Market Share of North America Cosmetic Packaging Industry
North America Cosmetic Packaging Market is a moderately competitive consolidated market with the presence of major players like Albea SA, AptarGroup Inc., and Graphic Packaging Holding Co. dominating market share. Vendors in the market are leveraging partnerships and acquisitions as a competitive strategy and are focusing on climate-friendly packaging solutions that are both renewable and recyclable.
- March 2020 - DS Smith Plc announced the opening of its first recycling facility in the United States, the company's latest expansion of its business operations in North America. The facility is unique in the region as it is alongside the company's paper mill and within a mile from its packaging plant, creating a closed-loop manufacturing model that enhances its customers' sustainable packaging credentials making it a circular economy trifecta. The new plant can recycle over 36,000 tons of old corrugated cardboard each year, creating new fully recyclable packaging for the customers.
- September 2019 - Graham Packaging invested in VPET USA LLC, a California based company that has blow molding and in-housing PET plastic container production facilities. It would provide innovative PET packaging solutions in lesser lead time and competitive advantage to the company.
North America Cosmetic Packaging Market Leaders
Albea SA
DS Smith plc
Graphic Packaging Holding Co
Amcor PLC
Silgan Holdings Inc.
*Disclaimer: Major Players sorted in no particular order