Self-Adhesive Vinyl Films Market Report

Self-Adhesive Vinyl Films Market Report, By Type (Translucent, Transparent, Opaque), Application and Geography – Global Market Share, Trend Analysis & Forecast , 2019 - 2029

Report Code : 11053 | Publish Date : Upcoming | Industry : Chemicals_Materials | Geography : Global


MARKET OVERVIEW- GLOBAL SELF-ADHESIVE VINYL FILMS MARKET

Self-adhesive film is a robust and long-lasting material that can be protected on a variety of surfaces. They protect from the scratches and abrasions, vandalism, shattering, UV damage and fading, and normal wear and tear. Film adhesives are solid sheets made of thermoplastic or partially cured (B-staged) thermosetting polymers that can be cut to size. They are typically used to attach components, substrates, and lids that cover a large area. Self-adhesive vinyl is a thin, flexible material that is commonly used to make colourful and eye-catching signs and graphics. Self-adhesive vinyl is waterproof and suitable for indoor and outdoor applications; it can also withstand temperatures up to 75 °C. These films are created by casting or calendaring. Self-adhesive vinyl films have the capability of good ink absorption and colour penetration. In addition to this, they are also widely used in the automotive, industrial, architectural, tapes and labels, and many more industries. Due to its incredibly attention-grabbing nature, it is anticipated to witness significant growth for the self-adhesive vinyl film market over the forecast period.

MARKET DRIVERS

The primary factors that are responsible for market growth include increasing demand from the automotive industry as well as growing demand from the advertising and promotion industry. Vinyl wraps are incredibly attention-grabbing and protect against scratches or small debris. Vinyl wraps can also be easily and safely removed from a vehicle without scratching the paintwork. This makes it easy to return or sell-on vehicles and saves any additional cost of painting the vehicle back to its original colour. In addition, self-adhesive vinyl films can be applied to various surfaces, such as plastics, ceramics, metal, glass, and many more. Due to this, the demand for self-adhesive vinyl films from the advertising and promotion industries increases. As a result, the growth of the self-adhesive vinyl film market rises. It is anticipated to drive market growth over the estimated time period.

MARKET OPPORTUNITY

The market is expected to have new opportunities with technological advancements and ongoing R&D activities to develop quality self-adhesive vinyl film products. This is expected to provide ample new growth opportunities in the market during the forecast period. Self-adhesive vinyl films are widely used in advertising and the automotive industry due to their increased brightness, which attracts travellers and other notable customers, and their visibility, which will provide numerous market growth opportunities in the future. In January 2022, Lintec announced the acquisition of a business and the establishment of a new company with a U.S. consolidated subsidiary. The primary goal of the acquisition was to expand the printing and variable information products operations. Thus, rising investment in research and development by the companies is anticipated to propel several of them to adopt innovative technologies. Such strategic investments and initiatives are expected to create new growth opportunities for key players operating in the market.

MARKET RESTRAINTS

The growth of the global market for self-adhesive vinyl films is being slowed down by environmental regulations and volatile organic compounds. High production costs, complexity, and customization all contribute to the market's decline, which is the other restricting factor. With their limited life span, the vinyl stickers can deteriorate over time as a result of exposure to sunlight and weather conditions. These are some factors that inhibit the growth of the market.

MARKET GROWTH CHALLENGES

Vinyl stickers can leave adhesive residue behind when they are removed, which can be challenging to remove and can damage the surface they were applied to. In addition, they are made of non-biodegradable materials, and their disposal can have a negative impact on the environment. As a result, biodegradable films are an eco-friendly alternative to traditional vinyl films. These are the key challenge that may affect the growth of the market over the forecast period. 

CUMULATIVE GROWTH ANALYSIS

The report provides an in-depth analysis of self-adhesive vinyl films market, market size, and compound annual growth rate (CAGR) for the forecast period of 2023-2029, considering 2022 as the base year. A rise in demand for self-adhesive vinyl films in various applications is anticipated to stimulate the growth of the market and due to this factor, the market is expected to witness growth at a specific CAGR from 2023-2029.

11053-self-adhesive-vinyl-films-market-report

GLOBAL SELF-ADHESIVE VINYL FILMS MARKET SEGMENTAL OVERVIEW

The global self-adhesive vinyl films market comprises of different market segments like, type, applications and geography. 

GLOBAL SELF-ADHESIVE VINYL FILMS MARKET BY TYPE

By type, the global self-adhesive vinyl films market includes key segments like

  • Translucent
  • Transparent 
  • Opaque

On the basis of type, the global self-adhesive vinyl films market divided into translucent, transparent, and opaque. The opaque segment dominated the self-adhesive vinyl film market over the foreseen period. These films are quick to attach, easy to remove, and inexpensive. They are primarily used to grab the attention of customers for discounts, clearance sales, and hours of operation. Transparent film that allows light to pass through while protecting the object behind it. It is mostly used on non-transparent surfaces like glass, acrylics, and metals where an adhesive layer needs to be added. Translucent vinyl films are used in various applications, such as signboards, windows, and packaging.

GLOBAL SELF-ADHESIVE VINYL FILMS MARKET BY APPLICATION

The global self-adhesive vinyl films market finds the major applications in 

  • Automotive
  • Industrial
  • Architectural 
  • Tape & labels
  • Others

On the basis of applications, the global self-adhesive vinyl films market finds the major applications in automotive, industrial, architectural, tape & labels, and others. The automotive segment is expected to be the fastest growing segment over the forecast period. These films are resistant to debris, have a high hitting ability, are anti-stoning, and offer paint and coatings protection, as well as high flexibility, excellent anti-scratch ability, and anti-scratch. These are the factors that increases the demand for self-adhesive vinyl films in the automotive industry. Architectural Vinyl Film is a pressure-sensitive, self-adhesive vinyl backing that emulates natural materials like wood, stone, stainless steel, and textiles. It is also referred to as interior vinyl wrap, architectural vinyl wrap, or interior film.

GLOBAL SELF-ADHESIVE VINYL FILMS MARKET BY COUNTRY

The global self-adhesive vinyl films market is studied for the following countries

  • North America
  • Asia Pacific
  • Europe
  • RoW

Geographically, the self-adhesive vinyl films market is studied in the North America, Asia Pacific, Europe, and Rest of the World. The market in the Asia-Pacific region holds a significant share. This is due to the substantial demand for self-adhesive vinyl films in the region's emerging economies and the presence of a large number of manufacturers. Due to the rising popularity of graphic printing and cover signage in various industries in developed nations, North America and Europe are anticipated to witness significant market growth over the forecast period. Self-adhesive vinyl is a thin flexible material that is commonly used to make colourful and eye-catching signs and graphics. Growing demand for fleet graphics and rising developments in the packaging, transportation, and electrical industries are boosting the self-adhesive vinyl film market over the forecast period. 

COVID-19 IMPACT ANALYSIS ON GLOBAL SELF-ADHESIVE VINYL FILMS MARKET

The COVID-19 pandemic has disturbed all the supply chains in almost every market. Many economies suffered as a result of the COVID-19 pandemic. Furthermore, various companies have experienced delays in product deliveries and a slump in future sales of their products. Due to the lockdown, the trade of raw materials and self-adhesive vinyl films across the world was severely affected due to quarantine measures, influencing the market. However, the growth has been high since the market opened after COVID-19, and it is expected that there will be considerable growth in the sector owing to increasing demand for self-adhesive films in the automotive industry. This factor is further expected to drive the overall growth of the market. In addition, manufacturers and solution providers are making various strategic decisions to bounce back post-COVID-19. Players are conducting several research and development activities to launch new products on the market. 

COMPETITIVE LANDSCAPE ANALYSIS

The competitive landscape analysis of self-adhesive vinyl films market is primarily focused on expanding the global growth of self-adhesive vinyl films industry with new product innovation, business expansion, increasing presence of range of manufacturer operating in self-adhesive vinyl films sector has led the growing demand for the market.  Besides, the market offers range of products in different application to fulfil the required demand of consumer which is further contributing healthy growth in the market.  

The key players studied in market are 

  • 3M (United States) 
  • Haining Comax New Material Co., Ltd. (China) 
  • Lintec (Japan)
  • Hexis Graphics (France)
  • Arlon Graphics (United States) 
  • Metamark (United Kingdom)
  • FDC Graphics (United States) 
  • KPMF (United Kingdom)
  • The Vinyl Wrap Co (Australia) 
  • Henkel KG and Co, KGaA (Germany)
  • Drytec (United States)
  • Avery Dennison Corporation (United States)
  • FLEXcon Company Inc (United States)
  • Orafol Europe GmBH (Germany)
  • Kitchen Wraps (United Kingdom)
  • Lomond (United Kingdom)


RECENT DEVELOPMENT: 

January 2023: FLEXcon Company, Inc., launched the next generation of FLEXcon PRISMcal self-adhesive, holographic, metallized vinyl films for interior ad-specialty applications such as novelty stickers and decals, general-purpose signage, and P-O-P displays. It features a smooth surface for optimum ink laydown with a variety of print technologies, including UV, solvent screen, and UV inkjet.

GLOBAL SELF-ADHESIVE VINYL FILMS MARKET SUMMARY

By type, the global self-adhesive vinyl films market divided into translucent, transparent, and opaque. The opaque segment dominated the self-adhesive vinyl film market over the foreseen period. On the basis of applications, the global self-adhesive vinyl films market finds the major applications in automotive, industrial, architectural, tape & labels, and others. The automotive segment is expected to be the fastest growing segment over the forecast period. The global self-adhesive vinyl films market is studied for region: The North America, Asia Pacific, Europe, and the Rest of the World. Asia Pacific is projected to lead the market during the forecast period. 

SCOPE OF THE REPORT:

Market Sizing for Year:
2019-2029
Base Year:
2022
Forecast Period:
2023-2029
Value:
USD million
Market Segment studied:

Type

Application

Geography
Market Players and its Competitors:

3M (United States)

Haining Comax New Material Co., Ltd. (China)

Lintec (Japan)

Hexis Graphics (France)

Arlon Graphics (United States)

Metamark (United Kingdom)

FDC Graphics (United States)

KPMF (United Kingdom)

The Vinyl Wrap Co (Australia)

Henkel KG and Co, KGaA (Germany)

Drytec (United States)

Avery Dennison Corporation (United States)

FLEXcon Company Inc (United States)

Orafol Europe GmBH (Germany)

Kitchen Wraps (United Kingdom)

Lomond (United Kingdom)

FREQUENTLY ASKED QUESTIONS

What are the drivers for global self-adhesive vinyl films market?

The key driving factors of the market are increasing demand from the automotive industry as well as growing demand from the advertising and promotion industry.

Which region is gaining majority of market share during the forecast period (2023-2029)?

Asia Pacific is expected to gain major market share during the forecast period (2023-2029).