Market Share of Folding Carton Packaging Industry
The Folding Carton Packaging Market is moderately competitive and has several major players, such as Westrock Company, Smurfit Kappa Group, Graphic Packaging LLC, Stora Enso Oyj, and more. In terms of market share, few major players currently dominate the market. However, many companies increase their market presence with innovative and sustainable packaging by securing new contracts and tapping new markets.
In May 2022, Smurfit Kappa United Kingdom Limited, an integrated manufacturer of paper-based packaging products, announced the acquisition of Atlas Packaging. Based in Barnstaple, North Devon, Atlas Packaging is an independent corrugated packaging company that provides rand and has a strong market presence in the United Kingdom.
In April 2022, WestRock Company partnered with Recipe Unlimited to implement a suite of recyclable paperboard packaging intended to divert 31 million plastic containers from landfills across Canada each year. The packaging began appearing at Swiss Chalet restaurants in October 2021 and is now available across all locations.
Folding Cartons Packaging Market Leaders
Westrock Company
Graphic Packaging International LLc
Mayr Meinhof Packaging International Gmbh
Smurfit Kappa Group
Seaboard Folding Box Company Inc.
*Disclaimer: Major Players sorted in no particular order
