Market Share of Gable Top Container Industry
The Gable Top Container Market is competitive and consists of several global and regional players. With a prominent share in the market, international players are focusing on expanding their customer bases across different countries. These companies are leveraging strategic collaborative initiatives to increase their market shares and profitability. Various partnerships and acquisitions are expected to take place during the forecast period, focusing on innovation.
In November 2022, Carton Service, Inc., a leading provider of retail packaging, announced that it was awarded two new patents. These patents were related to direct contents contact gable carton packaging innovations, which can be used for liquid, dry, or semi-solid contents such as food, beverages, and soaps.
In March 2022, Elopak strengthened its growth strategy by acquiring Naturepak Beverage Packaging Co Ltd, one of the top providers of gable top fresh liquid cartons and packaging systems in the Middle East and North African region. The purchase is anticipated to give Elopak access to a strategic customer base in the new beverage carton segment, many of whom are major international FMCG companies and potent regional leaders.
Gable Top Container Market Leaders
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Tetra Pak Group
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Pactiv Evergreen Inc.
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Carton Service, Inc.
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Elopak ASA
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Parksons Packaging Ltd.
*Disclaimer: Major Players sorted in no particular order
