Technavio has announced the top six leading vendors in their recent flexible packaging market in Europe 2016-2020 report. This research report also lists eight other prominent vendors that are expected to impact the market during the forecast period.
Competitive vendor landscape
According to the report, there is intense competition among the market vendors in terms of product differentiation, portfolio, and pricing. In addition, companies are expanding their businesses by setting up new manufacturing plants and launching new products in the emerging countries.
“Flexible packaging manufacturers are looking for the latest technology and innovative methods mainly to reduce cost and enhance performance. For instance, Sealed Air acquired Dry Lube in December 2015. Dry Lube and its subsidiaries provide water-free conveyor lubrication technology for the beverages, dairy, and food industry. This will help Sealed Air to reduce their operational cost and water usage, and hence, improve operational efficiency,” says Sharan Raj, lead packaging analyst from Technavio.
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Amcor was incorporated in 1926 and is headquartered in Hawthorn, Victoria, Australia. The company supplies a wide range of rigid and flexible packaging products.
Amcor Flexibles manufactures flexible and film packaging solutions. The segment operates 136 manufacturing plants in 36 countries. Amcor produces a range of films and laminates to the food, beverage, medical devices, pharmaceutical, household, home care, and personal care industries.
Clondalkin Group Holdings
Clondalkin is headquartered in Amsterdam, the Netherlands. The company undertakes the production and supply of high value-added packaging products and services. The company caters to several markets, including pharmaceutical and healthcare, food and beverage, fast moving consumer goods, agricultural and horticultural, and industrial.
The company provides packaging products and services, through 11 production locations in five countries throughout North America and Europe. Its flexible packaging product offerings include skin packaging, retortable pouches, lids, shrink sleeves, cereal liners, bundle wrap, freezer film, flower sleeves, biodegradable, twist wrapping, home care and personal care films and laminates, and capping foils and lidding films.
Constantia Flexibles was founded in 1912 and is headquartered in Vienna, Austria. The company is a provider of flexible packaging solutions. It serves both multinational and local customers, and caters to industries including pharmaceuticals, food, pet food, and beverages.
The company conducts its business operations through the following divisions: food, labels and pharma. Its product portfolio comprises confectionery film, coffee laminates, dried food laminates, lidding die cut, sweet snack laminates, cold-form foil, sachet foil and laminate, stick pack foil, and blister lidding foil to cater to the food and medicine industries. It provides a range of labeling solutions for food, beverage, and personal care brands.
Mondi was founded in 1967 and is headquartered in Gauteng, South Africa. The company is integrated across the paper and packaging value chain from managing forests and manufacturing pulp, paper, and compound plastics, to developing innovative consumer and industrial packaging solutions. Its major operations are in Russia, central Europe, North America, and South Africa.
Its packaging paper products comprise containerboard and kraft paper, and its uncoated fine paper business produces professional printing and office paper. Its barrier and laminate materials are converted into a range of flexible packaging solutions, such as re-closable plastic bags, stand-up pouches, paper bags, and microwaveable packaging.
Sealed Air was founded in 1960 and is headquartered in Charlotte, North Carolina, US. The company offers products and solutions for food safety and security, facility hygiene, and product protection. Its offerings find applications in food and beverage processing, retail, foodservice, healthcare and industrial, and commercial and consumer industries.
It also focuses on manufacturing packaging solutions for food care. These solutions are provided for poultry, fresh red meat, dairy solids, smoked and processed meats, beverages, fish and seafood, pumpables and fluids, along with pharmaceutical applications. It also focuses on manufacturing vacuum packaging solutions with its barrier and non-barrier bags. These vacuum packaging solutions are provided under the brand name Cryovac.
Wipak was founded in 1969 and is headquartered in Bomlitz, Germany. The company is a part of the Finland-based Wihuri Group. It undertakes the manufacturing and development of multilayer films (specifically barrier films) and high-end packaging solutions in Europe. The company operates 10 factories all over Europe, and its products are categorized into two main categories, food packaging and medical packaging.
The company carries out the development and manufacturing of various packaging solutions for food products and the medical device industry.
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Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.
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Source : businesswire.com