Press release
Decorative Surface Films Market Projected to Witness Vigorous Expansion by 2027
Technological innovation and product development is rapidly shaping the demand for packaging industry across the globe. Decorative surface film packaging is one such market which is extremely impacting the growth of flexible packaging market. Decorative surface films is a creative form of packaging which is extensively used on walls, windows, etc. Over the years, the decorative surface films is highly used across multiple application industries of food, household and electronic.
One of the primitive factor which is rapidly fueling the growth of global decorative surface films is the innovation of printing in packaging industry such as digital, screen and rotogravure printing. The leading packaging manufacturer is focusing on the use of rotogravure printing which enables high production rate of printing and superior quality of printing on labels and films. Moreover, the APEJ market is expected to witness a superior growth over the forecast period.
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Global Decorative Surface Films Market - Market Dynamics:
With increasing investment in technology, leading manufacturer of the decorative surface film is highly focusing on the use of a conventional raw material. Use of such innovative material has enabled the manufacturer to produce decorative surface films which are resistant to scratches, stain and external chemical components. Such factor is increasing the application use of decorative surface films across the food industry.
Moreover, the use of conventional decorative surface films is immensely product appealing for the manufacturer. All these factors are propelling the demand for decorative surface films across the developed market. One of the leading trend in decorative surface films is the use of active packaging technology. Such active packaging technology protects the product from external ingress of oxygen, moisture or microbiological contamination. These form of sustainable packaging is pushing the growth of decorative surface films market.
On the flip side the use of traditional plastic raw material is highly hazardous for environment, this causes the local and international regulatory bodies to impose stringent regulation which hampers the demand for decorative surface films market. The manufacturer operating in the region of Europe have to face stringent regulation with regards to film packaging.
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Global Decorative Surface Films Market - Market Segmentation:
Geographically, the decorative surface films market is segmented into end user base, application type and material type. On the basis of end user base the global decorative films market is segmented into metal and plastic. Furthermore, the metal material is further divided into cadmium, mercury, nickel. Whereas, plastic is further segmented into polyethylene (PE), polypropylene (PP), poly vinyl chloride (PVC), polycarbonate (PC). On the basis of end user base the global decorative films market is segmented into food & beverage, pharmaceutical, electronic devices, medical devices, chemical, and others.
Global Decorative Surface Films Market - Regional Outlook:
North America
Latin America
Eastern Europe
Western Europe
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan
The global decorative surface films market is cartel by leading manufacturers operating in the region of Western Europe, APEJ and North America market. Among it the APEJ market is expected to hold a sustainable share in the global decorative surface films market and is further expected to hold a chunk of market share over the forecast period. Other regions including Japan and MEA are expected to showcase an accelerating CAGR over the forecast period.
Decorative Surface Films Market – Key Players:
Some of the key players operating in the global decorative surface films market include Klockner Pentaplast, Konrad Hornschuch AG, TAGHLEEF Industries Group, The AmGraph Group, DuPont, Metropolitan West, Inc., Hanex, Global Coating, Vaccum Surtec, Poli-Film Australia, Riken Technos Corp, Avery Dennnison, Griff Paper and Film Inc.
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