Market Share of Global Plastic Packaging Industry
The global plastic packaging market is highly competitive because of the presence of many players running their businesses within national and international boundaries. The market is mildly concentrated with the presence of major players like Alpla Group, Amcor plc, Berry Global Inc., and Mondi PLC.
- May 2022 - Amcor PLC developed its latest technology, PowerPostTM, which delivers a bottle up to 30% lighter and can be made from 100% recycled material. The technology was developed for hot-fill beverages and avoids spills from overflow. Furthermore, the product is built on a vacuum-absorbing technology, PowerStrap.
- March 2022 - The ALPLA Group acquired the recycling company Texplastfrom the FROMM Group and all its shares in the joint venture, PET Recycling Team Wolfen. The international company will increase its annual processing volume in Germany to 75,000 tons of PET bottles.
Plastic Packaging Market Leaders
Mondi plc
ALPLA Group
Huhtamaki Oyj
Amcor plc
Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order