Flexible Paper Packaging Market, by Product Type (Coated Kraft Paper, Uncoated Kraft Paper, Sack Kraft Paper, Gift Wraps, and Others), by Packaging Type (Flat Pouches, Stand up Pouches, Gusseted Bags, Wraps, and Others), by Applications (Food and Beverages, Pharmaceutical and Medical, Personal Care and Household Industry, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2022-2028
Players operating in the global flexible paper packaging market are focused on adopting different strategies such as merger and acquisition to strengthen their market position in the global market. For instance, in November 2014, Novolex, a manufacturer of flexible packaging products acquired Packaging Dynamics Corporation. The acquisition led to offer broad range of plastic and paper flexible packaging products for grocery, food service, food manufacturing, retail, industrial and distribution end markets.