Market Share of Asia-Pacific Flexible Plastic Packaging Industry
The Asia-Pacific flexible plastic packaging market is fragmented, with domestic and global players such as Uflex Limited, Sealed Air Corporation, Berry Global Inc., Constantia Flexibles GmbH, Amcor PLC, Mondi PLC, and Sonoco Products Company. Players operating in the region are focused on expanding their business through mergers, collaborations, acquisitions, product innovations, and other strategies.
- September 2023: Sealed Air Corporation (SEE), previously known as Sealed Air, a provider of cutting-edge packaging solutions, unveiled a strategic collaboration with Sparck Technologies. Sparck Technologies, renowned globally for its 3D automated packaging solutions, has appointed SEE as its sole distributor for the CVP (3D) Automated Packaging Solutions across Australia, New Zealand, Japan, and South Korea. This partnership empowers SEE's clientele with top-tier automated packaging technology, enabling them to streamline operations and bolster workplace safety.
- August 2023: Amcor, a prominent global player in responsible packaging solutions, announced its acquisition of Phoenix Flexibles. This strategic move is set to bolster Amcor's presence in the rapidly expanding Indian market. Phoenix Flexibles specializes in flexible packaging, and its sole manufacturing facility is in Gujarat, India. The company boasts around USD 20 million in annual revenue, primarily derived from food, home care, and personal care sales.
Asia-Pacific Flexible Plastic Packaging Market Leaders
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Amcor Plc
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Berry Global, Inc.
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Constantia Flexibles GmbH
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Sonoco Products Company
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Uflex Limited
*Disclaimer: Major Players sorted in no particular order
