Comparing the current results to its competitors, Silgan Holdings Inc reported Revenue increase in the 2 quarter 2026 by 6.76 % year on year. The revenue growth was below Silgan Holdings Inc's competitors' average revenue growth of 14.55 %, achieved in the same quarter.
Silgan Holdings Inc Net Income in the 2 quarter 2026 fell year on year by -14.83%, while most of its competitors have experienced a contraction in net income by -93.91 %.
Silgan Holdings Inc's Comment on Competition and Industry Peers
Of the commercial metal container manufacturers, Ardagh Group, Ball Corporation
and Crown Holdings, Inc. are our most significant competitors. Our competitors
also include other regional suppliers. As an alternative to purchasing containers
from commercial can manufacturers, customers have the ability to invest in equipment
to self-manufacture their containers.
Because of the high cost of transporting empty containers, our metal container
business generally sells to customers within a 300 mile radius of its manufacturing
plants. Strategically located existing plants give us an advantage over competitors
from other areas, but we could be potentially disadvantaged by the relocation
of a major customer.
Although metal containers face competition from plastic, paper, glass and composite
containers, we believe that metal containers are superior to plastic, composite
and paper containers in applications, where the contents are prepared at high
temperatures or packaged in larger consumer or institutional quantities or where
long-term storage of the product is desirable while maintaining the product’s
quality. We also believe that metal containers are more desirable generally
than glass containers because metal containers are more durable and less costly
to transport.
Our closures business competes primarily with Bericap Group, Berry Plastics
Corporation, Closures Systems International, Inc. (part of Rank Group Limited),
Crown Holdings, Inc., Global Closure Systems, Groupe Massilly and Tecnocap S.p.A.
With our ability to manufacture an extensive range of metal, composite and plastic
closures as well as state-of-the-art capping/sealing equipment and detection
systems and our geographic presence, we believe we are uniquely positioned to
serve food and beverage product companies for their closure needs.
Our plastic container business competes with a number of large national producers
of plastic containers and closures for personal care, food, health care, pharmaceutical,
household and industrial chemical, pet care, agricultural, automotive and marine
chemical products. These competitors include Alpha Packaging, Alpla-Werke Alwin
Lehner GmbH & Co. KG, Amcor Limited, Berry Plastics Corporation, CCL Industries
Inc., Cebal Americas, Consolidated Container Company LLC, Graham Packaging Company
(part of Rank Group Limited) and Plastipak Packaging Inc. To compete effectively
in the constantly changing market for plastic containers and closures, we must
remain current with, and to some extent anticipate, innovations in resin composition
and applications and changes in the technology for the manufacturing of plastic
containers and closures.
Chase Packaging Corporation operates as a manufacturer and distributor of packaging products. They focus on producing customized and sustainable packaging solutions for a wide range of industries. By leveraging their expertise and manufacturing capabilities, they aim to meet the unique packaging requirements of their clients and deliver high-quality products efficiently.
Packaging Corp of America operates primarily in the manufacturing of corrugated packaging products and containerboard, catering to a diverse range of industries including retail, food, and consumer goods. Their business model emphasizes sustainability and innovation by utilizing recycled materials and advanced production techniques to reduce waste and enhance product performance.
Sonoco Products Company operates on a business model that focuses on providing diversified packaging solutions to a wide range of industries, leveraging their expertise in sustainable packaging materials and services to deliver innovative and customized solutions for their customers.
AptarGroup Inc is a global provider of packaging solutions, specializing in dispensing systems and closures for a wide range of industries. Their business model revolves around designing and manufacturing innovative packaging solutions that enhance product functionality and consumer experience, catering to the needs of various market sectors.
Sources:
Silgan Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Silgan Holdings Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.