Bemis Dominates NAFTA’S $18.3 Billion Converted Flexible Packaging Industry

NORTHAMPTONSHIRE, U.K.—Jan. 25, 2012—NAFTA’s flexible packaging converting industry is dominated by Bemis Inc. with a 20 percent share, according to PCI Films Consulting Ltd’s latest review of the market. This position was consolidated with the purchase of Alcan Packaging Food Americas in 2010.

Bemis is now twice as large as the next biggest player, Sealed Air Corp., and triple the size of the number three supplier, Printpack. Another important recent development has been the emergence of Prolamina Corp. via acquisition and green field investment as a major new force in the converting industry. With current annual turnover of around $300 million in North America, Prolamina has ambitions to top US$2 billion in converted flexible packaging sales within the next few years, mostly through acquisitions.