Global Airless Packaging Market is expected to grow with the CAGR of 5.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Global airless packaging market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global airless packaging market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance,
- In October 2020, Sonoco Products Company announced an increase in price of all grade of uncoated recycled paperboard (URB). This will increase the efficiency of the products in the transportation with less damage to the products. With this announcement, the sales and revenue of Sonoco Products Company will increase.
BALL CORPORATION is the dominating player in global airless packaging market. The other key players existing in the market are O.Berk Company, LLC, Sonoco Products Company, ALBEA, Silgan Holdings Inc., AptarGroup, Inc, HCT Group, East Hill Industries, LLC, Cospack America Corp, Viva Group, LUMSON SpA, Rieke, HCP Packaging, FUSIONPKG, RPC Group Plc, TricorBraun, WWP, RAEPAK LTD, Ningbo Gidea Packaging Co.,Ltd and Amcor plc among others.
BALL CORPORATION
BALL CORPORATION was founded in 1880 and is headquartered in Colorado, U.S. The company engaged in providing metal packaging for beverages, foods and household and aerospace at worldwide. The company offers various business segments such as beverage packaging north and Central America, beverage packaging Europe, beverage packaging South America, aerospace and other and beverage packaging North and Central America, beverage packaging Europe, beverage packaging South America are the market focused segments. The products are packaging, aerospace among which the packaging is the market focused segment.
For Instance,
- In October 2020, Ball Corporation announced partnership with KROENKE SPORTS & ENTERTAINMENT. With this partnership Ball Corporation ensures sustainability in the field of sports and entertainment with an introduction of aluminium beverage packaging with an improved recycling program. This will increase the sales and revenue value of Ball Corporation.
The company has wide global presence in North America, Europe, Asia-Pacific, South America, Middle East and Africa and earning revenue from various subsidiaries such as Ball Aerospace & Technologies (U.S.), Rexam (U.K.), Heekin Can.(U.S.), Ball Packaging Corp (U.S.), Ball Beverage Can Americas Inc. (U.S.) among others.
Sonoco Products Company
Sonoco Products Company was founded in 1899 and is headquartered in South Carolina, U.S, which is engaged in the production of packaging products. The company offers various products such as consumer packaging, paper and industrial converted products, protective packaging solutions, display and packaging among which display and packaging is the market focussed segment.
For instance,
- In November 2020, Sonoco launched Lightweight Recyclable Packaging for Heavyweight Products with high-value products for its EnviroSense line, a more a sustainable packaging solution. This product will ensure good and safe packaging of product with an increase in sales and revenue of Sonoco.
The company has wide global presence across the globe such as Europe, North America, South America, Asia-Pacific, and Middle East & Africa and offer subsidiaries such as Inversiones Sonoco Limitada (Chile), Sonoco Venezolana (Venezuela), Sonoco de Mexico(Mexico), Manufacturas Sonoco SA de CV (Mexico), Sonoco Poland Holdings (Poland) and among others.
Viva Group
Viva Group was founded in 1973 and is headquartered in Hong Kong; China. The Company is leading manufacturer of media products and injection-molded products. The company offers various products Media Packaging and IML Tubes and the market focused product is IML Tubes.
For Instance,
- In February 2020, Silgan Holdings Inc announced acquisition of Cobra plastics that deals with injection molded plastic closure. The acquisition will help Silgan Holdings Inc serves a wide variety of consumer products. This will increase the sales and revenue of Silgan Holdings Inc.
The company has wide global presence in North America, Europe and Asia-Pacific.
