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Decorative Films and Foils Market Size, Global Top Players Analysis and Distributor Analysis forecast to 2031
Decorative Films and Foils Market 2022
The Decorative Films Foils Market is expected to grow at a CAGR of 5.5% during the forecast period of 2021-2031. Decorative films and foils are used in various end-use industries such as automotive, construction, aerospace, marine, and others. The growth of these industries is fueling the demand for decorative films and foils. Decorative films and foils offer various benefits such as UV protection, thermal insulation, anti-fading properties, and corrosion resistance which are boosting their demand in the market. The Decorative Films Foils Market has been segmented on the basis of type, material, application, and region.
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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.
In its most recent report, Persistence Market Research offers insights on the major variables influencing the market for decorative films and foils. The study tracks global sales of decorative films and foils in 20+ high-growth markets in addition to analysing the impact that COVID-19 has had on this fiercely competitive business overall, pointing to North America, Europe, and Asia Pacific as lucrative regional markets.
Key Players-
• LG Hausys Ltd
• OMNOVA Solutions, Inc.
• ERGIS S.A.
• AVERY DENNISON CORPORATION
• JINDAL POLY FILMS Ltd.
• Klöckner Pentaplast Group
• Folienwerk Wolfen GmbH
• Mondoplastico S.p.A.
• RENOLIT
• AVI Global Plast Pvt. Ltd.
• MACRO PLASTIC SDN. BHD.
• Peiyu Plastics Corporation
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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.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Complete Report Details@https://www.persistencemarketresearch.com/market-research/decorative-films-foils-market.asp
Key Stakeholders
Decorative Films and Foils Market Manufacturers
Decorative Films and Foils Market Distributors/Traders/Wholesalers
Decorative Films and Foils Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Holographic Film Market: https://www.persistencemarketresearch.com/market-research/holographic-films-market.asp
Global Market Study on Thermoplastic Decorative Films: https://www.persistencemarketresearch.com/market-research/thermoplastic-films-market.asp
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