Handle with care: The shift toward sustainable packaging materials has supported industry growth

The Packaging and Labelling Services industry in Canada 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 its services, the industry has benefited from overall growth in the Canadian economy over the five years to 2019, which has encouraged the nation's manufacturers to increase production to satisfy growing consumer demand. Despite recent shocks to extraction and refining operations, the Canadian economy has expanded during the period. This growth has included increased per capita disposable income and increased consumer spending, which have caused the value of retail sales in Canada to grow...read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 14-19
2.0%
Forecast Growth 19-24
Profit
Employment
7,556
Businesses
509
Market Share of Companies

Industry Threats & Opportunities

  • Growth has been limited in recent years by ongoing consolidation activity
  • Upstream input prices affect the purchasing decisions of downstream manufacturers
  • Large-scale manufacturers and retailers will outsource packaging and labelling operations
  • Industry Report - Starting a New Business Chapter

    Barriers to entry for the Packaging and Labelling Services industry in Canada are relatively low. Industry operators generally experience low start-up costs, and industry market share concentration is low, meaning that there are few large-scale, multinational players with the economies of scale, infrastructure and financial resources needed to win new contracts by undercutting the prices of smaller competitors. Instead, the industry is highly fragmented, and the vast majority of operators are small-scale businesses that service local or regional clients. Furthermore, industry players typically experience lax regulatory conditions, though the packaging and labelling of goods must be conducted according to precise specifications due to health and safety standards...purchase to read more.

    Additional Insights for the Packaging & Labelling Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Packaging & Labelling Services Industry are

  • Ability to manage external (outsourcing) contracts
  • Ability to change which market the company operates in
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Consumer spending and Total exports in the Packaging & Labelling Services industry impact industry performance..

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    What's in this report

    What is the Packaging & Labelling Services Industry?

    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.

    Industry Products
  • Packaging and labelling services
  • Printing services
  • Telemarketing services
  • Document preparation and finishing
  • Resale of merchandise
  • Postal and shipping services and mailbox rentals
  • Industry Activities
  • Packaging product
  • Blister packaging services or skin packaging services
  • Cosmetic kit assembling and packaging services
  • Textile and apparel folding and packaging services
  • Labelling services
  • Mounting merchandise on cards
  • Packaging services (except packing and crating for transportation)
  • Product sterilization and packaging services
  • Shrink-wrapping services
  • Gift-wrapping services
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Consumer spending
  • Total exports
  • Demand from manufacturing
  • Consumer Confidence Index
  • Total retail sales

  • Current Performance
  • Improving consumer conditions
  • Shifting purchase costs
  • Sustainability and industry participation
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand and costs
  • Social trends and growth opportunities
  • Table: Packaging & Labelling Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Packaging & Labelling Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Chocolate Production in Canada
  • Brand-Name Pharmaceutical Manufacturing in Canada
  • Generic Pharmaceutical Manufacturing in Canada
  • Auto Parts Manufacturing in Canada

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing in Canada
  • Forklift & Conveyor Manufacturing in Canada
  • Glass Product Manufacturing in Canada
  • Plastic Bottle Manufacturing in Canada

  • Products & Services
  • Packaging and labelling services
  • Other
  • Telemarketing services
  • Resale of merchandise
  • Printing services
  • Document preparation and finishing
  • Postal and shipping services and mailbox rentals
  • Chart: Packaging & Labelling Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Food and beverage manufacturers
  • Other
  • Cosmetics and personal care manufacturers
  • Pharmaceutical and medical products manufacturers
  • Electronics manufacturers
  • Apparel and textile manufacturers
  • Chart: Major Market Segmentation for the Packaging & Labelling Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Packaging & Labelling Services

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Packaging & Labelling Services Industry

  • Industry Globalization
    Richards Packaging Inc.,
  • Table: Richards Packaging Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Packaging & Labelling Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Packaging & Labelling Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Total retail sales (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cartoning
  • The process of enclosing a product in a carton. This is typically done on an assembly line.
  • Molded Plug
  • A shaped cavity often used to seal and transport liquid and powder-based products.
  • Outsource
  • To procure goods or services under contract with an outside supplier.
  • Point-Of-Purchase Display
  • A display near a checkout line or other point of purchase, usually made of cardboard or another similar material, that exhibits items such as candy and soda.
  • Shrink Wrapping
  • The processes of surrounding a good in a plastic film. This can either be done as a final packaging step, or as a way of bundling prepackaged goods.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Packaging & Labelling Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Packaging & Labelling Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Packaging & Labelling Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Packaging & Labelling Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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