Market Share of Packaging Film Industry
The packaging film market is fragmented with many players, such as AEP Industries Inc., Novolex, Bemis Company Inc., RKW SE, Dupont Teijin Films, Jindal Poly Films Ltd, Innovia Films, ProAmpac, and many others. Most of these players are undergoing several strategic developments to gain a competitive edge, including mergers, acquisitions, new product launches, and market expansion.
In May 2022, Jindal Poly Films Limited (JFPL) signed a contract with Brookfield Asset Management to sell a small portion of its packaging film business. The company decided to spend INR 2,000 crores (USD 260 million) in the business with institutional partners (collectively referred to as "Brookfield").
In March 2022, SAES Coated Films and RKW Group partnered to develop premium performance films for sustainable food packaging that aimed to offer high protection throughout the product lifecycle.
Packaging Film Market Leaders
-
AEP Industries Inc.
-
Novolex
-
Amcor PLC (Bemis Company Inc.)
-
RKW SE
-
Dupont Teijin Films
*Disclaimer: Major Players sorted in no particular order
