Press release
Decorative Films and Foils Market is Estimated to Reach USD 9,609.42 Million by the end of 2028: Cognitive Market Research
Decorative Films and Foils Market is Estimated to Reach USD 9,609.42 Million by the end of 2028: Cognitive Market Research
A decorative film is a thin laminated film with a clear or colorful pattern that may be placed on the surface of substrate materials on the outside or inside. Decorative films are self-adhesive films and come in a variety of designs and colors. These films may filter up to 90% of UV radiation while also providing some privacy. A decorative foil is a type of integrated paper product that is made out of a paper substrate that has been printed using the imperative method and coated with polymer resin materials. Decorative foils are used to wrap things for decorative purposes.
Decorative films and foils are needed for construction industries for commercial, industrial, residential, and infrastructure construction. The decorative film allows property owners to resurface existing smooth, solid, and non-porous surfaces, such as old high-pressure laminates, rather than replacing them. In the furniture industry, polyvinyl chloride decorative films and foils are commonly used to protect furniture surfaces from physical damage and environmental conditions to increase the useful life of the furniture
Market Insight:
• Global Decorative Films and Foils Market expected to reach USD 9,609.42 Million by the end of 2028, growing at a CAGR of 5.51% between 2021 and 2028.
• Polyvinyl Chloride Revenue is estimated to reach at USD 4,182.02 Million in 2028
• Furniture Revenue in Decorative Films and Foils is anticipated to reach USD 4,024.84 Million in 2028.
• Residential Revenue in Decorative Films and Foils is projected to reach USD 1,896.19 Million in 2028.
• North America Decorative Films and Foils market size is expected to USD 2,152.51 Million in 2028.
To know more The Decorative Films and Foils Market statistics click here: https://www.cognitivemarketresearch.com/decorative-films-and-foils-market-report
Market Drivers:
• Rising building & construction industry
Global building & construction industry is particularly creating the positive impact and this industry is expected to grow above global gross domestic product (GDP) growth over the next decade. The building and construction sector are one of the largest sectors in the world economy. Building & construction industry spending worldwide amounted to 11.4 trillion U.S. dollars. Building & construction expenditures are expected to reach 14 trillion U.S. dollars in 2025. The key trend in the global building and construction industry is the significant growth of the emerging markets such as India, China, Vietnam, Australia, and Indonesia.
Moreover, rising demand from commercial infrastructure gradually enhances the demand of construction products. Decorative films and foils are widely used for architectural applications as they meet the aesthetic and lighting needs of inmates, among many others. Majorly, these films and foils are used in window and door interiors and exteriors notably for private spaces. Commercial buildings for some privacy purpose have adopted extensive use of decorative films and foils. Hence, rising building and construction industry in terms of residential as well as commercial sectors drives the growth of decorative films and foils market.
Rising demand for residential construction industry due to urbanization:
• Restraints for Decorative Films and Foils Market
Fluctuation and inconsistency in raw material prices
• Opportunities for Decorative Films and Foils Market
Rise in disposable income and spending habits
Cognitive Market Research Company's Research Methodology - https://www.cognitivemarketresearch.com/research-methodology
Market Segmentation:
Type:
• Polyvinyl Chloride
PVC (Polyvinyl Chloride) film and foils is a thermoplastic decorative item that is applied to serve customer's decoration purposes. PVC (polyvinyl chloride) decorative plastic films and foils are used in furniture finishing and interior design. PVC decorative films and foils can be used on a variety of surfaces, including wooden doors, windows, cabinets, glass partitions, custom cabinetry, walls, and ceilings. It can be used in place of curtains to provide the necessary privacy in a conference room. PVC decorative films and foils are simple to install, clean, and replace.
• Polyester
Polyester glass film and polyester plastic film are suited for both new and renovated interior décor. These are widely used in window films and foils. Polyester window films provide a wide range of UV-stabilizing window films made of transparent polyester with a scratch-resistant, protective coating. Polyester colours window films add vibrancy to the area and maybe layered to create an endless colour pallet.
• Polypropylene
• Vinyl
Application:
• Furniture
Furniture films and foils are used to give a new look to old furniture. Building new furniture or replacing furniture can be very expensive. Furniture decorative films or foils can be used in this situation which completely gives them a new look. These items are cost-effective, affordable, and available in a variety of designs and colours that suits everyone's style and standard. These are also available as film wraps that are reliable, durable, waterproof, moisture-proof, and easy to install. Furniture foils are ideal for usage in the home, restaurant, and hotel industries due to their ease of removal without harming the original paint finish.
• Doors & Windows
Decorative film is a cost-effective alternative to stained or colored glass. Custom window and door film may transform the room with one-day installation. These are majorly used in offices for interior designing of doors and windows
• Flooring
• Automotive Interior & Exterior
End User:
• Residential
In residential sector decorative films and foils are widely used for indoor as well as outdoor use. These are used on windows, facades, doors and gates for decoration purpose and for weather protection. It enhances the appearance of the building elements and also provides protection.
• Commercial
Decorative films and foils are used in commercial sector for decorating furniture in offices, to make glass windows blur or decorative for making office compartments attractive. It is also used on flooring for decoration purpose
• Industrial
In industrial sector, decorative films and foils are used for preventing the temperature rise in buildings, to maintain thermal balance and it is also used on ceiling and wall panels and for lamination of cabinet surface.
Get free sample pages of latest published Decorative Films and Foils Market Report: https://www.cognitivemarketresearch.com/decorative-films-and-foils-market-report
Competitive Analysis for Decorative Films and Foils Market:
Eastman, 3M, LG Hausys, Madico, RENOLIT, Klockner Pentaplast, OMNOVA Solutions, Avery Dennison, Peiyu Plastics, Mondoplastico, ERGIS Group, Macro Plastic Sdn. Bhd, Jindal Poly Films, Folienwerk Wolfen
• Klockner Pentaplast Group
Klockner Pentaplast is associated with the manufacturing of plastic based products. The company offers, sustainable products in the market, which includes pharmaceutical and medical device packaging films, consumer packaging, food packaging and decorative films used for building and construction. It has established several manufacturing plants and offers a wide range product used across various applications in the market.
NEWS:
August 2021
• Klockner Pentaplast launched kpNext, recyclable PET blister films.
Klockner Pentaplast, engaged in the manufacturing of barrier protective packaging solutions with industry-leading use of recycled content material, has launched kpNext, its first-to-market innovation in recyclable PET blister films.
• Peiyu Plastics Corporation
Peiyu Plastics Corporation is a manufacturer of plastic products. The company offers products in two segments including: film products and packaging products. Film product segment includes PVC films, Pet films, soft PVC and others.
Packaging product segment includes produce containers, bakery containers, industrial packaging, trays and others. The company has two manufacturing facilities located in Taiwan and Vietnam.
Related Report:
• Anti Foam Decorative Coating Additive Market- https://www.cognitivemarketresearch.com/anti-foam-decorative-coating-additive-market-report
• Ship Decorative Panels Market- https://www.cognitivemarketresearch.com/ship-decorative-panels-market-report
• Decorative Foil Balloons Market- https://www.cognitivemarketresearch.com/decorative-foil-balloons-market-report
• Automotive Decorative Film Market- https://www.cognitivemarketresearch.com/automotive-decorative-film-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
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About Cognitive Market Research:
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly.
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