Lightweight Packaging Companies, Corporate Milestones, Corporate Growth and Development Strategy, Mergers and Acquisitions (M&A), Intellectual Property (IP) Portfolio Management, Market Trends Analysis, Leadership Alignment with Trends
Date : 31 December 2024
Lightweight Packaging Companies and Competitive Landscape
The lightweight packaging market is accelerating, with forecasts predicting hundreds of millions in revenue growth between 2023 and 2034, powering sustainable infrastructure globally.
Recent Developments by Key Market Players
In December 2024, Partnering with Aalto University and Finnish industry partners, the VTT Technical Research Centre of Finland created a novel continuous-shaping method for cardboard that allows it to be formed into forms resembling reel-to-reel origami for fiber-based packaging materials. The origami folds can give cardboard completely new characteristics. The structures are a great and aesthetically pleasing substitute for protective packaging components because of their resilience and lightweight weight.
In December 2023, Lion Corporation (Thailand) and SCG Chemicals collaborated to launch a unique lightweight packaging option. The new package preserves all the advantageous qualities while reducing weight by up to 12%. According to the Low Waste and Low Carbon orientation, this project promotes the circular economy's tenets by minimizing greenhouse gas emissions and material consumption. Currently, Lion offers these products in eco-friendly packaging for every purchase.
Lightweight Packaging Market Players
Amcor Plc
Berry Global Inc.
Sealed Air Corporation
Mondi Group
Smurfit Kappa Group
DS Smith Plc
Ball Corporation
Crown Holdings, Inc.
Tetra Pak International S.A.
Huhtamaki Oyj
Sonoco Products Company
UFlex Ltd.
ALPLA Group
Ardagh Group
Gerresheimer AG
Keypoints
Company Overview
Locations Subsidiaries/Geographic reach
Key Executives
Company Financials
Patents registered
SWOT Analysis
Applications Catered
Strategic collaborations
Recent Developments
Competitive Benchmarking
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