Market Share of Soft Drinks Packaging Industry
The availability of several players providing soft drinks packaging solutions has intensified the competition in the market. Therefore, the market could be more cohesive, with many companies developing expansion strategies. Some prominent market players are Amcor PLC, Toyo Seikan Group Holdings Ltd, and Graham Packaging Company.
In July 2022, LinkOwens-Illinois Inc. announced the building of a new greenfield glass plant in Bowling Green, KY. In line with strong consumer trends toward healthy, recyclable, and sustainable food and beverage packaging. The company plans to invest up to USD 240 million in several waves of expansion over time, adding about 140 additional jobs to the area.
Soft Drinks Packaging Market Leaders
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Amcor PLC
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Toyo Seikan Group Holdings Ltd
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Graham Packaging Company
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Ball Corporation
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Owens-Illinois Inc.
*Disclaimer: Major Players sorted in no particular order