Soft Touch Lamination Film Market: A Luxurious Evolution, Expected to Reach US$ 6.1 Billion by 2032

Introduction

In the realm of printing and packaging, aesthetics and protection are paramount. Soft Touch Lamination Film has emerged as a game-changer, seamlessly blending these essential attributes. This article provides an in-depth overview of the Soft Touch Lamination Film Market, shedding light on its applications across industries, its remarkable benefits, and the dynamic trends propelling its expansion.

Projected to attain a valuation of US$ 3.2 billion in 2022, the global soft touch lamination film market is on a growth trajectory, with expectations of a robust Compound Annual Growth Rate (CAGR) of 4.9% throughout the forecast period from 2022 to 2032, ultimately reaching an estimated worth of US$ 6.1 billion by 2032.

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The Rising Demand for Soft Touch Lamination Films-

The Soft Touch Lamination Film Market has witnessed substantial growth in recent years due to its ability to enhance product packaging and consumer experience. The increasing demand for aesthetically appealing and luxurious packaging solutions has fueled the adoption of Soft Touch Lamination Films across various industries.

The soft and tactile feel provided by these films creates a unique sensory experience for customers, making the product more memorable and desirable. This distinct feature sets brands apart from their competitors, leaving a lasting impression on consumers and increasing brand loyalty.

Soft Touch Lamination Film Market: Company Developments and Industry Level Trends

Key market participants all across the globe that operate in the packaging films market have focus towards launch of novel luxurious lamination products with superior velvety feel as well as with a scuff-resistant surface.

1. In 2017, Spanish firm Derprosa Films (Taghleef Industries S.L.U.) launches soft touch lamination film. The company guarantees the preservation of the Soft-Coat without losing the velvety feel, highlighting colours with an effect that is 50 percent more matt than a standard film.
2. Pragati Corporation has new type of soft touch lamination film that has 18 microns thickness and is used for photo albums, pamphlets, decorative packaging etc.

Key Factors Driving the Soft Touch Lamination Film Market

Rising Demand for Sustainable Packaging Materials- The increasing awareness regarding sustainable and eco-friendly packaging materials is one of the key factors driving the soft touch lamination film market. With the rising concerns over the impact of plastic waste on the environment, there is a growing demand for sustainable packaging solutions. Soft touch lamination films are recyclable and biodegradable, making them an ideal choice for sustainable packaging.

Growing Demand for Premium Packaging- Soft touch lamination film is widely used for premium packaging applications, such as luxury product packaging, high-end food packaging, and cosmetic packaging. The increasing demand for premium packaging in various industries, coupled with the unique feel and texture offered by soft touch lamination film, is expected to drive the market growth.

Increasing Use in Labeling Applications- Soft touch lamination film is also used in labeling applications, such as wine bottle labels, product labels, and promotional labels. The film provides a high-quality finish and adds a unique feel to the label, making it more attractive to customers. The increasing use of soft touch lamination film in labeling applications is expected to drive the market growth.

Advantages of Soft Touch Lamination Film- Soft touch lamination film offers several advantages over other types of laminating films, such as gloss or matte films. Some of the key advantages include:

Provides a unique feel and texture to the printed material
Offers a high-quality finish
Scratch-resistant
Water-resistant
Adds durability to the printed material

The advantages offered by soft touch lamination film are expected to drive its demand in various industries.

Soft Touch Lamination Film Market: Key Players

Some of the leading players operating in the global Soft Touch Lamination Film market are:

1. Monotech Systems Ltd.
2. DUNMORE Corporation
3. Pragati Corporation
4. Taghleef Industries SLU
5. Doro Tape (UK) Ltd.
6. Cosmo Films, Ltd.
7. Flexfilm Limited
8. Jet Technologies
9. Avery Dennison Corporation
10. Ampacet Corporation

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Soft Touch Lamination Film Market: Segmentation

Globally, the soft touch lamination film market has been segmented on the basis of material type, lamination, coating, thickness, end use and region:

On the basis of material type, the global soft touch lamination film market has been segmented as:

Plastic
Bioriented Polypropylene film (BOPP)
Bi-Axially Oriented Polyethylene Terephthalate (BOPET)
Extrusion-Coated Ethylene Vinyl Acetate (EVA)
Polypropylene (PP)
Paper

On the basis of type of lamination, the global soft touch lamination film market has been segmented as:

One-side Lamination Film
Double-side Lamination Film

On the basis of film thickness, the global soft touch lamination film market has been segmented as:

Below 15 microns
15-25 microns
25-35 microns
Above 35 microns

On the basis of type of coating, the global soft touch lamination film market has been segmented as:

Water-based Soft Touch Lamination Film
Solvent-based Soft Touch Lamination Film

On the basis of end use, the global soft touch lamination film market has been segmented as:

Presentation / Book covers
Dust jackets
Pocket folders
Postcards
Gift bags
Premium prints
Corporate brochures
Electronic packaging
Luxury folding cartons, boxes, etc.
Others

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