Paper-Thin Display Market is growing at a considerable CAGR of around 21.3% during the forecast period. The paper-thin display is used in smartphones, tablets, notebooks to sustenance color filters for organic LCD and LED. Digital advertising turns out to be more eye-catching and impressive with the use of the paper-thin display. Additionally, the paper-thin display is used as a protective shield for the OLED display to save it from dust and moisture. These factors drive the growth of the market. The availability and increasing demand for paper-thin displays in smartphones and tablets, notebooks across the globe due to the paper-thin display consume less energy as compared to other displays, further drive the growth of the market, also rising demand for OLED-based devices, and flexible display in various sectors.
The Innovation in technology that offers high resolution, and flexible display are the major factors that drive the growth of the market. For instance, In January 2020nSamsung Electronics revealed its latest lineup of MicroLED, QLED 8K, and Lifestyle TVs ahead of the CES 2020. With the overview of new display sizes, 8K AI upscaling proficiencies, advanced display orientation technology, also, Samsung showcased its 2020 contributions that can redefine involvement and transform home integration. Moreover, the high cost of manufacturing and high level of manufacturing technical hitches limits the growth of the market. Additionally, OLED flexible display, due to its material display is complex to moisture and air hampering the growth of the market.
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Market Coverage
- Market number available for – 2022-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Paper-Thin Display Market Segmentation
By Technology
- Liquid Crystal Display (LCD)
- Electronic Paper Display
- Thin Film Transistor- Liquid Crystal Display (TFT-LCD)
- Polymer Dispersed Liquid Crystal Display
- Organic Light Emitting Diode
- Micro-Electro-Mechanical System
By Application
- Smart Wearable Devices
- Home Appliances
- Smartphones and Tablets
- Television
- Others
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Paper-Thin Display Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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