Top 10 Packaging Companies in Spain by Revenue (FY2024)

Spain’s packaging sector closed FY2024 with stable turnover across fibre, glass, pulp and rigid plastics, supported by resilient food production, agricultural exports and supermarket supply chain recovery.

Corrugated board remains the structural backbone of Spain’s retail logistics system. Glass continues to anchor beverage categories, while pulp and recycled fibre underpin cartonboard production. Multinational plastic and metal packaging groups maintain significant operational footprints across the Iberian market.

The following ranking reflects the Top 10 Packaging Companies in Spain by Revenue, based on FY2024 publicly available financial disclosures. Where companies are multinational groups, global revenue is stated and their Spanish operational footprint is clarified.

Top 10 Packaging Companies in Spain by Revenue

FY2024 revenues reflect official disclosures. Global turnover is shown for multinational groups operating in Spain.

1. SAICA Group

Founded in 1943 in Zaragoza, SAICA remains Spain’s largest domestically headquartered packaging group.

FY2024 revenue reached €3.662 billion.

Core segments:

• Recycled paper production

• Corrugated packaging

• Industrial packaging

• Circular waste management

SAICA operates a vertically integrated model linking recovered fibre collection, paper manufacturing and corrugated conversion. This integration provides supply stability for supermarket-ready packaging, fresh produce logistics and private label distribution.

Investment continues in circularity and energy efficiency, aligning with European packaging regulation.

2. Smurfit Westrock (Spain Operations)

Smurfit Westrock reported approximately $21.1 billion in global revenue in FY2024 following the Smurfit Kappa–WestRock merger.

Spain represents a significant European production base within its corrugated network.

Core segments:

• Containerboard

• Shelf-ready packaging

• Industrial fibre systems

The group plays a structural role in supermarket secondary packaging and export produce cartons.

3. Vidrala

Founded in 1965, Vidrala is Spain’s leading glass packaging producer.

FY2024 revenue reached €1.619 billion.

Core segments:

• Beverage bottles

• Food jars

• Premium glass containers

Spain’s wine, beer and olive oil industries underpin glass demand. Furnace modernisation and energy optimisation have supported operating stability.

4. Ence (Pulp/Bio)

Ence reported FY2024 net sales of €876.2 million.

Its pulp division supplies raw material for cartonboard and fibre packaging manufacturers across Spain and Europe.

Core segments:

• Bleached eucalyptus pulp

• Renewable biomass energy

While not a converter, Ence is structurally important to fibre-based packaging supply chains.

5. Hinojosa Packaging Group

Founded in 1947 in Valencia, Hinojosa reported FY2024 revenue of €795 million.

Core segments:

• Corrugated packaging

• Folding carton

• Fresh produce packaging

International operations now account for roughly one quarter of revenue, reinforcing its cross-border positioning.

Hinojosa is closely integrated into Spain’s agricultural export system.

6. Verallia (Spain Operations)

Founded in 2015 as an independent entity following its separation from Saint-Gobain, Verallia has developed into one of Europe’s largest glass packaging producers. While headquartered in France, Spain represents one of its key manufacturing markets.

FY2024 global revenue: €3 billion+.

Core segments:

• Glass bottles for wine and spirits

• Beer and beverage containers

• Food jars

Verallia operates multiple production facilities in Spain, supplying domestic beverage producers and export-oriented wine and olive oil sectors. The country’s strong wine and beer industries provide structural demand stability.

Within the Spain FMCG ecosystem, Verallia plays a critical upstream role in beverage packaging supply, while its output feeds directly into Spain supermarket private label and branded beverage categories.

Strategically, the company continues investing in furnace efficiency and recycled glass (cullet) integration to align with European decarbonisation targets and packaging regulation.

7. Alpla (Spain Operations)

Alpla maintains rigid plastic production facilities in Spain.

Core segments:

• PET bottles

• HDPE containers

• Dairy and beverage packaging

Rigid plastics remain dominant in dairy, water and household FMCG categories.

8. Amcor (Spain Operations)

Founded in 1860 and headquartered in Switzerland, Amcor is one of the world’s largest packaging companies. The group reported $13.6 billion in global revenue in FY2024.

Spain forms part of its European flexible packaging network, supporting food and FMCG manufacturing across Iberia.

Core segments:

• Flexible plastic films

• Barrier packaging for processed foods

• Packaging for snacks and ambient grocery

• Rigid plastic solutions for selected categories

Amcor’s Spanish operations are closely integrated into processed food, dairy, confectionery and private label supply chains. Flexible packaging remains dominant in these categories due to barrier protection, shelf life extension and lightweight transport advantages.

Within the Spain FMCG landscape, Amcor plays a significant upstream role in supermarket private label development, particularly in high-volume snack and ready-meal segments.

Strategically, the group continues investing in recyclable mono-material films and recycled content integration to align with European sustainability targets and retailer procurement standards.

9. Ball Corporation (Spain Operations)

Founded in 1880 and headquartered in the United States, Ball Corporation is one of the world’s largest aluminium packaging manufacturers. The company generated approximately $14.0 billion in global revenue in FY2024.

Spain forms part of Ball’s European beverage can production network, supplying domestic producers and multinational beverage brands operating across Iberia.

Core segments:

• Aluminium beverage cans

• Sleek and standard can formats

• Lightweight metal packaging solutions

Ball’s Spanish operations are closely linked to beer, carbonated soft drinks and energy drink categories. Metal cans remain structurally important within the Spain FMCG ecosystem, particularly due to strong beverage exports and tourism-driven seasonal demand.

In Spain supermarket distribution, aluminium cans dominate shelf space in beer and soft drink aisles, supported by recyclability performance and lightweight transport advantages.

Strategically, Ball continues investing in lightweighting and recycled aluminium content to align with European circular economy targets and decarbonisation pathways.

10. International Paper (Spain Operations)

Founded in 1898 and headquartered in the United States, International Paper is one of the world’s largest fibre-based packaging producers. The company reported $18.6 billion in global revenue in FY2024.

Spain forms part of its European containerboard and corrugated production network, supporting industrial and retail packaging demand across Iberia.

Core segments:

• Containerboard

• Corrugated packaging

• Industrial transport packaging

• Fibre-based shipping solutions

International Paper’s Spanish operations are integrated into food manufacturing, fresh produce logistics and industrial distribution systems. Corrugated packaging remains structurally important for Spain supermarket supply chains, particularly in shelf-ready formats and transport packaging for high-volume FMCG categories.

Within the broader Spain FMCG landscape, the company contributes to fibre availability and corrugated conversion capacity, reinforcing competitive dynamics alongside domestic leaders.

Strategically, International Paper continues focusing on operational efficiency, fibre optimisation and decarbonisation initiatives across its European footprint.

Market Structure Impact

Spain’s packaging market is shaped by three structural forces:

1. Strong domestic fibre-based leaders

2. Multinational corrugated and metal operators

3. Upstream pulp and recycled fibre supply

Corrugated board remains the dominant supermarket-linked segment due to fresh produce exports and retail-ready transport formats.

Glass maintains strategic importance in beverage-heavy categories.

Rigid plastics remain volume-heavy in private label dairy and beverages.

Category Dominance Trends

Fibre-based packaging continues to expand under sustainability and recyclability pressure.

Glass benefits from premiumisation and export strength.

Metal beverage cans remain stable, supported by tourism and out-of-home consumption.

Flexible plastics continue to dominate processed FMCG categories but face increasing recyclability investment requirements.

Industry Direction

Capital allocation across the sector is concentrated in:

• Energy efficiency upgrades

• Decarbonisation of furnaces and mills

• Lightweighting

• Automation in corrugated plants

Spain’s agricultural export scale ensures structural demand for fibre-based transport packaging remains strong.

Conclusion

In FY2024, Spain’s packaging leaders demonstrated resilience across fibre, glass and pulp, reinforcing their structural role within the wider Spain FMCG production base.

SAICA retained its dominant position at €3.662 billion in revenue. Vidrala strengthened its position in glass at €1.619 billion, closely linked to beverage and food demand. Hinojosa consolidated mid-market scale at €795 million, with growing international exposure tied to fresh produce exports and Spain supermarket distribution networks.

Through 2026, competitive positioning will continue to depend on vertical fibre integration, energy efficiency and regulatory alignment across Spain’s packaging ecosystem, particularly as compliance requirements increasingly shape procurement decisions across Spain FMCG and retail supply chains.

Editor’s Note: This ranking is based on publicly available FY2024 company financial reports and official disclosures.
Global revenues are shown for multinational groups operating in Spain.
Currency references reflect reported figures in company filings.