Hot Stamping Foil Market Demand, Scope and Future Estimation until 2028
Hot stamping is a printing process in which pre-dried ink or foils are transferred to the surface of the object at a very high temperature. It is one of the important and non-polluting processes used for the decoration of various products.
Various types of hot stamping foils such as
metalized foils, pigmented foils, holographic foils, and other specialty foils,
are available in the market and used for different applications. Hot stamping
foil increases the aesthetic appeal of the product, thereby attracting consumer
attention.
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The addition of extra layers on the surface of the
object also helps to increase the shelf life of the product. Hot stamping foils
are widely used in areas like plastics, paper, cosmetics, greeting cards, and
other packaging and graphics industries where appearance, color, and
workability are essential. Also, the eco-friendly nature of hot stamping foil
is likely to create a positive outlook for the growth of the global hot
stamping foil market during the forecast period.
Hot Stamping Foil Market: Dynamics
In order to spark consumer interest, various
packaging manufacturers are focusing on the aesthetic appeal of products. Thus,
the hot stamping process and hot stamping foils have gained enormous importance
in the printing and packaging industry as it enhances product appeal and makes
its packaging distinguished from others.
This factor is expected to fuel the growth of the
global hot stamping foil market during the forecast period. High durability and
workability over various printing processes also appear as essential factors
for the growth of the global hot stamping foil market.
The exceptional offerings of hot stamping foil such
as heat distortion, as well as scratch, moisture, abrasion and chemical
resistance, makes it ideal for various packaging applications. Such factors are
foreseen to diversify the uses of hot stamping foil in multiple areas, which
ultimately push the growth of the global hot stamping foil market during the
forecast period.
The continuous expansion of the packaging and
printing industries across the globe and increasing use of hot stamping foil
for decorative purposes is anticipated to drive the growth of the hot stamping
foil market throughout the next decades.
Also, the biodegradable and recyclable nature of
hot stamping foil ensures no negative impact on the environment. Overall, the
global outlook for the growth of hot stamping foil market is expected to remain
positive during the forecast period.
Hot Stamping Foil Market: Regional Outlook
Western Europe is
expected to dominate the global hot stamping foil market during the forecast
period accounting the largest market share. The rapid expansion of food &
beverage, cosmetics & personal care, automotive, and other industries are
likely to create significant demand for hot stamping foil during the forecast
period.
The major economies
such as Germany, the U.K., France, and Italy are expected to drive the Western
Europe hot stamping foil market during the forecast period. Overall, Western
Europe is expected to register a positive growth rate of hot stamping foil
during the forecast period.
North America is a
significant shareholder of the global hot stamping foil market and is expected
to record notable growth rate during the forecast period. Rising adoption of
hot stamping foil in packaging and printing applications is expected to push
the growth of the hot stamping foil market.
The U.S. is expected
to be highly attractive in terms of market share, while Canada is likely to
register a high growth rate in the hot stamping foil market. The Asia Pacific
excluding Japan (APEJ) is expected to be a rapidly growing market for hot
stamping foil.
The growth of the
packaging industry in the APEJ region appears to be a key factor in the growth
of the hot stamping foil market. China is estimated to account for a
significant market share, while India is expected to register a high growth
rate in the hot stamping foil market during the forecast period.
Hot Stamping Foil Market: Key Players
Examples of some of
the key players operating in the global hot stamping foil market are:
- UNIVACCO Foils Corporation
- Spartanics
- Rasik Products Pvt. Ltd.
- Point Scandinavia AB
- Foil Stamp Solutions
- Interfilms India Pvt. Ltd.
- Sparkle Foil N Films
- Peyer
- Foilco Limited
- ITW Foils
Hot Stamping Foil Market: Key Trends
Some of the key trends observed among the hot
stamping foil manufacturers are listed below:
- Manufacturers
such as UNIVACCO Foils Corporation and Foilco Limited are focusing on
developing and producing high-quality hot stamping foils.
- To
retain and increase customer base, various manufacturers are channeling
their efforts to provide technical as well as value added service to their
customers.
The report is a compilation of first-hand
information, qualitative and quantitative assessment by industry analysts,
inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent
market trends, macroeconomic indicators, and governing factors along with
market attractiveness as per segments. The report also maps the qualitative
impact of various market factors on market segments and geographies.
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