Global Plastic Wrap Market is expected to grow with the CAGR of 5.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Global plastic wrap 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 plastic wrap market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, In January 2020, Reynolds Consumer Products has announced that it has launched an initial public offering of shares of its common stock in accordance with a declaration of registration on FormS-1 filed with the United States Commission on Stocks and Trade (' SEC'). In the regional Nasdaq Special Market the firm attempted to list its shares under the "REYN" ticker name. With this expansion the company increase its public sector revenue for the company.
Jinan Zhenhua Plastic Packaging Co., Ltd is the dominating player in global plastic wrap market. The other key players existing in the market includes Polywrap, AVPack Plastic Manufacturers, Suzhou Yuxinhong Plastic Packaging Co., Ltd., Natural Value, Coveris, Shenzhen Chengxing Packing & Material Co.Ltd, Four Star Plastics, AMERICAN MANUFACTURE COMPANY, S. C. Johnson & Son, Inc., The Glad Products Company ( A brand of The Clorox Company), Polyvinyl Films, Inc, ChicWrap, Hoang Chau Plastic, Shenzhen Bull New Material Technology Co., Ltd, Shandong Kangye Plastic Products Co.Ltd, SHENZHEN XINTENG PACKAGING CO., LIMITED, Reynolds Consumer Products, XINJIANG RIVAL TECH CO., LTD. and Berry Global Inc..
Berry Global Inc.
Berry Global Inc., headquartered in Indiana, U.S. which was founded in 1967. The company is engaged in manufacturing of various products and their business segments are consumer packaging North America, engineered materials, health, hygiene & specialties, consumer packaging international market out of which market focused segment is consumer packaging international, consumer packaging North America.
For instance:
- In October 2019, Berry Global Inc. participated in the Private Label Trade Show in 2019. It will offer a forum for the organization to showcase the innovations in private label items.
The company has wide global presence across the globe such as North America, South America, Europe, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Ace Classic Medical Components (Shanghai), Company Limited (China), Berry Plastics Canada, Inc. (Canada), Berry Plastics de Mexico, S. de R.L. de C.V. (Mexico), and Berry Plastics Malaysia SDN BHD (Malaysia) among others.
Reynolds Consumer Products
Reynolds Consumer Products is headquartered in Indiana, U.S. and it was founded in year 2010. The company is engaged in manufacturing of preparation, cooking, clean-up, and storage solutions. The company offers wide range of product categories such as reynolds wrap, reynolds kitchens tm, hefty brand, diamond brand, presto brand, geosystems brands, fresh-lock and slide-rite brands, alcan brand, reynolds wrap under which plastic wrap is market focused category.
For instance
- In January 2020, Reynolds Consumer products reported that it had conducted an initial public offering of shares of its common stock in compliance with a statement of registration on FormS-1 lodged with the United States. Securities and Exchange Commission (SEC). The firm tried to list its shares in the Nasdaq Global Share Market under the ticker symbol "REYN." Through this growth, the organization is growing the sales to the public sector of the state.
The company has presence in U.S. with its various subsidiaries such as Presto Products Company (U.S.), TRANS WESTERN POLYMERS INC (California) among others.
The Glad Products Company (A subsidiary of The Clorox Company)
The Glad Products Company (A subsidiary of The Clorox Company) is headquartered in California, U.S which was founded in 1913. The company is engaged in manufacturing of cleaning, sanitizing and infection prevention products for professional healthcare, cleaning and specialty offerings. The company has business segments which are cleaning, household, lifestyle and international among which household is market focused segment.
The company has wide global presence in North America, South America, Europe, Middle East & Africa and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as A & M Products Manufacturing Company (Delaware), Brita (Switzerland) S. a. r. l. (Switzerland), Brita Canada Corporation (Nova Scotia), Brita LP (Ontario), and Chesapeake Assurance Limited (Hawaii) among others.
