Global Digital Printing Films Market: Overview
The digital printing films are multipurpose printing medium that offers information or brand display and improved shelf appeal. The Popularity of digital printing films is increased in the packaging and non-packaging applications. The digital printing films are manufactured by the plastic material which having high barrier properties and resistant to water and punctures. The digital printing films are used to apply on banners, cartons, glass, wall, labels, cards and various other formats. The digital printing films are manufactured by considering the printing processes and need of high heat sensibility. The digital printing films are used in the various application in the packaging industry such as bags, pouches, sachets, and cartons. The automotive and architecture industry mostly prefers cast vinyl digital printing films due to its longtime durability and high barrier properties.
Global Digital Printing Films Market: Dynamics
The use of digital printing films by packaging industry is increased due to its high offerings such as securement to products and aesthetic look. The advertising industry increases the digital printing films acceptance due to its application in banners. The UV offset printing is trending in the industrial applications due to its impressive board lamination and decorative printing. Owing to these factors, the key manufacturers of digital printing films are engaging in the production of direct UV offset printable films. The advancement in the digital printing machines over the screen printing is helping to grow the demand of digital printing films market. In 2018, Kodak and Uteco Group introduced the new Sapphire EVO digital printing press and water based inks with a vision to escalating their label and flexible packaging opportunities. In 2017, Cosmo Films, a producer of specialty BOPP films, introduced BOPP based printable synthetic paper which is printable with all printing technologies such as UV offset, screen or letter, thermal transfer, and digital toner.
Global Digital Printing Films Market: Segmentation
Then global digital printing films market is segmented on the basis of thickness, material, films type, printing type, and end-user industry.
On the basis of thickness, the global digital printing films market is segmented into:
- Below five mils
- 5 – 10 mils
- 10 – 15 mils
- Above 15 mils
On the basis of material, the global digital printing films market is segmented into:
- Polyester
- PVC / Cast Vinyl PSA
- Polystyrene
- Polypropylene
- Polyethylene
- Polyamide
- Others
On the basis of films type, the global digital printing films market is segmented into:
- Clear
- Matte
- One-sided
- Two-sided
On the basis of printing type, the global digital printing films market is segmented into:
- Laser Printable films
- Inkjet printable films
- UV Inkjet
- Solvent & Eco-Solvent Inkjet
On the basis of end-user industry, the global digital printing films market is segmented into:
- Packaging
- Non-packaging
- Advertising
- Automotive
- Food & Beverages
- Publication
- Building & Construction
- Electronics & Electrical
- Others
Global Digital Printing Films Market: Geographical Outlook
According to the association for printing technologies, the global printing market was valued at US$ 389 Bn in 2017 and expected to grow at CAGR of 2.7% during 2017-2020. Indian print packaging market is projected to grow at the highest CAGR of more than 8% among all countries. In 2018, Asia Pacific region is estimated as the largest print packaging market followed by North America and Western Europe, as analyzed by association for printing technologies. Asia-Pacific is the major regional market for print packaging, accounting for over 42% of market value in this study, and will be the second fastest-growing region, expanding 6.7% in 2016-20. The printing market growth is expected to help to grow the demand for digital printing films.
Global Digital Printing Films Market: Key Players
Some of the key players operating in the global digital printing films market are as follows:
- Tekra, A Division Of Eis, Inc.
- Cosmo Films U.S.
- Grafix Plastics
- Integrated Packaging Films Inc.
- Infiana USA, Inc
- Coveme Spa
- Emco Industrial Plastics, Inc.
- Peiyu Plastics Corporation
- Pvc Tech Corp.
- Orafol Europe Gmbh
- Klöckner Pentaplast
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
