Market Trends of Canada Plastic Packaging Industry
This section covers the major market trends shaping the Canada Plastic Packaging Market according to our research experts:
Plastic Bottles is Observing a Significant Increase
- The demand for FMCG products in Canada is rising, likely resulting in a widespread acceptance of plastic bottles and containers in the country's food, beverage, pharmaceutical, and other industries. Many organizations are objecting, though, and increasing political pressure on the government to outlaw plastic products. This pressure may hamper the market for plastic bottles and containers in the beverage sector.
- The use of plastic is probably going to decline as people become more aware of environmental issues progressively. Eco-friendly packaging options are becoming more popular among customers in the US and Canada. Governments in these nations have set stringent laws and restrictions in the sector due to the usage of plastic and plastic goods' potentially detrimental effects on the environment. As a result, the industry is expanding more slowly than other materials.
- Regardless of usage, the Canadian beverage sector strives to have all of its bottles recycled. Public Spaces Recycling was established by the business community in collaboration with the government to collect recyclables that consumers abandon in public spaces such as parks, recreation centers, public schools, businesses, transit stops, institutions, and gas stations. These materials are typically collected through curbside recycling programs.
- After newspapers and metal, plastic water bottles are the third most recycled product in Canada, according to the Canadian Bottled Water Association. Playground equipment, vehicle parts, fleece apparel, footwear, carpeting, sleeping bags, luggage, and other plastic packaging are all produced using recycled plastic bottles.
- For Instance, in November 2021, The Canadian Beverage Association (CBA) launched its Canadian video campaign in honor of National Recycling Day to promote awareness of the value of plastic beverage bottles and improve the already high recycling rates. Each 15-second video encourages Canadians to recycle plastic beverage containers to keep them in a closed loop of the circular economy.
Understand The Key Trends Shaping This Market
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Healthcare is One of the Factor Driving the Market
- Dropper bottles are frequently used by those who have eye syndrome. The need for dropper bottles in Canada has increased as the number of people with eye syndrome rises. The prevalence of dry eye syndrome has increased due to people's changing lifestyles, particularly their increased use of electronic devices like computers and TVs.
- The rising number of people in the area who are experiencing sinusitis is expected to raise the demand for nasal spray bottles. Sinusitis is one of the most prevalent health issues in the nation, affecting 35 million individuals annually in the US and Canada, according to Medical Devices Business Services Inc. It affects people's quality of life more profoundly than chronic back pain or congestive heart failure and is more common than heart disease and asthma.
- The new laws limiting cough syrup sales are expected to impact the plastic bottle business in the pharmaceutical industry. Since many years ago, sedative cough syrups like Robitussin A.C., Dimetapp-C, and acetaminophen with codeine have been sold on the market.
- For instance, under new Health Canada standards, cough syrups containing codeine would need a certain kind of prescription and would also need to be kept in pharmacy vaults. But in light of the recent opioid crisis the nation has experienced, pharmacists have urged the federal government to control access to over-the-counter codeine.
- As caps made of plastic are evident and resistant to dropping, impact, and biocompatibility, they are designed to endure the wide range of static and dynamic forces they will experience throughout transit, handling, and storage operations. However Consequently, there will undoubtedly be an increase in demand for plastic caps in the pharmaceutical business in the future.
