Laser Film Market Scope
A single emulsion material is used in dry imaging systems to reproduce images through electronic control of laser light directly onto the film. It is used in various industries such as cigarettes, food and beverage, pharma and cosmetic and others. Various types of material are used for manufacturing laser film such as PVC, PP, polyester, others. Increasing disposal income among middle-class families and increasing usage of laser film in various application such as printing are some of the major factors which affect the growth of the market in the future.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | The 3M Company (United States), Formosa Plastics Corporation (Taiwan), Eltech K-Laser srl (Italy), Shanghai Zijiang (China), Yoto Holographics (China) and Shenzhen Jinjia Group Co., Ltd. (China) |
CAGR | % |
Some of the major players operating in the market are Eltech K-Laser srl (Italy), Shanghai Zijiang (China), Yoto Holographics (China), Shenzhen Jinjia Group Co., Ltd. (China), among others. These players are undertaking a strategy involving new product launches, acquisitions, and collaborations & agreements to improve their market position and extend their competitive advantage. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Laser Film market throughout the predicted period.
The 3M Company (United States), Formosa Plastics Corporation (Taiwan), Eltech K-Laser srl (Italy), Shanghai Zijiang (China), Yoto Holographics (China) and Shenzhen Jinjia Group Co., Ltd. (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Shanghai okay-packaging co., ltd. (China) and Asian Reprographics Private (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Laser Film market by Type , by Application (Cigarette, Food and Beverage, Pharma and Cosmetic and Others) and Region with country level break-up.
On the basis of geography, the market of Laser Film has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In January 2021, Salvo Technologies Inc., a technology-based holding company, has acquired Arrow Thin Films (Emerson, NJ), a leading manufacturer of high laser damage threshold coatings, laser crystals and optics used in laser systems. The acquisition bolsters Salvo Technologies’ manufacturing base, and adds complementary coating capabilities that allow Salvo Technologies to better serve its existing customer base.
In December 2022, Optom a, a projector brand and a designer of display products has announced the launch of its eco-friendly laser projector for the Indian market. The new range of projectors ZX350e,
Influencing Trend:
Technology Advancement in Laser Film
Market Growth Drivers:
Increasing Usage of Laser Film in Citrate and Food & Beverage Industry and Rising Demand from Pharma and Cosmetic Sector
Challenges:
Rising Prices of Raw Material such as PVC, PP, Polyester and Others
Restraints:
Stringent Rules and Regulation
Opportunities:
Increasing Demand from Asia Pacific Countries
Key Target Audience
Laser Film Companies, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others