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Hot stamping is a dry printing strategy used for lithography, which involves moving pre-dried ink or foil to the surface by applying high temperature and weight. A report by Transparency Market Research (TMR) shows that the global hot stamping foil market was valued at approximately US$6.51405 billion in 2017 and is expected to grow steadily at a compound annual growth rate of 3.5% during the forecast period from 2018 to 2026. Hot-printed multi-dimensional images can be found on the packaging of candy shops, beauty care products, auto parts, textiles and other sales items. They are also used to make multi-dimensional images using credit and debit cards, as well as important government reports with the ultimate goal of security and avoiding duplication.
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New progress has been made in the integration of QR codes and scanner labels in visualization. The QR code and the scanner label contain the security data needed to distinguish the proof of the item. Rely on using them with 3D images to advance increasingly secure data typicalization strategies. Thermal stepping holographic film has a huge application range in this field. The increasing demand for cash receipts and other budgeting and legal transactions to become more secure and reliable has prompted the presentation of 3D images that are difficult to imitate. High-security foils are attached to the banknotes. As the global population increases, access to visas and charge cards depends on the increase. This is expected to drive interest in multi-dimensional images within the specification time frame, which may show development opportunities to the global hot stamping foil market.
Reduce the currency printing and publishing sector to hinder the growth of the global market
The bronzing foil is used to check the security of the banknotes to separate counterfeit banknotes from verified banknotes and to avoid counterfeiting cash. In the next few years, the market share of the commercial and print publishing sectors will decline due to the demonetization of stamps (such as India) and the shift to a cashless and digital economy.
By region, the global bronzing foil market is divided into Europe, North America, Asia Pacific, Latin America, the Middle East and Africa. During the forecast period from 2018 to 2026, Europe is assessed as the world's largest hot stamping foil market. The hot stamping foil market in Latin America and the Asia-Pacific region is likely to grow rapidly in the next few years. The development of the market in Latin America and the Asia-Pacific region can be attributed to the development of packaging business in these regions. The bronzing foil market in North America and Europe may observe slow development, as these are now mature regions. Makers in developed regions limit the emergence of Latin America, the Middle East, and Africa. These two regions are expected to provide manufacturers with critical development space in the next few years. It is expected that strengthening distribution channels in these regions will enable these organizations to improve their impressions in the coming years.
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Due to the presence of regional players, the market may be fragmented
As more and more local companies enter the regional market, the global bronzing foil market is expected to be highly fragmented. The main players introduced in the report include Kurz, API Group, UNIVACCO Foils Corporation, Foilco Limited, Crown Roll Leaf Inc., Nakai Industrial Group, Washin Chemical Industry Co., Ltd, CFC International and K Laser.
This analysis is based on a recent market research report by Transparency Market Research, titled "The Bronzing Foil Market (Products-Metallic Foil, Pigment Foil, Holographic Foil, Specialty Foil; Carrier Film-Paper, Cellulose Acetate, Polyester, Polypropylene, PET, polyethylene; labels and packaging-narrow web labels, wet glue labels, folding cartons, flexible packaging, corrugated packaging; end-use industries-cigarettes and beverages, cosmetics, consumer electronics, pharmaceuticals, automobiles, currency printing, textiles And clothing, publishing and commercial advertising)-global industry analysis, scale, share, growth, trends and forecasts from 2018 to 2026."
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Media Contact Company Name: Transparent Market Research Contact: Mr. Rohit Bhisey Email: Send Email Phone: 518181030 Address: 90 State Street, Suite 700, City: Albany: New York State: United States Website: https://www. Transparent Market Research.com/
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