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.
Embossed films are those films that are given a final or professional look after several mechanical processes based on the requirement of these films in various industries. These films are produced on most advanced production line with state of art technology. Embossed films have low surface gloss, deeply embossed pattern, high tensile strength, mainly 100% recyclable, tailor made, and in many of the cases these films are used as separation films usually on sticky substrates, thus these are easy to remove and in widely used depending upon the industry requirement.
Wider application of Embossed film in food & Beverages, automobile, personal care, home care etc. along with this, increased production capabilities in premium quality embossed films are the major factors that are driving the embossed film market. Also, recently supply chain in this segment has been diversified which is resulting in generating revenues for the manufacturers.
COVID-19 has impacted almost every market, it has been observed that during this pandemic situation market for non-essential products have been declined but healthcare, food & beverage industry has witnessed growth like never before, as a result use of embossed film has also been increased for producing packaging material used in these industries. However, the use of embossed film has been decreased in construction industry during the pandemic due to downfall in this market.
The global embossed film market is studied for various segments such as material type, end use industry, thickness and geography.
Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride and others which include Nylon and Polystyrene are the materials included in the study. Polyethylene is expected to grow at a faster rate during forecast period and expected to hold larger share of the market, reason behind growth of Polyethylene is its common use in producing carrier for prepregs and adhesive film, also Polyethylene films are widely used in construction firm as vapour retarders, flooring and even also used in roofing.
The major end use industries of embossed films are food & beverages, automobile, personal care & hygiene, building & construction industry, and others. In automobile industry, the tires are produced using these films because of the characteristics of embossed films makes it favourable for tires, helps to retain rubber properties and protect from dust other foreign particles which increase longevity of tyres. Similarly, manufacturers of food and beverage products are investing more in innovative and look of products which created demand for food and beverage packaging. Besides, increased people willingness to pay more money to good product is also expected to boost the market for embossed films in food & beverage industry.
The market for embossed films has been divided upon thickness of the film which are below 50 microns, 51-200 microns and above 200 microns. The level of microns basically defines the depth of coating applied to embossed films in order to prevent films from various elements. And, these microns depend upon the nature of industry for example in automobile industry, 40–180-micron embossed film tires are produced while in packaging industry this vary from 18-200-micron.
Geographically, this market is studied in for the major countries of North America, Europe, Asia-Pacific and rest of the world. On a global level embossed film market is expected to witness significant growth after Covid-19 hit. Also, Asia-pacific region is likely to emerge as a global leader in this industry with growth in the agriculture, industrial package, healthcare, food & beverages and construction industry in major economical part of this region.
Some of the major players operating in this market operating in this market include RKW group, Uflex Ltd., Cosmo Films Ltd., Napco National Company, Ohishi SangyoCo. Ltd., Oelremans Plastics BV, Charter NEX Films Inc., FSPG Hi-tech Co. Ltd. Sigma Plastics Group, ISOPORT Verbundauteile GmbH, Wiman Corporation, Aintree Plastics Ltd., C.E. Shepherd Company, Skymark Packaging international Limited, Hi-tech packaging (India) Limited, Polyplex, Tee Group Films Inc., Sun Process Covering Inc.
The global embossed film market is studied for various segments such as material type, end use industry, thickness and geography. Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride and others which include Nylon and Polystyrene are the materials included in the study. The major end use industries of embossed films are food & beverages, automobile, personal care & hygiene, building & construction industry, and others. The market for embossed films has been divided upon thickness of the film which are below 50 microns, 51-200 microns and above 200 microns. Geographically, this market is studied for the major countries of North America, Europe, Asia-Pacific and Rest of the World.
Why to Buy This Report
