Market Share of NA Home Care Packaging Industry
The North American home care packaging market is competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. These major players with a prominent share in the market are expanding their customer base across foreign countries. These companies are leveraging on strategic collaborative initiatives to increase their market share and increase their profitability.
- September 2020 - Borealis and Menshen GmbH launched new packaging closures made of post-consumer recycled resin. The usage of Borcycle, an evolving recycling technology, transforms polyolefin-based waste streams into value-adding versatile solutions.
- June 2020 - Gualapack launched the first 100% mono-material recyclable pouches. Most multilayer multi-material laminates and pouches on the market have not been suitable for collection, sorting, or recycling. The company's Pouch5 offers a sustainable packaging solution for food, such as drinks and juices, beauty and personal care products, such as soap refills or face masks, and home care, like detergents.
North America Home Care Packaging Market Leaders
Amcor PLC
Sonoco Products Company
Ball Corporation
Berry Global Inc
Winpak Ltd
*Disclaimer: Major Players sorted in no particular order
