Market Share of US Plastic Packaging Industry
US Plastic Packaging market is moderately fragmented with the presence of players, including Sigma Plastics Group Inc, Amcor PLC, who play a vital role in upscaling the rise in demand, leveraging the declining demand for plastic packaging and customer' preference towards paper-based packaging. These companies are promoting innovation in recycling to capture the market share.
- February 2021: Berry Global Group, Inc. launched a polyethylene terephthalate (PET) spirit bottle specifically designed for e-commerce businesses. The 50ml PET bottle aimed to address the increasing demand of online spirit sales, especially gin.
- February 2021: Constantia Flexibles' announced its new product, Perpetua, which is a recyclable, high-barrier, polymeric mono-material packaging solution for pharma products. According to the company, the solution has a wide range of pharma packaging applications and is now available worldwide. Perpetua offers product protection from oxygen, water vapor, and light.
US Plastic Packaging Market Leaders
Sigma Plastics Group Inc.
Amcor PLC
Berry Global Inc.
Sealed Air Corporation
Sonoco Products Company
*Disclaimer: Major Players sorted in no particular order
