The global surface printed film market is on a trajectory of significant growth, with projections indicating a valuation surpassing US$ 566.6 million by 2034, propelled by key drivers such as the surge in online shopping, advancements in printing technology, and increasing consumer preference for eco-friendly packaging solutions.
In 2024, the market is expected to be valued at US$ 354.5 million, showcasing steady expansion over the forecast period with a growth rate of 4.80%.
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The Advent of Sustainable and Intelligent Packaging Solutions Skyrocketing the Demand for Surface printed Film
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end-use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Surface printed Film market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Surface printed Film Market Takeaways and Projections
- The U.S. is expected to lead the North America Surface printed Film market, projecting the fastest growth in the region between 2017 and 2027
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2027.
Report Benefits & Key Questions Answered
- Historical Market Analysis: The detailed survey by FMI, examines key factors in the Surface printed Film market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Surface printed Film market for the forecast period 2017-2027.
- Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Surface printed Film for the assessment period. As per the study, the demand for Surface printed Film will grow at a robust CAGR between 2017 and 2027.
- Market Trend Analysis: The latest study by FMI on the Surface printed Film market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Surface printed Film market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
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Market Segmentation:
Based on the type of material type,
- Plastic
- HDPE
- LDPE
- PVC
- Metallized
Based on the type of application,
- Fruits and Vegetables
- Ready-to-eat food
- Meat and fish
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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