Almost every product comes in packaging. Packaging has become a staple for every business, whether it’s food, pharmaceuticals or cosmetics. The use of packaging has drifted to an excessive level lately and we couldn’t complain because packaging is crucial to every product. However, many top packaging companies are switching to sustainable packaging solutions to reduce their carbon footprint. Obviously, this kind of thoughtful gesture makes them one of the top packaging companies in the world. Below is the top packaging companies list in the world that are dominating the packaging market and making thoughtful decisions.
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Unwrapping Excellence: Discover the Top Packaging Companies List in the World
Packaging can seriously make or break your business. A product’s perception solely lies in its packaging. Every business needs functional packaging to grow. Understanding the need for packaging, we have brought you the top packaging companies list in the world so you can make an informed decision for your business.
The ranking on list is based on the revenue every packaging company made in the year 2023.
1. Westrock
Net sales of WestRock were reported to be a whopping $20.3 billion for the year 2023, making it the top packaging company on our top packaging companies list in the world. It is an American company and the major sales it made were through its corrugated packaging segment.
2. International Paper CO.
With a revenue of $19.448 Billion, International Paper Co. deals in the manufacturing of packing material, pulp, printing paper and speciality paper products. Although this American company is facing a decline year over year, still it is the top packaging company globally.
3. Amcor
As for 2023 Amcor faced an increase of 1.03% from the previous year and earned a revenue of $14.694 Billion. Hence, securing a third place on the top packaging companies list in the world. Their rigid packaging, speciality packaging and flexible packaging are some of the largest contributors to their sales. They are a Warmley, England, UK based packaging company.
4. Ball Corporation—Top Packaging Companies List
With their multipurpose and recyclable metal packaging, Ball Corporation earned a revenue earning of $14.03 Billion in 2023. Ball Corporation is a Westminster US based packaging company. Their maximum customer reach is one of their most effective strategies which helps them stay at the top.
5. Oji Holdings
2023 proved to be a very profitable year for Japan-based packaging company Oji Holdings as well since the company retained an increase of approximately 16%. Their revenue reports show $12.5 billion in profits. Showing an increase of $1.8 billion from the previous year. Oji Holdings attributes this growth to its focus on innovation and its commitment to sustainability. Hence making it to the top packaging companies list in the world.
6. Berry Global Group Inc.
Year 2023 has been a rather less profitable year in terms of finances for Berry Global Group Inc. In 2023 with a decline of 12.3%, Berry Global’s revenue was $12,644 billion. Their branches at 285 different locations help them target maximum customers. However their headquarters is in Indiana, US.
7. Smurfit Kappa
One of the fastest growing packaging companies, Smurfit Kappa earned revenue worth applause in the year 2023. Their revenue for the year was $12.098 billion. This packaging company is based in Dublin, Ireland. Smurfit Kappa is a leading cardboard packaging company and their commitment to providing quality and sustainable packaging is helping them achieve fast growth.
8. Crown Holdings
With headquarters in the US, Crown Holdings’ major sales revenue comes from South America and Europe and adds to their yearly revenue. As for 2023, Crown Holdings hit a sale record worth $12.010 billion, making it to the top packaging companies list in the world.
9. Stora Enso
It’s a Finnish and Swedish packaging company and collected a revenue of $10.092 billion in the last year. Their products are based mostly on wood. They are the leading provider of renewable packaging products like biomaterials and wooden construction.
10. Mondi—Top Packaging Company List in The World
Based in UK, Mondi is also one of the rapidly growing packaging companies. This company targets customers across 30 different countries. They reported earning $9.20 billion in the last fiscal year. Their main products are paper-based packaging, flexible plastic and hybrid-based packaging solutions.
11. Graphic Packaging International
One of the largest dealers of fibre-based consumer packaging solutions, Graphic Packaging International earned a revenue of $9.6 billion in the year 2023. Graphic packaging International one of the Largest Packaging Company in USA. Their flexible films, multi-wall bags, corrugated boxes, folding cartons, paper board, food service packaging, and kraft or coated recycled board are huge sales.
11. Avery Dennison Corp-Top Packaging Companies List
Another billion-dollar company, Avery Dennison recorded a revenue of $9.25 billion in the last year. Initially, a label printing company based in Ohio, US, Avery Dennison is collecting immense success with their innovative and eco-friendly packaging solutions.
12. DS Smith
With a revenue of $8.806 billion in 2023, DS Smith a British packaging company is on the top packaging companies list in the world. They are one of the leading manufacturers of sustainable corrugated case materials. Besides, they also offer one of the best speciality papers and high-performance papers for packaging production.
13. Packaging Corporation of America
It’s a Lake Forest, Illinois, US-based company and earned a revenue of $7.843 billion in 2023. Their diversity of products helps them earn swift success in the packaging industry. From custom printing to corrugated packaging and shipping boxes, they serve them all.
14. Sonoco
Sonoco has been a leading packaging company since 1899, maintaining its prominent position in the industry. It’s also a US based company and has earned a revenue of $6.8 billion in 2023. They are on the top packaging companies list in the world because of their commitment to quality.
15. Veritiv
Faced a little setback from last year’s revenue but still managed to earn $6.09 billion as compared to $6.85 billion in 2022. Veritiv is a USA based packaging company and is on the top packaging companies list in the world. Their clients massively applaud their commitment to providing sustainable packaging solutions. They offer a diverse range of products and services including printing and packaging solutions, facility supplies, publishing paper, logistics and supply chain management.
16. Silgan Holdings
Despite a challenging year for Silgan Holdings, they still managed to earn $5.988 billion, which is a 6.6% decline from the previous year. A USA based company, they specialize in manufacturing packaging for consumer goods.
17. Pactiv Evergreen
As their name depicts, Pactive Evergreen are the advocates of sustainable packaging. Hence, it is a reliable packaging providing company for its clients. Their revenue for the year 2023 was $5.8 billion. It is a US based company and their eco-friendly products include food and beverage packaging.
18. Sealed Air—Top Packaging Companies List in the World
It’s a North Carolina One of the Best US based company and offers incredible packaging services in 114 different countries worldwide. This company has seen substantial growth in the last fiscal year. They secured a revenue of $5.517 billion in 2023. Their products include diverse custom printing and packaging solutions. From sustainable food packaging to logo design, they offer a complete packaging and printing solution.
19. Grief
Headquartered in Delaware, Ohio, Grief Packaging Company has offices in 37 different countries. With 240 production houses, Grief is putting in a lot of effort and hence made it to the top packaging companies list in the world. Their revenue for 2023 is $5.219 billion. Their customers really appreciate and admire their excellent customer service, hence they have a lot of repeat/honest customers. Grief offers a wide range of products from industrial packaging to containers.
20. Coveris Holdings SA
Based in Vienna, Austria, this company handles offices in 20 different countries. Their revenue for the year 2023 was $2.5 billion, making them one of the top packaging companies in the world. The company offers diverse packaging options ranging from rigid plastic packaging to paper-cased packaging and film coatings. Besides, they also offer innovative and sustainable packaging solutions.
The packaging company market is unstable and unpredictable like any other market in the worldwide. Companies that offer innovative, thoughtful and customer-friendly services take a score over the others. All companies on our top packaging companies list in the world are doing their best to serve their clients with sustainable packaging solutions. However, the number game sometimes betrays.
FAQ’s
- What is the future of the Packaging Business in the World?
The future of the packaging business is continued emphasis on stability.
- Is the packaging business a profitable business ?
The packaging business is indeed a profitable business with nearly $10 billion worth and the industry is growing at a fast pace.
- Which region has the fastest growing packaging industry right now?
Asia-Pacific is the fastest growing packaging industry.
- Which country is best for packaging ?
China was the largest producer of paperboard and packaging paper worldwide in 2022, with a total production of 79.07 million metric tons.
