Sonoco Products Company Overview
Pro stress-test →Sonoco is a provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations.
Strategic Profile
Pro stress-test →The company operates in two segments, Consumer Packaging and Industrial Paper Packaging. Sonoco's transformation to focus on larger, core businesses is nearly complete, highlighted by the Eviosys acquisition and asset divestitures. Sonoco marks its 402nd consecutive quarter and 100th year of paying dividends and the 42nd consecutive year of an annual dividend increase.
Competitive Landscape
Pro stress-test →Amcor is noted as one of Sonoco's competitors. The global packaging market is highly competitive, with Sonoco maintaining leadership through scale, sustainability focus, and vertical integration including recycling operations. Key competitors span diverse packaging formats across rigid and flexible solutions.
Industry Context
Sonoco Products Company operates in Packaging & Paper Products Manufacturing.
Key facts
Founded: 1899 · Headquarters: Hartsville, SC · Employees: 19,900 · Revenue: $7.11B · Market cap: $5.1B