Market Share of Americas Plastic Bags and Sacks Industry
The Americas Plastic Bags and Sacks Market is highly competitive, owing to few players in the market. As a result, the market appears to be consolidated in nature. In addition, many companies in the market are adopting strategies like product innovation, partnership, mergers, and acquisitions. Some of the key developments are:
- January 2021 - ProAmpac LLC has announced the recyclable packaging for Ocean Spray's Craveology Tuscan Herb snack mix. The package uses ProActive Recyclable R-1000 film. The product is heat resistant and offers superior seal quality. In addition, the company offers two options for the design of the packaging, which are the matte finish or the gloss finish.
- September 2020 - DICK'S Sporting Goods, which is one of the largest US-based, omnichannel sporting goods retailers, announced two significant actions to eliminate single-use plastic bags: a commitment to remove all single-use point-of-sale plastic bags from its stores by 2025 and a partnership with Closed Loop Partners' Center for the Circular Economy.
Americas Plastic Bags and Sacks Market Leaders
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ProAmpac LLC
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The Buckeye Bag Company
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Mondi PLC
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Novolex Holdings
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International Plastics Inc.
*Disclaimer: Major Players sorted in no particular order