FLEXIBLE PACKAGING
European market worth EUR 20 bn / Amcor is largest player / Trend towards eastern Europe / Latest AMI report
Europe’s converted flexible packaging industry consumed almost 3.6m t of substrates last year, a new report by British market researcher Applied Market Information (AMI, Bristol; www.amiplastics.com) has found. Overall, the industry was worth some EUR 20 bn in 2009, making it one of Europe’s most dynamic, AMI says.

“Corporate performance and ownership among converted flexible packaging producers: A review of Europe’s 50 largest players” has discerned a trend towards the emerging markets of eastern Europe and Russia, accompanied by a shift towards producing higher value products in western Europe. Overall, AMI says, the 50 companies covered in the report accounted for a little more than 40% of volumes in the converted flexible packaging market and some 50% of the market’s value. The researchers further estimate that the leading 50 companies consumed about 1.5m t of flexible substrates in 2009 at some 300 plants.

AMI says that while the industry has traditionally been highly fragmented, several major regional and global groups have emerged in Europe, singling out Australian packaging giant Amcor (Abbotsford; www.amcor.com). In the wake of its takeover of several Alcan Packaging businesses – see Plasteurope.com of 05.02.2010 – Amcor’s global workforce of 14,000 now generate sales in excess of USD 4 bn. According to AMI, the Alcan acquisition has created a “flexible packaging manufacturer more than twice the size of the next largest company both in terms of the value of the business and the volume of substrates used”. The new packaging giant operates more than 50 flexible packaging converting plants in 17 countries worldwide, AMI says.

Converted flexible packaging covers materials that have undergone a conversion process, including printing, lamination, coating and extrusion, and involves numerous different substrates such as plastic films, paper and foil.

Europe's Top 10 Converted Flexible Packaging Companies
RankCompanyHeadquarters
1Amcor FlexiblesAustralia
2Mondi GroupUK
3Constantia PackagingAustria
4Clondalkin GroupNetherlands
5Bischof + KleinGermany
6NordeniaGermany
7Wihuri Oy WipakFinland
8Sealed AirUSA
9Bemis Europe Flexible PackagingBelgium
10Gascogne LaminatesFrance
Source: AMI

For more information, see “Corporate performance and ownership among converted flexible packaging producers: A review of Europe’s 50 largest players”, 1st edition, AMI 2010, details: www.amiplastics.com
Contact: Regine Futter, Tel: +44 117 9249442, E-Mail: rfutter@amiplastics.com

e-Service:
Flyer for AMI’s “Corporate Performance and Ownership Among Flexible Packaging Converters” as a PDF document
16.07.2010 Plasteurope.com [216774]
Published on 16.07.2010

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