Steve Katz02.12.21
Amid the COVID-19 crisis, the global market for hot stamping foils estimated at $6.8 billion in the year 2020, is projected to reach a revised size of $7.8 billion by 2027, growing at a CAGR of 2.2% over the analysis period 2020-2027, according to a new report from Research and Markets.
Metallic Foils, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach $2.8 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pigment Foils segment is readjusted to a revised 1.6% CAGR for the next 7-year period.
Hologram Foils Segment to Record 2.6% CAGR
In the global Hologram Foils segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment, the report says. These regional markets accounting for a combined market size of $1.3 billion in the year 2020 will reach a projected size of $1.5 billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach $1.1 billion by the year 2027, while Latin America will expand at a 3.4% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report.
The 302-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
For more info, click here.
Metallic Foils, one of the segments analyzed in the report, is projected to record a 2.2% CAGR and reach $2.8 billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pigment Foils segment is readjusted to a revised 1.6% CAGR for the next 7-year period.
Hologram Foils Segment to Record 2.6% CAGR
In the global Hologram Foils segment, USA, Canada, Japan, China and Europe will drive the 2.2% CAGR estimated for this segment, the report says. These regional markets accounting for a combined market size of $1.3 billion in the year 2020 will reach a projected size of $1.5 billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach $1.1 billion by the year 2027, while Latin America will expand at a 3.4% CAGR through the analysis period. We bring years of research experience to this 9th edition of our report.
The 302-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
For more info, click here.
