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As we covered in our annual Executive Forecast for 2022, the pandemic may not be at the forefront of everyone’s minds directly, but its ripple effects are still spreading outward. Those ripples are impacting the current state of the industry.
The combination brings together 60 years of combined expertise in solving labeling challenges for companies of all sizes throughout a wide range of industries across the globe.
Flexible Packaging is back with its annual list of the Top 25 Converters in North America for the year 2020. These rankings are calculated using each company’s revenues for the year 2019.
With strong merger and acquisition activity, 2019 was another year of industry consolidation.
Over the past 10 years, the flexible packaging industry has grown from $26.6 billion to $31.8 billion with a cumulative annual growth rate of 2% per year, according to the FPA.
Berry Global Group, Inc. announced the completion of its acquisition of RPC Group Plc for a purchase price of approximately $6.5 billion, The combination of Berry and RPC creates one of the world’s largest plastic packaging companies.