Market Outlook
The research report has forecast that the global graphic films market is estimated to grow at a CAGR of 5.67% between the years 2019-2027.
The growth of this market can be attributed to numerous factors. The marketing communications industry has allocated a sizable amount of its budget for promotional activities. Graphic films are used to make posters, banners, displays, etc. Their use in making 3D posters and digital hoardings is expected to grow significantly. Innovative techniques employed for digital printing has helped in cutting costs; it also helps save time and improve efficiency. The e-commerce industry is gaining momentum, and graphic films are extensively used for packaging and wrapping goods sold on e-commerce portals.
However, the fluctuating costs of raw materials used to manufacture graphic films are hampering the growth of this industry. Resins are derived from crude oil, and the escalating costs of crude oil are building-up pressure on raw material suppliers. Polyethylene and polypropylene are also used in the manufacture of graphic films. The variations in the prices of naphtha and fossil fuels used for manufacturing polyethylene and polypropylene respectively are an additional restraining factor for the growth of the graphic films market.
Regional Outlook
The global graphic films market report consists of the regions of North America, Europe, Asia-Pacific, Latin America and the Middle East & African regions.
The graphic films market in Latin America is expected to surge owing to the growth in the e-commerce and construction industries. As a result of which, the adoption of graphic films would increase in this region, thus fueling the growth of the graphic films market in the Latin America.
Competitive Outlook
The top key market players in the global graphic films market are Arlon Graphics LLC, Drytac Corporation, E.I. DuPont De Nemours & Company, Covestro AG, Amcor, Ltd., 3M Company, Avery Dennison Corporation (Acquired By CCL Industries Inc.), Achilles USA, Inc., Agfa Graphics, Hexis S.A., Jessup Manufacturing, Wiman Corporation, CCL Industries, Kay Premium Marking Film, Dunmore and Constantia Flexibles.
The 3M Company is a multinational company operating in various verticals, of which graphic films production form a part. The company produces printable wrap films, opaque films, reflective films, perforated films, transparent films, translucent films, etc.
The research report has forecast that the global graphic films market is estimated to grow at a CAGR of 5.67% between the years 2019-2027.
The growth of this market can be attributed to numerous factors. The marketing communications industry has allocated a sizable amount of its budget for promotional activities. Graphic films are used to make posters, banners, displays, etc. Their use in making 3D posters and digital hoardings is expected to grow significantly. Innovative techniques employed for digital printing has helped in cutting costs; it also helps save time and improve efficiency. The e-commerce industry is gaining momentum, and graphic films are extensively used for packaging and wrapping goods sold on e-commerce portals.
However, the fluctuating costs of raw materials used to manufacture graphic films are hampering the growth of this industry. Resins are derived from crude oil, and the escalating costs of crude oil are building-up pressure on raw material suppliers. Polyethylene and polypropylene are also used in the manufacture of graphic films. The variations in the prices of naphtha and fossil fuels used for manufacturing polyethylene and polypropylene respectively are an additional restraining factor for the growth of the graphic films market.
Regional Outlook
The global graphic films market report consists of the regions of North America, Europe, Asia-Pacific, Latin America and the Middle East & African regions.
The graphic films market in Latin America is expected to surge owing to the growth in the e-commerce and construction industries. As a result of which, the adoption of graphic films would increase in this region, thus fueling the growth of the graphic films market in the Latin America.
Competitive Outlook
The top key market players in the global graphic films market are Arlon Graphics LLC, Drytac Corporation, E.I. DuPont De Nemours & Company, Covestro AG, Amcor, Ltd., 3M Company, Avery Dennison Corporation (Acquired By CCL Industries Inc.), Achilles USA, Inc., Agfa Graphics, Hexis S.A., Jessup Manufacturing, Wiman Corporation, CCL Industries, Kay Premium Marking Film, Dunmore and Constantia Flexibles.
The 3M Company is a multinational company operating in various verticals, of which graphic films production form a part. The company produces printable wrap films, opaque films, reflective films, perforated films, transparent films, translucent films, etc.
Table of Contents
1. Graphic Films Market - Summary
2. Industry Outlook
3. Graphic Films Market Outlook - By Polymer
4. Graphic Films Market Outlook - By Film Type
5. Graphic Films Market Outlook - By Printing Technology
6. Graphic Films Market Outlook - By End User
7. Graphic Films Market - Regional Outlook
8. Competitive Landscape
9. Methodology & Scope
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Achilles Usa Inc.
- AGfa Graphics
- Amcor Ltd
- Arlon Graphics LLC
- Avery Dennison Corporation (Acquired By Ccl Industries, Inc.)
- Ccl Industries
- Constantia Flexibles
- Covestro AG
- Drytac Corporation
- Dunmore
- E.Idu Pont Nemours And Company
- Hexis Sa
- Jessup Manufacturing
- Kay Premium Marking Film Ltd.
- Wiman Corporation
Methodology
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