Market Share of APAC Flexible Packaging Industry
The demand for flexible packaging is growing faster than in many other forms. It includes trends like e-commerce, digital printing, and sustainability that can be used to drive market development and growth. Customers are increasingly becoming more eager to pay extra for certain product attributes boosted by flexible packaging. Key Players in this Market are - Amcor PLC, Berry Global Inc., Mondi Group, Sonoco Products Company, etc.
In October 2022, Mondi and Reckitt introduced paper-based packaging for Finish dishwasher tabs. Once fully implemented, the new packaging would reduce plastic usage by 75% and eliminate more than 2,000 tonnes of plastic annually. Additionally, this action supports Reckitt's goal of halving the quantity of virgin plastic in its packaging by 2030.
In February 2022, By developing a brand-new reuse packaging concept, Henkel and Mondi, a worldwide pioneer in packaging and paper, are assisting consumers in dishwashing more responsibly. The two businesses collaborated on a packaging option to refill plastic bottles using flexible pouches for Henkel's hand dishwashing solutions. This helps Henkel achieve its sustainability goals of reducing virgin plastic made from fossil fuels by 50% by 2025 and making all its packaging recyclable or reusable.
APAC Flexible Packaging Market Leaders
Amcor Ltd
Berry Plastics Corporation
Mondi Group
Sonoco Products Company
Rengo co. ltd
*Disclaimer: Major Players sorted in no particular order
