Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Hot stamping is a lithography printing method that uses stamping dies or heated image molds to transfer pre-dried inks or metal foils onto a surface. Hot stamping foils have three layers including a release layer, an adherence base, and a color layer, which can be metallic or pigment or of any other types. These foils are widely used in packaging and printing industry and are decorative with features like fading, heat distortions and resistance to abrasions.
The global hot stamping foils market has been seeing ample growth from the past few years. The primary factors such as increased research & development activities by multinational players in developing innovative technologies and UV process, growth in the currency printing, and rising significance of hot stamping foils in applications such as on automotive components, cell phones, TVs, books, packaging, textiles, wine bottles, bank cards, furniture, and bottle labels are accredited to the growth of the market. However, high cost associated with the hot stamping process is major restraining factor that could hamper the growth of the market.
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the Hot Stamping Foils market. In addition, complete analysis of changes on Hot Stamping Foils market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market.
The study analyses global hot stamping foils market based on type, labels and packaging, carrier film, end-user industry and geography.
Hot stamping foils market by type is segmented into hologram foils, metallic foils, pigment foils, and specialty foils. Metallic foils segment is expected to account for the largest market share of the type segment during the forecast period. An increasing use of metallic foils to add value and create interest to graphic arts products, paper and plastic packaging, and promotional materials is major factor that attributed to the growth of the segment. However, hologram foils is projected to be the rapidly growing segment during the projection period. Rising significance of hologram foils in applications such as packaging designs, promotional materials, advertising layouts and greeting cards is expanding the market growth.
By labels and packaging, corrugated packaging segment is leading the market and is likely to be the rapidly increasing segment of the hot stamping foils market during the estimated timeframe. In addition, flexible packaging segments are anticipated to grow at a considerable growth rate from 2021 to 2027.
By carrier film, the market is segmented into cellulose acetate, paper, pet, polyester, polypropylene and polythene. Hot stamping foils with these carrier films are widely being used owing to the recyclable nature of these films. The cellulose acetate carrier films are commonly used in hot stamping of clothing labels and textiles. However, the majority of hot stamping foils employ carrier film, PET film as the carrier or base owing to its several benefits, which is further likely to expand growth of the market.
The market finds application in end use industries such as automobile, cigarettes & beverages, consumer electronics, cosmetics, currency printing, pharmaceuticals, publication & commercial and textile & apparels. Cigarettes & beverages segment is expected to witness rapid growth during the forecast period. A growing use of hot stamping foils in a wide range of cigarettes & beverages products such as tobacco, wine, beer, and spirits to create decorative finishes and anti-counterfeiting measures is propelling the segment growth.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Asia Pacific is likely to be the fastest growing hot stamping foil market over the estimated time frame. Improving business and economic conditions, the presence of various hot stamping foils product manufacturers, increase in the consumption of medicines and food & beverages coupled with rising population and growing adoption of home appliances and cosmetics products in the region are some of the major factors that attributed to the growth of the market in APAC region.
The major key players of market includes API, Crown Roll Leaf, Foilco, Henan Foils, ITW Foils, K Laser, Katani, KOLON Corporation, LEONHARD KURZ Stiftung & Co. KG (KURZ), Nakai Industrial, NAKAJIMA METAL LEAF, POWDER Co., Ltd, Oike, UNIVACCO Foils Corporation, Washin Chemical Industry and Wenzhou Chenhui Packing Materials Co., Ltd among others.
The study analyses global Hot Stamping Foils market based on type, labels and packaging, carrier film, end-user industry and geography. Hot Stamping Foils market by type is segmented into hologram foils, metallic foils, pigment foils, and specialty foils. The metallic foils segment is likely to dominate the market over the forecast period. Increased adoption of metallic foils in various packaging industries is attributed to the market growth. By labels and packaging, the market is segmented into corrugated packaging, flexible packaging, folding cartons, narrow web labels, and wet glue labels. By carrier film, the market is segmented into cellulose acetate, paper, pet, polyester, polypropylene and polythene. The market finds application in end use industries such as automobile, cigarettes & beverages, consumer electronics, cosmetics, currency printing, pharmaceuticals, publication & commercial and textile & apparels. The cigarettes & beverages segment is likely to register fastest growth in years to come owing to the growing use of hot stamping process in this industry across the globe. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World.
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