In 2022, the decorative surface films market is anticipated to be worth over US$ 7 billion, according to a recent analysis by Future Market Insights. The market for decorative surface films is anticipated to grow at a CAGR of 5.5% from 2022 to 2032, reaching US$ 12 billion. The packaging industry has expanded significantly as a result of its widespread use across many end user industries.
In response to consumer demand, this has caused the packaging industry to innovate its products. Additionally, packaging has expanded to include a wide range of materials that give the products a finishing touch, rather than just being restricted to certain end user industries.
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Global Decorative Surface Films Market – Market Dynamics
With increasing investment in technology, leading manufacturer of the decorative surface film is highly focusing on the use of a conventional raw material. Use of such innovative material has enabled the manufacturer to produce decorative surface films which are resistant to scratches, stain and external chemical components.
Such factor is increasing the application use of decorative surface films across the food industry. Moreover, the use of conventional decorative surface films is immensely product appealing for the manufacturer.
All these factors are propelling the demand for decorative surface films across the developed market. One of the leading trend in decorative surface films is the use of active packaging technology. Such active packaging technology protects the product from external ingress of oxygen, moisture or microbiological contamination. These form of sustainable packaging is pushing the growth of decorative surface films market.
Decorative Surface Films Market – Key Players
Some of the key players operating in the global decorative surface films market include
- Klockner Pentaplast,
- Konrad Hornschuch AG,
- TAGHLEEF Industries Group,
- The AmGraph Group,
- DuPont,
- Metropolitan West, Inc.,
- Hanex, Global Coating,
- Vaccum Surtec,
- Poli-Film Australia,
- Riken Technos Corp,
- Avery Dennnison,
- Griff Paper and
- Film Inc.
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Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Future Market Insights states that the advantages offered by decorative surface films is gaining traction for the same and working in its favor.
- Decorative surface films offer privacy along with improving the overall look of the space.
- Integrates active packaging easily. This, in turn, helps in the sustainability of products.
- Decorative surface films can withstand external components.
In the upcoming years, the manufacturing and application of decorative surface films are expected to change rapidly owing to sustainability requirements from various government authorities.
Moreover, the changing landscape of interiors in the commercial and residential sectors along with redesigning of decorative surface films is expected to positively influence the demand for the same. In addition, technological advancements in decorative surface films packaging with the integration of IoT features will change the functioning of the same in the upcoming years.
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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