Key Competitors - Confectionery Packaging Industry

Jun, 2023 - by CMI

Key Competitors - Confectionery Packaging Industry

 

The packaging of biscuits, chocolates, and confectionery owns high market share in the global Packaging Market. Packaging generally consists of containers composed of corrugated boxes, and metal or plastic. The rapidly expanding confectionery market across the globe is expected to facilitate growth of the confectionery packaging market over the forecast period.

Market Players in the Confectionery Packaging Industry:

1) 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.

2) Smurfit Kappa Group PLC.

Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company specialises in manufacturing paper-based packaging, with a network of paper, recycling and forestry operations. It is an integrated producer, with packaging plants sourcing the major part of their raw material requirements from the company's own paper mills. The company was founded in the year 1934, and the headquarters are located in Dublin, Ireland.

In May 2022, Smurfit Kappa announced the acquisition of Atlas Packaging, a corrugated converting operation in the UK.

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) Bemis Company, Inc.

Bemis Company was a global manufacturer of flexible packaging products that ranged from self-venting cook-in-bag packaging and retort packaging for shelf-stable products, to vacuum packaging for meat products and puncture-resistant, sterile medical packaging. The company was founded in the year 1858, and the headquarters are located in Neenah, Wisconsin, U.S. The company was founded by Judson Moss Bemis.

5) Huhtamaki Oyj

Huhtamaki is a Finnish consumer packaging company that produces food packaging, disposable containers, along with egg cartons and fruit packaging for the purpose of quick service restaurants, coffee shops, retail stores etc. The company operates globally. In 2021, Huhtamaki was the 22nd largest company in Finland in terms of turnover. The company was founded in the year 1920, and the headquarters are located in Espoo, Uusimaa, Finland.

In 2021, Huhtamaki completed the acquisition of Elif, a flexible packaging manufacturer situated in Turkey. In 2022, the company acquired the joint venture it has established in 2018 with the Polish Smith Anderson Group.

6) DS Smith Plc.

DS Smith Plc. Is a British multinational packaging business. It is a leading provider of sustainable fibre-based packaging in Europe and the United States, with recycling and papermaking operation. The company manufactures packaging that is 100% recyclable. The company was founded in the year 1940, and the headquarters are located in London, England, UK.

As of May 2021, DS Smith has opened new state-of-the-art laboratory to support customer’s circularity ambitions.

Sonoco Products Company

7) 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.

8) West Rock

West Rock Company is an American corrugated packaging company that is the second largest American packaging company and one of the world’s largest paper and packaging companies. The company was founded in the year 2015, and the headquarters are located in Sandy Springs, Georgia, United States.

As of December 2022, West Rock completed the acquisition of Grupo Gondi, a commercial company that provides cardboard and paper packaging solutions for customers.

 

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