Indian Flex Banner Market is anticipated to grow at a considerable CAGR during the forecast period (2022-2028). The new designs strengthen the popularity of flex banners. For instance, die-cut flip-flop designs help capture customer attention quickly and convey a message effectively to a targeted audience. The die-cut layout of the flex banner helps brands achieve higher product memory, leading to increased flexibility and the growing awareness about banner design tips and tricks presents growing opportunities for companies in the flex banner market.
Increased plastic contamination is another challenge to the flexibility of the flex banner. Therefore, companies now prefer fabric over flex and vinyl to reduce carbon footprint in the area. The benefits of textiles are recognized by flexible advertising companies, as textile materials are lightweight, durable, and most importantly environmentally friendly. This trend also supports the new business model of digital printing online, which is a win-win situation for all parties involved in the value chain. The design of the fabric banners features very sophisticated graphics with high-quality prints and fabric advertisements also help companies achieve a roundabout economy, as the fabric can be easily updated.
In December 2018, Pioneer Polyether’s Ltd. India’s integrated manufacturer of flex banners, PVC foam sheets, and self-adhesive vinyl. The company, which has been engaged in manufacturing these products since 2008, doubled its capacity. Its state-of-the-art facility is spread across 15 acres of land and houses multiple production lines with the monthly capacity to produce 600 containers of flex banner and 50 containers of vinyl. which increased the demand for this product in the children’s chair industry during the forecast period.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By End-Users
- Competitive Landscape-Cleena Industries Pvt. Ltd., Cooley Brand, SHANGHAI HANKER INDUSTRIAL CO., LTD, and Ultraflex Systems Inc., among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Indian Flex Banner Market Report by Segment
By Type
- Backlit
- Frontlit
By End-Users
- BFSI
- Retail
- Entertainment
- Sports
- Leisure
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