Amcor Plc, DS Smith, Klöckner Pentaplast have Dominated the Global Hot Fill Packaging Market in 2020

Global Hot Fill Packaging Market is expected to grow with a CAGR of 4.3% in the forecast period of 2021 to 2028. The years considered for the study are as mentioned below.

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Global hot fill packaging market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to favorable market scenarios.

The major players dealing in global hot fill packaging market are introducing a strong range of product portfolios. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In July, 2021, Graham Packaging Company obtained the patent rights for the method of blow molding a plastic container. This helped the company to increase the product portfolio, thereby increasing the sales and revenue

Amcor plc is dominating the market and the other players in the market are United States Plastic Corporation, Berry Global Inc., Imperial Packaging, DS Smith, Samkin Industries, Smurfit Kappa, RESILUX NV, SAMYANG PACKAGING CORPORATION, MJS Packaging, Gualapack S.p.A.,   E-proPLAST GmbH, LOG Plastic Products Company Ltd., Klöckner Pentaplast, Kaufman Container, Pipeline Packaging, Graham Packaging Company, SMYPC, and Borealis AG among others.

https://www.databridgemarketresearch.com/reports/global-hot-fill-packaging-marketAmcor plc

Amcor plc, has headquarters in Australia and was founded in 1926.  The company is focused in on providing the excellent packaging material for all types of end users in order to meet the growing demands for the hot fill packaging. The company wide range of product categories such as Pharma and Medical, Consumer Packaging, Food Packaging, Labels, Cards and Graphics, Home Building and Construction and Consumer Packaging is the market focused category.

For instance,

  • In April 2019, Amcor plc launched new recyclable packaging that can reduce a pack's carbon footprint by up to 64%. This product launch helped the company to increase the product portfolio and increase their sales

The company has a presence in North America, South America, Europe, Asia-Pacific.

DS Smith

DS Smith is headquartered in U.K. and was established in 1978. The company focuses on the manufacture of corrugated case materials and specialty papers, providing recycling and waste management services and plastic packaging. The company offers various product categories such as Packaging Solutions, Recycling Services, Paper Products among which Packaging Solutions focused category.

For instance,

  • In July 2021, DS Smith launched an e- commerce platform into the European region and their existing U.K. e-commerce platform. This benefitted the company for the expansion of its digital operation

The company has a presence in Europe, Asia-Pacific, Americas, and Africa.

Klöckner Pentaplast

Klöckner Pentaplast is headquartered in Germany and was founded in 1965. The company is focused in on the innovation, design and manufacture for sustainable solutions that their customers use to package and protect products in daily solutions around the globe. The company offers various product categories such as Pharma and Medical, Consumer Packaging, Food Packaging, Labels, Cards and Graphics, Home Building and Construction, among which Consumer Packaging.

For instance,

  • In June 2021, Klöckner Pentaplast was awarded a gold rating by Ecovadis for their social and ethical performance. This benefitted the company to attract a larger consumer base and thereby increasing the sales and revenue

The company has presence in Americas, Europe, and Asia-Pacific.