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AMCOR Recognized as A Market Leader in the “Top 21 Sustainable Packaging Companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant

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AMCOR Recognized as A Market Leader in the “Top 21 Sustainable Packaging Companies, Worldwide 2023” by MarketsandMarkets 360 Quadrant

August 29
17:05 2023
Explore the top sustainable packaging companies in the industry at 360 Quadrants. Our curated list highlights the top players, their innovative products, and market influence.

Sustainable packaging, also known as eco-friendly or green packaging, refers to optimizing the renewable and recycled source of materials using clean production and transportation technologies in order to effectively utilize and recover biological or industrial life cycle. The sustainable packaging approach aims to reduce waste, conserve resources, and decrease the carbon footprint associated with traditional packaging methods.

Even though there are multiple benefits of sustainable packaging, one significant hindrance to its widespread adoption is the initial investment required to transition from conventional packaging methods. Many companies are cautious due to concerns about increased costs, limited availability of eco-friendly materials, and the potential impact on product shelf life and protection. Addressing these challenges through innovation, collaboration, and a shared commitment to sustainability is essential for the continued growth of sustainable packaging across industries.

The Sustainable Packaging Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Sustainable Packaging. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 80 Sustainable Packaging companies of which the top 21 Sustainable Packaging companies were categorized and recognized as the quadrant leaders.

The 360 Quadrant effectively maps the companies based on factors such as revenue, geographic presence, growth strategies, investments, channels of demand, and sales strategies that were considered for the market presence of Sustainable Packaging’s quadrant. While the top criteria for product footprint evaluation included Material (Paper & Paperboard, Plastic, Metal, Glass), Process (Recycled, Reusable, Degradable), Function (Active, Molded Pulp, Alternate Fiber), Application (Food & Beverage, Healthcare, Personal Care, Others), Sustainable Initiatives, and Incorporation of PCR content.

Access Research Report @ 
https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market

AMCOR – The Market Leader

Amcor is one of the global leaders in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal care, and other products. The company was identified as the market leader in the 360 Quadrant owing to its robust presence, diverse product portfolio, and its reputation for excellence over the years. It offers products through brands like AmFoil, AmFiber, and EcoGuard. The AmFoil brand covers aluminum-based products and the AmFiber™ brand covers paper-based products. Whereas the EcoGuard™ brand facilitates various sustainable options across a range of materials. The products offered by the company are designed with sustainability attributes like, recyclability, reusability, lower carbon footprint, lightweighting, biomaterial, reusability, composability, etc.

Amcor is adopting various growth strategies such as acquisitions, expansions, and partnerships. Recently, in August 2023, the company expanded its footprint in Asia-Pacific with the acquisition of Phoenix Flexibles (India). In June 2023, the company announced the expansion of its AmFiber Performance Paper packaging range in Europe to include heat seal sachets for dry culinary and beverage applications, such as instant coffee, drink powders, spices, seasonings, and dried soups. Additionally, the company also invested in manufacturing capacity to meet growing demand for this kind of paper packaging. Earlier in November 2022, Amcor’s AmSky, a recycle-ready healthcare blister system innovation, won the U.S. Plastics Pact Sustainable Packaging Innovation Award in the Recyclability category. It is created using polyethylene (PE), which can be recycled through rigid and flexible packaging streams.

In January 2018, the company pledged to design all its packaging to be recycled, compostable, or reusable by 2025 and also committed to increase the amount of recycled content the company uses. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content.

Request Your Free Marketing Kit @ 
https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market

360 Quadrants Scoring Methodology

360 Quadrants employs a comprehensive and transparent scoring methodology to evaluate companies. It identifies relevant evaluation criteria, collects, and validates data from multiple sources, and employs an algorithm that considers parameter weights to generate scores. Normalization ensures fair comparisons, and the aggregated scores categorize solutions into quadrants such as Market Leaders, Contenders, Innovators, and Emerging Companies. This unbiased approach equips users with accurate information, empowering them to make well-informed decisions and select solutions that best suit their needs and objectives.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research and facilitates analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

360 Quadrants will also be launching 100 quadrants in Chemicals and Materials, Packaging, Energy & Power, and Healthcare.

Visit https://www.360quadrants.com to access our interactive quadrants.

Media Contact
Company Name: 360quadrants
Contact Person: Mr. Agney Sugla
Email: Send Email
Phone: +1-888-600-6441
Address:630 Dundee Road, Suite 430 Northbrook, IL 60062
Country: United States
Website: https://www.360quadrants.com/packaging-and-construction/sustainable-packaging-market