Hot stamping Foils Market is a lithography printing method that uses stamping dies or heated image molds to transfer pre-dried inks or metal foils onto a surface. Hot stamping foils have three layers including a release layer, an adherence base, and a color layer, which can be metallic or pigment or of any other types. These foils are widely used in packaging and printing industry and are decorative with features like fading, heat distortions and resistance to abrasions.
Market Dynamic - Hot Stamping Foils Market
The global hot stamping foils market has been seeing ample growth from the past few years. The primary factors such as increased research & development activities by multinational players in developing innovative technologies and UV process, growth in the currency printing, and rising significance of hot stamping foils in applications such as on automotive components, cell phones, TVs, books, packaging, textiles, wine bottles, bank cards, furniture, and bottle labels are accredited to the growth of the market. However, high cost associated with the hot stamping process is major restraining factor that could hamper the growth of the market.
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Hot Stamping Foils Market Segmental Overview
The study analyses global hot stamping foils market based on type, labels and packaging, carrier film, end-user industry and geography.
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Hot Stamping Foils Market by Type
Hot stamping foils market by type is segmented into hologram foils, metallic foils, pigment foils, and specialty foils. Metallic foils segment is expected to account for the largest market share of the type segment during the forecast period. An increasing use of metallic foils to add value and create interest to graphic arts products, paper and plastic packaging, and promotional materials is major factor that attributed to the growth of the segment. However, hologram foils is projected to be the rapidly growing segment during the projection period. Rising significance of hologram foils in applications such as packaging designs, promotional materials, advertising layouts and greeting cards is expanding the market growth.
Hot Stamping Foils Market by Labels and Packaging
By labels and packaging, corrugated packaging segment is leading the market and is likely to be the rapidly increasing segment of the hot stamping foils market during the estimated timeframe. In addition, flexible packaging segments are anticipated to grow at a considerable growth rate from 2021 to 2027.
Hot Stamping Foils Market by Carrier Film
By carrier film, the market is segmented into cellulose acetate, paper, pet, polyester, polypropylene and polythene. Hot stamping foils with these carrier films are widely being used owing to the recyclable nature of these films. The cellulose acetate carrier films are commonly used in hot stamping of clothing labels and textiles. However, the majority of hot stamping foils employ carrier film, PET film as the carrier or base owing to its several benefits, which is further likely to expand growth of the market.
Hot Stamping Foils Market by End-User Industry
The market finds application in end use industries such as automobile, cigarettes & beverages, consumer electronics, cosmetics, currency printing, pharmaceuticals, publication & commercial and textile & apparels. Cigarettes & beverages segment is expected to witness rapid growth during the forecast period. A growing use of hot stamping foils in a wide range of cigarettes & beverages products such as tobacco, wine, beer, and spirits to create decorative finishes and anti-counterfeiting measures is propelling the segment growth.
Hot Stamping Foils Market Key Players
The major key players of market includes API, Crown Roll Leaf, Foilco, Henan Foils, ITW Foils, K Laser, Katani, KOLON Corporation, LEONHARD KURZ Stiftung & Co. KG (KURZ), Nakai Industrial, NAKAJIMA METAL LEAF, POWDER Co., Ltd, Oike, UNIVACCO Foils Corporation, Washin Chemical Industry and Wenzhou Chenhui Packing Materials Co., Ltd among other
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