Aug, 23 2022

DS Smith, Smurfit Kappa, International Paper Are Dominating the North America Octabin Market in 2020

North America Octabin Market is expected to grow with a CAGR of 4.8 % in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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North America octabin market is a highly consolidated market, which includes a specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenarios.

The major players dealing in North America octabin market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

In June 2021, Smurfit Kappa acquires the corrugated operation of Cartones del Pacifico, a leading paper-based packaging company in Peru. With this development, the company is looking to expand its footprint in Latin America.

In February 2020, Smurfit Kappa Company decided to invest in the business with USD 36.00 million in the Americas. This development will help to increase the production capacity and revenue in the near future.

DS Smith

DS Smith was founded in 1930, Headquartered in London, U.K., as public ownership. The company is the leading manufacturers of transit packaging, consumer packaging, displays and promotional packaging, customized protective packaging, and industrial packaging. The company has business segments such as Northern Europe, Southern Europe, Eastern Europe, and Italy, North America, under which North America is a market-focused segment. The company has various categories such as Packaging Solutions, Paper Products, Recycling Services, among which Packaging Solutions are a market-focused category. The company has a wide global presence Europe, the Americas, Asia-Pacific. The company has subsidiaries which are Papeles Y Cartones De Europa (Spain), Diffusion Prestation Fiabilité S.A.S. (France), SCA Packaging AB (Sweden), DS Smith Plastics (U.K.), Duropack GmbH (Austria), among others.

Smurfit Kappa

Smurfit Kappa was founded in 1934. It is headquartered in Dublin, Ireland, as public ownership. The company is one of the leading providers of paper-based packaging in the world. The company has business segments such as The Americas, Europe under which Europe is a market-focused segment. The company has various categories such as Consumer Packaging, Retail Packaging, Industrial Packaging, e-Commerce Packaging, among which Industrial Packaging is market-focused category. The company has a wide global presence Europe, Americas.

The company has subsidiaries which are Carton de Colombia (Colombia), Smurfit Cartón y Papel de Mexico, S.A. de C.V. (Mexico), Smurfit Kappa Deutschland GmbH (Germany), Smurfit Kappa Bates, LLC (U.S.), among others.

For instance,

In June 2021, Smurfit Kappa acquires the corrugated operation of Cartones del Pacifico, a leading paper-based packaging company in Peru. With this development, the company is looking to expand its footprint in Latin America.

In February 2020, Smurfit Kappa Company decided to invest in the business with USD 36.00 million in the Americas. This development will help to increase the production capacity and revenue in the near future.

International Paper

International Paper was founded in 1898, Headquartered in Memphis, U.S., as public ownership. The company is the leading producer of fiber-based packaging, pulp, and paper packaging products. The company has business segments such as industrial packaging, global cellulose fibers, and printing papers under which industrial packaging is a market-focused segment. the company has wide categories such as cellulose fibers – Europe, Middle East and Africa, Coated Paperboard – Europe, Middle East & Africa, Papers – Europe, Middle East & Africa, Corrugated Packaging Products – Europe, Middle East & Africa, Recycled Containerboard – Europe, Middle East & Africa and the market focused category is Corrugated Packaging Products – Europe, Middle East & Africa. The company has a wide global presence across the globe, such as the Americas, Europe, Middle East, and Africa, Asia-Pacific. The company has subsidiaries which are Temple-Inland (U.S.), Hammermill Paper Company (U.S.), CMCP - International Paper S.A.S. (Morocco), International Paper - Kwidzyn Sp. z o.o. (Poland) among others.

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