Market Research Blog

The global degassing valve market is anticipated to reach US$ 140 Mn in 2022, according to a recent market report by Future Market Insights (FMI). Sales will reach US$ 215.7 Mn in 2031 thanks to a 4.9% CAGR in growth.

Degassing valves are used to release/remove the air and carbon dioxide from a variety of bags and pouches. These valves retain the quality, freshness, and aroma of food like coffee, dairy goods, pet food, etc. thanks to their remarkable functionality.

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With their degassing mechanism, these valves have brought about a significant change in the way coffee and other food products are packed and transported. The introduction of flexible packaging is also expected to boost sales of degassing valves over the assessment period.

Factors such as rising consumption of coffee among millennials and increasing import and export of coffee products worldwide are key factors driving the degassing valves market.

Degassing valves are available with or without a filter. Both types have their own mechanism and functionality. Degassing valves with integrated filters are mostly suitable for powdered food and coffee products. The filter can prevent small powder particles from getting into the degassing valve.

Leading manufacturers operating in the market are providing valves with filters to fulfil the precise requirements of brand owners. The addition of these filters enables manufacturers to offer degassing valves for both coffee bean and powdered coffee packaging.

Surging demand for degassing valves with integrated filter mechanism among the small as well as leading coffee brand owners is expected to complement the growth of the market over the assessment period.

• Through 2031, the filter integrated valves segment is anticipated to hold a 75% market share by product type.
• PE (Polyethylene) will become the most popular material for making degassing valves based on material type. 
• During the forecast period, the segment is expected to present an additional potential worth US$38.0 Mn.
• In 2022, it is anticipated that North America and Europe would represent 52.0% of the degassing valve market share.

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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According to Future Market Insights (FMI), the global pad printing machine market exhibit a CAGR of 5.4%, driven by high demand for automated printing machines and integration of latest technologies in pad printing mechanism.

The pad printing process is basically an indirect process for photogravure printing where the image from 2D format is transferred on a 3D object. Silicone pads for their property of being ink repellant are used as a transfer medium for the ink onto the object.

Disruptive intelligent automation and industrialization are key drivers of the pad printing machine market. Any slowdown in the global economic growth has a far-reaching impact on pad printing machines sales because it not only impacts pricing and demand but also affects the availability of machines and import-export factors in the market.

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Thanks to economic recovery post COVID-19 outbreak, sales in the market is picking up, albeit gradually. FMI predicts impressive prospects for growth as sales recover in the automotive sector, which is a key end user of pad printing machines.

As a result of the increasing per capita income of consumers across the globe, the automotive industry is growing rapidly. The economic, as well as luxury car segments within the automotive market have witnessed steady growth in the past decade. Furthermore, the popularity of electric vehicles and hybrid electric vehicles is picking up globally.

The pad printing technology is widely used in the printing of various components and parts of vehicles including knobs, centre console components, indicator parts, dashboard components, door handles, wheel rims, and automotive electronics plastics among others.

The players in the automotive industry often use pad printing machines to improve the décor and attractiveness of small components. This is generally done to enhance the aesthetic appearance of the vehicle and introduce unique identifying features, with an aim to stand out in the competition. The consistent growth of the automotive industry and growing applications of pad printing solutions are anticipated to drive the market for pad printing machines during the foreseeable future.

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Key Takeaway from Pad Printing Machine Market

• Demand for multi-color pad printing machines is expected to increase at a CAGR of 5.7% during 2021-2031.
• Due to advancement in technology and advantages associated with rotary printers, the segments is expected to create incremental opportunity of US$ 314 Mn during the forecast period.
• The usage of medium output pad printing machines will increase and is expected to account for 42.5% of sales in the global pad printing machine market by 2031.
• Pharmaceutical and medical device sector is expected to account for maximum sales in 2021.

“Pad printing machine market is driven by novel applications in industries like glassware and CBD packaging. Pad printing is expected to replace digital printing in the coming years,”- said a FMI Analyst.

Adoption of Camera Integrated Systems in Pad Printing Machines to Bolster the Market Growth

Some of the pad printing machine manufacturers are introducing cameras at several steps of the printing process. The cameras enable users to detect any errors and check the calibrations of the machine set up. The cameras are used depending on the applications and requirements often to check the position of the object in the jig and/or the printed image after contact with the pad.

In the automatic machines, the corrections can be configured immediately if any misprint is noticed for example because of the incorrect printing position. This helps in avoiding additional costs incurred if the bulk quantity is misprinted and needs to be replaced or reprinted.

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Pad Printing Machines Market Landscape

Inkcups Now Corp., Printex USA, Illinois Tool Works Inc., Engineered Printing Solutions, Printa Systems, LLC, DECO Technology Group, Inc., AutoTran Inc., Winon USA, Tampoprint AG, Miedl & Schnall GmbH, Tamponcolor TC Druckmaschinen GmbH, Mascoprint Developments Limited, Comec Italia Srl, Teca-Print USA, ESC Europa-Siebdruckmaschinen-Centrum GmbH & Co. KG are some of the market players in pad printing machine market. Key market players in tier one hold 25% to 35% of the global market share.

Pad Printing Machine Market by Category

By Product Type:

• Single-Color
• Multi-Color

By Printer Type:

• Rotary
• Flatbed

By Output:

• High
• Medium
• Low

By End-use:

• Pharmaceutical & Medical Devices
• Textile / Apparel
• Automotive
• Consumer Goods
• Others (Electronics, etc.)

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Middle East and Africa (MEA)
• Oceania

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Diagnostic Stopper Market: Diagnostic Stopper Market by Product Type, Material, Coating, Sterilization Technology, End Use & Region – Forecast 2022-2032

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10-years.

Contact:

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Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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According to the latest industry report published by Future Market Insights (FMI), the global volume of barricade tape is expected to surpass 1,000 Mn Sq. Mt. in 2021.

The overall barricade tape market is expected to reach US$ 1.67 Bn by 2031, growing at a CAGR of 4.6% between 2021 and 2031. FMI also has projected the competition to accelerate with top 5 providers holding 15-20% of barricade tape market in 2021.

All those social and employee welfare organizations are mandating the use of barricade tape in companies, organizations and medium-sized workplaces where no standard safety protocols are being followed.

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In addition to that, as a part of safety measures at places where the harmful and flammable goods are stored, those places require proper safety marking and labelling by barricade or security tapes.

Different coloured barricading tapes are manufactured by key players for indication of different types of dangers or hazards. Also, different types of printed tapes are used to alert people to various types of hazards.

For instance- red/white coloured tape for fire prevention & protective equipment, yellow/black coloured tape for caution, and red coloured tape for serious hazards and dangers.

Key Takeaways from Barricade Tapes Market

• Barricade tapes with a thickness ranging from 6 to 8mm is expected to record growth at 5% CAGR between 2021 and 2031. Barricade tapes with medium thickness offer cost-effective, durable and lightweight soft barricading solutions for end-use industries across the globe.
• Expansion of building & construction industry across the U.S. will offer a total incremental opportunity of US$ 140 Mn over the next decade.
• Easy availability, flexibility and hassle-free production process makes plastic as most preferred material by barricade tapes manufacturers across the regions. Plastic barricade tape is expected to account for 60% share in 2021.
• Sales of barricade tapes used in industrial end users are anticipated to exhibit growth at 5% CAGR between 2021 and 2031, on the back of favourable stringent regulation for safety of employees and labor.
• Germany is expected to be the largest market for barricade tapes in Europe accounting for almost 20% market share in 2021.

“Upgradation of workplace safety laws, along with the expansion of end-use industries such as automotive, construction, mining, and manufacturing will result in increased demand for barricade tapes across the globe. Moreover, producers of barricade tapes are developing sustainable tapes to woo environmentally conscious consumers across the globe,” says FMI analyst.

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Increasing Popularity of Custom-built Barricade Tapes Showcases Intrinsic Growth Potential

In the modern-day, customized products and services are witnessing exponential growth, as people are more attracted towards a product or solution specifically designed to fulfil their needs. Customized products are more in demand as these products are tailor-made as a solution to existing problems faced by end-user industries.

Major manufacturers operating in the global barricade tapes market are eyeing various differentiation strategies to gain competitive edge and maintain dominance in the market. To offer unique versions of barricade tapes, these companies are offering a variety of customized options to end-user industries, in which clients choose the design, material, color and text written on the barricade tapes as per their needs.

Competitive Landscape

Key players operating in barricade tape market are focusing on untapped markets to capitalize on lucrative growth opportunities offered by developing and under developed regions.

Also these players are coming up with sustainable barricade tape that are environment friendly, to attract concerned consumer bases.

• In June 2021, Intertape Polymer Group Inc. announced the acquisition of Nuevopak Global Limited for US$ 40 Mn to strengthen its packaging machines portfolio.
• In January 2019, Tesa SE announced the expansion of its production facility in Suzhou, China, by investing more than US$ 35 Mn, which includes the creation of a clean-room production unit and will provide expanded production capabilities to special adhesive tape.

Barricade Tapes Market Landscape

Some of the key players dominating the global barricade tapes market are

• 3M Company,
• Shurtape Technologies, LLC,
• Brady Corporation,
• Scapa Group PLC,
• Tesa SE,
• Surface Shields, Inc.,
• Advance Tapes International Ltd.,
• Vibac Group S.p.a.,
• Mutual Industries, Inc.,
• Custom Tape Ltd,
• Intertape Polymer Group Inc.,
• Yuyao Laisifu Houseware Co., LTD,

Nitto Denko Corporation, Ningbo Teagol Adhesive Industry Co., LTD and MAS Corporation.

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How has Covid-19 Impacted Global Barricade Tape Market?

Unprecedented outbreak of COVID-19 pandemic hampered the sales of barricade tapes. Disruption of supply chains as a result of lockdown regulations imposed by governments dampened the sales prospects.

Only the production and distribution of medicinal supplies and food & beverage products was allowed under strict guidelines. Hence, sales of barricade tapes were largely impacted as the manufacturing and building & construction activities were under complete shut down during the FQ-20.

However, with expedited vaccination drives and resumption of construction and mining sector, expansion of end-use industries will ensure intrinsic growth for barricade tape market through 2021 & beyond.

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.   
Christiana Corporate,
200 Continental Drive, 
Suite 401, Newark, 
Delaware – 19713, USA   
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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ESOMAR-certified consulting firm Future Market Insights estimates the global silicone release liners market to grow at 8.1% CAGR during the period 2021-31. The market has been forecast to offer an incremental opportunity of US$ 1.5 Bn in the span of next 10 years.

Release liners are widely used as a backing material for the face stock of labels, tapes and other application where the adhesive needs to be protected for a longer period of time. They are coated with silicone to protect the integrity of the adhesive and allow efficient and easy release of the face stock from the liner as and when required.

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Important Lessons from the Silicone Release Liners Industry

• Paper liners are anticipated to grow at an excellent 7%CAGR between 2021 and 2031, according to liner type.
• In terms of application, the labels category is anticipated to account for 8% of total value in 2031 as a result of a surge in demand for pressure-sensitive labels.
• Over the next 10 years, it is anticipated that sales of silicone release liners will increase at a CAGR of 5% in the food business.
• Due to their well-established package liners industries, North America and Europe are anticipated to control more than half of the global silicone release liners market.
• The markets in South Asia and East Asia are seeing the fastest growth, with CAGRs of 5% and 11.4%, respectively.

 “Rapid expansion of healthcare and food & beverages sectors across the globe is anticipated to create growth opportunity for the silicone release liners market. With increasing need for safe packaging, key players are focusing on new product launches to expand their portfolio and gain competitive edge in the market” says FMI analyst.

Growing Awareness Regarding Hygiene Products Fueling Demand for Silicone Release Liners

Growing awareness among consumers in developing nations such as India and Brazil regarding the hygienic packaging for products in infant and sanitary care sectors is resulting in high demand for silicone release liners.

Silicone Release Liners Market Projected The Demand To Rise At 8.1% CAGR Between 2021 And 2031.

Initiatives undertaken by NGOs and government bodies for promoting these products to the rural as well as economically weaker section of people living in urban areas are resulting in the g demand for hygiene products.

Rising demand is attracting many new players to enter the market. Meanwhile established companies are focusing on expanding their footprint worldwide.

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How will Aggressive Branding and Marketing Strategies Adopted in the Food & Beverage Industry Affect Sales?

Emergence of new players in the food & beverages industry has increased the competition. Manufacturers in the industry are therefore focusing on increasing the shelf appeal of their products.

Aggressive branding and marketing of products with the help of attractive and distinct labels and custom printed tapes is a key strategy adopted by manufacturers to gain competitive edge.

Pressure sensitive labels are extensively used in the packaging of food and beverage products. This is primarily because they are easy to apply and are suitable for labelling bulk quantities in less amount of time.

Competitive Landscape

Companies operating in the silicone release liners market are aiming at product launches, expansions and strategic partnerships with other manufacturers. Key players are also focused on expanding their product manufacturing capabilities, product portfolio and global presence.

Leading manufacturers are committed to the research and development for the product and are consistently offering innovative applications of the product for many industries.

Silicone Release Liners Market by Category

By Liner Type:

• Paper Liner
• Film Liner

By Coating Type:

• Single Side Coated
• Double Side Coated

By Application:

• Labels
• Tapes
• Graphic Films
• Hygiene and Medical Applications
• Others (Envelope, etc.)

By End Use:

• Food and Beverages
• Healthcare
• Electrical and Electronics
• Chemical
• Other Industrial

By Region:

• North America
• Latin America
• Europe
• Middle East and Africa (MEA)
• East Asia
• South Asia
• Oceania

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Have a Look at Related Research Reports of Packaging

Packaging Inserts Market Value:  Packaging inserts sales are projected to increase at a healthy CAGR of 4.5% over the forecast period, to top a valuation of US$ 3.5 Bn by 2032

Metal Banding Machine Market Demand: The global metal banding machine market is projected to witness growth at a healthy CAGR of 3.9% from 2022 to 2032 and reach a valuation of US$ 1 Bn by 2032

Reusable Water Bottles Market Type:  The reusable water bottles market is enjoyed a valuation of US$ 8.9 Billion in 2022, and further expand at a CAGR of 3.6% to reach US$ 12.7 Billion by 2032

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com

As per a recent market analysis by Future Market Insights (FMI), the global caps and closures market is anticipated to reach US$ 81.6 Bn in 2021. With a favorable demand outlook from the food & beverage and pharmaceutical industries, the market is projected to grow at a 5.6% CAGR through 2031. 

Caps and closures made from plastic and metal are widely adopted in the packaging industry for closing and sealing a wide range of packaging formats such as bottles, jars, containers, and cartons. Attractive shelf-appeal, user friendly design and easy accessibility are key factors boosting sales of caps and closures. 

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FMI forecasts sales of caps and closures to gain traction on the back of their predominant use in both industrial and non-industrial sectors. Owing to surging demand, manufacturers operating in the global caps and closures market are offering innovative designs such as child resistant caps to gain a competitive edge in the market. 

Growing preference towards lightweight and convenient packaging solutions is further anticipated to provide tailwinds to caps and closures sales. Improvements in formats such as screw closures and tethered caps will continue fostering sales of the same over the forecast period. 

Besides this, consistent development of pharmaceutical products and personal care products is propelling demand for caps and closures. Catering to high demand, manufacturers are investing in strategic collaborations, mergers, and acquisitions to expand their production facilities and product portfolios. 

As per FMI’s in-depth regional analysis, the U.S. is anticipated to dominate the North American caps and closures market. Growth can be attributed to the presence of key market players, coupled with increasing per capita expenditure on food & beverages and pharmaceuticals in the country. 

“Customized solutions aligned with end-use requirements offered by market players, along with intensive research and development to launch sustainable packaging solutions will continue augmenting the global caps and closures market growth through 2031,” says the FMI analyst. 

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Key Takeaways: 

• By product type, the screw closures segment is projected to hold 51% of the total caps and closures sales. 

• In terms of material type, plastic will emerge as the most-preferred material, growing at a 5.7% CAGR. 

• By end-use, the food & beverage segment is estimated to remain the major revenue contributor in the global caps and closures market. The segment is projected to offer an incremental opportunity of US$ 35.2 Bn during the assessment period. 

• The U.S. will continue witnessing high demand for caps and closures, with sales increasing at a 3.5% CAGR through 2031. 

• Germany will lead the European caps and closures market, holding 16% of the total sales in Europe. 

• India will emerge as an attractive market, accounting for nearly 23% of the APAC caps and closures market. 

• The Japanese caps and closures market is projected to grow at a 6.8% CAGR 

Competitive Landscape 

• Crown Holdings Inc, 
• BERICAP Holding GmbH, 
• Guala Closures S.p.A, 
• Closure Systems International, Inc 

are the top players operating in the caps and closures market. Furthermore, 

• Amcor Plc, 
• Silgan Plastic Closure Solutions, 
• Aptar Group, 
• UNITED CAPS, 
• Nippon Closures Co., Ltd. 

are also the noticeable players in the caps and closures market. The Tier 3 players in the market hold 85-95% in the global caps and closures market. In conclusion, key players contribute almost 05-15% of the global market. For instance in 2021, Berry Global Inc. one of the leading packaging and caps and closure manufacturer has introduced lightweight plastic caps through the reduction in overall plastic usage. 

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Caps and Closures Market by Category 

By Product: 

• Screw Closures 

• Snap Closures 
• Push-Pull Closures 
• Tethered Caps 
• Others 

By Production Process: 

• Injection Molding 
• Compression Molding 
• Others (Blow Molding, and more) 

By End Use: 

• Food & Beverage 

• Consumer Goods 
• Personal and Homecare 
• Pharmaceuticals 
• Others 

By Region: 

• North America 
• Latin America 
• Europe 
• APAC 
• MEA 

About Us

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
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Website: https://www.futuremarketinsights.com

With a favorable demand outlook, the global MOPP packaging films market is expected to reach US$ 367.7 Mn by 2031, growing at a CAGR of 5.2% over the forecast period.

Sales of MOPP packaging films were dampened due to the outbreak of COVID-19 pandemic. However, with expedited vaccine drives and improvements in supply chains, FMI projects steady recovery of the market in 2021, growing at a 4.7% CAGR by volume.

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Increasing applications of MOPP packaging films in manufacturing of tapes, wraps and labels is driven by their superior benefits such as high tensile strength and tear resistance.

Not only MOPP packaging films have beneficial mechanical properties, but they are visually appealing and contribute to a product’s aesthetic appeal, becoming an ideal choice of primary and secondary packaging solutions.

Growing preference regarding eco-friendly packaging alternatives is encouraging advancements in MOPP packaging films market. These films are made from a single material and have high recycled value. As a result, increasing adoption of sustainable solutions in the packaging industry to comply with environment protection initiatives will continue driving sales of MOPP packaging films during the forecast period.

As per FMI’s in-depth regional analysis, the U.S. is projected to dominate the North America MOPP packaging films market. Growth can be attributed to the presence of several key market players in the country and high demand from the pharmaceutical and foodservice industries.

“Market players are currently focusing on product innovations to offer greater sustainability. Besides this, emphasis on research initiatives is expected to increase as companies aim at offering customized packaging solutions for specific industries,” says the FMI analyst.

Key Takeaways:

• By thickness, above 60-micron MOPP packaging films segment is projected to grow at a 5.6% CAGR through 2031.
• Based on application, the labels segment is expected to hold 38.6% of the total MOPP packaging films market share in 2031.
• Sales of MOPP packaging films in the food industry are projected to expand at a CAGR of 5.6% during the forecast period.
• The U.S. is anticipated to emerge as a lucrative market, accounting for 86.2% of sales in North America by 2031.
• Germany is projected to hold 15.8% of the Europe MOPP packaging films market by the end of 2031.
• India will continue exhibiting high demand for MOPP packaging films over the forecast period, holding 48.7% of the South Asian market share.
• North America and Europe currently hold over 53.6% of the total MOPP packaging films market owing to presence of well-established packaging films industry.

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Growing Preference for Post-Consumer Recycled and Easily Recyclable Plastic Packaging Products to Drive MOPP Packaging Films Sales

Traditionally, it was not possible to manufacture high-quality packaging films from completely recycled products, but with advancements in technology standard, quality packaging films can be made completely using recycled raw material. This is gaining popularity among a lot of manufacturers, as it helps in significantly reducing the carbon footprint of manufacturers, besides helping them to woo consumers showing inclination for sustainable packaging solutions.

Post-consumer recycled plastic is gaining a lot of traction as it is not only environmentally friendly but also comparatively affordable. The use of recycled plastic decreases the demand for the manufacturing of new plastic resins, which reduces the consumption of energy and fossil fuels compared to the requirement for the manufacturing of virgin plastic.

MOPP packaging films are highly recyclable as they are made from a single material and has great value after recycling. As a result, several manufacturers like Monta Klebebandwerk GmbH and Nowofol Kunststoffprodukte GmbH & Co. KG are expanding their product portfolio with post-consumer recycled MOPP packaging film products.

MOPP Packaging Films Market Landscape

Nowofol Kunststoffprodukte GmbH & Co. KG, Futamura Chemical Co., Ltd., Transcendia, Inc. are the top players operating in the MOPP packaging films market. Furthermore, Now Plastics Inc., Lenzing Plastics GmbH Co KG, Toray Plastics (America), Inc. are also some of the noticeable players in the MOPP packaging films market. The Tier 3 players in the market hold 65-75% in the global MOPP packaging films market. In conclusion, key players contribute almost 25-35% of the global market.

Leading players operating in the global MOPP packaging films market are focusing on strategic collaborations, mergers and acquisitions to expand their production facilities and global footprint. In addition to this, product portfolio expansion and customization of products will remain prominent growth strategies among players during the forecast period. For instance:

• In 2020, Toray Plastics (America) Inc. opened a new US$ 4 Million worth innovation centre in Front Royal, Virginia. The new production facility is spread across 5,000 sq ft and houses a custom design pilot line to develop new resin systems and technologies.

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About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

The global textile transfer paper market is projected to grow at a positive rate of 6.4% CAGR during the forecast period of 2021 to 2031. Textile paper transfer market was expected to reach an estimated value of US$ 695.2 Mn in 2021. In terms of volume, the market is anticipated to expand at a 5.9% CAGR. The global growth and expansion of the market are primarily driven by the textile industry.

In the textile industry, emerging economies like India and China are popular markets for textile products and, generally, are the exporters of such products while developed countries like the U.S. and Russia import textile products. This is due to the easy availability of raw materials like cotton, wool, silk, and jute in these Asian countries. Apart from China and India, South Africa is counted among the top textile markets with the market accounting for 8% of the country’s GDP. Thus, the thriving textile industry supports the market for textile paper transfer in regions across the globe.

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Of the two kinds of textile paper transfer, thermal transfer printing, and dye sublimation transfer printing, the latter is quickly gaining traction among manufacturers in countries like India, China, and South Africa. Dye sublimation transfer printing provides a premium quality print with a wide range of color pallets as well as superior durability which makes this process a preferred choice. Thus, the demand for dye sublimation textile transfer papers is expected to grow rapidly.

Other factors that positively influence the textile transfer paper market are health and fitness trends. Growing health-conscious population, one that is increasingly adopting fitness trends, is indirectly contributing to the market growth of the global dye sublimation transfer paper market.

In the sportswear and athleisure clothing sector, many established, as well as new names, are switching to dye sublimation transfer printing. Since sports and fitness apparel are subjected to various conditions, the print quality can be open to degradation. However, the use of dye sublimation transfer printing removes this obstacle. In the dye sublimation transfer printing method, the print or design becomes one with the fabric and is significantly more durable compared to the other printing solutions.

Moreover, due to the pandemic people are more aware of the importance of fitness in developing a strong immunity. All these factors are anticipated to augment the demand for dye sublimation transfer printing which in turn will foster an overall market growth of the textile transfer paper market.

“Rising adoption of sportswear coupled with the advancing textile industry will likely augment the sales of textile transfer papers in the global market for the forecast period,” says an FMI analyst.  

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Key Takeaways:

• Elevated demand for sportswear to propel market growth.
• North America to retain its third largest market rank over the assessment period.
• Textile transfer paper market in the U.K. to grow at 6.2% CAGR over the forecast period.
• India will likely hold 48% of the overall market share in South Asia by 2031.
• The 60-90 GSM thickness segment is expected to grow at 5.7% CAGR.
• Demand in the tacky product type segment is likely to rise over the assessment period.
• Fashion is the most dominant end user in the market.

Competitive Landscape 

• Neenah Coldenhove Holding B.V.,
• Felix Schoeller Group,
• Beaver Paper Group,
• Sappi Limited,
• Guyenne Papier S.A.S.,
• Hansol Paper Co., Ltd.,
• Sihl Inc.,
• Canapa Paper Technologies,
• NanJing Hanrun Paper Industrial Co. Limited (Hanrun® Paper),
• Mitsubishi Hi-Tech Paper Europe GmbH,
• Kaspar Papir, and
• Guangdong Guanhao High-tech Co., Ltd.

among others are some of the major players in the textile transfer paper market that are profiled in the full version of the report.

Major manufacturers of textile transfer papers are concentrating on expanding their product portfolios by releasing novel products into the market. These businesses also employ tactics like strategic partnerships and collaborations with other manufacturers to deepen their market penetration. Major market players are focusing on extending their production capacities to increase their global presence.

More Insights into the Textile Transfer Papers Market Report

In its latest report, FMI offers an unbiased analysis of the global textile transfer paper market, providing historical data from 2015 to 2020 and forecast statistics for the period 2021 to 2031. To understand the global market potential, growth, and scope, the market is segmented based on thickness (below 60 GSM, 60-90 GSM, above 90 GSM), paper type (coated, uncoated), product type (tacky, non-tacky) end use (fashion, sportswear, soft signage, home textiles) and region.

According to the latest FMI reports, based on regional growth, North America is registered as the third largest textile transfer market. The region will likely account for 18% of the overall market share by the end of 2031. This growth is attributed to the growing market prospects in the U.S. The U.S. is anticipated to hold 86% of the total North America market share in the next decade.

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Textile Transfer Paper Market by Category

By Thickness (GSM):

• Below 60 GSM
• 60 – 90 GSM
• Above 90 GSM

By Paper Type:

• Coated
• Uncoated

By Product Type:

• Tacky
• Non-tacky

By End Use:

• Fashion
• Sportswear
• Soft Signage
• Home Textiles

By Region:

• North America
• Latin America
• Europe
• Middle East and Africa (MEA)
• East Asia
• South Asia
• Oceania

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