Canada Flexible Packaging Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.
"The Canadian Flexible Packaging Market is a strong and continually increasing industry that caters to the diversified packaging needs of many sectors across this huge North American country. Canada, known for its healthy economy, technical achievements, and commitment to sustainability, provides a profitable market for flexible packaging makers. Flexible packaging, which includes plastic films, aluminium foils, and paper, is frequently used to package food and beverages, personal care products, medications, and a variety of other consumer goods. The market includes a wide range of flexible packaging types, such as pouches, bags, wraps, and labels that are designed to fulfil the specialised needs of various industries. Flexible packaging is becoming increasingly popular among Canadian consumers and businesses due to its lightweight nature, ease of handling, and capacity to protect and preserve items. As producers develop new materials, designs, and production techniques to improve the usefulness, sustainability, and visual appeal of flexible packaging solutions, the market is characterised by a relentless drive for innovation. Furthermore, sustainability is a major industry trend, with an increasing need for eco-friendly and recyclable packaging choices to reduce environmental effect.
According to the report title, ""Canada Flexible Packaging Market Overview, 2027,"" published by Bonafide research, the market is expected to grow steadily over the forecast period. The Canadian Flexible Packaging market is made up of numerous significant players who help shape the industry and provide high-quality packaging solutions. Amcor plc, Berry Global Inc., CCL Industries Inc., Winpak Ltd., Sealed Air Corporation, Transcontinental Inc., Covertech Flexible Packaging, InterFlex Group, TC Transcontinental Packaging, and Glenroy Inc. are some of the significant firms competing in this sector. These significant players provide a varied range of flexible packaging products and solutions to numerous industries, including food and drinks, pharmaceuticals, personal care, and others. These firms contribute to the competitiveness and growth of the Flexible Packaging market in Canada by their large product portfolios, strong market presence, and commitment to quality and innovation.
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Plastic packaging was introduced in the 1800's and till date has been shaped into easy-dipping packets in recent times. It has become integral part of packaging solutions that helps us do more with less ranging from electronics, beauty product or food packets, plastic packaging has wide use and application. The first manmade plastic packaging was made by Alexander Parkes in London, who used a material derived from cellulose that was bio-based. It could be heated and formed into a variety of shapes as required. Today, the plastic used for flexible packaging is in great demand because of its unique properties and the protective shield that it provides. It is most widely used for food and beverage packaging as it extends the shelf life of the products while ensuring food safety from microorganisms and external conditions. These are reusable, cost-effective, and environmentally friendly materials.
Plastic packaging is the most common material medium used for the packaging of food and beverages ever since their invention. It has been transformed over time into food grade packing material approved by regulatory bodies.The food packaging trends have changed in terms of application and technology and have become a visual part of the company's brand popularity. The rise in nuclear families and disposable income has given rise to smaller packing sizes of food and related products. From shelf bottles, lids, and containers to packing for frozen food, airtight films and wraps, plastics are used in a wide array of packaging solutions. Additionally, the rise of on-thego and heat-and-eat food products has created demand for plastic flexible packaging solutions in recent times. Food delivery apps and rising e-commerce have further driven the market growth and are expected to grow rapidly over the forecast period as well.The pouch type of flexible packaging is the most widely used form, as they are made from barrier
film, foil, and spout with a cap that supports flowable liquid products. They come in a variety of shapes and sizes, including stand-up pouches, gusseted pouches, pillow pouches, three-side-sealpouches, and liquid pouches. They are designed with flexibility in mind to ease consumer use. They can resist ambient temperatures, and products remain fresh for a long time. These are light-weight, compact and result in minimal waste because they can be reused and recycled. They are cheaper than other materials, resalable and ecofriendly as they have lower carbon footprints that result in less space in landfills.
The lockdowns severely impacted the end-use industries, including the flexible packaging market, but not to a greater extent. Amid the pandemic, online shopping gained momentum, which created demand for flexible packaging. The raw materials were not secured in time due to trnasport and immobility factors affecting movements. When material, labor, and capital became scarce, manufacturers rethought their strategies. To recover post pandemic, they increased production capacities, with innovative approaches and affordable prices, to meet consumer demands. An increase in use of sterilising solutions as a result of the coronavirus epidemic is also driving the demand for the overall industry.
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Manmayi Raval
Research Consultant
Considered in this report
Geography: Canada
Base year: 2021
Estimated year: 2022
Forecast year: 2027
Aspects covered in this report
FranceFlexible Packaging market with its value and forecast along with its segments
Various drivers and challenges
On-going trends and developments
Top profiled companies
Strategic recommendation
Types of Material in the report:
Plastic
Paper
Aluminum Foil
Others
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By End-Use in the report:
Food
Beverages
Pharmaceuticals
Personal care
Others
Types of Packaging in the report:
Bags
Wraps
Pouches
Others
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age
group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
List of Table
Table 1: Canada Geographic Details (2021)
Table 1: Canada Flexible Packaging Market Size by Plastic Flexible Packaging (2016 to 2027F) in USD Million
Table 2: Canada Flexible Packaging Market Size by Paper Flexible Packaging (2016 to 2027F) in USD Million
Table 3: Canada Flexible Packaging Market Size by Aluminum Foil Flexible Packaging (2016 to 2027F) in USD Million
Table 4: Canada Flexible Packaging Market Size by Others Flexible Packaging (2016 to 2027F) in USD Million
Table 5: Canada Flexible Packaging Market Size by Food (2016 to 2027F) in USD Million
Table 6: Canada Flexible Packaging Market Size by Beverages (2016 to 2027F) in USD Million
Table 7: Canada Flexible Packaging Market Size by Pharmaceutical (2016 to 2027F) in USD Million
Table 8: Canada Flexible Packaging Market Size by Personal care (2016 to 2027F) in USD Million
Table 9: Canada Flexible Packaging Market Size by Others (2016 to 2027F) in USD Million
Table 10: Key Facts of Company 1
Table 11: Key Facts of Company 2
Table 12: Key Facts of Company 3
Table 13: Key Facts of Company 4
Table 14: Key Facts of Company 5
Table 15: Key Facts of Company 6
Table 16: Key Facts of Company 7
Table 17: Key Facts of Company 8
List of Figures
Figure 1: Canada Flexible Packaging Market Size – By Value 2016 to 2027F (In USD Billion)
Figure 2: Canada Flexible Packaging Market Share By Material Type (2016, 2021 & 2027F)
Figure 3: Canada Flexible Packaging Market Share By Application (2016, 2021 & 2027F)
Figure 4: Market Attractiveness Index, By Material Type
Figure 5: Market Attractiveness Index, By Application
Figure-6: Porter's Five Forces Meter of Flexible Packaging Industry in Canada
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