Global Haptic Lacquer Market Research Report 2024
Published on: 2024-01-04 | No of Pages : 400 | Industry : Packaging
Publisher : MRA | Format : PDF
Global Haptic Lacquer Market Research Report 2024
Haptic lacquer refers to a type of coating material that can give objects certain tactile qualities or feedback when touched. It allows designers to alter surface textures and add interactive elements without compromising product functionality or durability. In essence, it creates an additional sense modality layer onto ordinary surfaces.
According to MRAResearch’s new survey, global Haptic Lacquer market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Haptic Lacquer market research.
The global haptic lacquer market is expected to grow at a steady pace driven by increasing demand from diverse end-use industries such as consumer electronics, automotive, packaging, medical devices, industrial machinery, and personal care products. Key drivers include rising customer preference for tactile experiences and better product differentiation through advanced surface features. However, the need for expensive equipment, longer drying times, limited color choices, potential VOC emissions, and slower production speeds may restrain market expansion. Nevertheless, significant opportunities lie in developing new application methods tailored specifically for individual industry needs.
The Asia-Pacific region represents the largest market share due to strong economic growth across China, India, Southeast Asia. Europe ranks second followed by North America owing to higher R&D spending focused on innovating sustainable formulations meeting regulatory compliance mandated by organizations like REACh (Registration, Evaluation, Authorisation and Restriction of Chemicals) and OSHA (Occupational Safety and Health Administration). Latin America and Middle East & Africa regions will witness moderate growth due to infrastructural development projects stimulating industrial activity along with government support promoting foreign direct investment initiatives fostering regional integration.
Market players focus on mergers & acquisitions, partnerships, joint ventures, distribution agreements, supply chain optimization, capacity expansions, and R&D initiatives aimed at developing novel products fulfilling specific market demands. The fragmented nature of the industry allows smaller companies to capture niche segments serving dedicated clientele bases via customized services.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Haptic Lacquer market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
Amcor
Wipak
Siegwerk
Inktech Innovation
Janoschka
Actega
Sudpack
Uniflex Packaging
Intermat Flexible Packaging
HTP High Tech Plastics
Oli Lacke
Kneho
ACTEGA Schmid Rhyner
Segment by Type
Water-based Haptic Lacquer
Solvent-based Haptic Lacquer
Food Packaging
Tobacco Packaging
Cosmetic Packaging
Others
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Haptic Lacquer report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source
According to MRAResearch’s new survey, global Haptic Lacquer market is projected to reach US$ million in 2029, increasing from US$ million in 2022, with the CAGR of % during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Haptic Lacquer market research.
The global haptic lacquer market is expected to grow at a steady pace driven by increasing demand from diverse end-use industries such as consumer electronics, automotive, packaging, medical devices, industrial machinery, and personal care products. Key drivers include rising customer preference for tactile experiences and better product differentiation through advanced surface features. However, the need for expensive equipment, longer drying times, limited color choices, potential VOC emissions, and slower production speeds may restrain market expansion. Nevertheless, significant opportunities lie in developing new application methods tailored specifically for individual industry needs.
The Asia-Pacific region represents the largest market share due to strong economic growth across China, India, Southeast Asia. Europe ranks second followed by North America owing to higher R&D spending focused on innovating sustainable formulations meeting regulatory compliance mandated by organizations like REACh (Registration, Evaluation, Authorisation and Restriction of Chemicals) and OSHA (Occupational Safety and Health Administration). Latin America and Middle East & Africa regions will witness moderate growth due to infrastructural development projects stimulating industrial activity along with government support promoting foreign direct investment initiatives fostering regional integration.
Market players focus on mergers & acquisitions, partnerships, joint ventures, distribution agreements, supply chain optimization, capacity expansions, and R&D initiatives aimed at developing novel products fulfilling specific market demands. The fragmented nature of the industry allows smaller companies to capture niche segments serving dedicated clientele bases via customized services.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Haptic Lacquer market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Amcor
Wipak
Siegwerk
Inktech Innovation
Janoschka
Actega
Sudpack
Uniflex Packaging
Intermat Flexible Packaging
HTP High Tech Plastics
Oli Lacke
Kneho
ACTEGA Schmid Rhyner
Segment by Type
Water-based Haptic Lacquer
Solvent-based Haptic Lacquer
Segment by Application
Food Packaging
Tobacco Packaging
Cosmetic Packaging
Others
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
The Haptic Lacquer report covers below items
Chapter 1Product Basic Information (Definition, Type and Application)
Chapter 2Manufacturers’ Competition Patterns
Chapter 3Country Level Sales Analysis
Chapter 4Product Type Analysis
Chapter 5Product Application Analysis
Chapter 6Manufacturers’ Outline
Chapter 7Industry Chain, Market Channel and Customer Analysis
Chapter 8Market Opportunities and Challenges
Chapter 9Market Conclusions
Chapter 10Research Methodology and Data Source