Global Graphic Film Market Analysis & Trends - Industry Forecast to 2030
Graphic Film: Market Size
From $40.14 billion in 2024, the global Graphic Film market is projected to reach $68.07 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 9.2% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include growing e-commerce industry, continuous improvement in digital printing techniques, and increasing demand for wrap advertisement.
Global Graphic Film Market: Market Dynamics
The key drivers of the graphic film market are development of the infrastructure and rapidly increasing urbanization. The growing advancement in the film industry, expansion of novel manufacturing techniques, and inflation in purchasing ability have added fuel to the growth of this market. The increasing use of graphic film for making promotional and advertising banners and vehicle wraps in the automotive and advertising industries is another factor expected to drive the growth of the graphic film market over the forecast period.
On the other hand, the fluctuation in the prices of raw material is likely to obstruct the profit boundaries. In addition, rising demand for bio-based plastics will further boost for the Graphic Film market.
Impact of COVID-19 on Graphic Film
The graphic film market has even been negatively impacted by the COVID-19 impact. The demand for decorative products such as vinyl stickers, vinyl wrap, and graphics lettering have been drastically reduced in the market as many users have lost their jobs because of the COVID-19 pandemic. All this has led to a decrease in demand for the graphic films in the market.
By Film Type
Opaque Films Segment Dominate the Market in 2024
The opaque films segment made huge revenue in 2024 and growing its prominence during the forecast period. Opaque films have excellent hiding power and outdoor resilience, making them suitable for interior or exterior signs, fleet graphics including surfaces with corrugations and rivets. This factor is fueling the market growth.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia Pacific region is likely to have a huge demand in the forecast period owing to the rise in population, rapid urbanization, and increase in disposable income capability. The growth of the regional market can also be attributed to high technological development, high disposable income, and good construction & automotive industrial scenarios.
List of the Key Players Profiled in the Market Include: • 3M Company
• Constantia Flexibles Group GmbH
• Amcor
• Ultraflex Systems, Inc.
• Spandex AG
• E. I. du Pont de Nemours and Company
• Schweitzer-Mauduit International, Inc
• Avery Dennison
• ACCO Brands
• Taghleef Industries
• Dunmore Corporation
• Hexis S.A.
• Cosmo Films
• Ritrama S.p.A.
• Kay Premium Marking Films Ltd
List of the Regions/Countries Profiled in the Market Include: North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others