Market Share of Asia-Pacific Protective Packaging Industry
The Asia Pacific protective packaging market is moderately fragmented and consists of various vendors providing these products and solutions. Players in the market focus on product innovations and strategic initiatives such as mergers and acquisitions and partnerships to capture the market share. Some of the recent developments in the market are:
- August 2020 - Ester Filmtech planned to invest USD 180 million to build an advanced packaging film manufacturing facility in the Indian state of Telangana.
- May 2020 - Armor Protective Packaging expanded its sales and reaches to customers in markets such as China, India, and other countries that supply protective packaging for automotive markets.
APAC Protective Packaging Market Leaders
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Intertape Polymer Group Inc.
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Sealed Air Corporation
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Sonoco Products Company
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Signode Protective Packaging Solutions
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DS Smith PLC
*Disclaimer: Major Players sorted in no particular order
