Canada Flexible Packaging Market Size & Outlook, 2025-2030
Canada Flexible Packaging Market, 2018-2030 (US$M)
Global Market
Related Markets
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.
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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Flexible Packaging Market Scope
Flexible Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sonoco Products Co | View profile | 23,000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | www.sonoco.com |
| Huhtamäki Oyj | View profile | 17,868 | Revontulenkuja 1, Espoo, Finland, 02100 | www.huhtamaki.com |
| Amcor PLC | View profile | 41,000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | www.amcor.com |
| Berry Global Group Inc | View profile | 44,000 | 101 Oakley Street, Evansville, IN, United States, 47710 | www.berryglobal.com |
| CCL Industries Inc Registered Shs -B- Non Vtg | View profile | 16,100 | 111 Gordon Baker Road, Suite 801, Toronto, ON, Canada, M2H 3R1 | www.cclind.com |
| Mondi PLC | View profile | 21,773 | The Heights, Brooklands, Ground Floor, Building 5, Weybridge, Surrey, United Kingdom, KT13 0NY | www.mondigroup.com |
| Constantia Flexibles | View profile | 5001-10000 | Vienna, Wien, Austria, Europe | www.cflex.com |
| Cosmo Films | View profile | 10001+ | New Delhi, Delhi, India, Asia | www.cosmofilms.com/ |
| DS Smith PLC | View profile | 29,672 | 1 Paddington Square, Level 3, London, United Kingdom, W2 1DL | www.dssmith.com |
| Transcontinental Inc Shs -A- Voting Subord. | View profile | 8,131 | 1 Place Ville Marie, Suite 3240, Affaires Juridiques,, A/s Caroline Hamel, Montreal, QC, Canada, H3B 0G1 | tctranscontinental.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 Outlook will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 69.41% in 2023.
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.
- Canada Flexible Packaging Market Raw Material Outlook (Revenue, USD Million , 2018-2030)
- Plastics
- Paper & Paperboard
- Metal
- Bioplastics
- Canada Flexible Packaging Market Product Outlook (Revenue, USD Million , 2018-2030)
- Pouches
- Rollstock
- Bags
- Films & Wraps
- Others
- Canada Flexible Packaging Market Application Outlook (Revenue, USD Million , 2018-2030)
- Food & beverages
- Pharmaceutical
- Personal Care & Cosmetics
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Flexible Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Flexible Packaging Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Canada Flexible Packaging Market, 2018-2030 (US$M)
Canada flexible packaging market statistics, by raw material, 2018-2030 (US$M)
