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Increased demand for packaging solutions from food, automotive, electronics, and e-commerce industries provided significant growth to the Canada Packaging Market. The majority of consumers in
Canada are shaped by trends such as an increase in the number of working women
and the prevalence of nuclear and double-income households, particularly in
urban areas. Busier lifestyles necessitate on-the-go items that save cooking
time, contributing to the growth of the convenience packaging sector, which has
an impact on the packaging market in Canada. Furthermore, greater disposable
income and increased consumption of packaged goods in emerging nations would
drive demand for Canada’s packaging market.
Plastics were
the most often used packaging material in 2016, and they are expected to
increase at the fastest rate between 2016 and 2020, while paper, board, and
glass are expected to grow at a slower rate. Retail, manufacturing, and
healthcare are just a few of the businesses that use packaging solutions in the
region. These solutions have gained a lot of traction in the Canadian
healthcare sector due to their high barrier properties, long shelf-life, and
durability. The demand for packaging solutions can continue to grow throughout
the research period. Canada is expected to develop at a higher rate because of
the rising adoption of flexible packaging techniques across a variety of
industries, including retail, pharmaceutical, food, and beverage. Furthermore,
the retail sector in the country is booming, leading to a surge in demand for
flexible packaging materials. On the other side, the Canadian packaging
industry is concerned about the region's severe environmental regulations.
Throughout the forecast period, national and state-level bans on plastic goods
are expected to have a substantial impact on the market.
The Canada
Packaging market based on packaging type can be further segmented into Paper,
Plastic, Metal, Wood, Glass, and Others. In 2016, plastic had the highest
proportion of the market. Plastic is becoming more popular in Canada owing to its
increased demand in the FMCG sector, which could lead to widespread use of
plastic bottles and containers in food, beverage, pharmaceutical, and other
industries. Many organisations, on the other hand, are protesting and putting
pressure on the government to prohibit the use of plastic products. This
pressure could stymie the beverage industry's use of plastic bottles and
containers. Regardless of usage, the beverage sector in Canada strives to have
100% of its bottles recycled. The industry created Public Spaces Recycling in
collaboration with the government to capture the last mile of recyclables, such
as items that are typically collected through curbside recycling programs but
are left in recreational facilities, parks, public schools, businesses, and
transit stops institutions, and gas stations. Apart from this, the plastic
segment is studied to have shown the fastest growth during the study period of
2016-2020. This can be attributed to the adoption of durable, versatile, and
approved flexible packaging by the Canadian Food Inspection Agency (CFIA) as
food-safe. According to the Ontario Recycling Council, Canada recycles about 9%
of its plastics, with the remainder ending up in landfills. Consumers in the
country are increasingly opting for recyclable food packaging materials and
choose brands that are environmentally conscious, which is driving the market
for flexible packaging. Polyethylene demand will eventually decline as it is
used by more than half of the sector owing to its cost-effectiveness and low
density. Leading suppliers, on the other hand, are turning to recycle to keep
their products relevant and competitive in the market against replacements.
Furthermore, plastic packaging with golden guidelines and a framework with the
goal of driving innovation and scalable activities is to make it easier to
recycle plastic packaging by 2020.
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Canada
Packaging Market Growth Drivers:
The Increasing Consumer Knowledge Of Sustainable
Packaging Materials Has Influenced Buyer Expectations.
Nowadays,
customers want environmentally friendly products. Packaging is no different, as
it has been following in the footsteps of other industries. Customers who are
concerned about the environment now prefer paper or paperboard packaging compared
to other types of packaging. The market for waste or recovered paper is
expected to grow, and consumers have expressed an increased interest in
purchasing recycled goods. It is also expected that as emerging economies
become more industrialised, demand for paper and paperboard packaging will
increase. Consumers choose paper and paperboard containers as they are
biodegradable and more environmentally friendly than plastic. As paper and
paperboard containers are recyclable, reusable, energy-efficient, and conserve
natural resources, they are environmentally friendly. Businesses in a range of
industries, such as retail, will adopt these products as a result of the
environmental benefits associated with paper and paperboard containers, fueling
demand for these products and the packaging market in Canada.
Despite Regulatory Obstacles, The Emergence Of
Cosmetic Items Has Fueled Market Expansion.
An increasing
trend toward organic products is one of the possible trends that has evolved in
both the developed and developing sectors of Canada, fueling the expansion of
the personal care and cosmetics sector. In addition, the arrival of the fashion
sector in North American countries, particularly Canada and Mexico, has
produced a profusion of appealing potential for the expansion of packaging
materials in the cosmetic and personal care business from 2016 to 2020. In
addition, the growing trend of fashion weeks throughout the world is assisting
in the increase of personal care products, which is fueling the market's
expansion over the study period.
The
Major Players in this Market Include
The major
companies in the Canada Packaging
Market include PakSence, TemTime Corporation, Avery
Dennison, R.R Donnelly Son’s & Company, BASF SE, Stora Enso, International
Paper, Thin Film Electronics ASA, Smartrac N.V., and Huhtamki Group.
In June 2019,
ePac Flexible Packaging announced its 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 anticipated to serve
the Canadian market, with a focus on the Western Canadian provinces.
Over the years, companies
have mainly focused on research and development and have been investing in
developing various flexible and smart packaging devices. These advancements in technology-related
packaging types are driving the market during 2016-2020.