Top Five Vendors In The Global Molded Plastic Packaging Market From 2016 To 2020

Top Five Players in the Global Molded Plastic Packaging Market from 2016 to 2020

10-Aug-16

The global molded plastic packaging market will see a steady growth with a CAGR of over 5% from 2016 to 2020, as per Technavio. Molded polyethylene terephthalate (PET) is emerging as the most favored polymer or material for packaging as it provides flexibility and is versatile.
The global molded plastic packaging market is competitive with the presence of several vendors offering various blow molded plastic packaging products. The competitive environment in this market is expected to intensify in the future, with an increase in product extensions, innovations in technology, and more merger and acquisitions. Some of the major players in this market include Alpha Packaging, APEX Plastics, Plastipak Holdings, Sidel, and Silgan Plastics. “Vendors compete on the basis of product offerings, differentiation, specialization, and pricing. The major customers of molded plastic packaging products are distributed across verticals, including food and beverage, pharmaceuticals and healthcare, and consumer goods. Some of the product offerings in this market include blow molded containers, blow molded plastic bottles and jars, plastic tubs, and pots,” says Sharan Raj, a lead analyst at Technavio for packaging research. Vendors like Bemis, the RPC Group, and Berry Plastics made strategic acquisitions for expanding their product portfolio and geographical footprints across the world. The RPC Group and Silgan Holdings focus on product launches globally for increasing their customer base. The RPC Group focuses on sectors like food and beverage, cosmetics, and consumer products for its product launches. Silgan opened two new manufacturing plants, through its business unit Silgan Plastics, for increasing its production capacity in this market.

Technavio has identified the following key vendors:
Alpha Packaging- The company was founded in 1969 and is headquartered in St. Louis, Missouri, US. It manufactures bottles and jars made from high-density polyethylene, polyethylene terephthalate, polypropylene, and polylactic acid. The company provides a variety of standard colors in both PET and HDPE packaging. Alpha Packaging specializes in injection blow molding, extrusion blow molding, and injection stretch blow molding. It operates eight manufacturing facilities in North America and one in Europe. Its warehouse is in Southern California, US. The company, through its offerings, serves the nutrition, pharmaceutical, consumer chemical, personal care, and food and beverage markets.

APEX Plastics - The company was founded in 1970 and is headquartered in Brookfield, Missouri, US. It is a plastic blow molding manufacturer. The company produces a range of blow-molded bottles, containers, and specialty parts in various sizes ranging from 2-ounce to 128-ounce bottle capacity. It specializes in proprietary and custom blow-molded bottles, containers, and shapes. APEX Plastics is a part of Plastic Companies Enterprises (PCE). APEX Plastics operates under the plastics group division of PCE.

Plastipak - Plastipak was founded in 1967 and is headquartered in Plymouth, Michigan, US. The company, through its subsidiary Plastipak Packaging, designs and produces rigid plastic containers made for the food, personal care, beverage, automotive and industrial, consumer cleaning, and specialty products markets worldwide. Plastipak also has its other headquarters located in Brazil, which targets Latin America and the one in Italy targets Europe. It also has on-site manufacturing facilities, sales offices along with development centers located in North America, Latin America, and Europe. It operates around 37 sites and holds over 420 US patents for its package designs and manufacturing processes.

Sidel - Sidel was founded in 1965 and is headquartered in Hünenberg, Switzerland. It is a provider of PET solutions for liquid packaging. The company mainly focuses on producing PET packaging solutions such as beverage packaging and equipment solutions. The company provides various solutions that are designed to meet varied customer requirements from blowing to filling, labeling and packing, to palletizing. It provides equipment for blowing machines, labeling machines, filling machines, blowing-filling-capping systems, complete lines, and end of line solutions.

Silgan - Silgan was founded in 1987 and is headquartered in Stamford, Connecticut, US. The company manufactures and markets rigid packaging for shelf-stable food and other consumer goods worldwide. The company operates 89 manufacturing plants across 22 countries. Some of the major customers of the company include the Andros Group, Bayer, Berlin Packaging, Campbell Soup, ConAgra Foods, Del Monte, and Dean Foods.