Market Share of Global Plastic Packaging Industry
The global plastic packaging industry outlook is highly competitive because of the presence of many players running their businesses within national and international boundaries, as highlighted in the industry analysis. The market is fragmented with the presence of the largest companies like Alpla Group, Amcor PLC, Berry Global Inc., and Mondi PLC.
- In November 2023, Amcor PLC launched the next generation of its medical laminate solutions. Amcor’s latest innovation enables the development of all-film packaging that is recyclable in the polyethylene stream. The new packaging solution consists of a mono-material polyethylene (PE) laminate that can be employed for a wide range of packaging formats. It can replace non-recyclable with recycle-ready lidding for 3D thermoformed packages that are used for drapes, catheters, protective materials, and injection and tubing systems. Laminates also find application in 2D pouches for products such as gloves and wound care materials.
- In July 2023, Indiana-based Berry Global launched a range of reusable bottles made from post-consumer recycled plastic (PCR) for The Bio-D Co., a cleaning company with an ethical and environmental focus. The new PCR bottles can be refilled multiple times at more than 300 refill stores across the country. The CO2 emissions saved by using 100% PCR bottles compared with virgin plastic amount to 14.3 tons annually.
Plastic Packaging Market Leaders
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Mondi plc
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ALPLA Group
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Huhtamaki Oyj
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Amcor plc
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
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