Technology growth

Soft Touch Films Market Innovations, Technology Growth

The Soft Touch Films Market is anticipated to reach higher heights in 2032, likely to witness a vigorous growth in CAGR during the assessment period 2022-2032.

A survey conducted by Future Market Insights (FMI), a leading provider of market research and competitive intelligence, offers insight into vital dynamics facilitating the growth of the Global Soft Touch Films Market over the assessment period. 2022-2032.

Detailed study on Soft Touch Films Market by FMI provides fascinating insights into key dynamics, such as drivers and opportunities, facilitating the growth of the market. It reveals challenges that pose threats and highlights prospects for growth in the near future.

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According to the comprehensive analysis conducted by ESOMAR certified consulting firm, FMI, the global soft touch films market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends and opportunities that will increase the sales of Soft Touch Films over the next 10 years.

Soft touch films are relatively thin matte films made of plastics such as polypropylene, polyethylene terephthalate, polyethylene and others that provide a velvety soft feel. These films have a scratch resistant surface that enhances and protects the appearance of the substrate product. They are primarily designed for one-side lamination and are available in three types of coatings: water-based, solvent-based, and FDA-compliant soft-touch coatings.

The demand for soft-touch films is growing at a rapid rate, due to their ability to improve texture feel and minimize glare while preserving image color. Additionally, these films provide vibrant and exceptional color clarity that surpasses all other standard matte lamination films while adding a premium feel to the luxury product package. It is estimated that this will increase the sales of soft touch films in the global market.

In addition to this, end users are increasingly changing their preference towards adopting these ultra-matte soft-touch and scratch-resistant films from the traditional films. This is attributed to their benefits such as premium finish, fingerprint resistance, toner chipping protection, improved grip, etc. Hence, the increasing use of soft touch films in the printing of cards, brochures, flyers and others is expected to drive the demand in the global soft touch films market.

Key Soft Touch Film Market Takeaways and Projections

The United States is expected to dominate the North American soft touch films market, forecasting the fastest growth in the region between 2022 and 2032
Germany and the UK are collectively expected to hold the largest share of the European market over the assessment period.
China will dominate the East Asian market, accounting for the largest share of demand during the forecast period.
India is expected to become a highly lucrative market in South Asia, contributing the major revenue share in the region until 2032.

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Competitive landscape analysis

Market research conducted by FMI outlines key trends and challenges in the packaging industry and its consequent impact on the soft touch film market. The survey provides in-depth market share analysis to offer an in-depth analysis of the prevailing competition.

It also provides a list of major players and recent developments in the global Soft Touch Films market. Some of the major market players are Taghleef Industries SLU, Avery Dennison Corporation, Flexfilm Limited, Doro Tape (UK) Ltd., Jet Technologies, DUNMORE Corporation, Ampacet Corporation, Cosmo Films, Ltd., Pragati Corporation.

Key segments profiled in the Soft Touch Films market study

By Material:

Polypropylene (PP)
Polyethylene terephthalate (PET)
Polyethylene (PE)
Others

By coating:

water-based
Solvent based
FDA Compliant Soft Touch Coatings

By film width:

Below 15 microns
15-25 microns
25-35 micron
Above 35 microns

Per application:

book covers
Postcards
Premium prints
Corporate brochures
Electronic packaging
Luxury folding cartons, boxes, etc.
Covers
Others

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About Future Market Insights (IMF)
Future Market Insights (ESOMAR certified market research organization and member of the Greater New York Chamber of Commerce) provides in-depth insights into the driving factors that increase demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 5 years.

This press release was published on openPR.