Graphic films are being increasingly used in manufacturing promotional banners and vehicle wraps. In addition, the new versions of graphic films are more cost-effective than the traditional variants.
Albany, NY -- (SBWIRE) -- 12/07/2017 -- Market Research Report Search Engine (MRRSE) has announced the addition of a new report titled "Graphic Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022" to its online database. The growth of the market is expected to be supported by the product's increasing application of graphic films in the automotive and advertising industries.
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Graphic films are being increasingly used in manufacturing promotional banners and vehicle wraps. In addition, the new versions of graphic films are more cost-effective than the traditional variants. Factors such as changing lifestyle, increasing disposable income and advances in technology are also anticipated to reflect favorably on the market. The report on global graphic films market has been compiled after a thorough analysis of the market in key regions. In this report, the reader will gain information regarding the major forces influencing the growth of the market. The report also present an in-depth segmental analysis of the global market for graphic films. Each segment has been studied comprehensively with special emphasis on their future prospects.
The global market for graphic films is projected to witness a healthy growth over the forecast period. The advertisement sector is expected to be the largest end –user of the graphic films. Meanwhile, consumption is expected to grow in the automotive sector in the forthcoming years. Asia Pacific is expected to emerge as bright spot in the market owing to bolstering economic growth. The International Monetary Fund (IME) had revealed that the region's economy grew by more than 5% in 2016 and trend is expected to continue in 2017 and beyond.
In the report, the global market for graphic films has been segmented into type of film, end use and type of material. On the basis of film type, the market is further segmented into opaque, translucent, transparent, reflective and other films. The transparent films segment is likely to account for a relatively large share of the market during the assessment period. The segmented is projected to command for more than 32% market share by 2017-end. On the basis of material type, the market has been segmented into polyethylene (PE), PVC, polypropylene (PP), and other materials. By end use, the market is segment into promotion, automotive, branding, industrial, advertisement and others.
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Region wise the global market for graphic films has been segmented into Asia Pacific Excluding Japan (APEJ), North America, Europe, Latin America, Japan and the Middle East & Africa. Among these, the market in Asia Pacific Excluding Japan (APEJ) is expected to be hold its dominant position throughout the projected period. The region's market is expected to witness a CAGR of 7%. Meanwhile, Europe and North America are anticipated to remain the other two major markets for graphic films.
Leading players operating in the global market for graphic films include 3M Company, Constantia Flexibles Group GmbH, Amcor Limited, Achilles Corporation, Arlon Graphics, LLC, E. I. du Pont de Nemours and Company, Avery Dennison Corporation, DUNMORE Corporation, Hexis S.A., and Dunmore Corporation.
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