There have been numerous mergers and acquisitions in the flexible packaging sector, resulting in industry consolidation
A flexible Packaging is a package or container made of flexible or easily yielding materials that can be easily changed in shape when filled or closed. They are used to protect, market, and distribute a wide range of consumer and institutional products, as well as in industrial applications. Flexible packaging can be made from any combination of paper, plastic film, and foil and can take the form of a bag, film, lidding, liner, overwrap, pouch, rollstock, sleeve, or wrap. Since the early 1950s, flexible packaging has been at the forefront of important packaging trends in product protection, packaging design and performance, consumer convenience, and sustainability. The benefits of flexible packages benefit the environment, consumers, and businesses. Because flexible packaging is lightweight, it is simple to transport and store at home. Because of the numerous re-closure and dispensing options, it is simple to open, carry, store, and re-seal. Flexible packaging makes its contents vis...