The latest report on “Graphic Film Market (Film Type – Opaque, Transparent, Translucent, Reflective, and Other Films; Polymer Type – Polyvinylchloride (PVC), Polypropylene (PP), Polyethylene (PE), and Other Materials; End Use – Promotion & Advertising, Industrial, Automotive, and Other End Uses): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025.” The global graphic film market is projected to grow at a CAGR of 5.24% over the forecast period of 2019-2025.
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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.
Improving Standards of Living of Consumers are Majorly Driving the Graphic Film 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.
Asia-Pacific Generated the Highest Revenue for Graphic Film, Dominating the Global 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.
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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.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the graphic film.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.