Market Share of Thin Wall Packaging Industry
The competitive rivalry in the thin wall packaging market is high owing to the presence of some key players like Takween Advanced Industries, Berry Global Group, and many more. Their ability to innovate the products continually and the foresight of predicting the needs and wants of the market has allowed them to gain a competitive advantage over other players. Hefty investments in research and development coupled with mergers and acquisitions have allowed the companies to gain a strong foothold in the market.
- August 2018 -Berry Global Group, Inc. announced the acquisition ofLaddawn, Inc.,a manufacturer of blown polyethylene bags and films with a unique-to-industry e-Commerce sales platform. In a move that would help Berry Global Group in assistingsmall order fulfillmentfor the faster growing small and medium-sized customer base and providequicker customer response time.
Thin Wall Packaging Market Leaders
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Berry Global Inc.
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Sem Plastik Sanayi Ve Ticaret A S
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Greiner Packaging International GmbH
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Takween Advanced Industries
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DOUBLE H PLASTICS, INC.
*Disclaimer: Major Players sorted in no particular order