Market Share of Middle East and Africa Protective Packaging Industry
The Middle East and Africa protective packaging market is moderately fragmented and consists of various vendors providing these products and solutions. Players in the market focus on product innovations and strategic initiatives such as mergers and acquisitions and partnerships to capture the market share. Some of the recent developments in the market are:
- September 2020 - Storopack introduced FOAMplus 5504RC, the first polyurethane foam with renewable content. It weighs just 0.30 pounds per cubic foot, where the sustainable foam consists partly of sugar-based material obtained from renewable sources and satisfy the most rigorous cushioning demands.
- August 2020 - Sealed Air Corporation announced that it had signed a collaboration agreement with Plastic Energy. Plastic Energy has a technology platform that enables the diversion of waste plastic away from landfills, with the goal of processing 300,000 metric ton of plastic by 2025.
MEA Protective Packaging Market Leaders
Sealed Air Corporation
Huhtamaki Group
Crown Holdings, Inc.
DS Smith PLC
International Paper Company
*Disclaimer: Major Players sorted in no particular order
