"The packaging industry, although exhibiting vast potential, is highly competitive and fragmented, with a myriad companies competing for market share...”

Report announces top 20 packaging stars

14 July 2015

The global packaging market has a market value of US$761.4 billion and will continue to see strong growth in the next decade despite challenges, according to a report released by Visiongain.

Called The 20 Leading Packaging Companies 2014: Competitive Landscape Analysis, the report states that increasing income and urbanisation in emerging economies provide large market potential for packaging companies, but there are also obstacles.

“Consumers are more concerned about the environmental impact of human behaviour,” it stated.

“Governments are placing numerous regulations on the production, consumption and disposal of packaging products.

"Packaging companies must therefore focus on sustainability as well as adapting themselves to an increasingly regulated marketplace.

“The packaging industry, although exhibiting vast potential, is highly competitive and fragmented, with a myriad companies competing for market share.”

According to Visiongain, the top 20 companies in the report accounted for only 20.3 per cent of the global packaging market in 2014.

“No single company or group of companies have a monopolistic-type control,” it stated.

Here is Visiongain's final list:

    - International Paper Company
    - Tetra Laval
    - Reynolds Group
    - Amcor
    - Rock-Tenn Company
    - Crown Holdings
    - Ball Corporation
    - Owens-Illinois
    - Toyo Seikan Group
    - Ardagh
    - Rexam
    - Mondi
    - Sealed Air Corp
    - Rengo Co
    - MeadWestvaco Corp
    - Nine Dragons Paper
    - Greif
    - Bemis
    - ALPLA
    - Graphic Packaging

    To access the full report, email Miriam Zatkova here.