Market Share of Sugar Packaging Industry
The sugar packaging market is moderately fragmented. Players in the market are offering extensive product customization to increase their share and augment their revenue. Players are striving to replace existing materials with biodegradable ones to meet changing government standards. Some of the key developments in the market are:
- In June 2020 - Mondi, a global packaging and paper group, has completed the implementation of a new state of the art paper sack converting machine at its Nyíregyháza site in Hungary. The machine can allow the plant to open a new line of paper sacks for food packaging and can help to produce more than 130 million sacks annually.
Sugar Packaging Market Leaders
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Mondi Group
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United Bags Inc.
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FLexPack
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Grupo Bio Pappel
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Swiss Pack Limited
*Disclaimer: Major Players sorted in no particular order
