PCI Wood Mackenzie recently published a study on the North American converted flexible packaging market, which estimated sales in the United States, Canada and Mexico at $23.5 billion in 2016, growing by 4.5 percent in value terms during the year.
Unlike as in previous years, there weren't a lot of shakeups in 2016. But that doesn't mean that it wasn't a solid year for the top North American converters.
July 1, 2017
Compared to the lists of the past few years, the 2017 Flexible Packaging Top 25 Converters list may seem, well, ordinary. While this year was not without its share of M&A's, they were all fairly minor to some of the big shake-ups the industry has seen in the past.
Filmquest Group Inc. has appointed Fred Race as its new senior account manager. Race will be responsible for supporting Filmquest sales and marketing efforts primarily in the flexible packaging market, proprietary value added markets and thick film polyester specialty markets.
The global flexible food packaging market is set to reach close to 800 billion pack units in 2018, as consumers start to favor innovative products such as pouches over traditional glass, paper and metal packaging.