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.
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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
