The worldwide packaging market, valued at $589.9 billion in 2015, will reach $770.5 billion by 2020, with a CAGR of 5.6%.
Today's customers are looking for three major high qualities in their packaged products, specifically when it comes to food product packaging: benefit, ease of usage, and also convenience of transportation. Retailers are seeking similar qualities, in enhancement to packaging that gives longer shelf-life.
The worldwide packaging market size has the possible to expand by $278.59 billion during 2019-2023. To see even more comprehensive information regarding the worldwide packaging market, top packaging companies, and also packaging market fads, inspect Technavio's Global Packaging Market Report 2019-2023, or request your Free Packaging Market Report Sample Now!
Top Packaging Companies in the World 2020.
Amcor.
Amcor is a global leader in accountable worldwide product packaging services, supplying a broad series of inflexible and flexible packaging items to the food, drink, health care, residence, personal care, and also tobacco packaging markets. World-renowned development and also client service have actually seen Amcor broaden from its Australian origins to now serve markets around the globe.
Ball.
Round Corporation is a carrier of steel packaging for drinks, foods, as well as household items, as well as of aerospace and also various other innovations and solutions to business and also governmental clients. Established in 1880, the business utilizes 15,000 people worldwide. Ball Corporation supply is traded on the New York Stock Exchange under the ticker icon BLL.
Crown Holdings.
Crown Holdings is one of the globe's top packaging firms for steel packaging modern technology. With procedures in 40 nations, 23,000 employees, as well as net sales of $9.1 billion, the business is distinctly placed to bring best practices in top quality as well packaging product supplier as making to expanding economic climates in Asia, Eastern Europe, South America, and also the Middle East and North Africa.
International Paper.
International Paper is a leading worldwide producer of product packaging, paper, and also pulp, with 55,000 staff members running in 24 nations. The company responsibly uses renewable resources to make recyclable items that countless individuals rely on everyday.
Mondi.
Mondi is a global product packaging as well as paper team, employing around 25,000 individuals across greater than 30 nations. Its key operations are located in central Europe, Russia, North America, and also South Africa. Mondi is integrated across the packaging and paper value chain, from handling woodlands and generating pulp, paper and compound plastics to establishing reliable as well as cutting-edge industrial as well as consumer product packaging remedies.
Owens-Illinois.
As the world's leading glass container manufacturer, Owens-Illinois has more than a century of experience crafting pure, sustainable, brand-building glass packaging for much of the globe's best-known food as well as drink brand names. The business supplies top notch glass packaging for beer, white wine, spirits, food, non-alcoholic beverages, cosmetics, as well as pharmaceuticals.
Reynolds Group.
Reynolds Group Holdings Limited is a leading international producer and vendor of customer beverage and foodservice packaging items. The business is based in Auckland, New Zealand.
Sealed Air.
Founded in 1957, Sealed Air is among the globe's top product packaging business, and also is now an international firm with over 25,000 employees serving 175 nations. The company strives to be a global leader in food safety and security and also protection, center health, as well as item protection.
Smurfit Kappa.
Smurfit Kappa is a world leading manufacturer of paper-based product packaging with around 45,000 workers across 34 countries and also sales of EUR8.1 billion in 2015. The business makes paper-based packaging, with its locations supported by a network of paper, recycling, as well as forestry operations.
Stora Enso.
Stora Enso is a leading provider of sustainable options in packaging, biomaterials, wood constructions, as well as paper for international markets. Its consumers include authors, sellers, brand proprietors, print and board manufacturers, publishing residences, merchants, converters and also joineries, and building and construction companies.
Sunkey Packaging.
Sunkey Packaging has a long background of entrepreneurship, management, and also advancement. That history consists of game-changing growths in papermaking, product packaging style, and also retail remedies. With operations around the world and expertise in every shopping group, Sunkey Packaging concentrates on collaborating with brands to help them win throughout the board by offering an irresistible profile of paper as well as product packaging products.