Press release
Soft Touch Film Market Innovations, Technology Growth and Research 2022-2032
Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Soft Touch Film Market over the Assessment Period 2022-2032.
A detailed study on soft touch film market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global soft touch film market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales soft touch film in the coming 10-years.
Soft touch films are relatively thin matte films made of plastics such as polypropylene, polyethylene terephthalate, polyethylene, and others that provide a velvety and soft texture. These films have scuff-resistant surface that enhances and protects the appearance of the substrate product. They are primarily designed for one side lamination and are available in three type of coatings - water-based, solvent-based, and FDA compliant soft touch coatings.
Demand for soft touch films is increasing at a rapid pace, on account of their ability to enhance textural feel and minimizes glare while preserving the color of the image. Also, these films provide a vivid and exceptional color clarity that surpasses any other standard matte laminating films along with adding a premium feel to the luxury product packaging. This is estimated to augment the sales of soft touch films in the global market.
In addition to this, end users are increasingly shifting their preference towards adopting these scuff-resistant ultra-matte soft touch films from traditional films. This is attributed to their benefits such as premium finish, fingerprint resistance, protection from tonner chipping, enhance gripping, and others. Hence, increasing usage of soft touch films in printing cards, brochures, pamphlets, and others is projected to favor the demand in the global soft touch film market.
Key Soft Touch Film Market Takeaways and Projections
The U.S. is expected to lead the North america soft touch film market, projecting the fastest growth in the region between 2022 and 2032
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of soft touch film market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global soft touch film market. Some of the prominent market players are Taghleef Industries SLU, Avery Dennison Corporation, Flexfilm Limited, Doro Tape (UK) Ltd., Jet Technologies, DUNMORE Corporation, Ampacet Corporation, Cosmo Films, Ltd., Pragati Corporation.
Key Segments Profiled in the Soft Touch Film Market Survey
By Material:
Polypropylene (PP)
Polyethylene Terephthalate (PET)
Polyethylene (PE)
Others
By Coating:
Water Based
Solvent Based
FDA Compliant Soft Touch Coatings
By Film Width:
Below 15 microns
15-25 microns
25-35 microns
Above 35 microns
By Application:
Book Covers
Postcards
Premium Prints
Corporate Brochures
Electronic Packaging
Luxury Folding Cartons, Boxes, Etc.
Dust Jackets
Others
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 5-years.
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