Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 29.87 Billion | USD 80.88 Billion | 13.26% | 2022 |
Embossed Industry Prospective:
The global embossed film market size was worth around USD 29.87 Billion in 2022 and is predicted to grow to around USD 80.88 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 13.26% between 2023 and 2030.
The report analyzes the global embossed film market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the embossed film industry.
Embossed films are also referred to as release films. These are majorly made by companies based on modern production lines with the help of state-of-the-art technology. Such films consist of unique surfaces, textures, and polyolefins. The various embossed structures possess distinct formulations and permit most adhesion control onto several substrates by simultaneously accelerating and minimizing the release property. It is highly utilized in a wide range of thicknesses, colors, structures, and others for specific requirements.
Flexible film manufacturers adopt micro embossed film technology to manufacture protective aprons, which are being highly used amid the ongoing COVID-19 crisis. For instance, Skymark is expanding its focus in the food, hygiene, and medical sectors to produce protective aprons with antimicrobial technology. However, the global economy is on a downtrend while the manufacturers and organizations in the global embossed film market are quickly diversifying their supply chain to extract maximum profit margins and create several lucrative growth opportunities in the market globally.
People are highly becoming conscious of coronavirus infection and pathogens. However, such awareness is likely to trigger the demand for protective aprons. In addition, there is a spike in demand for aesthetic packaging and brand enhancement, which in turn, is likely to create several new avenues for companies in the global embossed film market. For instance, Uflex, a company offering brand protection and anti-counterfeiting solutions, manufactures embossed holographic films for textile value addition and brand enhancement. Therefore, the surging demand for anti-counterfeiting solutions is likely to be a crucial factor fuelling the growth of the global embossed film market over the forecast period. However, manufacturers are fuelling their research and development activities to bring new products like holographic self-adhesive security labels with the registered lens.
Therefore it is creating awareness among people regarding brand protection. However, the manufacturers are concentrating on producing high-level opacity embossed films that are compatible with a wide range of textured varnishes, files, and inks. Apart from that, the construction and automobile sectors are likely to explore the untapped potential of the global embossed film market. Manufacturers, with the help of cast film extrusion technologies, are innovating with embossed films to provide high-quality products to customers.
Furthermore, the companies are emphasizing the deployment of micro-embossed finish films to offer a natural touch and comfort when compared to traditional embossed films. The micro-embossed finished films with multiple layers of co-extruded films are providing a full barrier against the virus, and thereby it has become a vital need for end-users, particularly amid the ongoing COVID-19 crisis globally. In addition, these films are widely utilized in several other sectors, including carpet & flooring and building & construction. All these aforementioned factors and the emerging landscape are likely to exponentially scale up the growth of the global embossed film market over the forecast period.
Report Attributes | Report Details |
---|---|
Report Name | Embossed Film Market Research Report |
Market Size in 2022 | USD 29.87 Billion |
Market Forecast in 2030 | USD 80.88 Billion |
Growth Rate | CAGR of 13.26% |
Number of Pages | 255 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | Hi-Tech Packaging (India) Private Limited, Skymark Packaging International Limited, C. E. Shepherd Company, Aintree Plastics Ltd, Wiman Corporation, ISOSPORT Verbundbauteile GmbH, Oerlemans Plastics BV, OHNISHI SANGYO CO., LTD., Charter NEX Films, Inc., FSPG Hi-tech Co., Ltd, Sigma Plastics Group, Napco National Company, Cosmo Films Ltd, Uflex Ltd, and RKW SE. and Others |
Segments Covered | By Thickness, By Materials, By End-User, By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global embossed film market can be segmented into thickness, material, and region.
By thickness, the market can be segmented into above 200m, 101 to 221m, 21-100m, and below 20m.
By materials, the market can be segmented into polyvinyl chloride, polyethylene terephthalate, polypropylene, polyethylene, and others. The polyethylene film segment accounts for the largest share of the global embossed film market due to the growing research activities to innovate products in polyethylene films. However, these polyethylene films are widely used in various applications like adhesive films and release carriers for prereqs. In addition, they also play a vital role as low-temperature release films.
By end-user, the market can be segmented into printing & stationery, polymer & chemical, building & construction, personal care & hygiene, home care, automobile, food & beverage, and others. The polymer & chemical segment holds hegemony over others as several companies in the market are shifting their focus towards diamond embossing for engineered films based on polyethylene material in the sector.
North America accounts for the largest share of the global embossed film market due to the fast-proliferating automobile sector in the region. In addition, the devastating impact of COVID-19 in the region has significantly scaled up the utilization of embossed films in manufacturing a wide range of medical products.
Asia Pacific is expected to be the fastest-growing region in the global market due to the growing number of applications of embossed films, particularly in growing economies like China and India.
Some of the significant players in the global embossed film market are
North America
The U.S.
What Reports Provides
FrequentlyAsked Questions
However, the global economy is on a downtrend while the manufacturers and organizations in the global embossed film market are quickly diversifying their supply chain to extract maximum profit margin and create several lucrative growth opportunities in the market globally.
Some of the significant players in the global embossed film market are Hi-Tech Packaging (India) Private Limited, Skymark Packaging International Limited, C. E. Shepherd Company, Aintree Plastics Ltd, Wiman Corporation, ISOSPORT Verbundbauteile GmbH, Oerlemans Plastics BV, OHNISHI SANGYO CO., LTD., Charter NEX Films, Inc., FSPG Hi-tech Co., Ltd, Sigma Plastics Group, Napco National Company, Cosmo Films Ltd, Uflex Ltd, and RKW SE.
North America accounts for the largest share in the global embossed film market due to the fast proliferating automobile sector in the region. In addition, the devastating impact of Covid-19 in the region has significantly scaled up the utilization of embossed films in manufacturing a wide range of medical products.
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