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Metallic Foils Segment Dominates Hot Stamping Foils Market Due to High Demand in Various Industries-By PMI

Hot Stamping Foils market-PMI

Hot Stamping Foils Market, By Type , By Application, and By Region – Market Trends, Analysis, and Forecast till 2032

COVINA, CALIFORNIA, UNITED STATES, May 8, 2023 /EINPresswire.com/ —

Hot stamping foils are used for decorative or functional purposes, to add metallic or non-metallic finishes to various substrates such as paper, plastic, and textiles. The hot stamping foils market is driven by the growing demand for premium packaging and labeling in various industries such as cosmetics, food and beverage, and automotive.

The market for hot stamping foils is segmented based on the type of foil, substrate, and application. Based on the type of foil, the market can be segmented into metallic foils, holographic foils, pigment foils, and special effect foils. The metallic foils segment dominates the market due to their high demand in various industries.

The hot stamping foils market can also be segmented based on the substrate, including paper and board, plastic, and textiles. The plastic segment dominates the market, driven by the growing demand for premium packaging in the cosmetics and food and beverage industries.

Geographically, the hot stamping foils market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific dominates the market due to the growing demand for premium packaging in various industries, especially in countries such as China and India. North America and Europe are also significant markets, driven by the high demand for luxury products and high-quality packaging.

The hot stamping foils market is expected to grow in the coming years due to the growing demand for premium packaging and labeling in various industries. The market is also expected to be driven by the increasing adoption of hot stamping foils in the automotive industry for decorative and functional purposes.

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Key players:

• API Group Inc.

• CFC International Corporation

• Crown Roll Leaf Inc.

• LEONHARD KURZ Stiftung & Co. KG

• UNIVACCO Technology Inc.

Segmentation:-

By Type of Foil: Metallic Foils, Holographic Foils, Pigment Foils, Special Effect Foils

By Substrate: Paper and Board, Plastic, Textiles

By Application: Packaging and Labels, Cosmetics, Automotive, Textiles, Others

By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

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Key highlights of the Hot Stamping Foils Market:

• Growing demand for premium packaging and labeling in various industries such as cosmetics, food and beverage, and automotive is driving the market.

• Metallic foils dominate the market due to their high demand in various industries.

• Plastic substrate is the dominant segment of the market, driven by the growing demand for premium packaging in the cosmetics and food and beverage industries.

• Asia Pacific is the largest market for hot stamping foils, driven by the growing demand for premium packaging in China and India.

• North America and Europe are also significant markets, driven by the high demand for luxury products and high-quality packaging.

• The automotive industry is adopting hot stamping foils for decorative and functional purposes, which is boosting market growth.

• The market is highly competitive, with key players such as API, Crown Roll Leaf, Kurz, and CFC International dominating the market.

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Ritvi Kadam
Prophecy Market Insights
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Originally published at https://www.einpresswire.com/article/632434183/metallic-foils-segment-dominates-hot-stamping-foils-market-due-to-high-demand-in-various-industries-by-pmi