Strategic Market Expansion Sonoco's recent expansion efforts, including opening a new state-of-the-art office in Hyderabad, India, demonstrate a focus on increasing global presence and tapping into emerging markets, creating opportunities for suppliers and partners to support their international growth initiatives.

Acquisition and Diversification The acquisition of ThermoSafe highlights Sonoco's strategy to diversify its product offerings within the packaging sector, particularly in temperature-sensitive and specialized packaging segments, suggesting potential sales opportunities for innovative packaging solutions.

Sustainability Leadership Sonoco's active engagement in sustainability-related events and hiring of a Vice President of Global Sustainability signifies their commitment to eco-friendly products, making them a prime target for sustainable packaging suppliers and green technology vendors.

Product Innovation Focus The launch of rigid paper cans for snacks exemplifies Sonoco’s emphasis on developing recyclable and consumer-friendly packaging options, indicating an open avenue for companies providing eco-conscious and innovative packaging materials.

Technology and Compliance Sonoco's deployment of advanced tech stacks like SAP, Hyperion, and GDPR compliance points to a sophisticated operational environment, offering opportunities for technology providers specializing in enterprise solutions, compliance, and data security enhancements.