Asia Pacific Paper Packaging Market Share

Market Share of Asia Pacific Paper Packaging Industry

The Asia-Pacific paper packaging market is fragmented, owing to key players such as SCG Packaging PCL, Huhtamaki Group, Amcor, Oji Holdings Corporation, and International Paper Company. Through continuous research and development activities, players in the market have introduced innovations in their offerings that allow them to offer sustainability to their consumers.

• February 2024 - Shirako Corporation has selected Oji Holdings Corporation's paper packaging for its 'Sumapura' brand of seasoned seaweed, bolstering the Japanese seaweed producer's sustainability initiatives. By shifting to paper-based packaging, Shirako has reduced plastic usage by 92% and doubled its shelf life. This shows the market vendors' commitment to R&D, focusing on high-barrier and mechanically robust paper packaging solutions to maintain competitiveness.
• October 2023 - Charoen Pokphand Foods Public Company signed an MoU with SCG Packaging PCL and SCG Chemicals (SCGC) to launch the Green Packaging Initiative in Thailand. The companies would work together to find an environmental and sustainability solution for food packaging in this context. In particular, a partnership between CP Foods and SCG Packaging PCL would facilitate innovation in paper packaging.

Asia Pacific Paper Packaging Market Leaders

1. SCG Packaging PCL

2. Huhtamaki Group

3. International Paper Company

4. Oji Holdings Corporation

5. Amcor

*Disclaimer: Major Players sorted in no particular order