Market Share of Protective Packaging Industry
The competitive landscape of the protective packaging market is moderately fragmented and consists of various vendors providing these products and solutions. Vendors in the market are focusing on merger and acquisition activities to capture the market share.
- May 2019 - Sealed Air Corporation announced the signing of a definitive agreement to acquire Automated Packaging Systems Inc. (APS), a manufacturer of automated bagging systems, for an overall price of USD 510 million. APS is anticipated to bring highly complementary and additive capabilities to Sealed Air Corp., including expertise in engineering, automation technology, and sustainability, which may strengthen the company's protective packaging solutions.
- June 2019 - Warburg Pincus, a global private equity firm, agreed to acquire Pregis LLC, a protective packaging materials and automated systems manufacturer, from Olympus Partners, headquartered in Stamford, Connecticut.
Protective Packaging Market Leaders
Intertape Polymer Group Inc.
Sealed Air Corporation
Sonoco Products Company
Smurfit Kappa Group plc
DS Smith plc
*Disclaimer: Major Players sorted in no particular order
