Market Share of Europe Food Packaging Industry
The food packaging market is highly fragmented owing to the presence of a large number of players operating in the market, constituting a significant share. Leading players operating in the market are undergoing acquisitions, mergers, technological advancements, expansion, and ground-breaking marketing tactics to strengthen their positions.
In November 2022 - Amcor Plc announced its investment of USD 3 million in PulPac, a Swedish company providing disruptive manufacturing technology for low-cost, high-performance fiber-based packaging. Amcor is one of several strategic investors in a cross-industry alliance aimed at driving the deployment of PulPac's technology globally. This cross-industry investment will help PulPac achieve its global commercialization goals by allowing it to deploy its solutions across markets and potentially provide applications in Amcor's product lines. Also in November 2022 - Huhtamaki, a sustainable packaging company, inaugurated a 12,500m² expansion of its paper-based packaging manufacturing site in Nules, Spain, with an investment of EUR 20 million (USD 20.8 million) with a grant of EUR 2.2 million (USD 2.3 million) from the Ministry of Finance and Economic Model. The company said the expansion would begin production this January and double the site's capacity.
Europe Food Packaging Market Leaders
O-I Glass, Inc.
ALPLA
ProAmpac
CANPACK
KM Packaging Services Ltd.
*Disclaimer: Major Players sorted in no particular order
