Decorative Films Foils Market is expected to witness significant growth and crea

Posted by Pradnya on July 31st, 2019

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. Decorative films and foils are used for substrates such as wood and glass, apart from others; however, they also find applications for other substrates such as wood. Using adhesive systems, decorative foils are bonded onto substrate materials, mostly wooden in nature. Decorative films are available with a variety of opacity, color, transparency, patterns and textures. The global market for decorative films and foils is expected to witness significant growth and create an absolute $ opportunity worth US$ 10.1 Billion during the forecast period.

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Based on material type, the decorative films and foils can be classified into polyvinyl chloride, polyester, polypropylene, and vinyl. Polyvinyl chloride accounts for majority of the market share in the decorative films and foils market. The decorative films and foils market is expected to dominated by the polyvinyl chloride decorative films and foils segment, in terms of global market share, and is projected to account for around a 43% share of the total absolute $ opportunity in the decorative films and foils market during the forecast period.

Decorative films and foils find applications in furniture, doors & windows, flooring, and automotive interior & exterior. The furniture segment is expected to lead the global decorative films and foils market and create an absolute dollar opportunity worth US$ 4.3 Billion during the forecast period.

Based on end use, the decorative films and foils market has been categorized into residential, commercial, and institutional sectors. Commercial end users consist of corporate offices, hotels and restaurants, shopping & retail and the automotive sector, among others. The commercial segment is expected to account for more than a 56% share of the total absolute $ opportunity created in the decorative films and foils market over the forecast period.

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Pradnya
Joined: February 3rd, 2017
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