Durability, Sustainability, and Product Safety Offered: Transformation in Packaging Done by Leading PET Packaging Companies

The packaging industry continues to make notable advancements in eco-friendly technologies to fulfil consumers' requirements. The adoption of PET packaging has increased as consumers are becoming more aware that a product’s shelf life may be extended with high-performance packaging. PET packaging solutions are durable, recyclable, and cost-effective. Several brands are using this packaging due to transportation convenience. Increasing demand for environmentally friendly packaging and the excellent properties of PET are the key forces behind industry progress.

As per a report by Fortune Business Insights™, the market for PET packaging reached USD 41.03 billion in 2023 and is set to reach USD 66.28 billion by 2032 with a CAGR of 5.76% during 2024-2032. The market size stood at USD 42.34 billion in 2024.

Fortune Business Insights™ Profiles Top 10 Key Players in the PET Packaging Market

1. Amcor plc

Based in Australia, Amcor is a top pharmaceutical, food & beverage, medical, home & personal care packaging producer. The business is focused on the improvement in packaging that is lightweight, reusable, and recyclable. It operates in more than 43 countries with around 220 manufacturing sites. In May 2022, Amcor, in partnership with Danone, Paris, MI, and Ann Arbor, introduced a 1.5-liter label-free (rPET) bottle (Recycled Polyethylene Terephthalate) in Argentina for Danone's Villavicencio water brand. The new bottle (1.5 liters) includes mixed and virgin post-consumer recycle resins.

2. Berry Global

Founded in 1967 and based in the U.S., Berry Global is one of the top plastic packaging and leading PET packaging companies. It focuses on offering advanced packaging and engineered products to its consumers. In February 2023, Berry Global Healthcare introduced child-resistant PET bottles for the pharmaceutical syrup market. The bottles range from 20 - 1,000ml and have different designs, with eight supplementary closings including child-resistant and tamper-evident aspects. These PET bottles are lightweight and durable, making them convenient, harmless, break-resistant, and easy to manage during shipping.

3. Huhtamaki

•   ippingesistant, and easy to haHuhtamaki is a Finland-based prominent supplier of sustainable packaging solutions for customers globally. Its advanced products secure on-the-go and on-the-shelf food and beverages, confirm security and sanitation and support avoiding food waste. The company works in 37 countries and 114 locations. It is devoted to creating packaging that is more circular and ecological. In April 2022, Huhtamaki introduced a Push Tab blister lid created with mono-material PET, fully aluminum-free for the global pharmaceutical and healthcare industries. The PET blister lid enhances the recyclability of the packaging, providing sustainable packaging solutions for the developing healthcare industry.

4. Gerresheimer

Established in 1864, Gerresheimer is a German producer of packaging for the pharmaceutical and cosmetics industry. It offers advanced solutions for supplying the end product. It is a global partner for drug packaging and transportation methods with a wide product range for health, pharma, well-being, and biotech. In February 2023, Gerresheimer introduced a sustainable and handy clickable refill jar system for cosmetics. These glass jars are recyclable and produced with recycled and sustainable materials.

5. Klöckner Pentaplast

A top manufacturer of recycled content products and high-barrier protective packaging in Germany named Klöckner Pentaplast intended to offer sustainable protection for everyday necessities. The business specializes in manufacturing advanced trays and films, including blister packaging, that boost product safety, protect medication and medical devices, prevent food waste, and secure the purity of several durable products through pharmaceutical packaging. Klöckner Pentaplast functions in 18 countries and has 31 plants. In April 2022, Klöckner Pentaplast designated its Beaver, West Virginia facility for a multi-million dollar creation expansion and extra PET capacity for post-consumer recycled content (PCR) in North America.

6. Sidel

A French company, Sidel is a subsidiary of the Tetra Laval Group and some of the major PET packaging companies. It is a major supplier of services and equipment for packaging home & personal care, liquid, and food products in cans, glass, PET, and other materials. It operates in 50 locations globally and has one of the quickest, most flexible end-of-line solutions for the personal care market. In October 2022, Sidel presented the 1SKIN™ bottle, a label-less recycled PET bottle. The bottle is made for sensitive juices, flavored drinks, and teas. These bottles are created with readily available 100% recycled PET (r-PET).

7. Alpla Group

Situated in Austria, Alpla Group is one of the major makers of rigid plastic packaging and a frontrunner in creating advanced plastic packaging solutions. It offers solutions for pharmaceuticals, food & beverage, home care, beauty care, and other markets by supplying bottles, jars, canisters, tubes, buckets, closures, and different products. In May 2022, Alpla Group cooperated with Vöslauer and introduced returnable PET bottles that are sustainable and decrease carbon emissions by 30%. These bottles are made of fully recyclable PET mono-materials, which are 90% lighter than the returnable glass alternative.

8. EPOPACK

Taiwan-based EPOPACK is one of the primary producers and providers in the cosmetic packaging industry. It provides several superior containers across the globe. The company's top product range comprises PET heavy wall jars, PET heavy wall bottles, PP airless bottles, and others. It aims to create 100% post-consumer recycled (PCR) PET bottles. In March 2023, EPOPACK presented sustainable PET airless bottles for packaging beauty products. These bottles have very stylish and subtle designs, with the cap and base cap made of PET material. It is a trendy product that satisfies the sustainability goals of consumers.

9. Ampacet Corporation

Ampacet Corporation was founded in 1937. It is one of the global Masterbatch leaders, having 25 manufacturing sites in 18 countries (Americas, Asia, and EMEA). It provides an extensive variety of custom colors, special effects, white, black, and specialty additive Masterbatch for molding and numerous other applications and processes. In April 2023, Ampacet introduced PET packaging with a weathered glass effect appropriate for nutraceuticals, home care, and beauty. These bottles are refillable and improve the shelf appeal of the packaging.

10. Plastipak Packaging

Plastipak Packaging is a U.S.-based completely owned subsidiary of Plastipak Holdings. It is a leader in the planning and producing of outstanding rigid plastic containers for the consumer product and food & beverage industries. It is also one of the top recyclers of rigid plastic packaging, which manufactures food-grade post-consumer recycled (PCR) resin for integration in new packaging. It works in the U.S., Europe, and South America, with more than 40 manufacturing facilities. In October 2022, Plastipak presented a 100% recyclable all–polymer aerosol, the SprayPET Revolution container. These aerosol containers are 100% recyclable, and recycled PET can be involved in its body while producing other containers.

Top Companies Emphasize Customized PET Packaging Offerings to Boost Product Sales

The advent of e-commerce is driving the demand for PET packaging solutions as these packaging solutions are recyclable and address sustainability concerns in several end-use industries. The increasing need for customized PET packaging solutions in different sectors is pushing leading PET packaging companies to make innovations in the packaging sector. Top PET packaging solution providers are integrating cutting-edge features in the product, such as lightweight and easy-to-use. This is making significant strides in the industry landscape.