Market Share of United States Rigid PET Packaging Industry
US rigid pet packaging market is moderately consolidated, with a few major companies. The companies continuously invest in strategic partnerships and product developments to gain more market share. Some of the recent developments in the market are
April 2021: Berry Global Group, Inc. announced an investment of more than USD 70 million to support continued growth in consumer packaging films, primarily for e-commerce, food, and beverage applications. The investment supports new multi-layer blown film lines, infrastructure upgrades, and other equipment that will come online in 2021 and 2022 across multiple sites in the North American manufacturing system. Beyond the traditional infrastructure upgrade, the film lines will support the anticipated increased customer demand for recycled content.
February 2021: Berry Global launched a polyethylene terephthalate (PET) spirit bottle for e-commerce businesses. The 50ml PET bottle addressed the increasing demand for online spirit sales, especially gin.
US Rigid PET Packaging Market Leaders
CCL Industries, Inc.
Amcor Limited
Mondi Group
Smurfit Kappa Group PLC
Berry Plastics Group
*Disclaimer: Major Players sorted in no particular order
