Home Films With a CAGR of 8.76%, the architectural window film market will hit

With a CAGR of 8.76%, the architectural window film market will hit

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Pune, India, June 07, 2022 (GLOBE NEWSWIRE) — The world architectural window films market the size was $3.22 billion in 2021. The market size is expected to grow from $3.34 billion in 2022 at $4.59 billion by 2029 to a 4.6% CAGR during the forecast period. The market is expected to grow over the forecast period owing to the growing adoption of switchable smart films. Fortune Business Insight™ publish this information in a report entitled, Architectural Window Films Market, 2022-2029″.

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List of Key Players Profiled in The report:

  • SAINT GOBAIN (France)
  • 3M Company (USA)
  • Eastman Chemical Company (USA)
  • Avery Dennison Corporation (USA)
  • LINTEC Corporation (Japan)
  • Toray Plastics (America) Inc. (USA)
  • Madico Inc. (USA)
  • Reflective (France)
  • Garware Suncontrol (India)
  • Dexerials Corporation (Japan)
  • Armolan Window Films United States (United States)

Report scope and segmentation

Report attribute Details
Market size value in 2021 USD 3.22 Billion
Revenue forecasts in 2029 USD 4.59 Billion
Rate of growth CAGR of almost 4.6% 2022-2029
Year of reference 2021
Historical years 2018 – 2020
Forecast years 2022 – 2029
Segments Covered By product, by application
Forecast units Value (USD billion) and volume (units)
Quantitative units Revenue in USD Million/Billion and CAGR from 2022 to 2029
Regions covered North America, Europe, Asia-Pacific, South America, Middle East and Africa, and Rest of the World
Countries covered United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC countries and South Africa, among others
Number of companies covered SAINT-GOBAIN (France), 3M Company (USA), Eastman Chemical Company (USA), Avery Dennison Corporation (USA), LINTEC Corporation (Japan), Toray Plastics (America) Inc. (USA) ), Madico Inc. (USA), Reflectiv (France), Garware Suncontrol (India), Dexerials Corporation (Japan), Armolan Window Films USA (USA)
Report cover Market Growth Drivers, Restraints, Opportunities, Porter’s Five Forces Analysis, PEST Analysis, Value Chain Analysis, Regulatory Landscape, Market Attractiveness Analysis by Segments & Region, Market Share Analysis business and analysis of the impact of COVID-19.
Scope of customization Take advantage of personalized purchasing options to meet your exact research needs.

Impact of COVID-19:

Lack of production during pandemic has hampered market growth

The outbreak of COVID-19 pandemic has had a huge impact on the growth of architectural window films market owing to the stringent restrictions on material transportation and distribution. Raw material costs increased initially due to lack of supply and availability of raw materials. Economic disruptions related to the pandemic and the closure of global borders have affected import/export activities. This has negatively impacted the growth of the market during the pandemic.

segments:

Solar control film segment dominates the market owing to increased preference of residential buildings

By product type

  • sun protection film
  • decorative film
  • safety and security film
  • privacy film

The solar control films segment is expected to dominate the market over the forecast period owing to the various properties and capabilities of these films.

The residential segment will dominate the global market due to rapid urbanization

Based on application, the market is divided into residential and commercial. The residential segment is expected to dominate the global market owing to the growing demand for sun protection and decorative films.

Geographically, the market share is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

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Report cover:

The report highlights current market trends and recent developments introduced by leading market players. The impact of the COVID-19 pandemic on the market development and growth opportunities is mentioned later in this report. Furthermore, the drivers and restraints affecting the current market conditions over the forecast period are further discussed along with the business growth strategies adopted by the major market players. Regional insights regarding segmented market areas are discussed later in this report.

Drivers and constraints:

Strong demand for energy-efficient housing systems to propel growth

The demand for architectural window films is expected to increase over the projected period owing to the growing need for these films in the residential sector. Also, increasing adoption of switchable smart films is expected to drive the market in the coming years. Furthermore, increasing adoption of energy-efficient housing systems is expected to fuel market growth by supporting green building initiative introduced by governments.

However, high commodity prices may hamper the growth of the market.

Regional outlook:

Asia-Pacific dominates the global market owing to the rapid development of the construction industry

Asia-Pacific holds the dominating global architectural window film market share owing to the rapid growth in the construction industry. The regional market share was valued at USD 1.47 billion in 2021. Rising population and rapid urbanization in developing countries are expected to drive the growth of the regional market.

Europe ranks second in the global market due to the increasing expansion of small businesses. Additionally, increasing infrastructure development and renovation of government offices are expected to boost the market.

Competitive Landscape:

Launching new products allows companies to improve their business performance

The major market players are focusing on forming strategic alliances to introduce new products and expand their production lines globally. Major players are adopting latest technologies to launch new products based on consumer demands and requirements of end-use industries.

Industry key development:

  • April 2022: Avery Dennison has launched the all-new Dusted Crystal decorative architectural window films. The film features a unique wet-apply quick-release adhesive on the market that allows it to be adjusted during installation and easily removed after drying, leaving almost no marks on the glass. This launch will help the company serve its products in schools, corporate meeting spaces, reception areas, medical offices and glass partition applications.

Browse Detailed Abstract of Research Report with TOC:

https://www.fortunebusinessinsights.com/architectural-window-films-market-104531

Detailed Table of Contents:

  • Introduction
    • Search scope
    • Market segmentation
    • Research Methodology
    • Definitions and assumptions
  • Summary
  • Market dynamics
    • Market factors
    • Market constraints
    • Market opportunities
  • key ideas
    • Main emerging trends
    • Main developments: mergers, acquisitions, partnerships, etc.
    • Latest technological advancement
    • Overview of the regulatory scenario
    • Analysis of the five forces of carriers
  • Qualitative Insights – Impact of COVID-19 on the Global Architectural Window Films Market
    • Supply chain challenges
    • Measures taken by government/companies to overcome this impact
    • Potential opportunities due to the COVID-19 outbreak
  • Global Architectural Window Films Market Analysis, Outlook and Forecast, 2018 – 2029
    • Main results/summary
    • By product type (volume/value)
      • Sun protection film
      • decorative film
      • Safety and Security Film
      • privacy film
      • Others
    • By application (volume/value)
    • By region (volume/value)
      • North America
      • Europe
      • Asia Pacific
      • Latin America
      • Middle East and Africa

TOC Continued…!

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Read related information:
window film market Size, Share and Impact Analysis of COVID-19, by Type (Solar Control Films, Decorative Film, Safety & Security Film, Privacy Film and Others), by Application (Automotive, Building and construction, (residential and commercial), marine and other), and regional forecast, 2020-2027

solar control window films market Size, Share, and Industry Analysis, by Product Type (Clear, Dyed, and Vacuum Coated), by Application (Construction, Automotive, and Others), and Regional Forecast, 2019-2026

Flexible film market Analysis of the size, share and impact of COVID-19, by raw material (polypropylene {BOPP and CPP}, polyester / BOPET {thin film and thick film}, and others), application (packaging, industrial and others) and regional forecasts, 2020-2027

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