Top 10 Flexible Packaging Companies in the World in 2021 by Revenue
International Paper Co, Berry Global Group Inc, Ball Corp, Tetra Pak International SA, and Amcor Plc are the top 5 flexible packaging companies in the world in 2021 by revenue. Collectively, the top 10 flexible packaging companies generated revenue of $115,789 million, where International Paper Co ($19,363 million) has the highest, followed by Berry Global Group Inc ($13,850 million) and Ball Corp ($13,811 million), while Sonoco Products Co stood lowest ($5,590 million). The highest revenue growth was registered by Crown Holdings Inc (21.3%), followed by Smurfit Kappa Group Plc (18.4%), and Berry Global Group Inc (18.3%), while the companies DS Smith Plc had a revenue decline of 1.1%. In terms of the geographical split, 5 out of the top 10 flexible packaging companies in the world are based in North America, while 5 companies are based in Europe. They employed a total of 288,009 people in 2021. The United States of America-based International Paper Co is the leading flexible packaging company in the world in 2021 (by revenue). The company reported revenues of $19,363 million for the fiscal year ended December 2021 (FY2021), an increase of 10.2% over FY2020, driven by improvement through operational, commercial, and investment excellence. It is a manufacturer of packaging products. It offers fiber-based packaging and pulp and paper products such as coated and uncoated paper, pulp, consumer packaging, and industrial packaging for several products including printing and writing papers to containerboard, corrugated sheets, and folding carton boards. It is headquartered in Johannesburg, Gauteng, South Africa, and employs 38,200 people in FY2021. Africa, and employed 38,200 people in FY2021. The United States of America-based Berry Global Group Inc is one of the leading flexible packaging companies in the world in 2021 (by revenue). The company reported revenues of $13,850 million for the fiscal year ended October 2021 (FY2021), an increase of 18.3% over FY2020, growth in revenue was due to an increase in organic volume growth by 3% and a decline in inflation rates in FY2021. The company is a manufacturer of plastic consumer packaging, nonwoven specialty materials, and engineered materials. The company provides packaging for products like food and beverage, household, healthcare, and personal care. The company operates 109 manufacturing facilities in the United States and Canada; 128 in Europe; and 45 in the Rest of the World. It is headquartered in Evansville, Indiana, the US, and employed 47,000 people in FY2021.