According to the new market research report “Holographic Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Holographic Foil market size is projected to reach USD 0.52 billion by 2030, at a CAGR of 3.5% during the forecast period.
- Global Holographic Foil MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Holographic Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Holographic Foil Top20Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Holographic Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Holographic Foil include K Laser Technology, Kurz, ITW ShineMark, Uflex Limited, Zhejiang Jinghua Laser Technology, Shenzhen Jinjia Group, Holostik, SVG Tech Group, Hazen Paper, Crown Roll Leaf, etc. In 2023, the global top 10 players had a share approximately 57.0% in terms of revenue.
- Holographic Foil,Global Market Size, Split by Product Segment
Source: QYResearch, "Holographic Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Holographic Foil,Global Market Size, Split by ApplicationSegment
Source: QYResearch, "Holographic Foil - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
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Market Drivers:
Since the early 1950s, the flexible packaging industry has been at the forefront of packaging innovation and is at the forefront of important packaging trends in product protection, packaging design and performance, consumer convenience, and sustainability. The properties of flexible packaging have a positive impact on the environment, consumers, and businesses. In addition, compared to hard packaging, it has many advantages. It helps to extend the shelf life of various products, especially food, and has positive sustainability.
The increasing popularity of high-quality products and the sustained growth in per capita expenditure of end-users in sectors such as food, retail, consumer goods, and pharmaceuticals are driving the growth of the holographic foil market. Driven by the continuous improvement of urbanization level, changing dietary habits, a large number of foreign population, and the increasing penetration of organized retail formats such as large supermarkets and hypermarkets, the processed and packaged food market is currently showing strong growth. Driven by economic growth and increasing disposable income of residents, the retail and consumer goods markets are also growing strongly. In addition, the increasing prevalence of various chronic and acute diseases, coupled with the growing elderly population, has driven the demand for drugs.
Restraint:
Downstream demand is highly linked to economic development, and the performance of companies in the industry is influenced by global economic conditions. Slowing economic growth, unstable financial markets, inflation, government deficit reduction, fiscal deficit reduction, and other tightening measures that affect the markets served by the company may reduce demand for products and have adverse effects on the company's business, operating performance, or financial condition.
The diverse nature of downstream industries in the business poses political, economic, and social risks to companies within the industry, which may have adverse effects on them. This includes natural disasters, public health crises (such as the COVID-19 pandemic), labor market challenges, tax changes, supply chain disruptions, and more.
Market Trend:
Holographic foil has a wide range of applications, including tobacco, cosmetics, food and beverage, packaging, electronics, communication, labeling, toys, home appliances, medical, safety, and transportation, among others, and the application of holographic films in these fields is increasing day by day. With the development of technology, the holographic foil industry has also ushered in new development opportunities, such as sustainable development, green environmental protection, and intelligence.
The market concentration of holographic foil industry is relatively low. Due to the limitations of production technology and techniques, there are currently a large number of enterprises in the market, and most of them are small in scale, which leads to a low market concentration in the industry.
In the sales field of pigment foil, similar to the production field, the market concentration is relatively low. Generally, major manufacturers have dedicated marketing departments that directly deal with distributors, agents, or downstream demand sides, and can handle domestic and export business.
In recent years, e-commerce sales channels have emerged and developed rapidly. Compared with traditional sales channels, e-commerce sales channels have lower profit margins, mainly due to factors such as online promotion, transparent competition, and lower pricing.
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