Global Decal Paper Market By Type, By End-User, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
- Published date: May 2023
- Report ID: 31153
- Number of Pages: 211
- Format:
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Report Overview
The Decal Paper Market is expected to be worth around USD 253.93 Million by 2031 from USD 145.87 Million in 2022, growing at a 5.7% CAGR during the forecast period 2022 to 2032.
The driving factors of the Decal Paper Market are the rise in popularity of designs and crafty prints on fiber, glass, porcelain, etc., and the rising social media industry trends which create the demand for decal paper. Decal paper is a paper that is used to transfer text or an image easily on any surface.
The increasing demand for customized homemade products is also driving market demand. The paper is translucent, and an inkjet printer is best for printing it. Decal papers are waterproof and also can withstand sun rays and moisture. Decal paper is printed with various designs and then layered on another surface like glass or porcelain. The paper has been popularized in the design sector. Thus, the decal paper market will expand in the next few years.
Global Decal Paper Market Analysis
Type Analysis
The Decal Paper market is segmented based on type: inkjet decal paper, laser decal paper, and tattoo decal paper. Based on the analysis, the laser decal paper segment will grow over the forecast period. The inkjet decal paper segment follows the market. It is mainly used in indoor crafts and the modeling of the miniature. Art is elementary to learn and also helps in the customization of designs.
Application Analysis
In terms of end-user, the global decal paper market can be divided into textile, construction, and automotive. Based on application, the textile segment is expected to expand over the forecast period. The ceramics segment follows it. The factors contributing to the segment’s growth are the increasing customized luxury market and the popularity of interior designing to create a unique look in the house and add a personal touch. The construction segment will likely grow at a healthy CAGR during the forecast period.
Key Market Segments
By Type
- Laser
- Inkjet
- Candle
- Tattoo
- Wood
By End-user
- Textile
- Construction
- Automotive
- Others
Market Dynamics
Drivers
- Decal paper can be converted into any form of design, artwork, photos, signs, and text. It can be transferred easily on various surfaces. There is no need for special equipment or knowledge but creativity and a printer.
- Decal paper can share images on coffee mugs and cups, text or designs on dark-colored surfaces, and decorate containers. The increase in awareness of decal paper’s benefits of decal paper is expected to impact market growth positively.
Restraints
- The global decal paper market growth is hampered due to several factors. The color of the paper may fade after many washes. Also, the finished result cannot be guaranteed, and it barely sticks to the painted surface.
- The process is time-consuming and may also be expensive, making it challenging to complete larger orders. In addition, larger images can give a worse result than decal paper market .
COVID-19 Impact
- The limit of operation has affected to decal paper market. The manufacture of consumer goods and various products has halted due to the unavailability of labor, raw materials, etc. This may have hampered the decal paper market.
Advantages
- Decal paper market has very high opacity and flexibility. It is suitable for any thickness of surface. Moreover, this paper can be stuck on any surface without any wrinkles.
- As such, screen printing is possible for both small and large papers. Modern screen printing can last for 20 years if it is stored properly.
Disadvantages
- Inkjet-printed decals are only used on yellow or white surfaces. It is too expensive for longer runs. The production time for decals is prolonged. The more opaque the decal, the longer it requires to dry out.
- To obtain a decent opacity, one needs to underprint the white color. More decal softener is necessary to mount it on a complex surface.
Regional Analysis
North America accounted for the largest Decal Paper market share of 35.8% in 2022. The revenue growth is mainly due to ongoing technological advancements in decal paper, the popularity of custom interior design, and infrastructural developments in the automotive sector. Decal paper is used to make temporary tattoos and is also in demand for nail decorations.
The European market is anticipated to grow over the forecast period due to using decal paper in cutleries and utensils. The utensils are decorated with prints using decal paper. The Asia Pacific’s decal paper market will have the fastest growth rate over the forecast period. Rapid industrialization, urbanization, and government initiatives are the major factors responsible for the APAC market.
Key Regions and Countries Covered in this Report:
- North America
- The US
- Canada
- Mexico
- Europe
- Germany
- The UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Major companies in this industry primarily focus on the expansion of their respective capacities as well as potential mergers & acquisitions. In 2022, major players like Glitters Ltd and Tullis Russell Coaters held the dominant market share.
Market Key Players:
- Tullis Russell Coaters
- Glitters Ltd.
- Hemmi Papilio Supplies LLC.
- Bel Inc.
- Lazertran Ltd.
- Image Transfers Inc.
- Chengdu Jitian Decal Print
- Stechcol Ceramic Crafts Development
- One Step Papers, LLC.
- Other Key Players
Product Launches and Product Expansions
In May 2021, Toyota will provide new decal options by offering shades such as Amber, stealth, grey, and burnt red. They provide a distinctive combination of colors to meet the customer’s requirements
For the Decal Paper Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
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- Tullis Russell Coaters
- Glitters Ltd.
- Hemmi Papilio Supplies LLC.
- Bel Inc.
- Lazertran Ltd.
- Image Transfers Inc.
- Chengdu Jitian Decal Print
- Stechcol Ceramic Crafts Development
- One Step Papers, LLC.
- Other Key Players
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