Market Share of Canada Flexible Packaging Industry
The Canada flexible packaging Market is moderately competitive owing to the presence of multiple players. The players in the market are adopting strategies like product innovation, mergers, and acquisitions to expand their product portfolio, expand their geographic reach, and primarily stay competitive in the market.
- April 2022: Cascades Inc., a packaging manufacturer, has announced the addition of a 100% recycled polyethylene terephthalate (PET) tray that can be widely recycled in Canada to their eco-friendly packaging line. According to the company, the composition of the tray and optimal recycling design give it an alternative to conventional difficult-to-recycle food packaging. The design also makes the tray compatible with packaging machinery already used by food processors and retailers.
- February 2022: Belle-Pak Packaging, a Canadian manufacturer of flexible packaging, has been bought by US-based ProAmpac, a firm specializing in material science and flexible packaging. Based in Ontario, Belle-Pak provides various packaging products, such as poly mailers for online and logistics services, specialized medical and clinical bags, and packing list envelopes.
Canada Flexible Packaging Market Leaders
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Amcor PLC
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Mondi PLC
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Berry Global Inc.
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American Packaging Corporation
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Sealed Air Corporation
*Disclaimer: Major Players sorted in no particular order
