Acquisitions is the key strategy adopted by the leading players in the packaging market. It accounted for a major share of all the growth strategies. Besides acquisitions, companies have also adopted strategies such as expansions and new product launches to enhance their global presence in the packaging market. The rising demand for packaging is attributed to the increasing health concerns, growing concern with regards to hygienic packaging, and increase in urban population which has led to increase in demand for FMCGs, pharmaceutical supplies and other consumer durable.
Read More: https://www.marketsandmarkets.com/Market-Reports/top-packaging-trends-157401497.html
E. I. du Pont de Nemours and Company (U.S.), Amcor Limited (Australia), and Bemis Company Inc. (U.S.) carried out the maximum number of strategic developments.
Amcor Limited has strengthened its position in the packaging market through organic as well as inorganic growth strategies such as new product launches and mergers & acquisitions. In 2014, Amcor Limited acquired Zhongshan Tian CAI Packaging Company (China). This acquisition has helped Amcor Limited (Australia) to complement its flexible packaging business in China. In the same year, Amcor Limited acquired Bella Prima Packaging (Indonesia), which helped Amcor expand its flexible packaging market in the Indonesian market.
Request for sample report https://www.marketsandmarkets.com/requestsampleNew.asp?id=157401497
E.I. du Pont de Nemours and Company (DuPont) is another active player in the packaging market which focuses on developing new products and technologies, expansion of facilities, and collaborating with small- and medium-sized players. In August 2014, DuPont developed a peel-able, surface printable, multi-layer, high-barrier lidding film, which is used to seal mono-APET trays, as it helps seal fat and meat juices. This product helps improve cost efficiency, performance, and sustainability of packaging applications. The company uses its resources efficiently as it believes in continuous innovations to remain a leader and pioneer in every sector by tapping into new markets and attracting new customers. The company’s growth strategy is focused on two main aspects, namely, profitable growth and sustained value creation. DuPont utilizes its R&D capabilities to develop products adhering to international rules and regulations and offer diversified products to its customers.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Media Contact
Company Name: MarketsandMarkets
Contact Person: Mr. Shelly Singh
Email: Send Email
Phone: 1-888-600-6441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/top-packaging-trends-157401497.html