Sealed Air Continues to Navigate Near-Term Headwinds, but Long-Term Prospects Remain Strong

Sealed Air produces a wide variety of flexible resin packaging, protective shipping materials, and integrated packaging systems. The company operates 97 manufacturing facilities and serves customers in over 100 countries, with the America’s accounting for roughly two thirds of sales. Sealed Air’s two segments, food and protective, supply customers with both protective packaging materials and the equipment needed to apply it in a manufacturing facility. Customers with Sealed Air equipment on-site would find it costly and time-consuming to switch from Sealed Air consumables. As a result, Sealed Air enjoys more pricing power on consumables than its more traditional peers.