A recent report published by Infinium Global Research on graphic film market provides an in-depth analysis of segments and sub-segments in the global as well as a regional graphic film market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional graphic film market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global graphic film market. According to the report, the global graphic film market is projected to grow at a CAGR of 5.24% over the forecast period of 2019-2025.
Plastic or polymer films have found the number of applications in different sectors. One of the uses of polymer films is for graphics on various surfaces including walls, glass, metal, plastic, and others. These graphics films are made out of various materials including PVC, PE, PP, and others, and these films are lightweight, inexpensive, durable and perfect for printing. They are used in various verticals including construction, automobile, industrial and others. The graphic film market is highly competitive with a large number of companies present in the market. the key players in the market including 3M Company, Avery Dennison Corporation, E. I. du Pont de Nemours and Company, Constantia Flexibles Group, CCL Industries Inc., Amcor plc and others are implementing mergers and acquisition strategies to maintain their position in the market.
The improving standards of living of consumers are majorly driving the graphic film market. The growing disposable income and rapid urbanization are changing the buying behavior of the consumers. This encourages people to spend on the decoration of houses, stores, cars, offices, etc. by using graphic films. Moreover, the expanding construction industry and growing demand from the automotive industry are also boosting the growth of the graphic film market. Furthermore, the growing technological advancements in graphic films are supporting the growth of the graphic film market. Through research and development, the films are getting more durable, better appearance and lighter as well as cost-effective. However, the fluctuating prices of raw materials are the major restraining factor for the growth of the graphic film market. Nevertheless, improvements in digital printing techniques are expected to offer lucrative opportunities for the key players in the graphic film market.
Geographically, Asia-Pacific generated the highest revenue for graphic film, dominating the global market. The largest market share of the Asia-Pacific region attributed to the growing automotive and construction industries in the region. Moreover, the expanding population, growing urbanization, and increasing disposable income of the consumers are expected to boost the growth of the graphic film market in this region
The report on global graphic film market covers segments such as film type, polymer type, and end use. On the basis of film type, the sub-markets include opaque, transparent, translucent, reflective, and other films. On the basis of polymer type, the sub-markets include polyvinylchloride (PVC), polypropylene (PP), polyethylene (PE), and other materials. On the basis of end use, the sub-markets include promotion & advertising, industrial, automotive, and other end uses.
The report provides profiles of the companies in the market such as 3M Company, Avery Dennison Corporation, E. I. du Pont de Nemours and Company, Constantia Flexibles Group, CCL Industries Inc., Amcor plc, Dunmore Corporation, Hexis S.A., Kay Premium Marking Films Ltd., Drytac Corporation, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of graphic film market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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