Market Share of North America Secondary Packaging Industry
The North American secondary packaging market is fragmented, with the presence of major players like Amcor PLC, International Paper Company, Reynolds Packaging, Westrock Company, and Smurfit Kappa Group. The market incumbents are adopting powerful competitive strategies characterized by acquisitions, partnerships activities, a strong emphasis on R&D, and innovative activities.
- March 2023: Amcor and Nfinite Nanotechnology Inc. launched a collaborative research initiative to test the application of Nfinite's nanocoating technology to improve recyclable and biodegradable packaging.
- June 2022: Mondi sold Nitto Denko Corporation its Personal Care Components business (PCC) for an enterprise value of EUR 615 million (USD 681.17 million). The sale allowed Mondi to streamline its holdings and concentrate on its strategic goal of expanding in sustainable packaging.
North America Secondary Packaging Market Leaders
Amcor PLC
International Paper Company
Reynolds Packaging
Westrock Company
Smurfit Kappa Group
*Disclaimer: Major Players sorted in no particular order
