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
