Brand Story
18 Nov 2022, 19:15 GMT+10
The global soft touch film market is expected to grow at a spectacular CAGR between 2022 and 2032. Increased emphasis on promotion activities across industrial and commercial sectors, as well as growing uses of soft touch films in electronic packaging, are expected to generate strong revenue generation potential for the worldwide soft touch film market.
Soft touch films are thin matte films composed of plastics like polypropylene, polyethylene terephthalate, and polyethylene that have a velvety and soft texture. The scuff-resistant surface of these films enhances and protects the appearance of the substrate product. They are primarily intended for one-sided lamination and come in three coating options: water-based, solvent-based, and FDA compliant soft touch coatings.
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Market Competition
Some of the leading players in the global soft touch film market are
Attributed to large number of market participants, increasing new launches products, capacity expansion strategies, the market for soft touch film is highly competitive.
Soft Touch Lamination Film Market: Dynamics
Growing retail sector plays pivotal role in driving the soft touch lamination film market. Rising inclination of customers towards product premiumization in the developing economies has led to intense demand for packaging laminates over the last decade. Also, trend for extra durable and water-proof documentation in the corporate sector have added an optimistic impact on the soft touch lamination film market.
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Soft Touch Lamination Film Market: Company Developments and Industry Level Trends
Key market participants all across the globe that operate in the packaging films market have focus towards launch of novel luxurious lamination products with superior velvety feel as well as with a scuff-resistant surface.
In 2017, Spanish firm Derprosa Films (Taghleef Industries S.L.U.) launches soft touch lamination film. The company guarantees the preservation of the Soft-Coat without losing the velvety feel, highlighting colours with an effect that is 50 percent more matt than a standard film.
Pragati Corporation has new type of soft touch lamination film that has 18 microns thickness and is used for photo albums, pamphlets, decorative packaging etc.
Regional Outlook
The global soft touch lamination film market is segmented into seven regions, namely, Asia Pacific Excluding Japan (APEJ), Japan, Latin America, North America, Eastern Europe, Western Europe, and Middle East and Africa (MEA). As a result of increased digitization the market for soft touch lamination film in North America is expected to witness a moderate growth.
The similar trend is followed by European countries including Germany, the U.K., France, and Italy among others. However, China, India, and ASEAN countries are expected to draw healthy rate of growth in soft touch lamination film market. Similar trend are likely to be followed in the MEA region owing to rapid shift among customers towards enhanced product appearance. These factors are supposed to drive the global soft touch lamination film market during the next decade.
Frequently Asked Questions
Key Segments Profiled in the Soft Touch Film Market Survey
By Material:
By Coating:
By Film Width:
By Application:
By Region:
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About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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