Market Share of Recycled Materials Packaging Solutions Industry
The recycled materials packaging solutions market is fragmented with major players such as Amcor Group GmbH, Kruger Inc., Smurfit Kappa Group, Packaging Corporation of America, Tetra Laval International SA, etc. The corporations continue to innovate and form strategic partnerships to maintain their market share.
In February 2024, Amcor agreed with Cadbury to procure approximately 1,000 tonnes of post-consumer recycled plastic to be used in the packaging of Cadbury's core range of Cadbury chocolates, helping to accelerate Cadbury's efforts to reduce their virgin plastic requirements.
In November 2023, Paperboard and packaging manufacturer DS Smith, based in the United Kingdom, started providing recycled content and recyclable packaging to Philips Home Appliance brands manufactured in the Netherlands by Versuni.
Recycled Materials Packaging Solutions Market Leaders
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Amcor Group GmbH
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Kruger Inc.
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Smurfit Kappa Group
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Packaging Corporation of America
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Tetra Laval International SA
*Disclaimer: Major Players sorted in no particular order