Beverage packaging is a lucrative and innovative business, with makers rooting for the most attractive yet sturdy designs that can push their brand on to the top shelf in retail markets.
Packaging industry is valued at more than USD 600 billion and is expected to reach around USD 770 billion by 2020.
While choosing a product, consumers look for three key qualities in their packaged beverage or food product – ease of transport, preservation and toughness.
Several companies today are pioneering in producing the most innovative packaging solutions and have engrossed large revenues through production. This article will elicit a few of those renowned companies from reliable sources.
Owens-Illinois
Owens-Illinois is one of the world’s foremost beverage container manufacturers. It is also one of the oldest packaging companies with a century of experience in crafting brand-building glass packaging for many food and beverage products such as beer, low alcohol refreshers, spirits, wine, food, tea, juice, and liquid medicines.
Its annual revenue stands at around USD 6 billion (from recently updated lists).
Sealed Air
With revenue declarations of around USD 7.7 billion in 2015, Sealed Air is a Multi-National Corporation with over 25,000 employees in 175 countries. Sealed Air recently acquired Diversey Inc. to expand its food and beverage unit.
Mondi
Mondi is an international packaging and paper Group, employing around 25,000 people across more than 30 countries. Its key operations are located in central Europe, Russia, North America and South Africa. Mondi‘s packaging segment develops innovative industrial and consumer packaging solutions.
The Company is valued at around EUR 6,600 million (approx. USD 7.5 billion).
Ball
Ball Corporation is a provider of metallic packaging for beverages, foods and household products. Founded in 1880, the company employs 15,000 people worldwide.
Ball Corporation stock is listed on the New York Stock Exchange (NYSE).
Crown Holdings
Crown Holdings is another high-value company that offers metal packaging technology for beverages. With operations in 40 nations and employing over 23,000 people, it has net sales of USD 9.1 billion and revenue of more than USD 8 billion.
The company focuses on supplying to developing economies in Asia, Eastern Europe, South America and the Middle East and North Africa.
Smurfit Kappa
Smurfit Kappa is a producer of paper-based packaging with around 45,000 employees across 34 countries and revenue of over USD 9 billion.
The company mainly manufactures paper-based packaging for food and beverage.
Amcor
Amcor supplies a broad range of both rigid and flexible packaging products for the food and beverage industries. It also caters to healthcare, home and personal care, and tobacco.
Amcor earns around USD 9.5 billion in revenues with a market capital of more than USD 13 billion.
Stora Enso
Stora Enso is provides renewable solutions in food and beverage packaging, biomaterials, wooden constructions and paper on global markets. Its revenue stands at over a whopping USD 10 billion.
WestRock
WestRock has been involved in several ground-breaking developments in packaging design for food and beverage among other industries.
WestRock is currently the second largest packaging Company in the US with revenue crossing USD 15 billion.
International Paper
International Paper is one of the largest fiber-based packaging experts for various industries including food and beverage.
With over 55,000 employees operating in 24 countries, it has annual revenue of nearly USD 24 billion.
