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 fragmented with the presence of major players like Alpla Group, Amcor PLC, Berry Global Inc., and Mondi PLC.
- In November 2023, Amcor PLC launched the next generation of its medical laminate solutions. Amcor’s latest innovation enables the development of all-film packaging that is recyclable in the polyethylene stream. The new packaging solution consists of a mono-material polyethylene (PE) laminate that can be employed for a wide range of packaging formats. It can replace non-recyclable with recycle-ready lidding for 3D thermoformed packages that are used for drapes, catheters, protective materials, and injection and tubing systems. Laminates also find application in 2D pouches for products such as gloves and wound care materials.
- In July 2023, Indiana-based Berry Global launched a range of reusable bottles made from post-consumer recycled plastic (PCR) for The Bio-D Co., a cleaning company with an ethical and environmental focus. The new PCR bottles can be refilled multiple times at more than 300 refill stores across the country. The CO2 emissions saved by using 100% PCR bottles compared with virgin plastic amount to 14.3 tons annually.
Plastic Packaging Market Leaders
Mondi plc
ALPLA Group
Huhtamaki Oyj
Amcor plc
Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
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