| Product Code: ETC091486 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The decal paper market in Singapore is part of the broader art and crafting industry, catering to hobbyists, artists, and small businesses. The market outlook is optimistic, given the enduring popularity of decal paper for various creative projects, including customizing ceramics, glassware, and textiles. As crafting and DIY culture continue to thrive, the demand for high-quality decal paper is expected to grow. Market players can focus on product diversification, user-friendly packaging, and online marketing to tap into the expanding customer base of creative enthusiasts.
The decal paper market in Singapore is witnessing growth due to its applications in various sectors. Decal paper is used for creating custom graphics and designs on ceramics, glass, and other surfaces, making it popular in the arts and crafts industry. Additionally, the automotive industry uses decal paper for vehicle branding and decoration. As Singapore automotive sector continues to flourish, the demand for decal paper for customizations is expected to increase. Furthermore, the decal paper finds applications in the electronics and consumer goods sectors for labeling and branding purposes. As these industries expand in Singapore, the decal paper market is set to benefit from increased demand.
The decal paper market in Singapore grapples with competition from digital alternatives. The shift towards digital printing technology poses a challenge to traditional decal paper products. Manufacturers need to innovate and adapt to changing consumer preferences and technological advancements.
The Singapore decal paper market experienced disruptions during the COVID-19 pandemic due to a decrease in demand from industries like automotive, consumer electronics, and promotional products. With reduced manufacturing activities and a slowdown in advertising campaigns, the market faced challenges. However, as industries recover and businesses resume their promotional efforts, the demand for decal paper is expected to rebound. Furthermore, the growing interest in DIY crafts and personalized products could create new opportunities for the decal paper market in Singapore.
The decal paper market in Singapore is driven by the demand for custom printing on various surfaces. Major players in this market include PAPYRUS, Avery Dennison, and Xerox.