Market Share of High Pressure Protective Packaging Film Industry
Thehigh pressure protective packaging film market is competitive and fragmented in nature. Product launches, high expense on research and development, partnerships and acquisitions, etc. are the prime growth strategies adopted by these companies to sustain the intense competition. Some of the major players in this market areSealed Air Corporation, Pregis LLC,Barton Jones Packaging Ltd, Abco Kovex andSupreme Industries Limited. Some of the recent developments are:
- May 2019 -Sealed Air Corporationsigned a definitive agreement to acquire Automated Packaging Systems, Inc fora purchase price of USD 510 million on a cash and debt-free basis. This transaction is expected to expand the customer base and strengthen the product portfolio for theSealed Air Corporation.
- September 2018 -Pregis LLC, under itsInspyre protective packaging brand, added pink and black color options to itshybrid cushioning (HC) packaging film products. HC features multiple air chambers in a proprietary square pattern that provides superior, high-pressure cushioning.
High Pressure Protective Packaging Film Market Leaders
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Sealed Air Corporation
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Barton Jones Packaging Ltd
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Pregis LLC
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Supreme Industries Limited
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Rajapack Limited (Raja S.A.)
*Disclaimer: Major Players sorted in no particular order
