Plastic Bottle Manufacturing in Canada - Industry Market Research Report

Plastic Bottle Manufacturing in Canada - Industry Market Research Report

Plastic Bottle Manufacturing in Canada

Plastic bottle manufacturers in Canada convert polyethylene terephthalate (PET), high-density polyethylene (HDPE) and other plastic resin pellets into bottles for use by a variety of downstream markets. Industry performance is heavily influenced by consumer demand for these goods. In addition, input costs are generally passed along to buyers through product pricing. This means changes in the price of volatile hydrocarbon commodities can influence industry performance as well. Rising input costs, falling per capita soft drink consumption and increasing environmental concerns have influenced industry revenue throughout 2023. As a result, industry revenue has been growing at a CAGR of 0.1% over the past five years and is expected to total $827.6 million in 2023, when revenue will jump by an estimated 1.7%.

This industry manufactures a range of bottles from different plastic compounds based on their end use. These bottles are then sold to beverage, food and chemical manufacturers for packaging soft drinks, milk, condiments and household and automotive chemicals. This industry does not manufacture reusable plastic bottles.

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.