Market Share of China Flexible Packaging Industry
China's flexible packaging market is highly competitive in nature, owing to the presence of many small and large players in the market. The market appears fragmented, with the major players adopting strategies like new product development, mergers and acquisitions, and partnerships. Some major players in the market are Sealed Air (China) Co. Ltd, Mondi (China) Film Technology Co. Ltd., and Tetra Pak International SA, among others. Some of the recent developments are listed below.
- February 2022 - Mondi Group, a global player in packaging, collaborated with Henkel to launch a fully recyclable mono-material refill pouch for Pril. The innovative pouch is light-weight, convenient to use, certified as leak-proof, and highly durable even for home deliveries.
- January 2022 - Tetra Pak announced to partner with Elvir, a Savencia Fromage & Dairy subsidiary, to produce a cap using certified recycled polymers in Food and Beverage industry. To find an economically sound solution for the use of plastic waste and raw materials, both companies continue to minimize their dependency on virgin and fossil-based resources.
China Flexible Packaging Market Leaders
Sealed Air (China) Co. Ltd
Mondi (China) Film Technology Co. Ltd.
Tetra Pak International SA
Berry Global Group Inc.
Amcor Flexibles Asia Pacific (Amcor Limited)
*Disclaimer: Major Players sorted in no particular order
