New York, September 2021: Axiom Market Research & Consulting™ added a report on self-adhesive vinyl films market which includes study on type, application, and geography. The self-adhesive vinyl films market was projected to grow at a CAGR of 4.23% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the self-adhesives vinyl films market.
The factors such as increase in the demand for the superior quality materials for the retail branding has been contributing to the growth of the self-adhesive vinyl films market during the forecast period. The retail branding has been one of the major profits gaining factor for any of the retail industry. Hence the retail branding has often been driving the demand for the different types of self-adhesives vinyl films across the world. Additionally, the increase in the demand for the digital print and signage has been one of the major factors responsible for boosting the growth of the self-adhesive vinyl films. Similarly, the growth in the construction industry has been followed by the growth of the packaging industry in the development of the countries has been the accelerating the growth of self-adhesive vinyl films market.
The report analyses the self-adhesive vinyl films market based on the type, application, and geography. Based on the type, the self-adhesive vinyl films market is segmented into translucent, transparent, and opaque self-adhesive vinyl films market. By application, the self-adhesive vinyl films market is segmented into automotive, industrial, architectural, tapes, and labels. By geography, the self-adhesive vinyl films market is studied across the regions including North America, Europe, Asia-Pacific, and Rest of the World.
The opaque is leading the self-adhesive vinyl films market both in terms of the volume and value, and this growth is because of the different features of Opaque where it can possibly be used in both outdoor and indoor signage, and the opaque has mostly been used for gaining attention of the consumer for the discounts.
Because of the increasing production of the automotive across the world, that has been significantly increased the requirement for the different types of the self-adhesive vinyl films contributing towards the growth of the market. The increasing manufacturer and consumer preference for the different types of films for the purpose of enhancing the look of the automotive has provided many opportunities for the self-adhesive vinyl films market.
The growth of the market in the region of Asia Pacific has been attributed because of the increasing demand for the self-adhesive vinyl films in the different types of application that has been responsible for fuelling demand for self-adhesive vinyl films market. The region of Asia Pacific has also been estimated to be the dominating region in the self-adhesive vinyl films market during the forecast period.
The key players in the self-adhesive vinyl films market are 3M, Avery Dennison Corporation, LG Hausys, Lintec, Arlon Graphics, LLC (Placentia, CA), Hexis S.A.S., Metamark, Kay Premium Marking Films Ltd., Henkel Kg and Co. KGaA, Drytac, Mactac, Guangzhou Idealmax Decoration Material Co. Ltd., Grafityp UK Ltd, ASLAN Selbstklebefolien GmbH, Item Plastic Corp. (IPC), Ikonos Media Sp. o.o, Tri Tigers Tape Co, Ltd and Celadon Technology Company Ltd among others.
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