Decorative Films Foils Market Sales, Supply and Consumption 2022 Analysis and Forecasts to 2031

Decorative Films Foils Market 2022

As per Persistence Market Research analysis, the global decorative films and foils market is anticipated to expand at a CAGR of over 5% over the forecast period of 2021-2031. Commercial Sector to Account for Over Half of Demand for Decorative Films and Foils, Says Persistence Market Research.

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Furniture and door & window applications hold a prominent share nearly three-fourth in terms of consumption of decorative films and foils. These also used in a wide range of applications, including flooring and automotive interiors & exteriors. Besides aesthetics, the ability of decorative films and foils to reduce lighting needs by over 50% makes them highly sought-after across regions.

Market Landscape Continues to Remain Fairly Fragmented

The global decorative films and foils market is fragmented at global and regional levels. 

• LG Hausys Ltd
• OMNOVA Solutions, Inc.
• ERGIS S.A.
• AVERY DENNISON CORPORATION
• JINDAL POLY FILMS Ltd.
• Kloeckner Pentaplast Group
• Foil factory Wolfen GmbH
• Mondoplastico S.p.A.
• RENOLIT
• AVI Global Plast Pvt. Ltd.
• MACRO PLASTIC SDN. BHD.
• Peiyu Plastics Corporation

To gain a competitive advantage in the market, participants are involved in expansion, merger, and acquisition activities with regards to high market growth.

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Key Takeaways from Decorative Films and Foils Market Study

• Polyvinyl chloride accounts for a prominent share of over 45% in the global decorative films and foils market, and this trend is expected continue over forecast period.
• Furniture is the most attractive application with the highest share of over 40%,followed by doors & windows. However, flooring is expected to grow at a higher rate as compared to all other applications.
• China dominates the global decorative films and foils landscape, and the market in this country is expected to grow at the highest rate, owing to increasing construction activities. Europe holds a significant share, backed by high demand from the furniture sector, especially in Germany.
• Energy efficiency and benefits due to the physical properties of decorative window films are some of the prominent market drivers.
• The market in China is slated to expand at an impressive CAGR of over 6% through 2031, while that of the U.K. and U.S. is expected to witness 5.7% and 5.1% growth, respectively.

Decorative Films and Foils Market: Conclusion

Demand for decorative films and foils is expected to grow at a moderate rate, owing to its increasing consumption in furniture applications. Doors & window applications are expected to grow at a high rate amongst all other applications. Asia and Europe are expected to hold prominent shares, followed by North America. China, Germany, USA, India, and South Korea are major locations for the supply of decorative films and foils. Overall, this market is highly competitive with a large number of small- and medium-sized players at regional levels.

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Key Questions Answered in This Report.

• What will the Market growth rate in Future?
• What are the key factors driving the global Market?
• Who are the key manufacturers in Market space?
• What are the opportunities and threats faced by the vendors in the global industry?
• What are sales, revenue, and price analysis by regions of industry?

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