Market Share of Fresh Food Packaging Industry
The fresh food packaging market is fragmented. Due to the increasing demand for packaging products, many players are entering the market, thereby, making it competitive.Some of the key players includeCoveris Holdings SA, Amcor Limited,E. I. du Pont de Nemours and Company, Smurfit Kappa Group,International Paper Company,Sonoco Products,ITC Limited,Mondi Limited, and Bemis Company Inc., among others.
- May 2019 -Sealed Air Corporation signed a definitive agreement to acquire Automated Packaging SystemsInc., a leading manufacturer of high-reliability, automated bagging systems, for a purchase price of USD 510 million on a cash and debt-free basis.
- April 2019 -Amcorlaunched Amite Ultra Recyclable, its first packaging product made from the company’s revolutionary, more sustainable high-barrier polyolefin film. It canreduce a pack’s carbon footprint by up to 64%.
Fresh Food Packaging Market Leaders
Amcor PLC
DuPont de Nemours Inc.
Smurfit Kappa Group
Mondi PLC
Sonoco Products Co.
*Disclaimer: Major Players sorted in no particular order
