverages processing industry is expected to drive the demand for flexible packaging owing to their superior barrier resistance against oxygen, moisture, and light.
Flexible packaging products such as bags, pouches, sachets, wrapping films, and stick packs are used for packing powdered drinks, savory snacks, baby food, dry fruits & nuts, fruits, meat, seafood, and fruits and vegetables. Flexible packaging with 3, 5, and 7 layers, as well as multilayered structures, helps preserve the nutritional value of food products and provides them with the required cushioning against impact.
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Target buyers of Canada flexible packaging market databook
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Our clientele includes a mix of flexible packaging market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada flexible packaging market , including forecasts for subscribers. This country databook contains high-level insights into Canada flexible packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada flexible packaging market size, by product, 2018-2030 (US$M)
Canada Flexible Packaging Market Outlook Share, 2024 & 2030 (US$M)
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