Market Share of US Beverage Packaging Industry
The United States Beverage Packaging Market is fragmented with the presence of key players such as Owens-Illinois Inc, Ball Corporation, Cronw Holdings Inc, Berry Global Inc., and Sonoco Products Compnay. These players are investing in R&D for new product innovations of packaging in the United States.
- March 2021 - Owens-illinois Inc announced an expansion in Andean Market to serve a sustainable market in glass packaging. The company invested approximately USD 75 million in an expansion at its Zipaquirá, Colombia facility. Upon completion by the end of 2022, the project is expected to add nearly 2 percent of capacity to the company's Americas segment and produce about 500 million bottles annually.
- September 2021 - Ball Corporation announced plans to build a new U.S. aluminum beverage packaging plant in North Las Vegas, Nevada. The multi-line plant is scheduled to begin production in late 2022 and is expected to create nearly 180 manufacturing jobs when fully operational.
- October 2021 - Crown Holdings, Inc. announced a collaboration with Velox Ltd. Crown and Velox brought together their expertise to unlock new possibilities for major brands wishing to increase product offerings, as well as smaller producers are taking advantage of the benefits of fully recyclable beverage cans. The technology and solution deliver market firsts and create greater brand design options with running speeds over five times faster than existing digital solutions
US Beverage Packaging Market Leaders
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Owens-Illinois Inc.
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Ball Corporation
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Crown Holdings Inc.
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Silgan Containers LLC
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Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
