Holographic Films Market To Reach Around US$ 15388.8 Million By 2027 | Toray Industries, Inc., Avery Dennison Corporation

The global holographic films market is estimated to account for slightly less than US$ 6865.1 million in terms of value in the year 2018 and it predicted to grow at a CAGR of 9.4% during the forecast period (2019-2027)

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Key companies covered as a part of this study includes Toray Industries, Inc., Avery Dennison Corporation, Nan Ya Plastics Corporation, Jindal Poly Films Ltd (B.C. Jindal Group), Uflex Limited, SRF Limited, Cosmo Films Limited, API Group Plc, K LASER Technology Inc., and Polinas Plastik Sanayi ve Ticaret A.S.

Due to its appealing appearance, such as surface textures, nacreous rainbow finishes, and holographic diffraction, holographic films are utilised for rigid or flexible packaging. These films feature a highly flexible texture with appealing designs and are micro-embossed with various patterns and motifs. Excellent thermal sealability, exceptional ink retention, immaculate finish, moisture-proof, high glossiness, and strong colour fastening are all features of these labels.

Market Dynamics

The global holographic films market has witnessed significant growth in the recent past years, owing to the rising demand for holographic films in the pharmaceutical industry. Based on material type, the global holographic films market is bifurcated in Biaxially Oriented Polyethylene Terephthalate (BOPET), Biaxially Oriented Poly Propylene Films (BOPP), Poly Vinyl Chloride (PVC), and others. Among these segments, the Biaxially Oriented Poly Propylene Films (BOPP) are Ultra-violate rays (UV) resistant and have smooth surfaces with clarity. Moreover, the rising demand for these films among various end-use industries such as food & beverage industry, medical industry and cosmetic industry is expected to foster the market growth in the forecast period.

Market Trends

The rising trend of manufacturers producing new and creative holographic films to meet increased demand is projected to boost market growth. For example, API Group expanded its Transmet product line in January 2019 with the addition of additional holographic designs. API's Transmet laminate, a plastic-free choice for paperboard packaging, comes in a variety of 12 holographic designs, guaranteeing that brand owners and designers have a sustainable packaging option without sacrificing aesthetics.

Market Taxonomy

By Film Type

Transparent
Metallized
By Material Type

Biaxially Oriented Polyethylene Terephthalate (BOPET)
Biaxially Oriented Poly Propylene Films (BOPP)
Poly Vinyl Chloride (PVC)
Others

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Key questions answered in the report-
• Which are the high growth market segments in terms of product type, and regions?
• What is the historical market for Holographic Films market across the globe?
• What are the market forecasts and estimates from the period 2018-2026?
• What are the major drivers, restrains, threats, and opportunities in the global Holographic Films market?
• Who are the top players in the global Holographic Films market and what share of the market do they hold?
• Who are the major players in various countries and what share of the market do they hold?
• What are the competitive landscapes and who are the market leaders by sub-region in the global Holographic Films market?
• What are the market opportunities and threats faced by the key vendors?
• What are the recent developments in the global Holographic Films market?
• What are the different strategies adopted by the major players in the global Holographic Films market?
• What are the geographical trends, outlook and high growth regions/ countries?
• What are the strengths and weaknesses of the key vendors?

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