Europe Active and Intelligent Packaging Market Share

Market Share of Europe Active and Intelligent Packaging Industry

The Europe 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, Timestrip UK Ltd are some players. 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:

• May 2021 - A new thermoforming packaging solution has been developed by Sealed Air. When compared to commonly used laminates, Sealed Air claims that the new CRYOVAC brand LID830R is a thin, high abuse resistance, anti-fog top lid film that can reduce packing weight by up to 50%.
• August 2021 - One of the prominent Korean chemical manufacturers, LOTTE Chemical, used BASF's Irgastab, a non-discoloring processing stabilizer, to generate the polypropylene (PP) required for medical purposes. With the global rollout of COVID-19 immunizations, the need for PP-based syringes has increased exponentially.

Europe Active & Intelligent Packaging Market Leaders

1. BASF SE

2. Amcor Ltd

3. Honeywell International Inc

4. Landec Corporation

5. Crown Holdings Inc.

*Disclaimer: Major Players sorted in no particular order