Coated & Laminated Paper Manufacturing in Canada
This industry has performed well over the five years to 2018, boosted by rising domestic demand and a depreciating Canadian dollar that prompted strong export growth. While the industry has benefited from having a wide range of downstream markets, and stable demand for packaging products from food and beverage manufacturers is a key source of industry performance, increasing digital media consumption has reduced demand for paper from most publishing industries, inhibiting industry growth. In addition, import penetration has been steadily rising, with an influx of lower-cost goods raising price competition in the industry keeping industry profit margins low. A forecast slight appreciation in the Canadian dollar over the next five years will slow industry export growth, although the dollar will still remain below its previous heights, facilitating continued demand for exports of other Canadian products requiring industry goods for packaging.
This industry purchases raw materials, such as paper and paperboard, and processes them with plastic, clay, latex and metal to create products that include coated or laminated paper and packaging, paper and multiwall bags and laminated aluminum foil for flexible packaging. This industry does not include companies that manufacture paper from pulp, photosensitive paper, textile bags or plastic laminated bags.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.