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The Hot Stamping Foils Market size is forecast to increase by USD 177.96 million, at a CAGR of 3.01% between 2022 and 2027. The growth of the market depends on several factors, including the use of hot foil stamping to improve package aesthetics and attract customers, the growing demand for FMCG/CPG products in emerging countries, and the demand for anti-counterfeit packaging. With the assumption that solid surfaces offer optimal adhesion, manufacturers develop metallic hot stamping foils equipped with features like holograms and hologram foils.
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The market share growth by the metallic segment will be significant during the forecast period. In this segment, almost all manufacturers provide metallic. The demand for metallic is expected to grow significantly during the forecast period due to the growing demand for premium and high-end packaging from the luxury goods market. The rise in disposable income in developing countries allows people to spend more on luxury goods and branded items, which often come with metallic hot-stamped packages. These factors will increase the segment growth during the forecast period.
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The metallic segment was valued at USD 571.10 million in 2017 and continued to grow by 2021. Metallic foils are the most widely adopted, and they provide basic metallic shine, brightness, and gloss to the finished products. Metals are very versatile and can be used in a variety of surfaces or substrates, including paper, board, laminated surfaces, and varnish. These foils are mostly used in gold and silver colors, but a wide range of color prints are possible due to innovations in the hot stamping process. Some of the major applications of metallic include packaging, promotional materials, stationery, business cards, paperback/hardback book covers, annual reports, and labels. Such factors will increase segment growth during the forecast period.
The use of hot foil stamping to improve package aesthetics and attract customers is notably driving the market growth, although factors such as competition from alternative printing technologies may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
One of the key factors driving the market growth is the use of hot foil stamping to improve package aesthetics and attract customers. An important use of hot stamping foil is in consumer goods and product packaging, where it is used to enhance the visibility and aesthetic appeal of the product, thus helping attract and retain customer attention for longer. Techniques such as hot foil stamping, embossing, and various other printing effects are widely used in consumer-facing industries and products, such as food and beverages, cosmetics, and various other consumable and non-consumable products. Studies done by the Foil & Specialty Effects Association (FSEA) have conclusively shown that foil-stamped packaging improves product sales.
Therefore, hot stamping foil technology is used widely by marketing strategists and sales executives in consumer product organizations to increase product and brand recognition and sales. Apart from product packaging, hot foil stamping is also used in a variety of other applications, including greeting cards, books, covering papers, containers, and other products. This factor is one of the important drivers of the market globally.
Innovation in the hot stamping foil industry is the major trend influencing market growth. The hot stamping foil industry has in recent years witnessed an inflow of several innovations into the market. Many foil vendors and stamping machine manufacturers are investing in research and development operations to reduce costs and increase the efficiency and performance of the hot foil stamping process. Hot stamping foil manufacturers, such as K LASER Technology and CFC International, also invest a significant amount of their revenues in product R&D activities. For instance, K LASER Technology has planned to invest in developing projects such as UV equipment, the process for deep structure pattern production, seamless holographic origination, and hologram seamless electroforming equipment.
API has also introduced an enhanced metallic hot-stamping foil, the MV-Plus Series, which exhibits better brightness, heat resistance, and adhesion characteristics over a variety of substrates and can utilize a greater range of inks than alternative printing technologies. These technologies are expected to give vendors a better competitive edge over alternate printing technologies and drive market growth in the future.
Competition from alternative printing technologies is one of the key challenges hindering market growth. A few decades ago, hot stamping foil was the only option available to package designers and manufacturers for obtaining a metallic finish on product containers and packages. However, innovations in printing and packaging technologies have led to the development of several alternative techniques to achieve similar metallic effect finish and texture on packages, such as those provided by hot stamping foil. This factor is expected to pose a considerable challenge to the market during the forecast period.
Alternatives include cold stamped foils and laminates Cold foil stamping systems, for example, have a quick and short set-up time, do not require any tooling or dies, and are efficient in both short and long print runs. A distinct advantage of cold foil is that this technique does not require stamping tools; instead, it utilizes printing plates, which are cheaper compared to hot stamping dies and can also be produced within a short duration.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market analysis and report also include key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Market Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
apifoilmakers.com - The company offers metallic which are used for general graphic applications. Also, the company offers various foils such as metallic, code and date stamping foils, sheet-fed cold foils, and many others through its unified business segment.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Europe is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional market trends and analysis and drivers that shape the market during the forecast period. The market in Europe, especially in Eastern European countries, is expected to witness substantial growth due to the growing trend of out-of-home dining, including deliveries and takeaways. The changing food preferences of consumers, rise in disposable income, and growing demand for luxury dining are factors contributing to the growth of the market. Key countries where the demand for out-of-home dining is growing include Poland, Romania, and Bulgaria. In Western Europe, the growth in consumption of premium beverages, demand for value-added luxury items, and demand for smart packaging are expected to be key growth factors for the market.
The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
The Market is shaped by a comprehensive array of industry-validated market data, incorporating historical insights and meticulously derived projections. The methodology employed ensures accuracy in assessing market segments and determining the global market size and sales revenue. Key disrupters in the market include variations such as metallic products pigmented foil, and hologram foil applied to diverse surfaces, including plastic, light paper, carton board, laminated board, and corrugated boards. The process involves pressure, typically facilitated by a hot foil stamp printing machine and metal printing dye, crucial in producing items like currency notes and enhancing security in financial transactions.
In addition, holographic elements, including high-security foil patches, play a pivotal role in fortifying the authenticity of items such as credit cards, debit cards, and various government documents. Beyond security, hot stamping foils find application in confectioneries, automotive parts, textiles, and merchandised items, contributing to branding, identification, and authentication. With a significant impact on the packaging industry, these products are instrumental in enhancing the appeal and security of packaging solutions, ranging from corrugated packaging and folding cartons to flexible packaging.
Hot Stamping Foils Market Market Scope |
|
Report Coverage |
Details |
Page number |
163 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.01% |
Market growth 2023-2027 |
USD 177.96 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
1.84 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 33% |
Key countries |
US, China, Japan, Germany, and UK |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
API FOILMAKERS LTD., Crown Roll Leaf Inc., Foil Stamp Solutions, FOLICO LTD., Henan Foils, ITW Specialty Films, K LASER TECHNOLOGY (HK) Co. Ltd., Katani Co. Ltd., Kolon Industries Inc., LEONHARD KURZ Stiftung and Co. KG, MURATA KIMPAKU Co. Ltd., NAKAJIMA METAL LEAF, POWDER Co. Ltd., Nova Polymers Inc., Oike Kogyo Co. Ltd., Peyer Graphic AG, Point Scandinavia AB, Rasik Products Pvt. Ltd., Spartanics, UNIVACCO Technology Inc., and Washin Chemical Industry Co. Ltd. |
Market dynamics |
Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our market research report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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