Top 10 Packaging Companies in Europe in 2021 by Revenue
Tetra Laval International SA, Amcor Plc, Stora Enso Oyj, Smurfit Kappa Group Plc, and UPM-Kymmene Corp are the top 5 packaging companies in Europe in 2021 by revenue. Collectively, the top 10 packaging companies in Europe generated revenue of $98,353 million, where Tetra Laval International SA ($16,271 million) has the highest, followed by Amcor Plc ($11,052 million) and Stora Enso Oyj ($12,018 million), while Krones AG stood lowest ($4,298 million). The highest revenue increase was registered by Stora Enso Oyj (18.8%), followed by Smurfit Kappa Group Plc (18.5%), and Mondi Plc (15.9%), while the company DS Smith Plc had a revenue growth decrease of 1.1% respectively. In terms of the geographical split, 3 out of the top 10 packaging companies in Europe (Amcor Plc, DS Smith Plc, and Mondi Plc) are based in the United Kingdom, while 3 (Stora Enso Oyj, UPM-Kymmene Corp, and Metsa Group) are based in Finland, and the remaining companies are based in Switzerland, Ireland, Luxembourg, and Germany. They have employed a total of 253,876 people in 2021. Switzerland-based Tetra Laval International SA is the leading packaging company in Europe in 2021 (by revenue). The company reported revenues of $16,271 million for the fiscal year 2021 (FY2021). The company develops, manufactures, and markets equipment and completes systems for animal husbandry and milk production. TLI operates through the companies Tetra Pak, Sidel, and DeLaval, which carry out the development of technologies for the packaging and distribution of food. It is headquartered in Pully, Waadt, Switzerland, and employs 35,557 people in FY2021. The United Kingdom-based Amcor Plc is one of the leading packaging companies in Europe in 2021 (by revenue). The company reported revenues of $11,052 million for the fiscal year ended June 2021 (FY2021), an increase of 3% over FY2020, growth in revenue and adjusted EBIT was due to 4% organic growth, higher volumes, and synergy benefits related to the Bemis acquisition. The company offers rigid containers, flexible packaging, specialty cartons, and closures. It serves beverages, food, medical devices, pharmaceutical, personal care, and home, and other consumer goods sectors. The company operates through 225 sites in over 40 countries across Europe, Latin America, North America, Africa, and the Asia Pacific. It is headquartered in Bristol, England, the UK, and employs 37,000 people in FY2021.