The flexible packaging market consists of various stake holders such as packaging manufacturers, traders, distributors, and raw material suppliers of food, beverage, personal care products, pharmaceuticals, and end-users. The companies enjoying substantial market share are Amcor Ltd. (Australia), Sealed Air Corporation (U.S.), Bemis Company Inc. (U.S.), Mondi (South Africa), Huhtamäki Oyj (Finland), and Sonoco Products (U.S.). Key industry players are increasing their business and consolidating their presence by pursuing mergers and acquisitions in potential markets. Top six players in this global packaging industry held a market share of around 58.0% indicating participation of a large number of players in this market. This fragmented industry structure is primarily due to the availability of number of pack types and raw materials used for flexible packaging.
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