Market Share of APAC Rigid Plastic Packaging Industry
The Asia-Pacific rigid plastic market is highly fragmented due to the presence of global as well as regional players. Some of the leading players in the market include Amcor Group GmbH, Pyramid Technoplast Ltd, Berry Global Inc., and SCHÜTZ Container Systems Co. Ltd. These players are implementing strategic improvements, such as partnerships and new product developments, to expand their market presence and become leaders in the market.
- July 2024: Thailand-headquartered petrochemicals producer Indorama Ventures secured a new seven-year loan totaling USD 200 million from the International Finance Corporation (IFC) to help fund the growth of the company’s strategic sustainability programs in India, Thailand, and Indonesia. The funds will be used to finance sustainability initiatives that bolster Indorama Ventures’ strategic footprint in PET recycling.
- July 2023: PepsiCo launched its new soft drink in India, 'Pepsi Black,' in 100% recycled PET bottles (rPET). The use of recycled packaging by PepsiCo India is part of the company's efforts to strengthen its sustainability credentials. The launch aligned with the Swatch Bharath mission of the Indian Government to promote cleanliness and better solid waste management, as well as the increasingly stringent legislation on single-use plastics.
APAC Rigid Plastic Packaging Market Leaders
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Amcor Group GmbH
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Berry Global Inc.
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Pyramid Technoplast Ltd
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Guangzhou Huaxin Plastic Products Co.,Ltd
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Indorama Ventures Public Company Limited
*Disclaimer: Major Players sorted in no particular order
