Graphic Films Market leading manufacturers with latest trends forecast to 2027


Posted April 20, 2021 by rohit890

Graphic films find wide application in automotive and advertising industry for making promotional banners and vehicle wraps. Further, the graphic films are projected as a cost effective alternative to the conventional films.
 
Market Overview

Graphic films find wide application in automotive and advertising industry for making promotional banners and vehicle wraps. Further, the graphic films are projected as a cost effective alternative to the conventional films. Rapid technological advancements in the field of graphic films, rising purchasing power has resulted in the transition in the lifestyle of the consumers are some of the key factors responsible for the growth of the graphic films market. Further, the growing construction industry is another major factor propelling the growth of this market currently. The impact of this driver is expected to intensify further during the forecast period.

However, fluctuating raw material prices is one of the major factors hindering the growth of this market and the impact for this restraint is expected to remain the same throughout the forecast period.

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Market Dynamics

Asia Pacific is expected to lead the global graphic film market during the forecast period. Strengthening economic condition of this region is a major uplift to the growth of this market. In 2016, International Monetary Fund (IMF) declared that the economy of Asia Pacific grew by more than 5% and is expected to grow further during the forecast period, thus making Asia-Pacific, a lucrative market for the graphic films. Further, China emerged as the largest market for graphic films in 2016 and is expected to remain in its position throughout the forecast period. Rapid technological innovations in the field of graphic films, coupled with large presence of small land medium scale players for graphic films are some of the key factors driving the demand for graphic films in the country. Further, high population is another major factor driving the growth of this market in China.

Graphic Films Market Taxonomy

Based on the film type, the graphic films market has been segmented into:

Opaque

Transparent

Translucent

Reflective

Others

Based on the end-use industry, the graphic films market has been segmented into:

Automotive

Industrial

Advertisement

Others

Based on the printing technology, the graphic films market has been segmented into:

Rotogravure

Flexography

Others

The major players, operating in the global graphic films market include Avery Dennison Corporation, E. I. du Pont de Nemours and Company, CCL Industries Inc., Amcor Limited Hexis S.A., Constantia Flexibles Group, DUNMORE Corporation and others.

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Last Updated April 20, 2021