Soft touch film market is estimated to achieve a value of USD 2.9 billion in 2024. The industry is likely to reach beyond USD 3.9 billion by 2034. The CAGR for the same period is expected to be tapped at 3.1%. The sales of films with soft touch lamination are being promoted through better marketing strategies in the areas of commercial and industrial applications.
For one-sided lamination, thin matte lamination films composed of polymers such as polypropylene and polyethylene offer a scuff-resistant surface and a velvety feel. In 2023, soft touch layers brought approximately USD 2.8 billion in revenue.
Global Soft Touch Film Industry Assessment
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 2.8 billion |
| Estimated Size, 2024 | USD 2.9 billion |
| Projected Size, 2034 | USD 3.9 billion |
| Value-based CAGR (2024 to 2034) | 3.1% |
Soft touch lamination films are designed for use in solvent-based, water-based, and FDA-compliant applications. They are available in three coating types. The layers are estimated to offer excellent color clarity, superior textural feel, less glare, and preservation of picture color, all of which are in high demand in global packaging industry.
Since they provide a premium feel, a matte, velvet-like texture, and protection, soft sensation films are predicted to become more and more in demand. Applications for these films include business cards, upscale brochures, and luxury packaging.
The films have a long-lasting effect on final product because of their extreme durability. Also, laminating films do not leave fingerprints, they are perfect for safeguarding upscale goods. It is expected that manufacturers would favor widespread use of smooth touch materials.
The demand for soft touch films is expected to continue growing at a solid rate, as shown in recent years. The growing need for high-end packaging materials that deliver customers a sensory experience is driving the industry.
Silky touch sheets provide items and brands with a distinctive feel and touch, increasing their perceived value. Because of growing rivalry and desire to differentiate their products, producers are using soft touch coatings to make visually striking packaging that sticks out on store shelves.
The industry is defined by existence of both long-standing participants and recent arrivals. Prominent firms within tactile film industry are allocating resources toward research and development endeavours to provide inventive merchandise and broaden their range of offerings. Furthermore, firms frequently engage in strategic alliances, mergers, and acquisitions in order to fortify the industry positions and get a competitive advantage.
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The economic system for silk touch films is expected to grow at a CAGR of several semi-annual intervals between 2024 and 2034, as indicated in the table following. After soaring at a CAGR of 3.3% in the first half (H1) of the decade from 2023 to 2033, the industry is predicted to register a negligible rate of 2.9% in the second half (H2) of the same decade.
| Particular | Value CAGR |
|---|---|
| H1 | 3.3% (2023 to 2033) |
| H2 | 2.9% (2023 to 2033) |
| H1 | 3% (2024 to 2034) |
| H2 | 3.4% (2024 to 2034) |
Moving forward, from H1 2024 to H2 2034, the CAGR is anticipated to rise slightly to 3% in the first half and stay relatively stable at 3.4% in the second half. The market value declined by 40 BPS in the first half but caught a glimpse of inclination at 40 BPS in the second half. The demand trajectory of the sector is anticipated to uplift the consumer base of the smooth touch film industry.
Nascent Demand for Soft Touch Lamination for the Premium Packaging
The need for luxuriously soft films is expanding significantly because of changing customer tastes and increased disposable income. The need for elegant packaging solutions has increased as consumers look for high-end goods. Smooth touch films provide an opulent tactile sensation that adds value to the product and complements many businesses' premium branding initiatives.
Companies known for the premium products like Lancôme and Estée Lauder use soft touch films in the packaging of skincare, cosmetics, and fragrance products. The opulent quality of these items is reflected in the packaging's silky, velvety feel.
Manufacturers looking to set themselves apart in a crowded market frequently choose smooth touch films because of their reputation for strength and printability. Their functional features and tactile appeal make them appealing, and their demand is projected to persist due to the increasing emphasis on customer experience and product display.
Premium Bottle Packing Presents a Novel Prospect for Sustainable Lamination
Within the silk touch film industry, beverage companies' consumer base is being prolonged by a burgeoning trend of sustainability. The beverage industry is shifting towards sustainable packaging because of environmental issues.
Silky-soft films that are recyclable or biodegradable give an upscale, tactile feel to packaging, which is an environmental consideration. By appealing to environmentally aware customers, this innovation can enlarge the product reach and brand image of beverage companies.
Premium alcohol brands, including Johnnie Walker and Moët & Chandon, utilize soft touch films for their bottle labels and packaging. The luxurious texture reinforces the premium nature of the product.
Brands that care about sustainability are envisioned to find delicate touch films excellent since they fulfill environmental regulations and have stylish designs. Beverage firms may take advantage of the expanding market of environmentally concerned customers by incorporating them into their packaging strategy, which is foreseen to promote brand loyalty and accelerate growth.
Affluent Production of Vibrant Packaging Limits Industry Development
Soft lamination applications have many benefits, but several issues are impeding their global clientele share. A notable obstacle in the soft film industry is the augmented total expense of goods using these films, which may dissuade financially prudent buyers and producers.
Soft touch coatings often lessen the brightness of substrate colors, which may affect the finished product's aesthetic attractiveness. This restriction can be especially problematic for firms whose packaging is bright and striking.
The adoption of soft touch films may be restricted because of many manufacturers choosing these less expensive alternatives, even when they have superior qualities. Furthermore, a major obstacle to market adoption is the availability of inexpensive alternatives like traditional gloss and matte films. These substitutes provide sufficient functionality at a much lower price, even if they do not have the opulent tactile feel of smooth touch films.
Principal Consultant
The soft touch film market expanded at a CAGR of 2.8% and achieved the valuation of USD 2.8 billion by 2023 starting from the initial valuation of USD 2.4 billion in 2019. The application of packaging in the presentation of products and safeguarding of products during transportation has become important because of the increase in e-business and online purchases.
The soft touch lamination films are the best alternatives since they are long lasting and have a good appearance especially for the products that are considered to be of higher class.
Silk touch lamination demand is set to register a CAGR of 3.1% in the forecast period, totaling USD 3.9 billion by 2034. The industry is estimated to be around USD 2.9 billion in 2024. Further advancements in the coating technologies are causing the development of enhanced soft touch films that have better performance, scratch resistance, and durability.
Continuing improvements in coating technologies are driving the creation of better soft touch films with improved performance, scratch resistance, and durability. It is anticipated that manufacturers will make investments in material science research to improve the performance and caliber of lamination films.
The multinational corporations, such as Amcor Limited, Dow Chemical Co., Avery Dennison Corporation, and Taghleef Industries SLU, are recognized for their vast range of products and substantial impact on their respective industries. Tier 1 businesses lead the way in innovative packaging solutions, offering a wide range of solutions within multiple sectors, and hence founding benchmarks across the globe.
Establishments like DUNMORE Corporation, Cosmo Films, Ltd., Flex Films Limited, and Ampacet Corporation are Tier 2 businesses that command a substantial revenue share and a strong regional market presence.
Although they are not as strong globally as Tier 1 giants, they are nevertheless quite competitive in the industry. They can effectively address industrial demands and hold significant market positions because of their specialized product offerings and strong regional influence.
Due to their niche product lines and little market presence, Doro Tape (UK) Ltd., Monotech Systems Ltd., Pragati Corporation, and Jet Technologies are categorized as Tier 3 firms. Smaller or more specialized businesses with a narrower market focus or niche presence, sometimes catering to certain geographical markets or sectors, make up the Tier 3 group.
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The section beneath includes a market overview of soft touch films for different nations. Up to 2034, Spain is expected to lead in Europe with a CAGR of 2.7%. India is anticipated to lead the Asia Pacific region with a CAGR of 5.5% by 2034, while demand from China is envisioned to register a CAGR of 4.8%. The demand from the Asia Pacific sector is anticipated to boost as the manufacturing units are developing in the province.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| United States | 1.9% |
| Canada | 1.4% |
| Spain | 2.7% |
| United Kingdom | 1.8% |
| China | 4.8% |
| India | 5.5% |
The soft touch film sector in Spain is anticipated to report a CAGR of 2.7% from 2024 to 2034. As of right now, it has the most share in Europe, and this is predicted to keep happening throughout the projection period.
Demand for soft touch lamination is gradually swelling in industrial sector of Spain because of features such as country's retail sector, consumers' awareness of tactile and aesthetic benefits of these films, and the country's desire for high-end goods in a variety of industries, including beverages, electronics, and cosmetics.
To satisfy such demands and take advantage of market's potential for expansion and innovation, manufacturers in Spain are forced to use lamination films. Soft touch lamination films are becoming an essential part of packaging strategies due to their better finish and capacity to increase the perceived value of products. As Spain's industrial environment changes, this makes it an important sector for investment and growth.
The soft touch film industry in India is anticipated to register a CAGR of 5.5% by 2034. India is emerging as an avenue for silk lamination films, because of its emphasis on aesthetics, luxury, and sustainability.
High-quality packaging materials are very important to the beauty and personal care industries. Companies such as Pragati Pack, Cosmo Films Ltd., and Monotech Systems Ltd. are responding to the need by providing cutting-edge ways to improve the physical and aesthetic appeal of packaging.
The rising demand for high-end, environmentally friendly packaging options is predicted to significantly expand the industry in India. The films' opulent aesthetic fits well with Indian customers' taste for upscale, sophisticated goods, and their use of sustainable resources in production speaks to environmental conscience. Soft touch laminating films are a desirable option for businesses in the cutthroat industry because of their dual appeal.
China is projected to highlight a CAGR of 4.8% from 2024 to 2034, developing novel improvements in the lamination packaging sector. New package designs with soft touch laminations are being created by burgeoning e-commerce enterprises such as Alibaba for luxury packaging that is intended for export outside of China.
The rapid growth of the manufacturing sector of China has led to a greater need for soft layer films. Rather than focusing only on how well their items work, producers are increasingly attempting to enhance their appearance.
Modern products' packaging is designed to feel opulent thanks to the use of smooth touch films; firms like Xiaomi and Huawei have recognized the value of high-quality packaging.
High-end appliances are also starting to use soft-touch lamination. To produce a more premium look, manufacturers such as Haier are employing such technology. The propensity is consistent with the growing Chinese consumer desire for beautiful, high-quality products.
The section contains information about the leading segments in the soft lamination industry. By material, the polypropylene segment is estimated to acquire a market share of 34.1% in 2024. Additionally, based on the end use of the film, around 52.3% of the laminations are preferred by packaging sector.
| Material | Polypropylene (PP) |
|---|---|
| Value Share (2024) | 34.1% |
In the smooth lamination market, polypropylene (PP) holds a dominant position, accounting for roughly 34.1% of total revenue in 2024. Its ability to provide the velvety, smooth texture that customers want accounts for its domination. However, the market worth of polypropylene goes beyond its visual appeal.
Producers are always coming up with new ideas, taking use of PP's adaptability to make distinctive designs and serve a larger customer base. Anticipate a boom in innovative PP-based smooth touch films with eye-catching surfaces, textures, and maybe even integrated functions, extending PP's dominance as the top material in this quickly expanding sector.
| Thickness | Packaging |
|---|---|
| Value Share (2024) | 52.3% |
Brands are incorporating smooth films into the lamination of product designs, leading to a surge in demand for thin layering films. The packaging sector is projected to capture a 52.3% revenue share in 2024 and offer aesthetics and functionality, allowing manufacturers to create innovative container designs with intricate shapes and details.
Given its remarkable ability to enhance tactile feel, lessen glare, and maintain the color brightness of the image, films with soft touch lamination are in elevated demand in the packaging sector.
They are a well-liked alternative on the global market since they enhance the luxurious look of product packaging and outperform traditional matte laminating films in terms of color clarity. The packaging manufacturers are taking advantage of such films for the packing or laminating the rigid goods.
Prominent manufacturers of soft touch films are pursuing a two-pronged strategy. To stay ahead of the curve, seasoned industry leaders are giving research and development top priority. A strategy like this results in innovative goods with enhanced features.
Soft lamination films are more resilient to scratches, have better durability, or even include integrated features like antibacterial qualities. Leading businesses strive to satisfy changing consumer demands and maintain their competitive edge by continuously innovating.
To broaden their global scope and present fresh film possibilities to unexplored areas, up-and-coming businesses are joining up with local and regional enterprises. This two-pronged approach helps customers and brands alike, creating a vibrant and competitive market. The industry's relevance is increased by collaborations that foster market development and innovation from well-established firms.
Recent Industry Developments in Soft Touch Film Market
In terms of material, the industry is divided into Polypropylene (PP), Polyvinyl Chloride (PVC), Polyester (PET), Polyamide (PA), Polyethylene (PE), and other materials such as EVA, and EVOH.
In terms of thickness, the industry is segregated into upto 0.1 mm, 0.1 to 0.5 mm 0.5 to 1.0 mm, and above 1 mm.
End use industries of the sector are lamination, packaging, printing and publication.
Key countries of North America, Latin America, Europe, East Asia, South Asia, Middle East and Africa (MEA), and Oceania have been covered in the report.
The industry is projected to witness CAGR of 3.1% between 2024 and 2034.
The global industry stood at USD 2.8 billion in 2023.
The global industry is anticipated to reach USD 3.9 billion by 2034.
India is set to record a stable CAGR of 5.5% in the assessment period.
Doro Tape Ltd., Monotech Systems Ltd., and Avery Dennison Corporation.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Material
6.2. Coating
6.3. Film Width
6.4. Application
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
7.1. Polypropylene (PP)
7.2. Polyethylene Terephthalate (PET)
7.3. Polyethylene (PE)
7.4. Others
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Coating
8.1. Water Based
8.2. Solvent Based
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Film Width
9.1. Below 15 microns
9.2. 15-25 microns
9.3. 25-35 microns
9.4. Above 35 microns
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
10.1. Book Covers
10.2. Postcards
10.3. Premium Prints
10.4. Corporate Brochures
10.5. Electronic Packaging
10.6. Luxury Folding Cartons and Boxes
10.7. Dust Jackets
10.8. Other Applications
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
11.1. North America
11.2. Latin America
11.3. Western Europe
11.4. South Asia and Pacific
11.5. East Asia
11.6. Middle East and Africa
12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. South Asia and Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Material, Coating, Film Width, and Application for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. Taghleef Industries SLU
20.2. Avery Dennison Corporation
20.3. Flex film Limited
20.4. Doro Tape (UK) Ltd.
20.5. Jet Technologies
20.6. DUNMORE Corporation
20.7. Ampacet Corporation
20.8. Cosmo Films, Ltd.
20.9. Pragati Corporation
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Soft Touch Film Market
