Canada Flexible Packaging market is
expected to grow impressively through 2028, due to the increasing demand from
the food and beverages industry in the country. In North America, revenue in
the beverages segment is projected to reach USD 94.44bn in 2024.
The packaging industry has witnessed a
significant shift towards flexible packaging. This innovative and adaptable
packaging solution has gained immense popularity due to its numerous advantages
over traditional rigid packaging. Flexible packaging offers versatility,
convenience, and sustainability, making it a preferred choice for
manufacturers, retailers, and consumers alike.
Flexible packaging refers to a type of
packaging made from flexible materials, such as plastic films, paper, aluminum
foil, or a combination of these materials. Unlike rigid packaging, which
includes materials like glass, metal, or rigid plastics, flexible packaging can
be easily shaped, folded, or manipulated to accommodate various product shapes
and sizes. It provides a lightweight, durable, and cost-effective solution for
packaging a wide range of products, including food and beverages,
pharmaceuticals, personal care items, and more. Flexible packaging offers
excellent protection against moisture, oxygen, light, and other external
factors, that can degrade the quality and shelf life of products. By creating a
barrier, it safeguards the contents, ensuring they remain fresh and intact. The
superior barrier properties of flexible packaging contribute to the extension
of the shelf life of perishable goods. By minimizing exposure to air and
moisture, it helps preserve the quality, taste, and nutritional value of food
products.
Flexible packaging is lightweight and
requires less material compared to rigid packaging. This reduction in material
usage translates into lower transportation costs, as less space is required for
shipping and storage. Additionally, the lower weight of flexible packaging
leads to reduced fuel consumption during transportation.
Canada's packaging industry is
experiencing a significant shift towards flexible packaging solutions. With its
numerous advantages and increasing consumer demand for convenience and
sustainability, flexible packaging has emerged as a dominant force in the
Canadian market.
The flexible packaging market in Canada
has witnessed remarkable growth in recent years, driven by various factors. The
market encompasses a wide range of packaging formats, including pouches, bags,
wraps, sachets, and films, which are manufactured using materials such as
plastic films, aluminum foil, and paper. Flexible packaging offers versatility,
lightweight design, product protection, and sustainable attributes, making it a
preferred choice for industries like food and beverages, pharmaceuticals,
personal care, and more.
Canadian consumers are increasingly
gravitating towards convenience and sustainability in their purchasing
decisions. Flexible packaging meets these evolving demands by providing
easy-to-use, resealable, and portable packaging solutions. Moreover, the
ability of flexible packaging to reduce food waste and offer sustainable
options, aligns with the environmental concerns of consumers.
Increasing Demand in Food
& Beverages Sector is Driving Market Growth
The food and beverage industry plays a
vital role in the growth of the flexible packaging market in Canada. Flexible
packaging provides excellent barrier properties that help preserve the
freshness, flavor, and nutritional value of food products. With the increasing
demand for extended shelf life and enhanced food safety, flexible packaging
offers a reliable solution.
The convenience of flexible packaging
formats, such as stand-up pouches, resealable bags, and single-serve portions,
resonates well with the changing consumer preferences in the food and beverage
sector. The industry's focus on product differentiation, branding, and product
visibility further fuels the adoption of flexible packaging. Canadians are
seeking convenience, ease of use, and on-the-go packaging solutions. Flexible
packaging, with its lightweight and portable design, meets these demands
perfectly. The resealability of packages, the ability to control portions, and
the ability to provide single-service options are in line with the changing
consumer habits.
Technological
Advancement In the Sector is Driving Market Growth
Advancements in technology have significantly contributed
to the growth of the flexible packaging market in Canada. Printing techniques
have evolved, enabling high-resolution graphics, vibrant colors, and engaging
designs on flexible packaging materials. This has enhanced the shelf appeal of
products and provided brands with opportunities to differentiate themselves in
the market. Furthermore, improvements in material science have led to the
development of advanced barrier films that offer superior product protection
and extended shelf life. Innovations in machinery and production processes have
also increased the efficiency and productivity of flexible packaging
manufacturing, thereby reducing costs and enhancing the overall supply chain.
The rapid growth of e-commerce and online retail in
Canada has created new opportunities for the flexible packaging market. The
rise in online shopping has necessitated packaging solutions that are suitable
for shipping, protection, and branding. Flexible packaging, with its
lightweight, durable, and customizable nature, is well-suited for e-commerce
packaging requirements. Packaging formats like pouches, bags, and mailer bags
provide the necessary protection during transit while offering cost
efficiencies in terms of shipping and storage. As e-commerce sector continues
to expand, the demand for tailored flexible packaging solutions will witness
substantial growth.
Sustainability has become a significant driving force
in the packaging industry globally, and Canada is no exception. The government
and regulatory bodies in Canada are emphasizing sustainability initiatives and
setting targets for reducing plastic waste and promoting recycling. Flexible
packaging, with its lighter weight, reduced material consumption, and
recyclable options, aligns well with these objectives. Industry players are
investing in research and development to enhance the recyclability and
environmental performance of flexible packaging materials. Collaboration among
stakeholders in the value chain, including packaging manufacturers, brand
owners, and recycling facilities, is fostering the growth of a circular economy
and sustainable packaging solutions.
Major Challenges Faced by Canada Flexible Packaging Market
One of the significant challenges faced
by flexible packaging market in Canada is the growing environmental concern surrounding
packaging waste. There is a pressing need for more sustainable packaging
solutions to minimize the impact on the environment. The Canadian government,
along with regulatory bodies, has implemented stricter regulations and
initiatives to address this issue.
Recyclability of flexible packaging
materials remains a complex challenge. While many flexible packaging materials
are recyclable, the collection and recycling infrastructure for these materials
is still developing. The multi-layer structures, such as those used for better barrier properties,
can make separation and recycling difficult. To overcome this challenge,
collaboration between manufacturers, government bodies, and recycling
facilities is essential. Investments in recycling infrastructure and
technologies that enable efficient separation and recycling of flexible
packaging materials, should be encouraged. Additionally, educating consumers
about the recyclability of flexible packaging and promoting responsible disposal
practices.
The flexible packaging market in Canada
faces cost and pricing pressures. Fluctuating raw material prices, energy
costs, can
impact the profitability of flexible packaging manufacturers. Additionally,
increased competition and customer demand for cost-effective solutions put
pressure on pricing strategies. In a highly competitive market, flexible
packaging manufacturers face challenges related to branding and product
differentiation. With numerous players offering similar packaging solutions,
standing out and capturing consumer attention becomes crucial.
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Recent Trends and Developments
- Both consumers and
regulatory bodies are demanding greener and more environmentally friendly packaging
solutions. As a result, manufacturers have made significant strides in
developing sustainable materials, improving recyclability, and adopting
eco-friendly practices. Notable developments include the increased use of
recyclable and compostable materials in flexible packaging, such as bio-based
plastics and paper-based laminates. Manufacturers have also invested in
recycling infrastructure and collaborated with recycling facilities to promote
the circular economy. Furthermore, initiatives like the Canadian Plastics Pact
have been established to drive collective action towards achieving a more
sustainable packaging industry.
- In response to changing
consumer lifestyles and preferences, flexible packaging in Canada has witnessed
advancements in convenience and functionality. Manufacturers have focused on
incorporating features that improve user experience and product convenience. Resealable
closures, easy-open features, portion control options, and on-the-go packaging
formats, have gained popularity. These innovations cater to consumer demand for
convenience, product freshness, and portability. Flexible packaging offers
flexibility and versatility, allowing brands to deliver an enhanced consumer
experience.
Market Segmentation
Canada
Flexible Packaging Market is segmented based on Packaging Type, Printing Technology, and Region. Based on Packaging Type, Canada Flexible
Packaging market is categorized into Pouches, Bags, Roll Stock, and Films
& Wraps. Based on Printing Technology, Canada Flexible Packaging market is
segmented into Flexography, Rotogravure, and Digital Printing. Based on region,
Canada Flexible Packaging market is divided into Quebec, Ontario, Alberta, British
Columbia, Saskatchewan & Manitoba, and Rest of Canada.
Market Players
CCL Industries, Transcontinental Inc.,
Winpak Ltd., Inteplast Group, Flexible Packaging Group, Polykar, Sev-Rend
Corporation, Hood Packaging Corporation, Plascon Packaging Group, Excel Pac are some of the key players of the Canada Flexible
Packaging Market.
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Attribute
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Details
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Base Year
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2022
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Historic Data
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2018 – 2021
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Estimated Year
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2023
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Forecast Period
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2024 – 2028
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Quantitative Units
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Revenue in
USD Million and CAGR for 2018-2022 and 2023-2028
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Report coverage
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Revenue forecast,
company share, competitive landscape, growth factors, and trends
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Segments covered
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Packaging Type
Printing Technology
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Regional scope
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Quebec,
Ontario, Alberta, British Columbia, Saskatchewan, and Manitoba
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Key companies profiled
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CCL Industries, Transcontinental Inc., Winpak Ltd., Inteplast Group,
Flexible Packaging Group, Polykar, Sev-Rend Corporation, Hood Packaging
Corporation, Plascon Packaging Group, Excelpac
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Customization scope
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10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized
purchase options to meet your exact research needs. Explore purchase options
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Delivery Format
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PDF
and Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
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Report Scope:
In this report, Canada Flexible Packaging market has been segmented
into the following categories, in addition to the industry trends, which have also
been detailed below:
- Flexible Packaging Market, By Type:
- Pouches
- Bags
- Roll Stock
- Films & Wraps
- Flexible Packaging Market, By Printing Technology:
- Flexography
- Rotogravure
- Digital Printing
- Flexible Packaging Market, By Region:
- Quebec
- Ontario
- Alberta
- British Columbia
- Saskatchewan & Manitoba
- Rest of Canada
Competitive landscape
Company Profiles: Detailed analysis of the major companies present in Canada
Flexible Packaging market.
Available Customizations:
With the
given market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Canada Flexible Packaging Market is an upcoming report to be released
soon. If you wish an early delivery of this report or want to confirm the date
of release, please contact us at [email protected]