Market Share of Alcoholic Beverage Packaging Industry
The availability of several players providingpackagingsolutions for alcoholic beverages has intensified the competition in the market. Therefore, the market is moderately fragmented, with many companies developing expansion strategies.
- Apr 2019 -Diageo PLCannounced that it will not be using plastic packaging, globally, for its beer brand, Guinness, with a focus on minimizing plastic waste. The company is planning to invest EUR 16 million for this move and for the introduction of 100% recyclable and biodegradable cardboard to replace plastic.
- Mar 2019 - Amcor Limited acquired its rival Bemis CompanyInc. By combining these two market leaders, Amcor aims tocreate a stronger value proposition for shareholders, customers, employees, and the environment.
Alcoholic Beverage Packaging Market Leaders
Amcor PLC
Ball Corporation
Krones AG
Mondi PLC
Crown Holdings Inc.
*Disclaimer: Major Players sorted in no particular order
