Stamping Foil Market

The article discusses the increasing demand for stamping foils worldwide, projecting a market volume of 91K tons and a value of $1.6B by 2030. It delves into consumption trends, market performance, and growth rates from 2012 to 2022, highlighting fluctuations and peak years. Key findings include India leading in consumption volume, Italy leading in market size growth, and Germany, Malaysia, and Taiwan being top exporters. Import and export prices, trends, and top countries are also detailed, with notable growth rates and fluctuations over the years.

Market Forecast

Driven by increasing demand for stamping foils worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.6% for the period from 2022 to 2030, which is projected to bring the market volume to 91K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.8% for the period from 2022 to 2030, which is projected to bring the market value to $1.6B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Stamping Foils

Global stamping foil consumption stood at 87K tons in 2022, standing approx. at the year before. In general, the total consumption indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.0% against 2012 indices. Over the period under review, global consumption hit record highs in 2022 and is expected to retain growth in the near future.

The global stamping foil market size amounted to $1.2B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. Over the period under review, the global market attained the maximum level in 2022 and is likely to continue growth in the near future.

Consumption By Country

The country with the largest volume of stamping foil consumption was India (18K tons), accounting for 21% of total volume. Moreover, stamping foil consumption in India exceeded the figures recorded by the second-largest consumer, the United States (9K tons), twofold. The third position in this ranking was taken by Italy (6.9K tons), with an 8% share.

From 2012 to 2022, the average annual growth rate of volume in India amounted to +3.3%. In the other countries, the average annual rates were as follows: the United States (+20.2% per year) and Italy (+20.1% per year).

In value terms, India ($189M), Japan ($151M) and the United States ($108M) appeared to be the countries with the highest levels of market value in 2022, together comprising 38% of the global market. China, Italy, the UK, France, South Korea, Brazil, Turkey, Spain, Poland and Indonesia lagged somewhat behind, together comprising a further 35%.

In terms of the main consuming countries, Italy, with a CAGR of +17.7%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of stamping foil per capita consumption in 2022 were Italy (116 kg per 1000 persons), the UK (64 kg per 1000 persons) and Poland (57 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Italy (with a CAGR of +19.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Stamping Foils

In 2022, global production of stamping foils fell to 65K tons, stabilizing at the year before. The total output volume increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 7.9% against the previous year. Over the period under review, global production reached the maximum volume at 66K tons in 2021, and then declined in the following year.

In value terms, stamping foil production dropped to $895M in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by 30% against the previous year. Global production peaked at $959M in 2021, and then shrank in the following year.

Production By Country

The countries with the highest volumes of production in 2022 were India (13K tons), Taiwan (Chinese) (8.5K tons) and Malaysia (7.7K tons), with a combined 44% share of global production. South Korea, Germany, Japan, China, Italy and the UK lagged somewhat behind, together accounting for a further 51%.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Italy (with a CAGR of +799.4%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Stamping Foils

In 2022, the amount of stamping foils imported worldwide fell to 73K tons, approximately equating 2021. The total import volume increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports attained the peak of 73K tons, leveling off in the following year.

In value terms, stamping foil imports fell slightly to $879M in 2022. The total import value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $895M, and then shrank modestly in the following year.

Imports By Country

The United States (8K tons), India (5.7K tons), Italy (5.3K tons), France (4.2K tons), Poland (4K tons), Germany (3K tons), Belgium (2.9K tons), the UK (2.8K tons), Turkey (2.6K tons), the Netherlands (2.5K tons), Spain (2.4K tons) and Brazil (2.3K tons) represented roughly 62% of total imports in 2022. Indonesia (2K tons) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +15.4%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($92M), Italy ($61M) and France ($51M) appeared to be the countries with the highest levels of imports in 2022, with a combined 23% share of global imports. Poland, India, Germany, the UK, Spain, Brazil, the Netherlands, Turkey, Belgium and Indonesia lagged somewhat behind, together accounting for a further 32%.

In terms of the main importing countries, Poland, with a CAGR of +11.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average stamping foil import price amounted to $12,032 per ton, dropping by -1.6% against the previous year. In general, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 2.3%. Over the period under review, average import prices reached the maximum at $16,497 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($12,086 per ton), while India ($6,897 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Stamping Foils

In 2022, the amount of stamping foils exported worldwide contracted slightly to 51K tons, waning by -2.4% on the previous year's figure. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The global exports peaked at 58K tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, stamping foil exports reduced to $778M in 2022. Overall, exports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. Over the period under review, the global exports reached the peak figure at $865M in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports By Country

In 2022, Taiwan (Chinese) (9.2K tons), Malaysia (9K tons) and Germany (8K tons) was the largest exporter of stamping foils in the world, achieving 51% of total export. South Korea (4.7K tons) held a 9.1% share (based on physical terms) of total exports, which put it in second place, followed by China (7.8%) and Italy (6.2%). The following exporters - the UK (2.1K tons), Poland (1.8K tons), Belgium (1.7K tons), the United States (1.5K tons) and Japan (1.3K tons) - together made up 16% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +29.7%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($151M), Taiwan (Chinese) ($112M) and Malaysia ($73M) were the countries with the highest levels of exports in 2022, together accounting for 43% of global exports. Italy, South Korea, the United States, Japan, China, the UK, Poland and Belgium lagged somewhat behind, together accounting for a further 40%.

In terms of the main exporting countries, Poland, with a CAGR of +28.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average stamping foil export price amounted to $15,111 per ton, dropping by -3.7% against the previous year. In general, the export price saw a slight reduction. The growth pace was the most rapid in 2021 an increase of 3.5% against the previous year. Over the period under review, the average export prices hit record highs at $17,773 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($38,125 per ton), while China ($7,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform