The U.S. flexible packaging market has been dominated by large players of the packaging industry, such as Bemis Company, Inc. (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Berry Plastics Group, Inc. (U.S.), Coveris Holdings S.A. (U.S.), Ampac Holdings, LLC (U.S.), Tredegar Corporation (U.S.), Printpack, Inc. (U.S.), American Packaging Corporation (U.S.), and Glenroy, Inc. (U.S.). These players have adopted various strategies to expand their global presence and increase their market share. Some of the major strategies adopted include new product launches, expansions & investments, contracts & agreements, and mergers & acquisitions.
美国软包装市场的增长是由并购在过去五年中在很大程度上影响。A large number of developments, such as new product launches, expansions, and agreements, were also made by the top market players in 2015. Bemis Company, Inc. (U.S.), Sonoco Products Company (U.S.), Sealed Air Corporation (U.S.), Berry Plastics Group, Inc. (U.S.), and Coveris Holdings S.A. (U.S.) were some of the key players who adopted the strategy of mergers & acquisitions to expand their geographical reach and product portfolios. The U.S. flexible packaging market also witnessed several new product launches between 2011 and 2016.
Sonoco Products Company (U.S.), a global provider of innovative and sustainable packaging solutions, launched a new easy-open quad-seal flexible bag with cross-seal technology in March 2016. This new product meets the consumer requirements for easier-to-open packaging. Sonoco also acquired 67% controlling interests in Graffo Paranaense de Embalagens S/A (Brazil) in April 2015. This acquisition enabled the company to expand its Brazilian business. Sonoco’s major focus is on innovation and new technologies that provide an edge to the company. Products offered by the company in the flexible packaging market include easy open/re-close, pouches, and stick packs. In addition to this, the company provides consumer packaging, paper & industrial converted products, display & packaging, and protective solutions. The company manufactures some of the lightest packaging products, which contributes to making packaging more sustainable.