Paper Planes: Falling Industry Participation Will Likely Cut into the Potential Revenue the Industry Could Generate
The Coated and Laminated Paper Manufacturing industry in Canada comprises establishments that manufacture coated and laminated paper and paperboard products, paper bags and related goods from purchased paper. While demand for products from some traditional industries such as those in the publishing sector has diminished due to increased digital media consumption, stable demand from consumer staples in the food and beverage sector supports industry demand. Industry revenue has been decreasing at an annualized rate of 3.5% over the past five years, and is expected to reach $2.8 billion in 2023. In that year, revenue will likely fall 0.7% in 2023 as the price of wood pulp plummets. Despite the macroeconomic difficulties brought on by the COVID-19 pandemic, the industry's products are used in shipping and packaging for food and beverages, which aided growth in 2020.
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.
Table of Contents
Methodology
LOADING...
