Market Share of North America Flexible Packaging Industry
The North American flexible packaging market is fragmented with the presence of major players such as Amcor PLC, Winpak Limited, Berry Global Inc., Sealed Air Corporation, Constantia Flexible, Tetra Pak International SA, and more. The players in the market are concentrating on expanding their reach with strategic initiatives such as mergers and acquisitions, partnerships, capacity expansion, and product innovation.
In December 2022, Highcon announced a USD 8 million investment by Sealed Air Corporation in the context of a strategic collaboration between the two companies. The scope of the strategic partnership includes developing new product offerings, extending into new segments, and enabling manufacturing efficiencies by leveraging Highcon technology, among other things. The strategic collaboration also includes buying a Highcon Beam 2C system for delivery and installation in the first quarter of 2023.
In March 2022, Winpak Ltd., a manufacturer and distributor of high-quality packaging materials for perishable foods, beverages, and healthcare, announced that PureCycle Technologies, Inc. would provide Winpak with Ultra-Pure Recycled (UPR) Polypropylene (PP) from its newest facility to be constructed in Augusta, Georgia. This agreement further extends the company's recyclable packaging solutions and expands brand and consumer access to PureCycled plastic.
North America Flexible Packaging Market Leaders
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Sealed Air Corp.
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Constantia Flexibles
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Amcor PLC
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Winpak Limited
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
