The rise of e-commerce and food ordering services have pushed the demand of packaging companies. The good quality packaging materials help in shipping products to long distances. Also, the life of packaging items is more, making it one of the most reliable options for usage.
Also the inclination of consumers, across the globe, towards the well packaged items has boosted the demand for packaging companies. Moreover, the big league members are eyeing this market to enter and establish their business. Due to this reason and the fruitful future forecasted by the market indicators, many organizations have joined the bandwagon.
It must be noted that after carrying out an extensive research, the expert of Verified Market Research came to the conclusion that packaging materials’ market cap was USD 922.95 billion in 2018. With the increasing number of market players and improved cash flow, the market indicators point towards USD 1134.65 billion – market cap by 2026. All of the factors add up to a CAGR of 2.63 % from 2019 to 2026.
Top packaging companies in the world
Amcor
Amcor is a worldwide innovator in creating and delivering mindful bundling for food, refreshment, drug, clinical, home-and individual consideration, and different items. Amcor works with driving organizations around the globe to ensure their items and the individuals who depend on them are benefitted properly. Due to this approach, the brand has been regarded as the most reliable organization in the list of packaging companies.
Ball Corporation
Ball Corporation is one of the leading packaging companies that aims to supply innovative, sustainable packaging solutions for beverage, personal care and household products customers. With the rising demand for environment-friendly products, Ball has emerged as the most advanced company in the list.
Get | Download Sample Report @ https://www.verifiedmarketresearch.com/download-sample/?rid=19738&utm_source=Free&utm_medium=004#download-report
Crown Holdings
Crown Holdings is an overall chief when it comes to planning, assembling, and offering bundling items and gear for buyers. Crown’s packing is considered to be the most long lasting one among the packaging companies. Its portfolio also boasts of steel and aluminum jars for food, refreshment, family unit and other buyer items. In addition, glass bottles for refreshment items are the flagship products sold by the Crown organization.
International Paper
International Paper is one of the main worldwide makers, among packaging companies, of sustainable fiber-based bundling. The business enterprise carries out its activities in North America, Latin America, Europe, North Africa and Russia. The company is known for producing folded bundling items that ensure full protection.
Mondi
Mondi, face of packaging companies’ industry, is a worldwide pioneer in bundling and paper industry. The company is dedicated to making inventive bundling wraps and paper arrangements that support the idea of saving the environment. With its state-of-the-art machinery, the brand has been regularly improving itself to match with the froing demand of packaging materials across the globe.
Owens Illinois
Owens Illinois is regarded as one of the largest manufacturers of glass containers across the globe. With its unique technology and strong network, the company has managed to make its name to the top 10 list of packaging companies.
Reynolds Group
New Zealand-based company, Reynolds Group, is the leading supplier of complete end-of-line solutions. With a diffusion of performance with reliability, the company has put its eyes on becoming the global giant offering end-to-end umbrella products in the market filled with packaging companies.
Sealed Air Corporation
Sealed Air Corporation believes in offering products that impact the life of the users. In addition to this the company offers value-added products that are eco-friendly as well. Moreover, the company is recognized for its quality products that have a longer life as compared to the counterparts present in the packaging companies’ market.
Ask For Report Details @ https://www.verifiedmarketresearch.com/product/packaging-materials-market/?utm_source=Free&utm_medium=004
Smurfit Kappa
Smurfit Kappa is the leader of paper-based packaging solutions providers’ market segment. As the demand for paper-based products is increasing, so does the capital inflow of the organization to increase the output to match the rising demands across the globe. With this the company has become the most eco-friendly organization in the catalogue of packaging companies.
Stora Enso
Stora Enso is the chief provider of renewable items that have a positive impact on the environment as well as the life of its consumers. It offers one-stop solutions for those who wish to use paper-based products. With its one-of-a-kind portfolio, the brand has pushed itself to the top 10 list of packaging companies.
WestRock
WestRock is aimed to offer packaging solutions to drive sustainable growth. It is one of the only few companies that offer quality products consistently along with world-class services since inception. Neither the high product quality nor the service quality have changed since the inception of the global packaging giant in the catalogue of packaging companies.
For More Information @ https://www.verifiedmarketresearch.com/download-sample/?rid=19738&utm_source=Free&utm_medium=004#download-report
About us –
Verified Market Intelligence is a BI enabled database service with forecasted trends and accurate market insights on over 20,000+ tracked markets helping organizations globally with their market research needs. VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment and Key players for emerging and niche markets.
Try Our New Dashboard :- https://www.verifiedmarketresearch.com/dashboard/?utm_source=Free&utm_medium=004