Market Share of Beverage Packaging Industry
The beverage packaging market is highly fragmented due to the presence of both global players and small and medium-sized enterprises. Players in the market are adopting strategies such as partnerships, mergers, acquisitions, product innovations, and investments to enhance their product offerings and gain sustainable competitive advantage.
- June 2024: Coca-Cola India initially introduced a one-liter bottle crafted entirely from 100% recycled PET (rPET) for its renowned Kinley brand. Building on this success, the company furthered its commitment to sustainability by launching Coca-Cola in rPET pack sizes of 250 ml and 750 ml variants. These eco-friendly bottles are being produced in collaboration with Coca-Cola's bottling partners, Moon Beverages Ltd and SLMG Beverages Ltd.
- April 2024: Amcor PLC, a global provider of packaging solutions, launched a one-liter polyethylene terephthalate (PET) bottle for carbonated soft drink use that is made from 100% post-consumer recycled (PCR) content. This first-of-its-kind stock option will support customers as they strive to meet sustainability commitments and requirements. This new one-liter stock option made from 100% PCR helps a brand to benefit from increased speed to market while addressing the increased consumer demand and legislative requirements for post-consumer recycled content.
- March 2024: Varun Beverages Ltd, PepsiCo鈥檚 franchise bottler, acquired South Africa-based Beverage Company (BevCo) along with its wholly-owned subsidiaries. BevCo holds franchise rights from PepsiCo in South Africa, Lesotho and Eswatini. It also has distribution rights for Namibia and Botswana.
Beverage Packaging Market Leaders
-
O-I Glass Inc.
-
Tetra Laval International SA
-
Ball Corporation
-
Ardagh Group
-
Amcor PLC
*Disclaimer: Major Players sorted in no particular order
