(MENAFN- PR Newswire)
NEW YORK, Aug. 23, 2023 /PRNewswire/ -- The
hot stamping foils market size is expected to grow by
USD 177.96 million from 2022 to 2027, according to Technavio.
As per the latest report, the market will progress at a CAGR of 3.01% during the forecast period. The use of hot foil stamping to improve package aesthetics and attract customers are notably driving the market growth.
Methods such as hot foil stamping, embossing, and different other printing effects are mostly used in consumer-facing industries and products, such as food and beverages, cosmetics, and variother consumable and non-consumable products. The critical
use of hot stamping foil is in consumer goods and product packaging, where it is used to improve the visibility and aesthetic appeal of the product, therefore helping attract and retain customer attention for longer. For instance, research done by the Foil & Specialty Effects Association (FSEA) has conclusively depicted that foil-stamped packaging enhances the number of sales. Consequently, to increase product and brand recognition and sales, hot
stamping foil technology is used widely by marketing strategists and sales executives in consumer product organizations. Such factor drives the market growth during the forecast period.
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![Technavio has announced its latest market research report titled Global Hot Stamping Foils Market 2023-2027]( "Technavio has announced its latest market research report titled Global Hot Stamping Foils Market 2023-2027")
Technavio has announced its latest market research report titled Global Hot Stamping Foils Market 2023-2027
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our hot stamping foils market report covers the following areas:
hot stamping foils market size hot stamping foils market trends hot stamping foils market industry analysis hot stamping foils market five forces analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. API FOILMAKERS LTD., Crown Roll Leaf Inc., Foil Stamp Solutions, FOLLTD., Henan Foils, ITW Specialty Films, K LASER TECHNOLOGY (HK) Co. Ltd., Katani Co. Ltd., Kolon Industries Inc., LEONHARD KURZ Stiftung and Co. KG, MURATA KIMPAKU Co. Ltd., NAKAJIMA METAL LEAF, POWDER Co. Ltd., Nova Polymers Inc., Oike Kogyo Co. Ltd., Peyer Graphic AG, Point Scandinavia AB, Rasik Products Pvt. Ltd., Spartanics, UNIVATechnology Inc., and Washin Chemical Industry Co. Ltd.
are some of the major market participants. Although the Use of hot foil stamping to improve package aesthetics and attract customers will offer immense growth opportunities, Competition from alternative printing technologies will challenge the growth of the market participants. To make the most of the opportunities, market vendors should fomore on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Hot Stamping Foils Market 2023-2027: Major Trends
Innovation in the hot stamping foil industry is a key trend influencing the hot stamping foils market growth. In recent years,
The hot stamping foil industry has experienced
an inflow of several new advancements
in the market. Vendors
such as K LASER Technology and CFC International, also invest a substantial amount of their revenues in product R&D activities. For instance, K LASER Technology has planned to invest in developing projects such as UV equipment, the process for deep structure pattern production, seamless holographic origination, and hologram seamless electroforming equipment. Also, API has introduced an
improved metallic hot-stamping foil, the MV-PSeries, which displays better brightness, heat resistance, and adhesion attributes over a variety of substrates and can utilize a greater range of inks than alternative printing technologies. Such technologies are anticipated to give companies a better competitive edge over alternate printing technologies and drive market growth during the forecast period.
Hot Stamping Foils Market 2023-2027: Segmentation Hot Stamping Foils Market is segmented as below: Product
Metallic Pigment Holographic
End-user
Cigarettes And Beverages Cosmetics Consumer Electronics Textile And Apparel Others
Geography
Europe North America APAC South America Middle East And Africa
The market share growth by the
metallic segment will be significant during the forecast period. Almost all manufacturers provide metallic hot stamping foils in this segment.
In developing countries, the increase in disposable income
enables people to expend more on luxury goods and branded items, which often come with metallic hot-stamped packages. Due to the growing demand for premium and high-end packaging from the luxury goods market, the demand for metallic hot stamping foils is anticipated to grow significantly during the forecast period.
Hot Stamping Foils Market 2023-2027: Challenge
Competition from alternative printing technologies is a significant challenge hindering market growth.
What's New? -
Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial -
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Hot Stamping Foils Market 2023-2027: Company Analysis We provide a detailed analysis of around 25 vendors operating in the Hot Stamping Foils Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Hot Stamping Foils Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Company Offerings
API FOILMAKERS LTD. -
The company offers metallic hot stamping foils which are used for general graphic applications. Crown Roll Leaf Inc. -
The company offers hot stamping foil which is used for finishing packaging products such as food, medicines, and beverages. Foil Stamp Solutions -
The company offers hot stamping foil which is used in making banknotes, printing greeting cards, and other commercial print applications.
Hot Stamping Foils Market 2023-2027: Key Highlights
CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist hot stamping foils market growth during the next five years Estimation of the hot stamping foils market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the hot stamping foils market Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of hot stamping foils market vendors
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Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Historic Market Size
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by End-user
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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SOURCE Technavio
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