Hot Stamping Foils Market
Hot stamping is a dry printing method of lithography, which involves the transfer of pre-dried ink or foil onto a surface by applying high temperature and pressure. Hot stamping foils can be classified into the following types: metallic foils, pigment foils, hologram foils, and specialty foils. Equipment used for transferring these prints onto solid surfaces are known as hot foil stamp printing machines. Hot stamping machines use hand-set letters for personalization, which can include names, dates, or titles, or they use metal dies for graphic designs or logos. In a hot stamping machine, a die is heated and the product to be stamped is placed beneath it. A metallized or painted roll-leaf carrier is inserted between the die and the product to be stamped. The die is then pressed onto the product to be stamped by application of high temperature and pressure. In this way, the dry paint or foil used is impressed onto the surface of the product.
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Based on product, the global hot stamping foils market has been segmented into metallic foils, pigment foils, hologram foils, and specialty foils. Out of these, metallic foils is the most widely used type of hot stamping foils. Pigment foils is the most versatile type of hot stamping foils. However, the pigment foils segment is likely to lose market share during the forecast period. Hologram foils is estimated to be the rapidly expanding product segment during the forecast period. Hologram foils are used to make holograms on products for the purpose of identification of the product and its brand as well as to mark the product as authentic and genuine. Hot stamped holograms are found on the packaging of confectioneries, cosmetics, automotive parts, textiles, and similar merchandised items. They are also used for making holograms on credit and debit cards and important government documents for the purpose of security and prevention of counterfeiting.
In terms of carrier film used, the global hot stamping foils market can be segmented into paper, cellulose acetate, polyester, polypropylene, PET, and polythene. Polyester is estimated to be the leading segment of the hot stamping foils market from 2018 to 2026. The segment is expected to continue its dominance during the forecast period. The cellulose acetate segment is projected to witness rapid growth during the forecast period. Hot stamping foils with cellulose acetate as a carrier film are primarily used in hot stamping of textiles and hot stamping on clothing labels. The polythene segment is likely to witness decline in the demand from 2018 to 2026, due to increasing focus on using eco-friendly materials as carrier films.
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Based on labels & packaging, the global hot stamping foils market can be segmented into narrow web labels, wet glue labels, folding cartons, flexible packaging, and corrugated packaging. Narrow web labels is the major segment. Corrugated packaging is anticipated to be the rapidly expanding segment from 2018 to 2026. Folding cartons and flexible packaging segments are projected to expand at a significant growth rate between 2018 and 2026.
In terms of region, the global hot stamping foils market can be classified into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Europe is estimated to be the leading market for hot stamping foils across the world during the forecast period. Asia Pacific and Latin America are anticipated to be rapidly expanding markets for hot stamping foils during the forecast period. Hot stamping foils are employed in packaging applications across a wide array of industries and growth of the market in these regions can be attributed to growth of packaging industries in these regions. The market for hot stamping foils in Europe and North America is likely to witness sluggish growth between 2018 and 2026, as these are already mature markets. Manufacturers in developed regions have limited presence in Middle East & Africa and Latin America.
The study includes profiles of major companies operating in the global hot stamping foils market. Key players profiled in the report are API Group, Kurz, UNIVACCO Foils Corporation, Crown Roll Leaf Inc., Foilco Limited, Nakai Industrial Group, CFC International, Washin Chemical Industry Co., Ltd., and K Laser. Market players have been profiled in terms of company overview, business strategies, and recent developments.