Market Share of Europe Beverage Packaging Industry
The European beverage packaging market is fragmented due to many players are entering the packaging market. Moreover, innovation and development by players are making the market competitive. Some of the key developments in the market are:
- May 2020 - the European Wine industry sets a glass recycling goal. The Comité Européen des Entreprises Vins (CEEV) has partnered with a Europe-wide group to have a 90% glass recycling rate by 2030. The CEEV plans to collaborate with other group members, targeting a goal of collecting 90% of all glass packaging in the EU market for recycling in a "bottle-to-bottle closed-loop" by 2030. Also, 76% of all glass packaging in the EU is currently recycled, according to FEVE
- December 2020 - Vetropack acquired Moldovan glassworks in Chişinău, Moldova. The Chișinău glassworks produces approximately 100,000 tonnes of glass packaging annually for the food and beverage industry, sold domestically and for export. Further, the acquisition will enhance the market position in Central and Eastern Europe.
- December 2020 - Berlin Packaging acquired New pack, a leading glass packaging company based in Savona, Italy. The acquisition of New pack allows Berlin Packaging to increase its offering in the wine sector, an important market in Europe.
Europe Beverage Packaging Market Leaders
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Amcor Plc
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Ball Corp
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Beatson Clark Ltd
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CANPACK Group
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Mondi Group Plc
*Disclaimer: Major Players sorted in no particular order
