Window Films Market

Window Films Market Outlook - 2021–2030

The global window films market size was valued at $10.3 billion in 2020, and is projected to reach $17.5 billion by 2030, growing at a CAGR of 5.7% from 2021 to 2030.

Disruptions in supply chain caused due to the lockdown measures, has severely affected the automotive and construction industry thereby momentarily decreasing the demand for window films in 2020.

Window film is a modern, functional, and fashionable material that may be used for a variety of functions in one’s home or workplace. It is made of Polyethylene Teraphthalate (PET) or thin vinyl and can be put on smooth, non-textured glass directly. Window film is a self-adhesive or static cling and can be used for a variety of permanent or temporary applications. Glass film is extremely adaptable, as it can be cut into precise designs, such as letters and numbers, or printed to create eye-catching visuals such as pictures or company branding. Windows films exhibit characteristics such as scratch resistant, UV resistant, and can control the solar radiation. The effective life of window film is determined by the type of film used, the type of glass used, the window construction, the compass orientation of the glass, and the location of the building.

There are many types of windows films. Some are clear with numerous layers of PET for shatter resistance; others are colored with metals, dyes, or pigments to diminish visible light transmission and prevent heat from the sun. 

The windows films market is being driven by increasing demand for energy-efficient window films, which is expected to propel the market growth during the forecast period. Window films are widely utilized for better energy efficiency in heating and cooling purpose in residential and commercial applications. The growing industrialization and urbanization in developing countries, such as China and India, is boosting the demand for windows film. 

The global window films market is segmented into material, product use, application, and region. By material, the market is divided into vinyl, polyester, plastic, ceramic, and others. By product use, the market is fragmented into sun control, decorative, security and safety, and privacy. By application, it is classified into commercial, automotive, marine, others and residential. Region-wise, the market is analyzed across North America, Latin America, EMEA, Asia, and GCA.

EMEA holds the largest market share, owing to increase in commercial and residential construction industries in China. Comprehensive competitive analysis and profiles of major market players, such as 3M, Armolan Windows Films, Avery Dennison Corporation, Eastman Chemical Company, Garware Suncontrol, Lintec Corporation, Polytronix Inc, Purlfrost Ltd, Saint-Gobain, American Standard Window Film, Solar Control Films, The Window Film Company, and Toray Plastic, are considered in the report.

Window Films Market, by Material

The polyester segment accounted for the largest market share in 2020 while the plastic segment is projected to grow at the highest CAGR of 5.5%.

Window Films Market, by Product Use

The sun control segment accounted for the largest share in 2020 while the privacy segment is projected to grow at the highest CAGR of 5.4%.

Window Films Market, by Application

The commercial segment accounted for the largest market share of the window films market in 2020 while the residential segment is projected to grow at the highest CAGR of 5.03%.

Window Films Market, by Region

The EMEA region, owing to increasing commercial and residential construction will boost the window films market growth during the forecast period. 

Key Benefits For Stakeholders

• The report provides in-depth analysis of the global window films market along with the current trends and future estimations. 
• This report highlights the key drivers, opportunities, and restraints of the market along with the impact analysis during the forecast period.
• Porter’s five forces analysis helps to analyze the potential of the buyers & suppliers and the competitive scenario of the global window films market for strategy building.
• A comprehensive market analysis covers the factors that drive and restrain the global window films market growth.
• The qualitative data about market dynamics, trends, and developments is provided in the report.

Impact Of Covid-19 On The Global Window Films Market

The construction industry has faced difficulties as a result of the COVID-19 epidemic, including logistics and raw material shortages. Attributed to the massive drop in financial markets around the world, it is projected that construction investments have been withdrawn globally. As a result, the demand for window films has decreased. The restrictions imposed by governments to combat the virus's impacts may result in lack of raw materials and people as well as a disrupted supply chain, making it more difficult to meet contractual responsibilities. Furthermore, the COVID-19 pandemic has forced builders to postpone the projects. These factors will hinder the window films market growth.

 Window Films Market Report Highlights