North America Consumer Electronics Packaging Market is expected to grow with the CAGR of 5.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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North America consumer electronics packaging 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 North America consumer electronics packaging market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In 2019 May, Sealed Air Company has decided to acquire AFP Inc. Company which is engaged in the production of the packaging products for electronic goods. This development helped the company to increase revenue.
Pregis LLC is the dominating player in consumer electronics packaging market. The other key players existing in the market are Universal Protective Packaging, Inc., Dordan Manufacturing Company., UFP Technologies, Inc., Stora Enso, Smurfit Kappa, Mondi, DS Smith, Sealed Air, Sonoco Products Company, WestRock Company, PAPIER METTLER KG, GY Packaging., New-Tech Packaging and Maco PKG.
Pregis LLC.
Pregis LLC headquartered in Illinois, the U.S. as private ownership. The company is engaged in the manufacturing of innovative packaging and protective products for several industries. The company have wide industry category in Agriculture, Appliance, Automotive & Transportation, Building & Construction, Consumer Packaged Goods, eCommerce & Fulfilment, Furniture & Millwork, Mail Order Pharmaceutical, Meal Kit & Grocery Delivery, Publishing & Distribution, Small Parts Packaging and Third Party Logistics out of which our focused product category is Appliance.
- In 2016 May, Pregis LLC had decided to invest in the business and invested USD 17.00 million in Grand Rapids facility expansion. This development helped the company to increase the production capacity and revenue.
The company has wide global presence across the Europe, North America. The company have subsidiaries which are Free-Flow Packaging International, Inc. (U.S.), Technical Machinery Solutions, Inc. (U.S.), Easypack (U.K.), Surface Guard Inc. (U.S.), Sharp Packaging Systems, LLC (U.S.) among others
Universal Protective Packaging, Inc
Universal Protective Packaging, Inc. headquartered in Pennsylvania, U.S. and it was founded in year 1983 as private ownership. The company is engaged in the manufacturing of specialized, custom thermoformed plastic packaging for several industries. The company offers wide range of product categories such as Thermoformed Packaging, Industrial Packaging, Medical Packaging, Retail Packaging, Food Packaging and Fragile Packaging under which Thermoformed Packaging is market focused category.
The company has presence in a North America.
New-Tech Packaging
New-Tech Packaging Company is headquartered in Tennessee, U.S.as private ownership it was founded in 1984. The company is engaged in the manufacturing of packaging products for several industries. The company has product category which are Contract Packaging and Custom Packaging out of which DCustom Packagings market focused segment.
- In November, New-Tech Packaging Company has decided to announce HUBZone Certification. HUBZone stands for the Historically Underutilized Business Zones program. This development helped the company to increase revenue.
The company has wide global presence in North America.
