Top 10 Packaging Companies in the World in 2021 by Revenue
International Paper Co, Westrock Co, Tetra Laval International SA, Berry Global Group Inc, and Ball Corp are the top 5 packaging companies in the world in 2021 by revenue. Collectively, the top 10 packaging companies generated revenue of $135,866 million, where International Paper Co ($19,363 million) has the highest, followed by Westrock Co ($18,746 million) and Tetra Laval International SA ($16,271 million), while UPM-Kymmene Corp stood lowest ($11,605 million). The highest revenue increase was registered by Stora Enso Oyj (18.8%), followed by Smurfit Kappa Group Plc (18.4%), and Berry Global Group Inc (18.3%), while the companies Oji Holdings Corp had a revenue growth decrease of 9.9% respectively. In terms of the geographical split, 4 out of the top 10 packaging companies in the world (International Paper Co, Westrock Co, Berry Global Group Inc, and Ball Corp) are based in the United States of America, while 2 (Stora Enso Oyj and UPM-Kymmene Corp) are based in Finland, and the remaining companies are based in Switzerland, Japan, the UK, and Ireland. They have employed a total of 355,414 people in 2021. The United States of America-based International Paper Co is the leading packaging company in the world in 2021 (by revenue). The company reported revenues of $19,363 million for the fiscal year ended December 2021 (FY2021), an increase of 10.2% over FY2020, driven by improvement through operational, commercial, and investment excellence. It is a manufacturer of packaging products. It offers fiber-based packaging and pulp and paper products such as coated and uncoated paper, pulp, consumer packaging, and industrial packaging for several products including printing and writing papers to containerboard, corrugated sheets, and folding carton boards. It is headquartered in Johannesburg, Gauteng, South Africa, and employs 38,200 people in FY2021. Westrock Co is one of the leading packaging companies in the world in 2021 (by revenue). The company reported revenues of $18,746 million for the fiscal year ended September 2021 (FY2021), an increase of 6.6% over FY2020, revenue and operating profit increased due to higher selling prices and higher volumes. It manufactures and distributes container board and paperboard products such as cartons, coated paperboard, retail displays, and automated packaging systems, and merchandising displays. The company offers container board, kraft paper, and pulp, recycled liner board, coated white top liner board, corrugated medium, saturating kraft paper, white top liner board, specialty kraft paper, and fluff pulp. It is headquartered in Atlanta, Georgia, the US, and employs 49,900 people in FY2021.