Key Market Indicators
Canada's plastic packaging import is estimated to reach nearly $3 billion by 2026, a 1.8% annual growth rate from its current $2.6 billion. Since 1994, Canadian demand for plastic packaging has increased by an average of 4% each year. In 2021, the United Kingdom led the ranking with $2.6 billion, followed by Germany, France, and Mexico in second, third, and fourth place respectively. Canada's plastic packaging export is projected to reach $2.1 billion by 2026, a 1.1% annual growth rate from its current $1.9 billion. Since 1994, Canadian supply of plastic packaging has risen 2.1% each year. In 2021, Italy overtook Canada with $1.9 billion, followed by the United States, Germany, and France in second, third, and fourth place respectively.
