The report of hot stamping foils market by product (metallic foils, pigment foils, hologram foils, specialty foils), carrier film (paper, cellulose acetate, polyester, polypropylene, pet, polythene), labels & packaging (narrow web labels, wet glue labels, folding cartons, flexible packaging, corrugated packaging), end use industry (cigarettes and beverages, cosmetics, consumer electronics, pharmaceuticals, automobile, currency printing, textile and apparels, publication and commercials) and region (North America, Europe, Asia Pacific, Middle East & Africa, and South America) is expected to reach US$ 9.2Bn by 2026, at a CAGR of 4.2% during a forecast period.
The pharmaceutical segment accounts for a major share of the hot stamping foils market globally. Medical-grade hot stamping foils are used for printing on drug covers, infusion bags, & medical devices. These foils provide pharmaceutical products with a unique identity and help differentiate them from genuine products.
One trend in the market is advance in hot stamping foil industry. The hot stamping foil industry has in current years witnessed an inflow of several new innovations into the market. Many foil vendors and stamping machine manufacturers are investing in research and development operations to reduce cost and rise the efficiency and performance of the hot foil stamping process.
Polyester segment is dominating the global hot stamping foils market.
Polyester is projected to be the largest segment of the hot stamping foils market during forecast period. Polyester has, though, reached maturity and hence, it is likely to witness sluggish growth from 2018 to 2026. Paper, polypropylene, and PET are some of the carrier film types which are increasingly being adopted owing to their recyclable nature.
Europe has the largest market share for global hot stamping foils market during the forecast period.
Europe is expected to be the leading market for hot stamping foils across the world during the forecast period. Because of their increased application in cosmetics, tobacco and pharmaceutical industry. The growing research & development activities conducted by the key players in developing new and innovative technologies are predictable to boost the metallic hot stamping foils market’s growth in this region.
Key players operating in global hot stamping foils market, API Group, Kurz, UNIVACCO Foils Corporation, Crown Roll Leaf Inc., Foilco Limited, Nakai Industrial Group, CFC International, Washin Chemical Industry Co., Ltd., K LASER Technology Inc., NAKAJIMA METAL LEAF, POWDER Co., Infinity Foils Incorporated, Inter Films India Pvt Ltd., RASIK PRODUCTS PVT. LTD., Foil Stamp Solutions, OIKE & Co., Ltd.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global hot stamping foils market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global hot stamping foils market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global hot stamping foils market positioning of competitors.
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