Global Market Study on Decorative Films & Foils: Demand from Commercial End Use Sector to Witness Firm Growth


Decorative Films Foils  Market
  • Published On : Nov-2018 |
  • Pages : 226 Pages |
  • Format :

Decorative Films and Foils Market: Report Description

This PMR study on the decorative films and foils market offers an eight-year forecast for the global decorative films and foils market between 2018 and 2026. The decorative films and foils market study considers 2017 as the base year with market values estimated for 2018 and a forecast developed for the duration 2018 to 2026. Compound Average Growth Rate (CAGR) for the decorative films and foils market study has been represented from 2018 to 2026. This decorative films and foils market study covers various perspectives of the market, including market dynamics, value chain and pricing chain analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with segment level projections in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global decorative films and foils market is projected to grow at a CAGR of 5.7% between 2018 and 2026, in terms of value. Growing well drilling activity in the oil and gas industry and reasonable cost of operations are some of the factors positively impacting the uptake of decorative films and foils in the global market.

A decorative film is a thin laminate film, having a clear or colored pattern, which can be applied on the exterior or interior surfaces of substrate materials. A decorative foil is an impregnated paper product consisting of a paper base, which is printed with the rotogravure system and laminated with polymer resin materials such as PET.

The Persistence Market Research report on decorative films and foils carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters such as material type, application, end use and region. This decorative films and foils market report is structured to facilitate the reader to develop a thorough understanding of the market. The report begins with market definitions, which are followed by market background, market dynamics and market analysis by key segments, regional analysis and competition landscape. Each section of the decorative films and foils report covers a qualitative and quantitative assessment of the market on the basis of facts, historical developments and key opinions collected from industry participants through dedicated interviews and trends in the market.

Decorative Films and Foils Market: Segmentation

Martial Type

Application

End Use

Region

  • Polyvinyl Chloride
  • Polyester
  • Polypropylene
  • Vinyl
  • Furniture
  • Doors & Windows
  • Flooring
  • Automotive Interior & Exterior
  • Residential
  • Commercial
  • Institutional
  • North America
  • Latin America
  • Europe
  • Asia Pacific excl. Japan & China
  • China
  • Japan
  • MEA

The decorative films and foils report begins with a market introduction, which defines the market taxonomy and product definitions with respect to the global decorative films and foils market assessment. In the next section, the decorative films and foils report describes the market development background, covering macro-economic factors and industry factors affecting the decorative films and foils market for the base year considered for the study.

The next section of the decorative films and foils report discusses market dynamics, such as drivers (supply and demand side), restraints and trends, impacting the market growth at a global level. This section also includes the impact assessment of market dynamics on the global decorative films and foils market.

Subsequent sections of the decorative films and foils report provide value (US$) and volume (Sales in Million sq. meter) projections for the decorative films and foils market on the basis of the aforementioned segments at a global level. The next section of the report presents a summarised view of the global decorative films and foils market based on seven prominent regions considered in the study.

All the above sections evaluate the present decorative films and foils market scenario and growth prospects in the global decorative films and foils market while the forecast presented in the sections assesses the market size in terms of volume and value.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the decorative films and foils market and identify the right opportunities available.

Another key feature of this decorative films and foils report is the analysis of all key segments in the decorative films and foils market, sub-segments and the regional adoption and revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales and delivery perspective in the decorative films and foils market.

In order to understand the key market segments in terms of growth and installation of decorative films and foils across concerned regions, Persistence Market Research has developed the attractiveness index, which will help providers identify real market opportunities.

In the final section of the decorative films and foils report, a competitive landscape of the decorative films and foils market has been included to provide report audiences with a dashboard view, categorised on the basis of providers present in the value chain, their presence in the decorative films and foils market and key differentiating factors and strategies. The primary category of providers covered in the report includes decorative films and foils manufacturers. This section in the decorative films and foils market report is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the decorative films and foils market. Examples of some of the key competitors covered in this report include LG Hausys, Ltd., Renolit , Klockner Pentaplast Group, Omnova Solutions, Avery Denisson Corporation, Peiyu Plastic Corporation, Mondoplastico S.p.A, AVI Global Plast Pvt. Ltd, Ergis Group, Macro Plastic Sdn. Bhd, Jindal Group, Foleinwerk Wolfen GmbH and Amcor International.

The decorative films and foils market report covers comprehensive information about market trends, volume (Million sq. meter) and value (US$ Mn) projections, market dynamics, competition and recent developments in the global decorative films and foils market for the study period of 2013 to 2026.

The global decorative films and foils market is expected to create an absolute $ opportunity worth US$ 10.1 Billion during the forecast period, while registering a CAGR of 5.7%, by value, for the period between 2018 and 2026. The growing construction industry, increasing spending on furniture, demand for improved aesthetic in residential and commercial spaces are some of the factors expected to drive the robust growth of the global decorative films and foils market.

Polyvinyl Chloride (PVC) Material Type to Dominate the Decorative Films and Foils Market

The segments of the decorative films and foils market, based on material type, are polyvinyl chloride, polyester, polypropylene and vinyl. The polyvinyl chloride segment is expected to dominate the decorative films and foils market in terms of value as well as volume during the entire forecast period. Polyvinyl chloride decorative films and foils find extensive usage, owing to their cost effective and reliable application for various types of substrates. Polyvinyl chloride foils are widely used in the furniture industry across all regions, mostly due to their long lifespan and affordability. However, environmental concerns concerning the chemical composition of decorative films and foils are increasing the usage of polypropylene decorative films and foils as they are considered non-toxic and more environment-friendly.  

The polyvinyl chloride decorative films and foils segment is projected to account for 43.4% of the absolute dollar opportunity created in the decorative films and foils market during the forecast period.

Doors & Windows Application to Witness Strong Growth During the Forecast Period, Led by Increasing Use of Decorative Films for Glass

The decorative films and foils market has been segmented on the basis of application into furniture, doors & windows, flooring and automotive interior & exterior. Decorative films and foils find widespread application in furniture making as they help protect the wooden substrate from physical damage such as scratches, damage from spillage of water or other liquids, protection from stains and so on. Decorative films and foils also find significant application for doors and windows, especially with films for glass doors and windows witnessing high demand, owing to their ability to mimic the distinct visual pattern of specially treated glass such as etched glass and frosted glass. Also, with the energy efficient benefits of window films, the doors and windows application segment is expected to witness strong growth in the decorative films and foils market during the forecast period.     

The doors & windows segment is projected to account for 32% of the total absolute $ opportunity created in the decorative films and foils market during the forecast period.

Use of Decorative Films and Foils in the Commercial End Use Sector to Witness Above Average Growth  

Amongst all end use sectors analyzed in this global decorative films and foils market study, the commercial sector is expected to register 1.7X growth in terms of value during the forecast period. This growth is led by the increasing demand from commercial end users such as offices, shopping and retail establishments, the hospitality industry and others. The changing lifestyles of urban customers have brought into focus the importance of design and aesthetics in commercial spaces, which is also true for the residential end use sector, supporting the growth of the decorative films and foils market.  

The commercial sector is expected to account for 56.3% of the total absolute $ opportunity created during the forecast period in the global decorative films and foils market.

China and the Asia Pacific Region to Lead the Global Decorative Films and Foils Market

The strong commercial and residential construction sector in China and increasing industrialization and urbanization are pegged to create a robust foundation for the growth of the decorative films and foils market during the forecast period. The Asia Pacific excluding Japan and China (APEJC) decorative films and foils market is expected to grow 1.6X over the forecast period and is expected to be followed by Western Europe and North America in terms of growth rate. China, in particular, will lead the growth in the global decorative films and foils market with unprecedented levels of urbanization and increasing per capita incomes.

Collectively, China and Asia Pacific excluding Japan and China (APEJC) are projected to create an absolute dollar opportunity of more than US$ 4.9 Billion during the forecast period in the decorative films and foils market.

decorative films foils market

Decorative Films and Foils Market – Competitive Landscape

The global decorative films and foils market is highly fragmented, with no market player dominating the sector with a sizable share. Globally, the top 10 players in the market collectively hold less than 40% the market share.

In the recent past, the decorative films and foils market has witnessed significant developments from the competition perspective. New product launches, expansion and collaboration are some of the key preferred strategies opted by key players to expand and sustain in the global decorative films and foils market.

  • In August 2018, LG Hausys introduced the new DECO Foil product Solid Matt, an interior decorative material designed especially for the kitchen
  • In 2016, Omnova Solutions, Inc. launched a new online design center for its laminates and synthetic leather upholstery to showcase its range of laminates and other film products
  • In 2015, The Ergis Group relocated its production site for thermo-shrink PVC films from O?awa to W?brze?no

Some of the prominent players covered in this market study on the global decorative films and foils market include LG Hausys, Ltd, Avery Dennison Corporation, Jindal Poly Films Ltd, Klöckner Pentaplast, Renolit, Omnova Solutions, Inc., Ergis Group and Mondoplastico S.p.A., apart from the various regional players in each of the market geographies.

Key Questions Answered in the Report

  • How has the decorative films and foils market evolved over the past four years?
  • What shape is the decorative films and foils market expected to take in terms of volume and value during the study period?
  • What are some of the prevailing market dynamics in the decorative films and foils market?
  • What are the competition developments and trends in the decorative films and foils market?
  • What are some of the underlying macro-economic and industry factors impacting the growth of the decorative films and foils market?
  • What are the important key challenges, opportunities and improvement factors for decorative films and foils market players?
  • What are the important market positioning and key strategies of key manufacturers as per the decorative films and foils market taxonomy?
  • How is the competition structured at present and how has it evolved in the decorative films and foils market over the past few years?

Company Profiles

  • LG Hausys, Ltd.
  • Renolit
  • Klockner Pentaplast Group
  • Omnova Solutions
  • Avery Denisson Corporation
  • Peiyu Plastic Corporation
  • Mondoplastico S.p.A
  • AVI Global Plast Pvt. Ltd
  • Ergis Group
  • Macro Plastic Sdn. Bhd
  • Jindal Group
  • Foleinwerk Wolfen GmbH
  • Amcor International
  • Others.
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