Decorative Film and Foil Market is Expected to Expand at a CAGR of 5.3%, Reaching US$ 32 Billion by 2034 | Fact.MR Report
Increasing Use of Metallic Decorative Films and Foils to Enhance Elegance and Appearance of Vehicles
Rockville, MD , Oct. 28, 2024 (GLOBE NEWSWIRE) — Not only in homes, film and foil is being increasingly used for vehicle aesthetics enhancements too. According to Fact.MR, a market research and competitive intelligence provider, the global : The global film formers market has reached US$ 1.6 billion in 2022 and is expected to progress at a steady CAGR of 4.9% to end up with a market valuation of US$ 2.5 billion by 2032.
EVOH Film for Packaging Market: Increasing focus of food manufacturers on keeping their products nutrition-rich and increasing their shelf life is all set to increase the demand for EVOH films for packaging. The global EVOH film for packaging market is calculated at US$ 5.52 billion in 2024 and has been forecasted to rise at a CAGR of 5.1% to reach US$ 9.03 billion by the end of 2034.
Window Films Market: The global market for window films reached a valuation of around US$ 11.5 Bn in 2021 and is slated to accelerate at a CAGR of 6% to top US$ 22 Bn by 2032. Demand for the sun-type segment is high and is set to increase at a CAGR of 5.5% across the assessment period of 2022 to 2032.
Agricultural Film Market: The global agricultural film market size is estimated to account for a value of US$ 11.78 billion in 2024 and is forecasted to reach US$ 21 billion by the end of 2034. Worldwide sales of agricultural films are predicted to increase at 5.9% CAGR over the next ten years.
Automotive Wrap Films Market: Expanding at a significant CAGR of 22.5%, the global automotive wrap films market is predicted to increase from US$ 7.11 billion in 2023 to US$ 54.1 billion by the end of 2033.
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