Market Share of PET Bottles Industry
The PET bottles market is fragmented, with several global and regional players, such as Amcor Group GmbH, Gerresheimer AG, Alpla Group, and Berry Global Inc., vying for attention in a contested market space. This market is characterized by low product differentiation, growing levels of product penetration, and high levels of competition.
- May 2024 - ALPLA introduced a recyclable PET wine bottle that offers several advantages over traditional glass bottles. This innovative packaging solution weighs approximately one-eighth of a glass bottle, reduces carbon footprint by up to 50%, and can lower costs by up to 30%. The bottle is manufactured entirely from recycled PET (rPET).
- April 2024 - Amcor, a player in developing and producing responsible packaging solutions, announced the launch of a 1 L polyethylene terephthalate (PET) bottle for carbonated soft drinks (CSDs) made entirely from post-consumer recycled (PCR) content. Amcor Rigid Packaging (ARP) is expected to incorporate this 1 L CSD 100% PCR bottle into its growing portfolio of responsible packaging made from recycled materials.
PET Bottles Market Leaders
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Gerresheimer AG
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Alpla Group
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Berry Global Inc.
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SILGAN PLASTICS LLC (Silgan Holdings Inc.)
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Amcor Group GmbH
*Disclaimer: Major Players sorted in no particular order