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Graphic Film Market worth 31.10 Billion USD by 2022 | Leading Players are Avery Dennison Corporation (US), 3M Company (US), DuPont (US), CCL Industries (Canada), Constantia Flexibles Group

06-01-2020 07:35 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets.com

Graphic Film Market worth 31.10 Billion USD by 2022 | Leading

The report "Graphic Film Market by Polymer (PVC, PP, PE), Film Type (Opaque, Reflective, Transparent, Translucent), End Use (Promotional & Advertisement, Industrial, Automotive), Printing Technology (Digital, Rotogravure), and Region - Forecast to 2022", The graphic film market will 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% from 2017. The growing market for promotional banners and wrap marketing are major driving factors for growth in the graphic film market. Along with the same, growth of the automotive and construction market will lead to growth of the graphic film market.

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Promotional & advertisement segment to gain maximum traction during the forecast period
In terms of end use, the promotional & advertisement segment accounted for the largest share. Promotional & advertisement banners are widely globally for attracting consumers and for making brand awareness; it thus accounts for the largest market share. The automotive segment accounted for the second-largest market share, as there is a growing trend of wrap marketing in the US, the UK, and Germany.

Polyvinyl chloride segment, by polymer, projected to be the fastest-growing during the forecast period
On the basis of polymer, the polyvinyl chloride segment accounted for the largest share of the market. This segment is witnessing high growth due to its ease of printing, flexibility, high durability, recyclability and a large number of application areas.

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Asia Pacific region constitutes the largest share in the graphic film market
Asia Pacific accounted for the largest market for graphic film. This is a developing market due to the rapid urbanization, increase in disposable income, growth in economy, and growth in FDI. China accounted for the largest country-level market for graphic film, globally. This growth can be attributed to technological developments, rise in population, and high disposable incomes of consumers.

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 (Canada), Constantia Flexibles Group (Austria), Hexis S.A. (France) , and DUNMORE Corporation (US). These players adopted various strategies to expand their global presence and increase their market share. Mergers & acquisitions, agreements & expansions, and new product launches are some of the major strategies adopted by market players to achieve growth in the graphic film market.

Scope of the Report
This research report segments graphic film into the following submarkets:

By Polymer:
o PVC
o PP
PE

Others
By End Use:
o Promotional & advertisement
o Automotive
o Industrial
Others

By Film Type:
o Reflective
o Opaque
o Transparent
o Translucent

By Printing Technology:
o Rotogravure
o Flexography
o Offset
o Digital

By Region:
o North America
o Europe
o Asia
o Middle East & Africa
o South America

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Contact:
Mr. Aashish Mehra
MarketsandMarkets(TM)
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

About MarketsandMarkets(TM)

MarketsandMarkets(TM) provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets(TM) for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets(TM) are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets(TM) now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets(TM) is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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