The global tipping foils market is estimated to exhibit growth at a CAGR of nearly 2% to 3% during the forecast period 2022 to 2032. Increasing customer inclination towards adopting high-security personal identification cards and contactless interfaces has resulted in increasing the adoption of smartcards, which is in turn, augmenting the demand for tipping foils in the market.
| Attribute | Details |
|---|---|
| Tipping Foils Market Projected Growth Rate (2022 to 2032) | 2% to 3% CAGR |
Tipping foils are a type of foil embossed on financial institution cards using hot stamping or tipping processes. These foils are designed to enhance the durability of cards to resist daily wear and tear along with maintaining the card quality for a longer period of time. Tipping foils are stamped onto the raised letters present on the card during the in-line vertical personalization process.
These foils are either pigmented or metallic and can be embossed permanently on the face of the card. They are available in a wide range of finishes and colors, from red to black and silver. However, metallic silver and gold are the most commonly used colors in the tipping process, owing to their compelling aesthetic and feel.
As tipping foils creates decorative finishes, enhance the look of the cards, and add anti-counterfeiting measures, they are extensively being used in automated teller machine (ATM) cards, identification (ID) cards, loyalty cards, credit cards, debit cards, and prepaid cards among others.
Hence, the increasing adoption of aforementioned cards owing to the rapidly shifting preference for cashless payments, especially in prominent economies such as the USA, China, Germany, India, and others is projected to bolster the sales of tipping foils in the market.
In addition to this, rising emphasis on the introduction of novel tipping foils with a superior abrasion resistance that results in longer-lasting high-quality imprints is estimated to further augment the growth in the global market.
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In recent years, a significant rise in the trend of cashless payments is being experienced across the globe, on the back of increasing incidence of cash theft, shifting preference towards bank transactions, and inconvenience in carrying hard cash. The trend registered massive growth amidst the coronavirus pandemic, as people across the infected countries were increasingly avoiding the use of cash for monetary transactions due to the fear of getting infected.
Citing this trend, numerous financial and banking firms are emphasis on introducing new contactless monetary transaction-enabled cards to capitalize on the aforementioned trend. For instance, in September 2020, IDFC First Bank, an Indian private banking company, announced unveiling its novel contactless debit card, SafePay, for enhancing customer convenience for their daily transactions simply by waving the card against the near field communication (NFC) enabled point of sales (PoS) terminals.
Tipping foils improve adhesion, increase surface hardness, lower card rejection, and enhance durability, thereby, increasing the life of the raised numbers present on cards. As they also assist in increasing card aesthetics, sharpening details of embossed characters, fine lining card definition, and providing uniformity, these foils are extensively being used on financial cards. Thus, a slew of such launches is expected to propel the demand for tipping foils in the market.
The increasing shift in customer preference toward the adoption of online payments using smartphones and the rinsing introduction of novel online payment platforms such as UPI, internet banking, BHIM mobile applications, and others is negatively affecting the demand for financial cards. This is, in turn, hindering the sales of tipping foils in the global market.
In addition to this, the growing implementation of stringent regulations by governments across the USA, Germany, India, the UK, China, and others concerning the use of plastic, owing to the growing environmental concerns is restraining the growth in the plastic segment.
Principal Consultant
As per FMI, North America is estimated to exhibit growth at a rapid CAGR in the tipping foils market during the forecast period 2022 to 2032.
With the surging trend of cashless payments and the rising need for secured authentication for data access across corporate enterprises, a swift rise in the demand for cards such as ID cards, excess cards, debit cards, and credit cards is being witnessed across North America.
Hence, several industry players are aiming at launching new cards with innovative personalized features such as names, numbers, and others to cater to the growing demand. This is in turn, creating strong demand for associated products such as tipping foils in the North American market.
Future Market Insights states that Western Europe is anticipated to account for a significant share of the global tipping foils market over the forecast period 2022 to 2032.
As the trend of digitalization continues to create deeper inroads across Western Europe, a rapid shift in consumer preference towards online shopping is being experienced across the countries such as the UK, Germany, Spain, and others. Citing this trend, several clothing brands are launching novel membership and loyalty cards with tempting offers and discounts to increase the customer base.
For instance, Zara, a Spanish flagship clothing chain store recently announced the launching of exclusive membership cards with attractive benefits, birthday discounts, and offers for members. As these cards are embossed with tipping foils to make them look more personalized and appealing, a slew of such product launches is estimated to bolster the demand in the Western Europe market.
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Some of the leading players in the global tipping foils market are Caxton Mark, Tavani Oy, Kurz.De, Capture Technologies, Kede, ITW Card Technologies, Peak-Ryzex, Zetatrade, QuickLabel, KROY LLC, Barcodes, Quipu, BRADY, IIMAK, Zebra and others.
Attributed to the presence of such a high number of participants and increasing product launches with superior durability and abrasion resistance, the market is highly competitive.
| Report Attribute | Details |
|---|---|
| Growth Rate in Automotive Sector | CAGR of 2% to 3% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2020 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Application, Region |
| Countries Covered | North America; Latin America; Western Europe; Eastern Europe; Asia-Pacific Excluding Japan (APEJ); Japan; Middle East and Africa |
| Key Companies Profiled | Caxton Mark; Tavani Oy; Kurz.De; Capture Technologies; Kede; ITW Card Technologies; Peak-Ryzex; Zetatrade; QuickLabel; KROY LLC; Barcodes; Quipu; BRADY; IIMAK; Zebra |
| Customization | Available Upon Request |
FMI projects the sales of tipping foils in the market are expected to rise at 2% to 3% value CAGR by 2032.
The global tipping foils market is anticipated to be dominated by Asia Pacific excluding Japan over the forecast period 2022 to 2032.
Caxton Mark, Tavani Oy, Kurz.De, Capture Technologies, Kede, ITW Card Technologies, Peak-Ryzex, Zetatrade, QuickLabel, KROY LLC, Barcodes, Quipu, BRADY, IIMAK, Zebra, and others some of the leading players in the global tipping foils market.
1. Executive Summary | Tipping Foils Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Impact of Covid-19
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Macro Factors and Forecast Factors
3.4. Value Chain Analysis
3.4.1. Profit Margin Analysis
3.4.2. Raw Material Suppliers
3.4.3. Manufacturers, Wholesalers, and Distributors
3.4.4. End Users/ Customers
3.5. Regional Parent Market Outlook
3.6. Production and Consumption Statistics
3.7. Global Average Pricing Analysis Benchmark
4. Global Tipping Foils Market Analysis 2015 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis, 2015 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Material
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis by Material, 2015 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast by Material, 2022 to 2032
5.3.1. Paper
5.3.2. Plastic
5.4. Y-o-Y Growth Trend Analysis by Material, 2015 to 2021
5.5. Absolute $ Opportunity Analysis by Material, 2022 to 2032
6. Global Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis by Application, 2015 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast by Application, 2022 to 2032
6.3.1. Label Applicator
6.3.2. Card Applicator
6.4. Y-o-Y Growth Trend Analysis by Application, 2015 to 2021
6.5. Absolute $ Opportunity Analysis by Application, 2022 to 2032
7. Global Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Distribution Channel
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis by Distribution Channel, 2015 to 2021
7.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast by Distribution Channel, 2022 to 2032
7.3.1. Online
7.3.2. Offline
7.4. Y-o-Y Growth Trend Analysis by Distribution Channel, 2015 to 2021
7.5. Absolute $ Opportunity Analysis by Distribution Channel, 2022 to 2032
8. Global Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Tonnes) Analysis by Region, 2015 to 2021
8.3. Current and Future Market Size Value (US$ Million) & Volume (Tonnes) Analysis and Forecast by Region, 2022 to 2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. East Asia
8.3.5. South Asia
8.3.6. Oceania
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis, by Region
9. North America Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
9.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. United States of America
9.2.1.2. Canada
9.2.2. By Material
9.2.3. By Application
9.2.4. By Distribution Channel
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Material
9.3.3. By Application
9.3.4. By Distribution Channel
9.4. Key Takeaways
10. Latin America Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
10.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Argentina
10.2.1.4. Chile
10.2.1.5. Peru
10.2.1.6. Rest of Latin America
10.2.2. By Material
10.2.3. By Application
10.2.4. By Distribution Channel
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Material
10.3.3. By Application
10.3.4. By Distribution Channel
10.4. Key Takeaways
11. Europe Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
11.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. Italy
11.2.1.3. France
11.2.1.4. United Kingdom
11.2.1.5. Spain
11.2.1.6. BENELUX
11.2.1.7. Nordic
11.2.1.8. Russia
11.2.1.9. Poland
11.2.1.10. Rest of Europe
11.2.2. By Material
11.2.3. By Application
11.2.4. By Distribution Channel
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Material
11.3.3. By Application
11.3.4. By Distribution Channel
11.4. Key Takeaways
12. East Asia Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
12.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.2. By Material
12.2.3. By Application
12.2.4. By Distribution Channel
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Material
12.3.3. By Application
12.3.4. By Distribution Channel
12.4. Key Takeaways
13. South Asia Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
13.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Thailand
13.2.1.3. Malaysia
13.2.1.4. Indonesia
13.2.1.5. Rest of South Asia
13.2.2. By Material
13.2.3. By Application
13.2.4. By Distribution Channel
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Material
13.3.3. By Application
13.3.4. By Distribution Channel
13.4. Key Takeaways
14. Oceania Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
14.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
14.2.1. By Country
14.2.1.1. Australia
14.2.1.2. New Zealand
14.2.2. By Material
14.2.3. By Application
14.2.4. By Distribution Channel
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Material
14.3.3. By Application
14.3.4. By Distribution Channel
14.4. Key Takeaways
15. Middle East & Africa Tipping Foils Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Tonnes) Trend Analysis by Market Taxonomy, 2015 to 2021
15.2. Market Size Value (US$ Million) & Volume (Tonnes) Forecast by Market Taxonomy, 2022 to 2032
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. Turkey
15.2.1.3. Northern Africa
15.2.1.4. South Africa
15.2.1.5. Rest of Middle East and Africa
15.2.2. By Material
15.2.3. By Application
15.2.4. By Distribution Channel
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Material
15.3.3. By Application
15.3.4. By Distribution Channel
15.4. Key Takeaways
16. Country-wise Tipping Foils Market Analysis
16.1. United States (United States of America)
16.1.1. Market Share Analysis, 2022
16.1.2. By Material
16.1.3. By Application
16.1.4. By Distribution Channel
16.2. Canada
16.2.1. Market Share Analysis, 2022
16.2.2. By Material
16.2.3. By Application
16.2.4. By Distribution Channel
16.3. Brazil
16.3.1. Market Share Analysis, 2022
16.3.2. By Material
16.3.3. By Application
16.3.4. By Distribution Channel
16.4. Mexico
16.4.1. Market Share Analysis, 2022
16.4.2. By Material
16.4.3. By Application
16.4.4. By Distribution Channel
16.5. Germany
16.5.1. Market Share Analysis, 2022
16.5.2. By Material
16.5.3. By Application
16.5.4. By Distribution Channel
16.6. Italy
16.6.1. Market Share Analysis, 2022
16.6.2. By Material
16.6.3. By Application
16.6.4. By Distribution Channel
16.7. France
16.7.1. Market Share Analysis, 2022
16.7.2. By Material
16.7.3. By Application
16.7.4. By Distribution Channel
16.8. Spain
16.8.1. Market Share Analysis, 2022
16.8.2. By Material
16.8.3. By Application
16.8.4. By Distribution Channel
16.9. United Kingdom
16.9.1. Market Share Analysis, 2022
16.9.2. By Material
16.9.3. By Application
16.9.4. By Distribution Channel
16.10. Russia
16.10.1. Market Share Analysis, 2022
16.10.2. By Material
16.10.3. By Application
16.10.4. By Distribution Channel
16.11. China
16.11.1. Market Share Analysis, 2022
16.11.2. By Material
16.11.3. By Application
16.11.4. By Distribution Channel
16.12. Japan
16.12.1. Market Share Analysis, 2022
16.12.2. By Material
16.12.3. By Application
16.12.4. By Distribution Channel
16.13. India
16.13.1. Market Share Analysis, 2022
16.13.2. By Material
16.13.3. By Application
16.13.4. By Distribution Channel
16.14. GCC Countries
16.14.1. Market Share Analysis, 2022
16.14.2. By Material
16.14.3. By Application
16.14.4. By Distribution Channel
16.15. Australia
16.15.1. Market Share Analysis, 2022
16.15.2. By Material
16.15.3. By Application
16.15.4. By Distribution Channel
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Region
17.3.2. By Product Portfolio
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Caxton Mark Inc
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments (Product/Channel/Region)
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Identity Ltd
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments (Product/Channel/Region)
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. PPF Solutions GmbH
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments (Product/Channel/Region)
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. ITW Specialty Films
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments (Product/Channel/Region)
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Zetatrade
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments (Product/Channel/Region)
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Tek Code System
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments (Product/Channel/Region)
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. Protex Smart Technologies Co., Ltd
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments (Product/Channel/Region)
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. North Pacific International Inc.
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments (Product/Channel/Region)
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Zhejiang Minong Century Group Co., Ltd
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments (Product/Channel/Region)
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. KVS Flexxifoils
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments (Product/Channel/Region)
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions and Acronyms Used
20. Research Methodology
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Tipping Foils Market
