Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
Analysis of revenue contributions from different manufacturers in the market.
Flex Pack Coating Market Definition
Flex pack coatings market offers scientific solutions and products for producing and applying own coatings on flexible packaging materials. Such coatings can be applied to films, foils, and other flexible structures intended for use in the packaging, to improve their performances and their functions. Further developments in barrier packaging remain central to fresh approaches to the utilization of flex pack layering for the products. The market is driven by the demand for proper packaging in different end-user industries such as pharmaceuticals, food & beverages.
In September 2024, Michelman showcased the company's stand as a market leader in the pursuit of creating sustainable packaging solutions at the 11th Speciality Films and Flexible Packaging Global Summit. These provide important functional features including water, oil, and grease barrier, oxygen and moisture vapor barrier, heat sealing, and receptivity to printing onto the paper and film substrates as received by the Company’s water-based coatings.
The increase in the use of electronic commerce in purchasing products combined with the increase in demand for lighter and collapsible goods are expected to drive future growth in the flex pack coatings market. The demand for sustainable flex pack coverings is expected to grow exponentially as needed. In April 2023, Fujifilm’s Jet Press FP790 digital inkjet flexible packaging technology will have a new strategic partner – Nordmeccanica, a global manufacturer of coating, laminating, and metalizing technology.
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