Market Share of North America Plastic Bottles Industry
The North American plastic bottles market is fragmented and has several major players. In terms of market share, few of the major players currently dominate the market. These players, with a prominent share of the market, are focusing on expanding their customer base. These companies are leveraging strategic collaborative initiatives to increase their market share and profitability. Some of the recent developments in the market are:
- May 2024: ALPLA, a key firm in plastic packaging, unveiled a new recyclable wine bottle crafted from polyethylene terephthalate (PET). This innovative packaging slashes carbon footprints by as much as 50% and offers potential cost savings of up to 30%. Currently, the bottles, offered in 750ml and one-liter sizes, are being used by Austrian wine producer Wegenstein, marking them as both a pilot customer and a collaborative development partner.
- August 2023: Berry Global unveiled an innovative rPET bottle for a new sustainable luxury brand. Leveraging its technical prowess and extensive experience with recycled plastics, Berry brought to life the original design vision of NEUE Water’s founder, Michael Lowers. The unconventional flat shape posed challenges to the traditional injection stretch blow molding (ISBM) process used for PET bottles. However, Berry adeptly modified the technology to integrate the novel design seamlessly.
North America Plastic Bottles Market Leaders
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Berry Global Inc
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ALPLA Group
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Container Corporation of Canada
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Plastikpak Holding Inc.
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Amcor Group GmbH
*Disclaimer: Major Players sorted in no particular order
