Smurfit Kappa

Corrugated Boxes Market size worth $ 90.40 Billion, Globally, by 2030 at 3.63% CAGR: Verified Market Research®

Retrieved on: 
Thursday, October 26, 2023

JERSEY CITY, N.J., Oct. 26, 2023 /PRNewswire/ -- The Global Corrugated Boxes Market is projected to grow at a CAGR of 3.63% from 2022 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 65.57 Billion in 2021 and is expected to reach USD 90.40 Billion by the end of the forecast period.

Key Points: 
  • The " Global Corrugated Boxes Market Size By Product (Single Corrugated, Double Corrugated), By Application (Food & Beverage, Electronics & Home Appliance), By Geographic Scope And Forecast " report has been published by Verified Market Research®.
  • The report provides an in-depth analysis of the global Corrugated Boxes Market, including its growth prospects, market trends, and market challenges.
  • To get market data, market insights, financial statements and a comprehensive analysis of the Global Corrugated Boxes Market, please Contact Verified Market Research® .
  • Based on the research, Verified Market Research® has segmented the global Corrugated Boxes Market into Product, Application, And Geography.

Change in Stora Enso's Group Leadership Team

Retrieved on: 
Tuesday, October 24, 2023

HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.

Key Points: 
  • HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.
  • From 2012, Ad was the CEO of De Jong Packaging Group, which Stora Enso acquired in January 2023.
  • "I'm delighted to welcome Ad Smit to Stora Enso's leadership team.
  • "On behalf of Stora Enso and the Group Leadership Team, I sincerely thank David Ekberg for his leadership and achievements during the past years.

Change in Stora Enso's Group Leadership Team

Retrieved on: 
Tuesday, October 24, 2023

HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.

Key Points: 
  • HELSINKI, Oct. 24, 2023 /PRNewswire/ -- Stora Enso appoints Ad Smit as Executive Vice President of the Packaging Solutions division and a member of the Group Leadership Team.
  • From 2012, Ad was the CEO of De Jong Packaging Group, which Stora Enso acquired in January 2023.
  • "I'm delighted to welcome Ad Smit to Stora Enso's leadership team.
  • "On behalf of Stora Enso and the Group Leadership Team, I sincerely thank David Ekberg for his leadership and achievements during the past years.

Global Paint Packaging Market to Exhibit Remarkable Growth with a 4.1% CAGR, Valued at $20.6 Billion in 2022 - ResearchAndMarkets.com

Retrieved on: 
Monday, October 2, 2023

The "Paint Packaging Market By Material, By Product, By End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Paint Packaging Market By Material, By Product, By End-Use Industry: Global Opportunity Analysis and Industry Forecast, 2023-2032" report has been added to ResearchAndMarkets.com's offering.
  • The global paint packaging market, valued at $20.6 billion in 2022, is poised for substantial growth, with a projected CAGR of 4.1% from 2023 to 2032.
  • Advanced Packaging Properties: The need for packaging with advanced properties such as tear puncture resistance, reusability, and recyclability is boosting market demand.
  • Leading players in the global paint packaging market include Berry Global Inc., Dow, Mold-Tek Packaging Ltd., Smurfit Kappa, Hitech Group, BWAY Corporation, KARSHNI PACKS PRIVATE LIMITED, International Paper, Mondi, and WestRock Company.

 WestRock Announces Consent Solicitation

Retrieved on: 
Wednesday, September 20, 2023

WestRock Company (“WestRock”) announced today that its wholly-owned subsidiary WRKCo Inc. (the “Issuer”) commenced a consent solicitation through which it is soliciting consents (“Consents”) from registered holders (“Holders”) of the Notes (the “Consent Solicitation”) to amend certain terms of the indentures governing the respective Notes (each, an “Indenture” and together, the “Indentures”).

Key Points: 
  • WestRock Company (“WestRock”) announced today that its wholly-owned subsidiary WRKCo Inc. (the “Issuer”) commenced a consent solicitation through which it is soliciting consents (“Consents”) from registered holders (“Holders”) of the Notes (the “Consent Solicitation”) to amend certain terms of the indentures governing the respective Notes (each, an “Indenture” and together, the “Indentures”).
  • The terms and conditions of the Consent Solicitation are set forth in a consent solicitation statement dated as of September 20, 2023 (as it may be amended and supplemented from time to time, the “Consent Solicitation Statement”).
  • The Consent Solicitation will expire at 5:00 p.m., New York time, on September 26, 2023, unless the Consent Solicitation is extended or earlier terminated by the Issuer for any or all series of the Notes in its sole discretion (the “Expiration Time”).
  • The Consent Solicitation is only being made pursuant to the terms of the Consent Solicitation Statement.

Smurfit Kappa and WestRock in discussions regarding key terms of Potential Combination

Retrieved on: 
Thursday, September 7, 2023

Smurfit Kappa Group (“Smurfit Kappa”) (LSE:SKG; ISE:SKG), a FTSE 100 company, confirms that the boards of directors (the “Boards”) of Smurfit Kappa and WestRock Company (“WestRock”) (NYSE:WRK), a S&P 500 company, are discussing the key terms of a potential combination to create Smurfit WestRock, a global leader in sustainable packaging (the “Potential Combination”).

Key Points: 
  • Smurfit Kappa Group (“Smurfit Kappa”) (LSE:SKG; ISE:SKG), a FTSE 100 company, confirms that the boards of directors (the “Boards”) of Smurfit Kappa and WestRock Company (“WestRock”) (NYSE:WRK), a S&P 500 company, are discussing the key terms of a potential combination to create Smurfit WestRock, a global leader in sustainable packaging (the “Potential Combination”).
  • The Potential Combination would be expected to involve the creation of a new holding company, Smurfit WestRock (the “Combined Group”).
  • The Potential Combination would be effected through an Irish scheme of arrangement involving Smurfit Kappa and a merger of a subsidiary with WestRock.
  • Any Potential Combination would be conditional, inter alia, upon the approval by shareholders of Smurfit Kappa and WestRock and receipt of required regulatory clearances as well as other customary conditions.

Tube Packaging Market to grow by USD 3.75 billion from 2022 to 2027 | The technological advancements in manufacturing processes will drive growth -Technavio

Retrieved on: 
Tuesday, August 22, 2023

NEW YORK, Aug. 22, 2023 /PRNewswire/ -- The tube packaging market is estimated to grow at a CAGR of 6.2% between 2022 and 2027.

Key Points: 
  • NEW YORK, Aug. 22, 2023 /PRNewswire/ -- The tube packaging market is estimated to grow at a CAGR of 6.2% between 2022 and 2027.
  • Ltd., Smurfit Kappa Group, Sonoco Products Co., and Worldwide Packaging LLC
    Technological advancements in manufacturing processes are key factors driving market growth.
  • The retort packaging market is estimated to grow at a CAGR of 6.93% between 2022 and 2027.
  • The vacuum packaging market is estimated to grow at a CAGR of 4.03% between 2022 and 2027.

Top 21 Sustainable Packaging Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Wednesday, August 16, 2023

CHICAGO , Aug. 16, 2023 /PRNewswire/  -- MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO , Aug. 16, 2023 /PRNewswire/  -- MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • With the benefits of sustainable packaging growing in popularity, the market for sustainable packaging is anticipated to experience considerable expansion in the coming years.
  • Additionally, other factors such as the downsizing of packaging and advancements in technology are also fostering the growth of the sustainable packaging market, globally.
  • WestRock, one of the leading providers of sustainable paper and packaging solutions was identified as the market leader in the 360 Quadrant, accounting for the largest share of the market.

Top 21 Sustainable Packaging Companies, Worldwide 2023: MarketsandMarkets 360 Quadrant Revealed

Retrieved on: 
Wednesday, August 16, 2023

CHICAGO, Aug. 16, 2023 /PRNewswire/  -- MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.

Key Points: 
  • CHICAGO, Aug. 16, 2023 /PRNewswire/  -- MarketsandMarkets has released 360 Quadrant for Top 21 Sustainable Packaging Companies , Worldwide 2023 to help businesses make quicker and more informed decisions.
  • With the benefits of sustainable packaging growing in popularity, the market for sustainable packaging is anticipated to experience considerable expansion in the coming years.
  • Additionally, other factors such as the downsizing of packaging and advancements in technology are also fostering the growth of the sustainable packaging market, globally.
  • WestRock, one of the leading providers of sustainable paper and packaging solutions was identified as the market leader in the 360 Quadrant, accounting for the largest share of the market.

E-Commerce Packaging Market worth $111.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, August 4, 2023

Boxes hold the highest market share among different product types in the E-Commerce packaging market due to several reasons.

Key Points: 
  • Boxes hold the highest market share among different product types in the E-Commerce packaging market due to several reasons.
  • The growing demand for electronics through E-Commerce channels has led to increased packaging requirements, driving the market share of electronic E-Commerce packaging.
  • North America accounted for the second largest market share of the E-Commerce packaging Market in 2022.
  • The E-Commerce packaging Market comprises major players such as International Paper (US), Amcor Limited (Australia), Mondi Group (UK), DS Smith (UK), Smurfit Kappa Group (Ireland), and others are covered in the E-Commerce packaging market.