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- 236 Market data Tables
- 34 Figures
- 190 Pages and in-depth TOC on “Flexible Paper Packaging Market – Global Forecast to 2026″
This report also provides a comprehensive analysis of the companies listed below:
Amcor Limited (Australia), Mondi Group (UK), Sonoco Products Company (US), Sealed Air Corporation (US), Huhtamaki OYJ (Finland), Sappi Global (South Africa), DS Smith (UK), Coveris Holding SA (UK), Sabert (US), Wihuri (Finland), amongst others
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the flexible paper packaging market.
COVID-19 impact on global flexible paper packaging market
As COVID-19 began closing non-essential businesses and shutting down borders in late March 2020, several companies in the packaging market created industry surveys to offer some indicating metrics about the impact of Covid-19 on packaging manufacturers, material suppliers, and machinery manufacturers. Industries deemed essential were working with capacity levels approaching 95%. Food, beverage, and healthcare industries are some of the sectors seeing increasing demand, as they are among the essential businesses.
Acquisitions and joint ventures accounted for the largest share of all the strategic developments that took place in the flexible paper packaging market between 2016 and 2020. Key players such as Amcor Limited, Mondi Group, Sonoco Products Company, Sealed Air Corporation, Huhtamaki OYJ, adopted this strategy to enhance their business, market presence, to develop new products and meet consumer demand.
Amcor Limited was formerly known as Australian Paper Manufacturers (APM) and changed its name to Amcor Limited in May 1986. The company is a global packaging manufacturer that offers innovative packaging solutions for healthcare and medical devices. It offers plastic, packaging film, metal, and glass packaging for several industries such as beverage, food, medical, household, industrial goods, pharmaceuticals, and tobacco. Amcor classifies its operations into two segments: flexibles and rigid plastics. The company offers flexible paper packaging under the flexibles segment. Amcor’s flexibles business has a global presence and is one of the world’s largest developers and suppliers of flexible packaging and specialty folding cartons. The business develops and produces flexible packaging for food, beverage, pharmaceutical, medical, home, and personal care, and other products. The company has operations in 43 countries in Europe and North America, and in emerging countries such as India and China with more than 225 operating sites.
Mondi Group is a leading global integrated packaging and paper group. It is a leading producer of paper and plastic solutions. It operates through the following segments: corrugated packaging, flexible packaging, engineered materials, and uncoated fine paper. The company provides flexible paper packaging under the flexible packaging business. Mondi won five awards at the WorldStar Packaging Awards 2020. The company serves various end-use industries such as FMCG and consumer products, e-commerce, retail, automotive, heavy-duty, food service, construction, and agriculture. The company operates through 100 production sites across more than 30 countries worldwide with key operations located in Europe, North America, and Africa.
