Canada Flexible Packaging Market 2022 Business Scenario – St. Johns Packaging, Sonoco Products Company, ProAmpac LLC, Covertech Flexible Packaging Inc., Emmerson Packaging

The Canada Flexible Packaging Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Canadian Flexible Packaging Market is expected to register a CAGR of 4.6%, during the forecast period (2021 - 2026).

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Top Leading Companies of Canada Flexible Packaging Market are St. Johns Packaging, Sonoco Products Company, ProAmpac LLC, Covertech Flexible Packaging Inc., Emmerson Packaging, Cascades Flexible Packaging, Winpak Ltd, Constantia Flexibles, Tetra Pak International SA, Sealed Air Corporation, Berry Global Inc., Novolex Holdings Inc., Sigma Plastics Group, Flair Flexible Packaging Corporation, Printpack Inc., Sit Group SpA, American Packaging Corporation, Amcor PLC, Transcontinental Inc., Mondi PLC and others.

Industry News and Updates

October 2019 - ProAmpac showed sustainable, flexible packaging solutions at SupplySide West 2019. It demonstrated four products, such as ProActive Recyclable, ProActive PCR, ProActive Renewable, and ProActive Compostable.

- June 2019 - ePac Flexible Packaging announced the expansion into the Canadian market, with its first manufacturing plant in Vancouver. ePac Vancouver is a partnership between ePac Holdings and Smartpak Holdings Ltd, and it is expected to serve the Canadian market, with a focus on the Western Canadian provinces.

Key Market Trends

Plastic is Expected to Hold a Significant Share

- Plastic flexible packaging is durable, versatile, and approved by the Canadian Food Inspection Agency (CFIA) as food-safe. It finds its application in various FMCG industries, including food, beverages, industrial packaging, pharmaceuticals, and consumer goods. Its versatility enables its application even in industries, like cosmetics, multimedia, and packaging of sports goods and toys, and therefore, boosts the growth in the market.

- According to the Canadian Packaging Association, the country may witness a significant demand for cheese packaging that is set to account for a market value of over USD 5 billion by the end of 2029, thus, driving the growth of the plastic flexible packaging market in the country.

- According to the Recycling Council of Ontario, Canada recycles about 9% of its plastics, with rest dumped in landfills or tossed away as litter. Consumers in the country are increasingly moving toward recyclable food packaging materials and prefer brands that are responsible for their packaging that pushes the market for flexible packaging.

Regional Outlook of Canada Flexible Packaging Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Canada Flexible Packaging Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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