Berry Global Group Inc - Company Profile
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Business Description
Berry Global Group Inc (Berry Global) is a manufacturer and supplier of plastic consumer packaging, non-woven speciality materials and engineered materials. The company’s products find application in food and beverage, household, healthcare, and personal care sectors. Berry Global’s offerings mainly include closures, prescription vials, speciality films, adhesives, non-wovens, drink cups, containers, jars, lids, medical device, trays, tubes, tubs, and bottles. The company has operational presence in the US, China, Mexico, Canada, France, India, Brazil, the Netherlands, Germany, the UK, Argentina, Colombia, Italy, Belgium, and Spain.
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R&D Overview
Berry Global Group Inc has undertaken several R&D initiatives, focusing on innovation and collaboration. The company believes in the value of its people and ensures that every employee has the power to innovate. Berry Global Group Inc recognizes that innovation is rarely achieved alone, hence it ensures a collaborative team environment. The company's cross-functional teams leverage a dedicated toll-gate innovation process to identify potential solutions that meet customer success criteria. The company also focuses on delivering breakthrough solutions through its world-class R&D experts, with a particular emphasis on meeting sustainability commitments. Berry Global has over 40 design and innovation centers. The company follows systematic Stage-Gate innovation ideation processes and has leading material science and resin technology analysts. In FY2023, it spent US$82 million on R&D, which accounted 0.6% of the company’s revenue.
Business Segments
- Consumer Packaging International
- Consumer Packaging North America
- Engineered Materials
- Health, Hygiene & Specialties
Overview
Offers rigid products that primarily services non-North American markets. It offers closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, containers, and technical components.
Performance
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Overview
Offers rigid products that primarily services North American markets. The product groups within this segment include containers and pails, foodservice, closures, bottles and prescription vials, and tubes. Serves various industries, including food and beverage, healthcare, and personal care.
Performance
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Overview
Offer flexible products that primarily services North American and European markets. The product groups within this segment include stretch and shrink films, converter films, institutional can liners, food and consumer films, retail bags, and agriculture films.
Performance
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Overview
The Health, Hygiene & Specialties segment is a manufacturer of non-woven and related products that services global markets. The product groups within this segment include healthcare, hygiene, specialties, and tapes.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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