A lot can happen in a year, and our 10th annual Top 25 Converters listing is reflective of that. Some of the companies included in this year’s list – Sealed Air, Bemis, Mondi, and Sonoco Products – hold significant market shares in the flexible packaging industry. These companies – along with the others listed in our Top 25 – contribute a considerable amount of value to this market, which is expected to grow at a continuous annual growth rate of 5.1 percent by 2018, according to a recent study by MarketsandMarkets.
Although not much has changed from last year’s rankings, there are two new names on this year’s list: Coveris, formerly known (and listed) as Exopack Holdings, and Mondi Group subsidiary Mondi Jackson Inc., a brand new addition to the Top 25 Converters list. In comparison to the slow and steady changes of the 2012 fiscal year, 2013 witnessed a series of major changes including brand transformations; mergers and acquisitions; new package developments; capacity expansions; award recognitions and much more. Read on to see what these companies have been up to over the past year.