A decal paper is substrate that has printed on it a pattern or image that can be moved to another surface upon contact, usually with the aid of heat or water. There are various types of decal papers available in the market, such as laser decal paper, inkjet decal paper, tattoo decal paper, candle decal paper, wood decal paper, soap decal paper, etc. Decal paper has very long history and it is used in various applications such as ceramics, glass, woodenwares, metals, crafts, toys, fishing rods & tackles, bicycles, and motorbikes etc.

In past few years, decal paper industry has been continuously expanded owing to development in various downstream application field. In terms of application, ceramic and glass products contributed for largest market share in 2020 and other applications is mainly concentrated in the clothes, textile, household items, daily necessities, building materials and other fields.

Considering the economic overview of the market, Asia Pacific is expected to account for a major revenue share of the global decal paper market. In 2020, Asia Pacific accounted for more than 45% market revenue share in global decal paper market. This is attributed to strong growth for decal paper in India and China. Market size and forecast of each application is presented for the period 2020 to 2030 along with respective CAGR % for the forecast period 2023-2030.

Qualitative information sets such as market dynamics (drivers, challenges, and opportunities) and market inclination insights are provided in this market assessment report. Tools such as competition assessment and attractive investment proposition are also included in this study for assessment of the market competition. The report concludes with company profiles section that highlights key information about the major market players operating in the global decal paper market.

Tullis Russell Coaters Ltd., Bel Inc., Image Transfers Inc., Hemmi Papilio Supplies LLC., Stechcol Ceramic Crafts Development (Shenzhen) Co., Ltd., Chengdu Jitian Decal Print Co., Ltd., Lazertran Ltd., Glitters (India) Ltd., One Step Papers, LLC. etc. are few key manufacturers in global decal paper market.

Purpose of the Report

The purpose of this strategic research study titled “Decal Paper Market – Growth, Opportunities, Share & Competitive Analysis, 2023 – 2030” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global decal paper market.

1.1.2   Target Audience

• Industry Investors
• Decal Paper Manufacturers
• End User Industries
• Traders, Distributors, and Suppliers
• Government and Research Organizations
• Associations and Industry Bodies

1.1.3   USP and Key Offerings

In order to help strategic decision makers, the report also includes competitive profiling of the leading players in decal paper market. Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the decal paper market
• Market drivers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Historical market size data (2020 & 2021)

Furthermore these decal papers are basically divided into two types namely, white decal paper and clear decal paper. White decal paper is used to apply decal on a dark surface and clear decal paper to apply decal on a light surface. Among all the products type, the laser decal paper segment dominated the global market in 2020. The laser decal paper segment is followed by inkjet decal paper and other decal papers (soap, wood, etc.) in 2020. Inkjet decal paper contributed to more than 32% of market share in 2020. Other decal papers (soap, wood, etc.) is projected to be the fastest growing product type segment.

Decal paper provides consistent printing, problem free application and outstanding end decoration result. It has widespread application ranges, including glass, ceramics, and clothes & textile, among others. In 2020, Asia Pacific and North America were the largest regional markets for decal paper. The companies present in these regions are focusing extensively on research and development for developing new technology for decal printing for various end use applications. Asia Pacific is a highly attractive region with the largest market share. The region is expected to grow at a highest CAGR for the forecast period of 2023 to 2030. This growth is attributed to increase in demand for decal design from various end use applications in Asia Pacific. Moreover, growing digitalization is fueling the market demand for decal paper. In Asia Pacific, China and India serve potential markets for decal paper for the next five to six years. China has maintained the top spot for both production and demand of total decal paper since 2010, due to its new production technique and high-quality raw materials.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Decal Paper market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Decal Paper market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Decal Paper market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Decal Paper market?
• Which is the largest regional market for Decal Paper market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Decal Paper market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Decal Paper market worldwide?