Market Share of North America Active and Intelligent Packaging Industry
The North America Active and Intelligent Packaging market are moderately consolidated, with a few major companies like BASF SE, Amcor Ltd, Honeywell International Inc., Landec Corporation, Bemis Company Inc., Crown Holdings Inc., Ball Corporation operating in the region. The companies are continuously investing in making strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are:
- August 2020 - Sonoco, a multinational packaging company based in the United States, completed the USD 49 million acquisition of Can Packaging, a French manufacturer of sustainable paper packaging and related manufacturing equipment. This strategic acquisition provides the company with several breakthroughs, including patented technology for creating a recyclable, high-performance all-paper package that can be made in various shapes and sizes, including round, square, rectangular, oval, elliptical, and triangular.
- August 2021 - Amcor, one of the global pioneers in developing and producing a diverse range of reliable packaging solutions, announced the debut of a proprietary healthcare lidding technology that will be used for combination products containing two or more regulated components (device, drug, or biologic). Amcor's recent invention is based on patented inert film development and laminate design. It offers a lidding solution that can endure heat sterilization, which conserves and sterilizes products while preventing drug uptake into the package.
North American Active & Intelligent Packaging Market Leaders
BASF SE
Amcor Ltd
Honeywell International Inc.
Landec Corporation
Crown Holdings Inc.
*Disclaimer: Major Players sorted in no particular order
