Hot Foil Stamp Printing Machine Market - Market Growth with Worldwide Industry Analysis to 2024
Hot foil stamp printing is a process of printing a hologram, metallic or pigmented foil on the solid surfaces such as light papers, carton board, laminated board, plastics, and corrugated boards by applying pressure and heat. The equipment used in this type of printings are known as hot foil stamp printing machines. The machines consist of the metal printing die in the form of loose letters, which is hot stamped onto the solid surface. The hot foil stamp printing machine market is anticipated to register significant growth rate over the forecast period.
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The growth of global hot foil stamp printing machine market is dependent upon various industries. Hot foil stamp printing is widely used in the decorative products manufacturing and also used in printing holograms as anti-counterfeiting measures in the packaging industry, for packing of foodstuffs, drugs luxury good packaging. Hence, the hot foil printing machine market growth is directly attributed to the growth of packaging industry and its significant applications in the industries such as food & beverages, tobacco, and pharmaceutical industry.
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Apart from the packaging industry, hot foil printing is expansively used in currency printing, which can be considered as one of the factors for hot foil stamp printing machine markets growth. On the plus side, use of hot foil stamp printing in the commercial printing industry can be attributed to the growth of hot foil stamp printing machine market globally.
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Trends identified in the global hot foil stamp printing machines market include launch of innovative machinery with enhanced features to increase the output and reduce the job setup time. Moreover, the most prevailing trend identified is the end-users affinity towards using hot foil stamp printing in their products packaging to seek the attention of consumers towards their product.