Window Film Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Window Film Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global window film market size reached US$ 10.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 14.8 Billion by 2027, exhibiting a growth rate (CAGR) of 5.73% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Window film refers to a sheet of solid polyester laminate used to enhance the overall aesthetic of a building. It is made using protective release liners, scratch-resistant coatings, and adhesives with ultra-violet (UV) inhibitors, which are further coated, laminated, metalized, sputtered and colored. It can be tinted with metals, dyes, and pigments to reduce the visible light transmitted through the glass and block heat from the sun. Nowadays, different types of window films are available, depending on the application and requirements of individuals. For instance, films manufactured using clear and multiple layers of polyethylene terephthalate (PET) offer protection from shattering glass.

Window Film Market Trends:
The benefits of window films, including saving money on high energy costs, reducing heat build-up, cutting excessive glare, eliminating premature fading of interior furnishings, increasing safety and security, and adding privacy, represents one of the primary factors contributing to market growth. Besides this, the rising trend of modern and contemporary homes is also fueling the market growth. Window films are utilized in office buildings wherein certain areas are prone to intense glaring from the sun, which makes it uncomfortable to work. As they assist in climate and energy control and reduced heating, ventilation, and air conditioning (HVAC) equipment wear and maintenance, window films are increasingly being used to improve the building score of commercial structures. Apart from this, as window film installation is easy and inexpensive, it is gaining traction in retail spaces, restaurants, museums, schools and daycare centers, and health care facilities around the world. The leading players are also offering high-tech products with vacuum metallization and nano-particle pigmentation, which is anticipated to expand their applications in the automotive industry.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global window film market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product and application.

Breakup by Product:

Sun Control
Decorative
Security and Safety
Privacy
Others

Breakup by Application:

Automotive
Residential
Commercial
Marine
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, American Standard Window Films, Armolan, Avery Dennison Corporation, Eastman Chemical Company, Johnson Window Films Inc., LINTEC Corporation, Nexfil Co. Ltd., Saint-Gobain Performance Plastics Corporation (Compagnie de Saint-Gobain S.A.) and Toray Plastics (America) Inc. (Toray Industries Inc.).

Key Questions Answered in This Report:

How has the global window film market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global window film market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global window film market and who are the key players?
What is the degree of competition in the industry?