Company Summary
Charlotte, NC-based Sealed Air Sealed Air Corporation is a leading global provider of packaging solutions integrating high-performance materials, automation, equipment and services. It designs and delivers packaging solutions that preserve food, protect goods, automate packaging processes, and enable e-commerce and digital connectivity for packaged goods.
Its packaging solutions are designed to help customers automate their operations to be increasingly touchless and more resilient, safer, lower waste, and enhance brand engagement.The company caters to a diverse set of end markets including food and beverage processing, food service, retail, healthcare and industrial, and commercial and consumer applications. Its portfolio of widely recognized brands include Cryovac food packaging, Liquibox, Sealed Air brand protective packaging, Autobag brand automated systems, Bubble Wrap protective packaging, SEE Touchless Automation solutions and prismiq digital packaging and printing.
Effective second-quarter 2020, the company renamed its reporting segments from Food Care to Food and Product Care to Protective. The Food segment generated 64% of the company’s sales in 2023 and the Protective segment contributed the remaining 36%.
The Food segment serves perishable food processors, predominantly in fresh red meat, smoked and processed meats, poultry and dairy (solids and liquids) markets worldwide, and maintains a leading position in target applications. The segment provides integrated packaging materials and equipment solutions to provide food safety, shelf life extension, and total cost optimization with innovative, sustainable packaging that enables customers to reduce costs and enhance brands in the marketplace.
Protective packaging solutions are utilized across several global markets and are especially valuable to e-commerce, electronics and industrial manufacturing. Protective solutions are designed to protect valuable goods in shipping, and drive operational excellence for its customers, increasing their order fulfillment velocity while minimizing material usage, dimensional weight and packaging labor requirements. A noteworthy acquisition for the segment was of Automated Packaging Systems, a manufacturer of automated bagging systems in 2019.