Market Share of Tube & Stick Packaging Industry
Thetube and stick packaging market is highly fragmented due to the presence of a multiple players across regions. Sustainable competitive advantage can be gained through innovation in the material used to make products as in design, technology, and application.Some key market players in the market are Amcor, Berry, Sonoco, Printpack, among others.Some key recent developments in the market include:
- June 2019 - Amcor acquired Bemis. The acquisition of Bemis by Amcor brings additionalcapabilities that will strengthen Amcor’s industry-leading value proposition and generate significant value for shareholders. Also, thisacquisition will bringother additional range, capabilities that will enhance Amcor’s industry-leading in terms of a value proposition.
- March 2018 -Packaging companies, Amcor and SIG, partnered for aluminum sourcing. The collaboration aimedat ensuring the supply chain of aluminum material meets the statutes of the Aluminum Stewardship Initiative (ASI).
Tube & Stick Packaging Market Leaders
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Berry Global Inc.
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Amcor PLC
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Constantia Flexibles Group GmbH
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Albae S.A.
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Essel Propack Limited
*Disclaimer: Major Players sorted in no particular order
