Market Share of FMCG Packaging Industry
The FMCG Packaging Market has the potential to shift rivalry, opening numerous new avenues for differentiation and value-added services. They will also enable firms to tailor offerings to more specific market segments and even customize products for individual customers, further enhancing differentiation and price realization. The firm concentration ratio is quite high because the concentration of unique brands and new players characterizes the market.
- February 2024 - The global packaging and paper group Mondi has acquired the Hinton Pulp mill in Alberta, Canada, from West Fraser Timber, a diversified wood products company. Completing this transaction, valued at USD 5m, follows the successful navigation of Canadian regulatory reviews and the fulfillment of standard closing conditions.
- October 2023 - Pakka Limited collaborated with Brawny Bear to launch India's first compostable flexible packaging to reduce the FMCG Industry's carbon footprint. The innovation will be launched in partnership with Brawny Bear, a nutrition company that uses the natural sweetness of dates to make delicious healthy food products. This represents a significant stride forward for India's packaging market, valued at over USD 70 billion.
Fast-Moving Consumer Goods (FMCG) Packaging Market Leaders
Amcor Limited
Ball Corporation
Berry Plastics Corporation
Tetra Pak International S.A.
DS Smith PLC
*Disclaimer: Major Players sorted in no particular order
