Hot Foil Stamp Printing Machine Market – Global Industry Analysis, Growth, Trends, Forecast 2024
Hot foil stamp printing is a process of printing a hologram or metallic or pigmented foil on solid surfaces, such as light papers, carton board, laminated board, plastics and corrugated boards by applying pressure and heat. The equipment used in this type of printing is known as hot foil stamp printing machines. The machines consist of metal printing die in the form of loose letters, which is hot stamped onto the solid surface. The global market for hot foil stamp printing machine is anticipated to register considerable growth rate over the forecast period.
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Global Hot Foil Stamp Printing Machine Market: Drivers & Restraints
The growth of global hot foil stamp printing machine market is dependent on various industries where the hot foil stamp printing is applied, such as:
Decorative products manufacturing
Printing holograms as anti-counterfeiting measures in the packaging industry,
Packing of food products, pharmaceutical products luxury good packaging.
Hence, the hot foil printing machine market growth is directly attributed to the growth of the packaging industry and its significant applications in the industries such as food & beverages, tobacco, and pharmaceutical industry. In addition to the packaging industry, hot foil printing is expansively used in currency printing, which can be considered as one of the key factors for the overall growth of the market. Launch of innovative machineries with enhanced features to increase the output and reduce the job setup time is a key trend in the global hot foil stamp printing market. Moreover, end-users affinity towards using hot foil stamp printing in their products packaging in order to seek attention of consumers towards their product. However, the popularity of cold foil stamp printing machine, which has more advantages over hot foil stamp printing machine might hinder the market for hot foil stamp printing machine market globally.
Global Hot Foil Stamp Printing Machine Market: Segmentation
The global hot foil stamp printing machine market is segmented on the basis of machine types, operational method and applications, and region.
On the basis of machine types, the global hot foil stamp printing machine market is segmented into:
Vertical Hot Foil Printing Machines
Air Toggle Presses
On the basis of operational method, the hot foil stamp printing machine market is segmented into:
On the basis of applications, the global hot foil stamp printing machine market is segmented into:
Food & Beverages
Others (textile, extrusions)
Hot Foil Stamp Printing Machine Market: Regional Outlook
Based on the geographies, global hot foil stamp printing market is segmented into five key regions — North America, Latin America, Europe, APAC, and Middle East & Africa. Among the aforementioned regions, APAC market is expected to be the dominant region for hot foil stamp printing machine market in terms value share, which can be attributed to the rapid industrialization in the region, and the significant growth in use of printing machineries in the packaging division of the various industries such as food & beverages, pharmaceuticals among others. The North America and Europe market for hot foil stamp printing market is followed by the APAC market in terms of value share, owing to the prominence of packaging sector in these regions. The Latin America and Middle East Africa market for hot foil stamp printing machines is expected to witness sluggish growth over the forecast period. Overall, the hot foil stamp printing machines market is anticipated to register considerable CAGR over the forecast period.
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Global Hot Foil Stamp Printing Machine Market: Key Players
Some of the major players identified in the global hot foil stamp printing machines market include, BOBST, PDS International Limited, LEONHARD KURZ Stiftung & Co. KG, SPM Steuer, Nikko, AAmstamp, IIJIMA MFG, Masterwork, Shanghai Yawa Printing Machinery, Zhejiang Guangya Machinery, Shanghai YOCO Machinery, Bajaj Printpack Machineries Ltd. and Tangshan Yuyin Printing Machinery among others.
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