Key Competitors - ASEAN Flexible Packaging Industry

Apr, 2023 - by CMI

Key Competitors - ASEAN Flexible Packaging Industry

ASEAN Flexible packaging maintains the product freshness by increasing their shelf-life and are ideal packaging materials during transportation. They are produced from materials such as polyethylene, nylon, polystyrene and polypropylene. Some of the major end user of flexible packaging include pharmaceuticals, food and beverages, homecare and toiletries and sports goods,

As of 2021, the ASEAN Flexible Packaging Market is estimated to account for U.S$ 5138.98 Million.

Prominent Companies in the ASEAN Flexible Packaging Industry:

1) Prepack Thailand Co. Ltd.

Prepack Thailand Co. Ltd is a well-recognized Thailand top flexible packaging manufacturer, the company offers 2 side seal, 3 side seal bags, reinforced, bottom seal, loop handle and wicket bags. The company was founded in the year 1973, and the headquarters are located in Muang Samutsakhon, Thailand.

2) Berry Global, Inc.

Berry Global. Inc. is a global manufacturer and marketer of plastic packaging products. The company changed its name from Berry Plastics to Berry Global Inc. The company provides one of the most extensive lines of container products. The company was founded in the year 1967, and the headquarters are located in Evansville, Indiana, United States.

As of March 31, 2023, Berry Global has announced a New, Global Center of Excellence and Circular Innovation Hub in Barcelona, Spain. 

3) Amcor plc.

Amcor plc. Is a global packaging company that is known for developing and producing flexile packaging, rigid containers, specialty cartons, closures and services for food, beverage, pharmaceutical, medical device etc. The company was founded in the year 1896, and the headquarters are located in Zurich, Switzerland.

In 2022, Amcor announced it has won a Silver award for Amcor LifeSpan Copper Based Film in the 2022 Packaging Innovation Awards competition, sponsored by DOW, a global expert panel evaluated products for technological advancements, user experience and sustainability impact.

4) Sonoco Products Company

Sonoco Is an international provider of various consumer packaging, industrial products, protective packaging, etc. It is the world’s largest producer of composite cans, tubes and cores. The company was founded in the year 1899, and the headquarters are located in Hartsville, South Carolina, United States. The company was founded by Major James Lide Coker.

In December 2021, Sonoco completed the acquisition of Ball MetalPack, a company that supplies metal packaging products. It offers aerosol, food, household consumable, and other products.

5) Mondi Plc.

Mondi Plc. Is a multinational packaging and paper group. It is fully integrated across the packaging and paper value chain-from growing of wood and the manufacturing of pulp and paper to the conversion of packaging papers into corrugated packaging, industrial bags etc. The company was founded in the year 1967, and the headquarters are located in United Kingdom Austria.

In January 2023, Mondi completed the acquisition of the Duino paper mill from the Italian graphic and specialty paper company, Burgo Group for 40 Million Euros.

6) Sealed Air Corporation

Sealed Air Corporation is a packaging company known for its brands like Cryovac food packaging and Bubble Wrap cushioning packaging. Sealed Air Corporation was founded in the year 1960, and the headquarters are located in Charlotte, North Carolina, U.S. The company was founded by Alfred W. Fielding and Marc Chavannes, who invented the bubble wrap.

7) Constantia Flexibles

Constantia Flexibles is a manufacturer of flexible packaging. The company supplies its products to numerous multinational corporations and local market leaders in the food, pet food, pharmaceuticals and beverage industries. The company was founded in the year 2004, and the headquarters are located in Vienna, Austria.

In April 2021, Constantia Flexibles announced the acquisition of Propak, a packaging company located in Ducze, Turkey.

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