Market Share of Europe Printed Packaging Industry
The market is witnessing mergers and acquisitions by vendors, thereby, offering lucrative opportunities to the companies that enable them to boost the technological advancements and market growth.Some of the prominent players in the market are investing in new technologies and solutions for the labeling industry, which is expected to drive the investment in the market further. Some of the key Developments are:
- Feb 2020 - Sonoco acquired TEQ Thermoform Engineered Quality, a global manufacturer of thermoformed packaging, serving healthcare, medical device and consumer markets, and will rename and brand all its manufacturing locations strictly as TEQ. This includes facilities across Europe, currently branded as Plastique. The legal name will become SONOCO TEQ, with the appropriate company type dependent on the region of the facility.
- Oct 2019 - Smurfit Kappa continues its investment in sustainable technology in Mexico, by launching a new digital printer. An advanced new printer (the Barberan Jetmaster 1890) is expected to be installed in the Atlacomulco Corrugated Plant in Mexico in response to the growing need for high-volume digital printing. The new single pass high performance printer has the capacity to print up to 12 million m2 annually, significantly reducing the lead time to get products to market.
Europe Printed Packaging Market Leaders
Mondi Group
AHLSTROM-MUNKSJÖ OYJ
Autajon Group
Avery Dennison Corporation
Huhtamaki Group
*Disclaimer: Major Players sorted in no particular order
