In 2020, the plastic film industry was valued at $183.46 billion. By 2026, it is expected to reach a value of $220.25 billion with a compound annual growth rate of 3% between 2021 and 2026.
Each year, more sustainable solutions come into effect as environmentally friendly manufacturing is essential for many plastic film producers. Sustainability plays a big part in the success of many plastic manufacturers and suppliers as customers often aim to use the most environmentally friendly plastics on the market. This list shows the top 10 plastic film manufacturers based on revenue.
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DuPont Teijin Films was established in the year 2000 as a joint venture between DuPont and Teijin Limited. This joint venture has since seen DuPont Teijin Film’s plastics used to make capacitors, durable cards, digital print & labels, electrical insulation, flexible electronics, polyester films for packaging, photovoltaics and polymers. In 2020, a revenue of $227 million was achieved by DuPont Teijin Films.
DuPont produces PVF film-based back sheets which can be found in many solar panels around the world. There are around 900 million solar panels in the world, half of these solar panels have DuPont materials in them!
Based in Winnipeg, Canada, Winpak Ltd provide plastic packaging for dairy, protein, food & beverage, and healthcare.
Winpak’s product innovations include EcoWrap, MultiBarrier Films, Semi-Rigid Films and Horizontal Flowpak. As it stands, Winpak currently boasts an annual revenue of $853 million and employ over 2200 workers.
Did you know that Winpak’s Winnipeg location (Winpak Division) runs on 98.5% hydroelectricity – a clean and renewable source of energy? This is one of the many ways in which Winpak strive to minimise their impact on the environment
Printpack Holdings, Inc are a plastics manufacturer based in Atlanta, Georgia, U.S. Printpack produces several food packaging items for beverages, bread, dairy, coffee & tea, condiments, and confectionery. Alongside this, Printpack also produces non-food packaging for household supplies, lawn & garden, medical packaging, and personal care.
Printpack specialises in post-consumer recycled (PCR) plastic. This has made it easier to connect with sustainability-minded customers around the world. Currently, Printpack has an annual revenue of $1.3 Billion and employ over 3850 workers.
Founded in 1991, Inteplast Group is North America’s largest manufacturer of integrated plastics. With over 7,400 employees, Inteplast’s annual revenue is currently $2 Billion.
Headquartered in Livingston, New Jersey, Inteplast provide biaxially oriented polypropylene (BOPP), stretch-wrap films, plastic concentrates & compounds, trash can liners, fluted & corrugated-plastic sheets, cross-laminated films and more.
Inteplast’s 575-acre manufacturing facility in Lolita, Texas is supported with the most innovative technology available. State-of-the-art plants have been developed at the site, the largest of their kind in the world. The combined capacity of these plants exceeds one billion pounds of finished goods annually.
Headquartered in Lyndhurst, New Jersey, Sigma Plastics Group is North America’s second-largest producer of plastic film and sheet. Founded in 1979, the company now have a revenue of $2.1 Billion and employ a workforce of over 5,000 strong.
The first Sigma manufacturing plant opened its doors back in November 1993. Since then, three more plants have opened in the United States and one in Ontario, Canada.
Hartsville, South Carolina, U.S, is the home of plastic film manufacturer Novolex Holdings, who produce food packaging such as bags, can liners, food contact bags, containers, wraps and liners. Novolex’s production of non-food-based packaging includes roll stock, lidding, bags, and personal protective equipment (PPE). Novolex currently has an annual revenue of $2.13 Billion and employ over 10,000 workers.
Avient, formerly known as Polyone, are a manufacturing company based in Avon Lake, Ohio, U.S. The company produce plastic packaging solutions for food, cosmetics, personal care, household, healthcare, and industrial sectors.
Many of Avient’s packaging solutions are made with specialised sustainable materials that enhance performance and protect the environment. Currently, Avient has a revenue reported at $3.24 billion with over 8,400 employees.
Sealed Air Corporation are a packaging manufacturer based in Charlotte, North Carolina, U.S. Back in 1957, Alfred W. Fielding and Marc Chavannes created a new form of wall covering consisting of two laminated plastic sheets containing air bubbles in between. This eventually became the protective packing material that we know today, bubble wrap. In 1960 the Sealed Air Corporation was founded with bubble wrap posing as the company’s leading signature brand.
Today, Sealed Air Corporation have a revenue of $4.79 billion, 106 manufacturing facilities, more than 16,500 employees, 177 countries/territories served and 39 packaging design & application centres.
Amcor PLC is a leading provider in the development and production of packaging solutions for food & beverage, healthcare, home care, personal care, pet care and technical applications. Based in Zürich, Switzerland, Amcor has a workforce of over 47,000 with a revenue of $12.8 Billion.
Back in January of 2018, Amcor pledged to develop all of its packagings to be either recyclable or reusable by 2025. Alongside this, Amcor also continues to increase its own use of recycled content and collaborate to increase rates of recycling across the globe.
Amcor CEO, Ron Delia stated “For all that we have accomplished so far, we firmly believe that Amcor is just getting started. Better packaging makes for a better world – for customers and consumers, investors, the environment and our team.”
Based in Evansville, Indiana, U.S. Berry Plastics has the largest revenue out of the list for 2020 with $13 Billion. With such a big revenue, it is no surprise that Berry Plastics have a large workforce of 47,000-strong to match their high demand.
Berry’s wide range of everyday plastic products includes bottles, containers, drinking cups, jars, lids, straws, stretch film, tapes, trach bags, shrink films and more. These products are used across markets such as food & beverage, building & construction, healthcare, household, hygiene, and beauty.
Berry has recently undertaken a focus on utilising renewable energy and reducing greenhouse gas emissions. In Berry’s 2020 Impact Report, Executive Vice President, Rodgers Greenawalt stated “Despite a global pandemic, we achieved a 7.5% reduction in market-based GHG emissions and increased our efforts to purchase renewable energy, setting a record high for Berry’s history.”
The value of the plastic films market continues to grow and shows no sign of slowing down anytime soon. This growth is fueled by the innovation of manufacturers who constantly seek out the best plastic film solutions.
Here is a list of the top growers within the plastic film industry –