Penetration Of E-Commerce Platforms and Expanding Logistics: Wide Range of Packaging Solutions by Top 10 Retail Ready Packaging Companies

Retailers can easily stock and display products with retail ready packaging. It provides manufacturers with an affordable way to maintain the image of their brands. Retail ready packaging focuses on recyclability. This packaging assists sellers in reducing the amount of waste that ends up in landfills as it uses less plastic. Retail ready packaging solutions are gaining popularity in the cosmetics and food & beverage industries as they are compact, lightweight, and easy to use.

As per a report by Fortune Business Insights™, the market for retail ready packaging reached USD 88.74 billion in 2023 and is set to reach USD 140.02 billion in 2032 with a CAGR of 5.29% during 2024-2032. The market is also is set to be valued at USD 92.69 billion in 2024.

Fortune Business Insights™ Profiles Top 10 Retail Ready Packaging Companies in the Market

1. Amcor

An Australian company, Amcor plc, exists in 43 countries and has situated over 220 production sites globally. It is a dominant business in manufacturing responsible pharmaceutical, medical, food, beverage, and personal care packaging. It produces reusable, lightweight, and prepared packaging with recycled content. In December 2022, Amcor plc declared at the international production and processing expo that the enterprise will welcome guests by showing retail packaging solutions and regular in-booth demonstrations of a completely integrated, production-ready new protein packaging line.

2. Mondi Group

Founded in 1967, Mondi Group is an international leader in sustainable packaging and paper business across 100 manufacturing sites in over 30 countries. The company is fully combined across the value chain, from handling paper and plastic films and forests to making pulp and producing effective consumer and industrial packaging solutions. In February 2021, Mondi increased its sustainable e-commerce selection to ship fresh food and introduced BcoolBox. This 100% reliable and recyclable packaging solution preserves perishable food cool while shipping and enables online retailers to boost their geographical reach for deliveries.

3. DS Smith plc

A U.K.-based DS Smith works in over 30 countries and employs over 30,000 people globally. It is one of the top suppliers of sustainable packaging solutions, recycling services, and paper products. It offers redefined packaging for changing the world and functions closely with its partners to integrate renewable resources for products to reduce environmental impact. In June 2021, DS Smith created a modular display portfolio for one of the renowned chocolate brands, Milka. This product is introduced to endorse the range of flavors of Milka chocolate bars appealingly to customers at the point of sale.

4. Smurfit Kappa

Established in 1934, Smurfit Kappa is one of the major suppliers of paper-based packaging solutions and one of the top retail ready packaging companies, with 355 manufacturing sites globally and locations in 22 countries in Europe and 13 countries in the Americas. Smurfit Kappa is the top company in Europe in making containerboard, corrugated packaging, and bag-in-box packaging, and it is the only Pan-American manufacturer of corrugated and containerboard packaging. In January 2023, Smurfit Kappa declared a USD 33 million investment in Fortaleza, Brazil, to boost the capacity of its plant and fulfil the rising demand for innovation and sustainable packaging.

5. International Paper Company

International Paper Company is based in the U.S. It is a top manufacturer of fiber-based products and produces packaging solutions that encourage and defend goods and permit global commerce. It manufactures renewable basic materials, including tissue, pulp for diapers, and other personal care products. In December 2021, International Paper Company manufactured an advanced corrugated packaging plant in Atglen, Pennsylvania. It increases its footprint and continues attending to its customers with the main safety, operational excellence, quality, and customer service.

6. WestRock Company

WestRock Company was founded in 2015. It has over 300 manufacturing facilities globally. It is a prominent manufacturer of sustainable, fiber-based packaging solutions. The establishment has mechanical engineers, material scientists, and production experts using foremost technology and science to drive change in packaging. In December 2022, WestRock Company declared the acquisition of the unresolved interest in Grupo Gondi in a contract valued at USD 970 million.

7. Weedon Group Ltd

The U.K.'s leading integrated corrugated packaging group, Weedon Group, was founded in 1987. It serves all sectors of the display and corrugated packaging market. The business invested heavily in hi-tech equipment and is the industry's important modernizer of new products. In September 2021, Weedon created a new easy-assemble box for eRetailers, offering packaging security for online purchases and speeding up e-commerce packaging lines.

8. Belmont Packaging Limited

Formed in 1978, Belmont Packaging manufactures sustainable packaging solutions with a full range of services, such as design, printing, material testing, and distribution. It offers products that have as less environmental impact as possible and decrease carbon footprint. In August 2020, Belmont Packaging Limited introduced gloss-finished boxes, a custom box that assists customers' brand stand out.

9. Visy

Headquartered in Australia, Visy is one of the top retail ready packaging companies in resource recovery and packaging and has been an innovator in sustainability. The company's production and logistic capabilities are controlled around a closed loop. Visy exists in over 140 sites throughout Australia and has trading offices across Europe and Asia. In May 2023, Visy purchased brand hardware and retail business Zenexus, a privately owned distributor and provider of moving and storage boxes. It enabled Visy to join sister company Pratt Industries in the U.S. with a retail business unit called Visy Retail Services.

10. Atlantic Packaging Products Ltd

A privately owned company, Atlantic Packaging Products Ltd was founded in Canada. It emphasizes improvement and technology for customers demanding sustainable packaging options, high-performance materials, and distribution. It offers these solutions to customers in North and Central America. In October 2020, Atlantic Packaging Products Ltd. declared the addition of a new 100% recycled paper machine in Ontario. These machines in North America manufacture 4,00,000 tons of high-performance, lightweight liners per annum.

Deployment of Innovative Features in Retail Ready Packaging to Create Numerous Growth Opportunities

Top retail ready packaging companies are offering innovative retail ready packaging solutions to increase brand awareness. Brands are incorporating lively graphics, interactive features, and creative structural designs into retail ready packaging to remain competitive. Increasing penetration of e-commerce platforms and expanding supply chains and logistics are paving the way for retail ready packaging producers.