The graphic film market is projected grow from USD 24.17 billion in 2017 to USD 31.10 billion by 2022, at a compound annual growth rate (CAGR) of 5.17% during the forecast period.
Graphic film market projected to grow at a CAGR of 5.17%
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The graphic film market has been growing as a result of changes in lifestyle, increase in disposal income, and advancements in marketing technology. The cost-effectiveness of graphic film and emphasis on modern technologies in the promotional & advertisement and automotive industries have prompted a rise in demand for graphic film.
Fluctuations in the prices of raw materials have resulted in an unfavorable impact on the profitability of the graphic film industry. Environmental issues and fluctuations in oil and resin prices have added to the cost pressure on raw material providers of graphic film.
The source of the price rise includes increase in crude oil prices caused by the numerous geopolitical problems; additionally, unorganized structure of the market has hindered the market over the years.
PVC segment, by polymer, projected to grow at the highest CAGR during the forecast period
PVC polymer is used for manufacturing vehicle wraps, point-of-sale (POS), promotional banners, and magazine covers. The PVC segment is witnessing high growth owing to its properties of recyclability, cost-effectiveness, flexibility, durability, print adaptability, and its ease of usability.
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*Top 10 Companies Analyzed for This Studies are - The global market for graphic film is dominated by large players such as Avery Dennison Corporation (US), 3M Company (US), E. I. du Pont de Nemours and Company (US), CCL Industries, Inc.
(Canada), Amcor Limited (Australia), Constantia Flexibles Group (Austria), Hexis S.A. (France), DUNMORE Corporation (US).
- Laminated graphic film manufacturers
- Manufacturing organizations
- Automotive manufacturers
- Construction organizations
Key point from table of content
6 Graphic Film Market, By Polymer
6.2 Polypropylene (PP)
6.3 Polyethylene (PE)
7 Graphic Film Market, By Film Type
7.2 Opaque Films
7.3 Reflective Films
7.4 Transparent Films
8 Graphic Film Market, By End Use
8.3 Promotional & Advertisement
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