The rise in demand from the automotive and construction sectors has been providing opportunities for market growth
The global graphic film market size is projected to reach nearly USD 39.1 billion by 2028. Additionally, the market is forecasted to grow a CAGR of above 5.2% over the forecast period of 2020-2028. Graphic films are silicone films intended for applications where both the visual appeal of the substrates and safety uses need to be increased. These films are made from various plastic variants and developed with the assistance of various printing technologies which, depending on the applications and specifications of the consumer, can provide an innovative product selection.
The report also outlines the various characteristics of the global graphic film industry by assessing the market from value chain analysis. Moreover, the graphic film market report comprises various qualitative parts of the graphic film industry in market restraints, essential industry drivers, and opportunities. Furthermore, the report provides a complete assessment of the market through company profiling and the competitiveness of the local as well as global vendors.
The graphic film market has huge competition amongst the already well-known and new market players. Also, the graphic film industry players are pursuing potential markets to seize a competitive lead among the other industry players by forming mergers & acquisitions, agreements, acquiring other companies & new startups, establishing collaboration & partnerships, and growing their business existence.
Such films have much lower installation costs, which are fuelling industry market demand. The cost of maintenance is also lower, making it appropriate for the advertising and promotional industry. As a result of the appealing texture, the films are used as advertising banners and pamphlets. The graphic films deliver comprehensive properties such as simple recyclability, cost-effectiveness, and high longevity.
Due to defensive uses such as automobile, electronics, biomedical, designs, among others, it can be used in many applications to produce distinctive looks to improve the substance or product. Thanks to the advancement of infrastructure, the Graphic Film Sector has seen tremendous expansion, with increasingly growing urbanisation contributing to an increase in construction industry activities.
The major players of the global graphic film market are 3M Company, E.I. Du Pont De Nemours and Company. Moreover, the market comprises several other prominent players in the graphic film market as FDC Graphic Films Inc., Avery Dennison Corporation, Spandex AG. The major players in the market comes up with some of the developments to enhance the market growth in the global industry.
Segment Overview of Global Graphic Film Market
Polymer Overview, 2018-2028 (USD Billion, Million Square Meter)
Film Type Overview, 2018-2028 (USD Billion, Million Square Meter)
End Use Overview, 2018-2028 (USD Billion, Million Square Meter)
- Promotional & advertisement
Regional Overview, 2018-2028 (USD Billion, Million Square Meter)
- Rest of Europe
- Rest of Asia-Pacific
Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- Rest of South America