Market Share of France Plastic Packaging Industry
The France Plastic Packaging Market is consolidated owing to a few players holding significant shares. As the demand for plastic packaging has been increasing significantly in the France region, the market is highly concentrated with the presence of major players like Amcor plc, Coveris Management GmbH, Berry Global Inc., Sealed Air Corporation, and Constantia Flexibles International GmbH, among others. The companies are involved in developing new products consistently, creating a barrier to new entrants.
In January 2023, the Berry factory in La Genete, France, received RecyClass certification to fulfill the demand for credible claims regarding recyclability and recycled content in packaging. The company is working to shift from a linear to a circular economy to meet the EU goal of having all plastic recyclable and reused by 2030. These measures to develop circularity make it more and more critical for manufacturers in all sectors to be open about recycling and using recycled material in their plastic packaging solutions and to prove it.
In February 2022, Coveris invested in its facilities in Montfaucon, France. Recently, the business bought an extruder to improve its equipment and increase the production of shrink and stretch hoods for industrial uses. The investment is meant to satisfy the rising demand for recyclable and recycled flexible packaging materials. The five-layer coextrusion technology extruder from Coveris is intended to boost the plant's capability for producing stretch and shrink hoods, including those made of recyclable materials.
France Plastic Packaging Market Leaders
Amcor Plc
Coveris Management GmbH
Berry Global Inc.
Constantia Flexibles International GmbH
Sealed Air Corporation
*Disclaimer: Major Players sorted in no particular order
