Flexible Packaging
2025 Top 25 Converters: Green Growth, Mergers Continue as Key Pillars
November 17, 2025
Flexible Packaging
2025 Top 25 Converters: Green Growth, Mergers Continue as Key Pillars
November 17, 2025
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There’s no question that Amcor’s merger with Berry Global in April was one of the biggest events of 2025 when it comes to flexible packaging. Among other things, the merger removed Berry Global from Packaging Strategies’ list of the Top 25 Flexible Packaging Converters (Berry Global held the No. 4 spot in our last reckoning).
In its earnings announcement for fiscal year 2025 (ended June 30), Amcor noted that the acquisition of Berry Global created a unique opportunity for the company to review its newly combined portfolio.
“Through this review, the company has identified its $20 billion core portfolio of consumer packaging and dispensing solutions for nutrition and health. This core portfolio is made up of leading positions in large, resilient, and growing health, beauty and wellness, nutrition and specialty end markets, where Amcor has global supply chain flexibility, an expanded multi-format product offering of innovative, high value solutions and significant room to grow,” Amcor said.
More recently, Amcor cited the combination with Berry Global as helping the company to achieve its sustainability goals.
“This year marks a turning point for Amcor,” said Amcor CEO Peter Konieczny. “With industry-leading innovation, global scale and deep packaging expertise, the new Amcor is uniquely positioned to deliver breakthrough solutions and advance a circular packaging future.”
This brings us to the two pillars characterizing the flexible packaging industry: consolidation and sustainability.
Mergers & Acquisitions
While the Amcor/Berry combination grabbed a lot of attention, 2025 saw other mergers and acquisitions that reshaped the flexible packaging landscape:
Toppan’s Acquisition of Sonoco’s TFP Business: TOPPAN Holdings Inc. announced in April that it had completed the acquisition of the Thermoformed & Flexibles Packaging business (TFP) of Sonoco Products Company. While this development could serve as a valid argument for removing Sonoco from the Top 25 list, we kept Sonoco on the list this year since the ranking is based largely upon companies’ performance in 2024.
Five Star Holding and Anduro Manufacturing: Five Star Holding announced in January that it had acquired Anduro Manufacturing, a leading supplier of flexible packaging, including laminated woven sacks for pet food, animal nutrition, and other consumer products in the United States and Latin America.
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ProAmpac and International Paper: In October, ProAmpac announced that it had acquired the bag converting operations of International Paper, a global leader in sustainable packaging. The acquisition expands ProAmpac’s converting capabilities, further advancing the company’s Fiberization of Packaging® strategy and enhancing its ability to deliver customized bag solutions for the grocery, convenience store, and quick-service restaurant markets.
Cascades Inc. and Five Star Holding: Also in October, Cascades Inc. announced that it had reached an agreement to sell its Flexible Packaging plant activities to Five Star Holding, based in Houston, Texas. Located in Mississauga, Ontario, Canada, Flexible Packaging was Cascades' only plant manufacturing printed flexible plastic packaging and films.
ProAmpac and PAC Worldwide: ProAmpac and PAC Worldwide announced in August the signing of a definitive agreement under which ProAmpac would acquire PAC Worldwide, which specializes in producing protective mailers and specialty packaging for ecommerce, courier, and retail applications, with product offerings spanning polyethylene, paper, and bubble-lined packaging.
Sustainable Solutions
The move toward sustainability is the other pillar defining flexible packaging, and we present here just a few examples of recent initiatives on the part of converters in our Top 25 list to provide more sustainable packaging.
Accredo Packaging Releases 2024 Sustainability Impact Report
Accredo Packaging recently released its 2024 Sustainability Impact Report, showcasing its commitment to responsible use, continuous improvement, and long-term sustainability. Key report highlights include an increase in post-consumer recycled (PCR) content to 4.28%, up from 2.02% in 2023. (Image Credit: Accredo Packaging)
Amcor's Air Peel Technology Wins Sustainable Healthcare Packaging Award
Members of the Amcor HealthCare team recently attended the Medical Packaging Conference (MPC) in Frankfurt, Germany, hosted by DuPont.
The Amcor team took home the Operational Efficiencies Award at the 2025 DuPont™ Tyvek® Sustainable Healthcare Packaging Awards. The award celebrates companies that demonstrate outstanding innovation and measurable impact in healthcare packaging. (Image Credit: Amcor)
American Packaging Corporation Issues White Paper on Utilizing Bio Content
American Packaging Corporation has released a White Paper discussing the application of bio-based materials in flexible packaging, entitled “Material Options and Consideration for Utilizing Bio Content in Flexible Packaging Applications.”
Each sustainable packaging strategy offers its own unique advantages and challenges. Careful consideration must be given to package complexity, end-of-life options, package performance needs, cost, and manufacturability objectives when choosing the appropriate solution. (Courtesy of American Packaging Corporation)
ProAmpac's ButterFresh Earns Home Compostable Certification from TÜV AUSTRIA
ProAmpac announced in September that its ButterFresh Parchment had earned the OK compost HOME certificate by TÜV AUSTRIA.
ButterFresh Parchment is a wax-free, PFAS non-intent printed butter wrap designed for compostability without compromising performance and runability during the packing step. This parchment protects butter, margarine, and other oil-based solid products with superior grease resistance and excellent dead-fold properties, locking in freshness and reducing air exposure. (Image courtesy of ProAmpac).
Sealed Air and Bradbury's Cheese Launch New Packaging with Reduced Plastic
Sealed Air Corporation and Bradbury’s Cheese announced a breakthrough in sustainable packaging with the launch of the CRYOVAC® AutoWrap Lite. This revolutionary system reduces plastic usage by up to 65% compared to traditional thermoformed packs, marking a significant milestone in sustainable packaging solutions. (Courtesy of Sealed Air Corporation)
Winpak Collaborates with NOVA to Utilize Recycled PE in Flexible Packaging
Winpak Ltd. announced a long-term agreement with NOVA Circular Solutions LLC, a business unit of NOVA Chemicals, to procure post-consumer recycled polyethylene (rPE) under the brand name SYNDIGO™.
Winpak will utilize NOVA’s rPE to manufacture and distribute high-quality packaging materials for the protection of perishable foods, beverages, and personal care products. (Courtesy of NOVA Chemicals)
