Research

Amcor and Berry unite: Implications for the global packaging market

26 November 2024 14:14 RaboResearch

The Amcor-Berry Global merger forms a USD 25bn plastic packaging leader. It will drive innovation, efficiency, and reshape the competitive landscape.

Intro

The merger between Amcor and Berry Global represents a transformative moment in the packaging industry. This union combines two industry leaders to create a USD 25bn revenue leader with unparalleled scale and capabilities. Combining Amcor’s expertise in flexible packaging with Berry’s strength in rigid plastics and operational efficiency, the new entity aims to drive innovation and meet evolving market demands.

Projected synergies of USD 650m, bolstered by a robust R&D pipeline and expanded global reach, will enable the merged company to set benchmarks in cost efficiency, product diversity, and environmental accountability. This consolidation reshapes the competitive landscape, compelling rivals to scale up or innovate, intensifying challenges for smaller players and shifting supply dynamics for material providers.

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