Packaging & Labelling Services in Canada
The Packaging and Labelling Services industry in Canada primarily packages and labels materials for manufacturers and retailers on a contract or outsource basis. As a service industry that relies on commercial activity to generate demand for industry services, the industry has benefited from overall growth in the Canadian economy over the five years to 2018, which has encouraged the nation's manufacturers to increase production to satisfy growing consumer demand. Despite recent shocks to the nation's extraction and refining operations, the broader Canadian economy has expanded during the five-year period, with GDP increasing. Moving forward, the industry is projected to continue growing, as improving consumer conditions will continue to fuel the manufacturing and distribution of commercial goods. However, the industry will likely expand at a relatively slow pace, as total consumer spending in Canada is expected to increase.
Establishments in this industry primarily package client-owned materials on a contract or outsource basis. The industry also provides labelling and imprinting package services. This industry excludes warehouse services, packing and crating incidental to transportation and retail of packaging or labelling products.
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.