Global Hot foil printing Machine Market: Introduction
Hot foil stamping is the method of using pressure and heat to apply holograms to materials such as carton board, light papers, corrugated board, laminated board, plastics. It also used for the stamping of metallic or pigmented foil on the solid surfaces. The machine which is used in this type of printing is known as hot foil printing machine. The machine consists of the printing die in the form of letters, which are hot stamped on to the solid surface. The hot foil printing machine market is anticipated to register significant growth rate over the forecast period. This process is used on a wide range of products to create anti-counterfeiting measures and decorative finishes. It has various applications in packaging industries such as luxury goods packaging, food, and tobacco, as well as labels for products such as wine and beer. Hot foil packaging is also used on bank notes and commercial printing applications. It is anticipated that demand for hot foil printing machine is expected to be high during the forecast period.
Global Hot foil printing Machine Market: Dynamics
The hot foil printing machine market penetrates various industries, it is used for anti-counterfeiting majors in packaging industry. It is used for packing of food products, and pharmaceuticals, among others. Hence, the hot foil printing machine market growth is proportional to packaging industry, such as food & beverages, confectionary and pharmaceutical and healthcare. The hot foil printing machine is not just used in packaging industry, but it also finds application in currency printing which is one of the premier tasks of every nation, it is expected to drive the global hot foil printing machine market growth. Hot foil printing machine is used for commercial printing applications which might boost the global hot foil printing machine market. These machines can be modified as per the requirement of customers, and ongoing R&D efforts are expected to boost growth of the global hot foil printing machine market, as well as enable technology integration. However, the availability of cold foil printing machine in the market and its growing popularity might hamper the overall growth of hot foil printing machine market. Cost is a major concern regarding use of hot foil printing machine, and leads to increased preference for cold foil printing machine in the market. The cost of cold foil printing machine is almost half of that of the hot foil printing machine, which hinders the global hot foil printing machine market growth.
Global Hot foil printing Machine Market: Segmentation
The global hot foil printing machine market is segmented on the basis of machine types, operational method and applications, and region.
On the basis of machine types, the global hot foil printing machine market has been segmented into:
- Vertical Hot Foil Printing Machines
- Roll-on Presses
- Cylinder Presses
On the basis of operation, the hot foil printing machine market has been segmented into:
On the basis of applications, the global hot foil printing machine market has been segmented into:
- Label Printing
- Currency Notes
On the basis of end use industry, the global hot foil printing machine market is segmented into:
- Food & Beverage Industry
- Personal Care & Cosmetics Industry
- Pharmaceuticals Industry
Global Hot foil printing Machine Market: Regional Outlook
Based on regions, the global hot foil printing machine market is segmented into seven regions namely:
- North America
- Western Europe
- Asia-pacific except Japan
- Eastern Europe
- Latin America
- Middle-east and Africa
The North America and Western Europe market for hot foil printing machine is expected to witness moderate growth, over the forecast period. APEJ is expected to drive the overall hot foil printing machine market growth due to increased printing applications in the food & beverages, and pharmaceuticals industry, coupled with shifting preference of consumers toward personal care products. The Latin America and Middle East Africa are expected to witness steady growth over the forecast period.
Global Hot foil printing Machine Market: Key Players
Some of the major players identified in the global hot foil printing machines market include, BOBST, Shanghai Yawa Printing Machinery, PDS International Limited, Zhejiang Guangya Machinery, and Leonhard Kurz Stiftung & Co, among others.
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
- 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.