The recent installation of a hot stamper and embossing machine was announced by the Maryland-based label converter, Hub Labels. To replace its current equipment, Hub selected a Grafik Maskinfabrik GM HOTFB330 separate printed stamp unit.
Recently UNIVACCO Technology Inc., one of the world's largest producers of transfer films and stamping foils, said that it had developed a foil that could be produced out of recycled paper. UNIVACCO is the first foil manufacturer to successfully achieve closed-loop recycling of stamping foil and has its patent application in process.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 4348
Published Date: Oct 09, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing demand in the automotive sector, rising use in the printing industry, and increasing use of consumer electronics are some of the major growth factors for the market.
The market size of hot stamping foils is anticipated to attain a CAGR of 5 % over the forecast period, i.e., 2024-2036.
The major players in the market are KURZ, ITW Specialty Films, OIKE & Co., Ltd., UNIVACCO Technology Inc, WASHIN CHEMICAL INDUSTRY CO., LTD., Hangzhou Codewel New Material Co., Ltd., Durable Technologies, RASIK PRODUCTS PVT. LTD., Haining Longtime Industry Co., Ltd., NAKAJIMA METAL LEAF, POWDER Co., Ltd., And others.
The metallic foils segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.