Founded in 1960, Sealed Air Corporation is a U.S.-based packaging company known for its brands such as Cryovac, bubble wrap cushioning, and Diversey cleaning and hygiene. The company has mainly three business segments, namely Food & Beverages, Institution and Laundry and Protective Packaging. The company, along with its subsidiaries, manufactures LDPE compounds or products. As a part of their business strategy, Sealed Air has focused on mergers & acquisitions apart from other marketing strategies. To make its product portfolio more diversified and strong, Sealed Air has been focusing on developing new products. The company holds a share of 12.1% of the global LDPE market, as of 2014.
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Amcor limited is an Australian-based multinational packaging company, headquartered in Hawthorn, Victoria, Australia. The company was founded in 1986, and at that time, it manufactured pulp paper and paperboard products, along with metal can and flexible packaging. Presently, the company operates through seven product segments, namely rigid plastics packaging, flexible and film packaging, fiber and paper-based packaging, metal packaging, tobacco packaging, glass packaging, and other packaging. Amcor is expanding its business primarily through acquisitions. It acquired many companies upto 2013, and through these acquisitions, the company is marking its presence in the global packaging market. The company has a global presence in almost 43 countries and has 180+ manufacturing sites across the globe. The company holds a market share of 11.2% of the global LDPE market, as of 2014.
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The major participants operating in the global LDPE market are Sealed Air Corporation (U.S.), Amcor Limited (Australia), Bemis Company (U.S.), Jindal Polyfilms Limited (India), Toyobo Co. Limited (Japan), AEP Industries Inc. (U.S.), Berry Plastics Group Inc. (U.S.), Saudi Basic Industries Corp. (Saudi Arab), and Toray Industries Inc. (Japan), among others.
