- Increasing popularity of environment-friendly and recyclable stamping carrier films such as the one composed of cellulose acetate to attract demand
- Prospects of continued applications in several other industries to garner growth
ALBANY, N.Y., Nov. 23, 2021 /PRNewswire/ -- Transparency Market Research: The expanding applications of stamping foils across a number of end-use industries, including food & beverages, cosmetics, and textile and apparel for a decorative finish on the substrate primarily fuels the growth of the stamping foils market. Foil stamping is a printing technique wherein a metallic or pigmented foil is applied on a surface to create a decorative finish. The process involves use of metal dies combined with heat and pressure for the thin foil film to permanently bond with paper-based substrate. Labels for packaging, banknotes, and greeting cards are some examples where stamping foils are used.
Stamping foils are available in two types: hot stamping foils and cold stamping foils. Hot stamping foils find extensive applications finishing of packaged products such as food, medicine, and high-end luxury goods.
The stamping foils market is projected to expand at a CAGR of 3.3% during the forecast period (2021 – 2031).
Availability in Varied Finishes Attracts Demand from Several end-use Industries
The use of stamping foils in a multitude of end-use industries such as textile & apparel, food & beverages, pharmaceutical, personal care, and electronics boosts the stamping foils market. Stamping foils are available in a wide assortment of colors, finishes, and optical effects to impart varied effects. Stamping foil rolls are also available in solid colors in glossy and matte finishes for the desired effect to drive sales. This accounts for the food & beverages and cigarettes segments to account for a significant share of the stamping foils market.
Uptick in Demand from Packaging Sector Fosters Growth
The spurt in the demand for packaged goods during the COVID-19 pandemic created opportunities in the stamping foils market. The shutdown of physical stores to contain the spread of the virus led consumers to switch to online mode of shopping for all needs. Manufacturers in the stamping foils market leveraged the opportunity to add decorative finish using stamping foils to attract sales. This stimulated the stamping foils market.
The expanding practice of using the online channel for gifting for convenience and competitive pricing is stimulating the stamping foils market. Manufacturers of gift articles are increasingly incorporating attractive patterns on packaging of gift articles using stamping foils. The emergence of novel stamping carrier films such as cellulose acetate due to their environment-friendly and recyclable nature provides impetus to the growth of stamping foils market.
The demand for stamping foils, in particular hot stamping foils for the manufacture of holograms to improve the visual appeal of packaged goods, is fueling the stamping foils market. Product manufacturers use holograms for branding and for brand security, as holograms prevent counterfeit items from being sold under the label of original brands. This is favorable for the growth of the stamping foils market.
The increasing need for security of currency, debit cards, and credit cards is leading to the rising use of holograms. This, in turn, is resulting in an uptick in the demand for hot stamping holographic films.
Stamping Foils Market – Growth Drivers
Extensive demand for stamping foils in applications such as holograms or metallic foil from the packaging sector for light papers, laminated boards, carton boards, plastics, and corrugated boards fuels the stamping foils market
Demand from the food & beverages sector for visual appeal and brand recognition stimulates growth in the stamping foils market
Some of the key players operating in the stamping foils market are ITW Foils, UNIVACCO Foils Corporation, Pura Group, Henan Foils, Arnav Resources Inc., LEONHARD KURZ Stiftung & Co. Nakai Industrial Co. Ltd., Crown Roll Leaf Inc., and Foilco Limited.
The stamping foils market is segmented as follows;
Stamping Foils Market, by Type
Hot Stamping Foils
Cold Stamping Foils
Stamping Foils Market, by Layer
Stamping Foils Market, by Carrier Film
Polyethylene Terephthalate (PET)
Others (including PVC, BOPET, and BOPP)
Stamping Foils Market, by End-use
Cigarettes and Food & Beverages
Textile & Apparel
Publication & Commercial
Others (including Leather, Currency, and Personal Care)
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.