Market Share of Europe Single-use Plastic Packaging Industry
The European single-use plastic packaging market is fragmented. Several global and regional players like Berry Global Inc., Amcor Group GmbH, Huhtamäki Oyj, and Hotpack Packaging Industries LLC are vying for attention in this contested space. This market is characterized by low product differentiation, growing product penetration, and high competition.
In April 2024, Amcor, a leading global provider of sustainable packaging solutions, was set to introduce a groundbreaking product. It is a one-liter polyethylene terephthalate (PET) bottle designed specifically for carbonated soft drinks (CSDs). This innovation is unique because it is made entirely from 100% post-consumer recycled (PCR) materials. This move underscores Amcor's commitment to sustainability and offers a tangible solution for customers looking to bolster their eco-friendly initiatives.
In August 2023, Berry Global, a prominent plastic packaging manufacturer, unveiled its strategic move: merging its M&H and PET Power businesses to establish a unified entity, Berry Agile Solutions, focusing on the European market.
Europe Single-use Plastic Packaging Market Leaders
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Dart Container Corporation
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Berry Global Inc
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Amcor Group GmbH
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Huhtamäki Oyj
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Hotpack Packaging Industries LLC
*Disclaimer: Major Players sorted in no particular order
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