Printable Self-adhesive Vinyl Films Market Witness Excellent Revenue Growth During 2021-2028: Grand View Research Inc

 Printable Self-adhesive Vinyl Films Market Growth & Trends

The global printable self-adhesive vinyl films market size is expected to reach USD 4.42 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.6% from 2021 to 2028. Rising demand for fleet graphics and growing application scope in the sign & graphics industry are also anticipated to fuel the market growth. The frequent appearance of the promotion or the brand name in the market related to the company achieves an effective frequency of messages that is required to be delivered to the targeted audience. Rising demand for fleet graphics across the advertising industry for increasing the reach for prominent customers is anticipated to boost the product demand.

The availability of printable self-adhesive vinyl films in two different forms, such as cast and calendered, provides an additional opportunity to the market owing to the benefits offered by these distinct films. For instance, cast vinyl films do not shrink with age, have extended life & durability, and are cost-effective & available in thinner gauges. Calendered vinyl films are economical and have higher abrasion resistance. Many companies offer product guarantees ranging from two to seven years. This is due to the product’s high resistance properties to water and UV, which can be enhanced with the application of nano-ceramic atop the film. The car wrapping application segment is expected to witness an increase in demand with the growing automotive industry, especially in Asia Pacific.

Printable Self-adhesive Vinyl Films Market Report Scope

Report Attribute	Details
Market size value in 2021	USD 3.23 billion
Revenue forecast in 2028	USD 4.42 billion
Growth Rate	CAGR of 4.6% from 2021 to 2028
Base year for estimation	2020
Historical data	2017 - 2019
Forecast period	2021 - 2028

The technical complexities are expected to limit the growth during the forecast period. Most of the complexities occur during the processing of heavy-duty vehicles, due to their big size and heavy bases. These factors have resulted in their low growth penetration. However, the trend of advertising and branding is anticipated to benefit these vehicles due to their large space availability. These customization trends are largely adopted by individual customers on their personal light-duty vehicles, resulting in its high growth penetration. Rising disposable income and rapid urbanization are some of the macroeconomic factors contributing to the high growth potential of the market.

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Printable Self-adhesive Vinyl Films Market Report Highlights

• In terms of revenue, the calendered films segment accounted for a prominent share in 2020 due to attributes including stiffer and thicker texture for easy handling, higher performance on flat, simple, and moderate curves, and higher resistance to abrasion
• The fleet graphics application segment dominated the market in 2020 owing to the increasing demand for effective advertising that makes a lasting impression on the customers
• Global advertising and marketing professionals have included printable self-adhesive vinyl films media in their branding strategies. Floor graphics are suitable for tradeshow booths, reception areas, corporate lobbies, conference rooms, and performing art centers & theatres
• Merger & acquisition strategies are being undertaken by major players. For instance, in September 2019, Orafol Europe GmbH acquired KMPF Vehicle Wrap. The acquisition enabled Orafol to expand its market presence in the U.K.
• Asia Pacific and Japan (APJ) was the largest regional market in 2020. Numerous companies including Avery Dennison, Hexis S.A., and 3M have been developing a variety of colors and prints to meet the rising product demand for car wrapping applications

Access Press Release@ https://www.grandviewresearch.com/press-release/global-printable-self-adhesive-vinyl-films-market

Printable Self-adhesive Vinyl Films Market Segmentation

Grand View Research has segmented the global printable self-adhesive vinyl films market based on manufacturing process, thickness, type, substrate, application, and region:

Printable SAV Films Manufacturing Process Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Calendered Films
  • Monomeric
  • Polymeric
• Cast Films

Printable SAV Films Thickness Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Thin (2-3 Mils)
• Thick (More than 3 Mils)

Printable SAV Films Product Type Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Transparent
• Translucent
• Opaque

Printable SAV Films Substrate Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Floor
• Plastics
• Glass
• Others

Printable SAV Films Application Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• Fleet Graphics
• Watercraft Graphics
• Car Wrapping
• Floor Graphics
• Labels & Stickers
• Window Graphics
• Exhibition Panels
• Outdoor Advertising
• Furniture Decoration
• Wallcovering
• Others

Printable SAV Films Regional Outlook (Volume, Million Square Meters; Revenue, USD Million, 2017 - 2028)

• North America
  • US.
  • Canada
  • Mexico
• Latin America (LATAM)
  • Brazil
  • Argentina
• Europe, Middle East & Africa (EMEA)
  • UK.
  • Germany
  • GCC Countries
  • South Africa
• Asia Pacific and Japan
  • China
  • Japan
  • India
  • Australia

List of Key Players of the Printable Self-adhesive Vinyl Films Market

• 3M
• Avery Dennison Corp.
• Mactac
• LG Hausys
• Lintec Corp.
• Hexis S.A.
• Arlon Graphics, LLC
• Metamark (U.K.) Ltd.
• Orafol Europe GmbH
• FLEXcon Company, Inc.
• Achilles Corp.

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.