Market Share of Asia Pacific Beverage Packaging Industry
The Asia Pacific beverage packaging market is fragmented in nature. The major players with a significant share in the market are expanding their customer base across various regions. In addition, many companies are forming strategic and collaborative initiatives with multiple companies to increase their market share and profitability. Some of the recent developments in the market are:
- November 2020 - The Japanese beverage company Sangaria has been counting on Sidel as a vital partner for more than nine years. The company once again turned to its reliable supplier to increase its production flexibility by acquiring the Versatile Sidel Aseptic Combi Predis to handle aseptically carbonated and still drinks in PET bottles. This investment will also support Sangaria to widen its product portfolio in the future.
- May 2020 - Piramal Glass Limited partnered with Microsoft to transform its operational procedures to include digital technology in the manufacturing process. It will leverage some of the emerging or new-age technologies to transform its glass business.
APAC Beverage Packaging Market Leaders
Crown Holdings, Inc.
Owens-Illinois Inc.
Amcor plc
Berry Global, Inc.
Westrock Company
*Disclaimer: Major Players sorted in no particular order
