What is the heat transfer film market size and growth rate?
The global heat transfer film market is expected to reach a CAGR of 11.8% from 2023 to 2027.
What are the key drivers of the heat transfer film market?
The increasing demand for heat transfer films in various end-user industries, such as textile, construction, and automotive, is a major driver of the market. Additionally, the rising popularity of high-graphic printed t-shirts and the growing awareness of the advantages of heat transfer films are also contributing to market growth.
What are the major challenges facing the heat transfer film market?
The fluctuating cost of raw materials and restrictions on plastic usage in some countries are the key challenges facing the heat transfer film market.
Who are the major players in the heat transfer film market?
The major players in the heat transfer film market include Innovia Films, ARMOR SAS, V-Reflex Reflective Material Co. Ltd., DAE HA Co. LTD., Avery Dennison NTP AS, HEXIS S.A., POLI-TAPE Klebefolien GmbH, Hanrunpaper, Pro World Inc., and MINSEO Coating Flex Co. Ltd.