A key element driving the market expansion of Holographic film over the anticipated period is the expanding packaging industry. The market expansion of the holographic film is anticipated to be accelerated by the rising need for security codes that are embossed in the films. Holographic films are one of the methods for developing security code as a result of the growing issue of counterfeit goods in a variety of industries, from cosmetics to pharmaceuticals.
The market for Holographic Films was valued at US$ 9,833.6 Mn in 2022 and is projected to reach US$ 20,895.8 Mn in 2030, growing at a CAGR of 9.88% during the forecast period (2023 to 2030).
Key Competitors in the Holographic Films Industry:
1. Toray Industries, Inc.: Established in 1926. Head office in Japan. Toray Industries Inc. is a Japanese business that primarily works in the integrated chemical sector to provide clothing and other materials for the industrial sector. The company's businesses include Environment & Engineering, Life Science, IT-related Products, Carbon Fibre Composite Materials, Plastics & Chemicals, and Fibres & Textiles. Alva Sweden AB is now owned by Toray.
2. Avery Dennison Corporation: created in 1999. Head office in the United States.A smart home business with headquarters in the US is called Vivint Smart Home Inc. The Company sells, installs, maintains, and keeps track of security and smart home systems. Home security and automation systems, Smart security cameras, One-touch leaving, Smart security sensors, Smart lighting and temperature management, and constant monitoring and support are some of the company's goods and services. In an all-cash deal with an implied multiple of 6.3x run-rate Enterprise Value to Adjusted EBITDA, NRG Energy, Inc. (NYSE: NRG) and Vivint Smart Home, Inc. (NYSE: VVNT) announced today that they have signed a definitive agreement. NRG will acquire Vivint for $12 per share or $2.8 billion under this agreement.
3. Nan Ya Plastics Corporation: Established in 1958. Taiwan's top brass. Nan Ya Plastics Corp produces and markets a range of electronic and polyester goods. Plastic goods, plastic materials, electronic materials, and fibre products are among the company's segments. Manufacturing and marketing plastic processing items, such as flexible polyvinyl chloride (PVC) sheets, are among its plastic product segments. Plastic petrochemical raw materials, such as ethylene glycol, are manufactured and sold by the plastic material business.
4. Jindal Poly Films Ltd (B.C. Jindal Group): Created in 1974. Headquarters in India. The polyester and BOPP films (plain, metalized, and coated) produced by Jindal Poly Films Ltd. are primarily used in the flexible packaging sector. The business also provides speciality and top-coated BOPP films to manufacturers of confectionery, beverages and food brands. PET films, Bopp films, metalized films, coated films, and other products are in the product pipeline. The Packaging Films Business, Nonwoven Fabrics, and Other Business segments make up the company's three business divisions. The Packaging Films Business generates the majority of the company's income.
5. Uflex Limited: Created in 1988. Headquarters in India. A packaging business is called Uflex Ltd. It engages in the production and marketing of flexible packaging goods and provides clients with a full range of flexible packaging options. The company makes plain plastic films that are printed, laminated, metalized, co-extruded, coated, embossed, and sticker sheets that are holographically marked. Additionally, it is involved in the production of rotogravure cylinders, flexo printing sleeves, flexo plates, liquid inks, adhesives, and specialty coatings that are utilised in the packaging process. Flexible Packaging Activities and Engineering Activities are the group's operational segments. The segment's activities involving flexible packaging are where it makes the most money. The purchase of Flex Chemicals Private Limited's entire equity by Uflex Limited has been finalised.
6. SRF Limited: Built in 1995. Head offices in India. Flexible packaging items are produced by a company for the fast-moving consumer goods and industrial goods sectors. Bi-axially Oriented Polyethylene Terephthalate (BOPET) and Bi-axially Oriented Polypropylene (BOPP) films used in the packaging of food and non-food products are among the products produced by the business unit. These films allow producers of such products to provide their goods in safe packaging while also adhering to the necessary packaging standards.
7. Cosmo Films Limited: It was started in 1981. Headquarters in India.Specialty films for packaging, laminating, and labelling are produced by Cosmo First Ltd. The business provides eco-friendly solutions to the food, beverage, personal care, and pharmaceutical industries. Cosmo Films, Cosmo Specialty Chemicals, and Zigly are the three primary business divisions of Cosmo First Limited. Geographically, packaging films are the source of their revenue. Cosmo First limited - Always forward is the new brand name that Cosmo Films Ltd. has revealed.
*Definition: A very thin, flexible plastic film called holographic film—made of polyester (PET), oriented polypropylene (OPP), and nylon (Bonyl)—has been micro-embossed with designs or even pictures.
