Backlit Banners Endows Huge Scope for Customization to Stakeholders in Flex Banner Market, Valuation to Expand at CAGR of ~5% from 2020 to 2030: TMR

Backlit Banners Endows Huge Scope for Customization to Stakeholders in Flex Banner Market, Valuation to Expand at CAGR of ~5% from 2020 to 2030: TMR

PR Newswire

ALBANY, N.Y., Sept. 15, 2020

ALBANY, N.Y., Sept. 15, 2020 /PRNewswire/ -- Strides being made by static out of home advertisements are the key pivot for the evolution of the flex banner market. High penetration of out-of-home (OOH) media advertisements for branding and general information purposes in various sectors has spurred the introduction of better materials. These can operate even in harsh climatic condition.

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The use of fabrics has enabled stakeholders in the flex banner market value chain to promote circular economy, especially while offering online banner ads.

TMR analysts opine that flex banners offer end users a vast scope for eye-grabbing business messages. Recently they have been extensively utilized by governments in displaying precautionary measures related to coronavirus pandemic. Clocking a CAGR of ~5% during 2020 to 2030, the market is projected to reach worth of ~US$4 bn by 2030-end.

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Key Findings of Flex Banner Market Report

Explore 176 pages of top-notch research, incisive insights, and detailed country-level projections on Flex Banner Market (Product: Flex Banner [Back Lit, Front Lit, and Non Lit] and Vinyl Sticker [Back Lit, Front Lit, and Non Lit]; Raw Material: PVC, Fabric, and Others; End Use: BFSI, Retail, Entertainment, Sports & Leisure, and Others; and Distribution Channel: Online and Offline) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030 at https://www.transparencymarketresearch.com/flex-banner-market.html

Flex Banner Market: Key Driving Factors and Promising Avenues

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Flex Banner Market: Regional Landscape

Asia Pacific has been the leading regional market. The region is replete with opportunities, spurred in part by emerging government guidelines. An example is in India where the Government is committed to promote the use of flex banners for spreading public information.

Growing promotion of OOH media in the BFSI and retail sectors has generated sizable revenues to North America flex banner market. The regional market is seeing vast avenues in the U.S.

Analyze global flex banner market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Flex Banner Market: Competitive Assessment

Top players in flex banner market are keen on consolidating their supply chains. Some of the aspiring players are leaning on offering doorstep flex delivery. Few companies have been spending on acquisitions, especially global players acquiring small, local players. This enables them to offer innovative flex banners for out-of-home (OOH) media.

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The Flex Banner Market can be segmented as follows:

Global Flex Banner Market: Segmentation

Flex Banner Market, by Product 

Flex Banner Market, by Raw Material

Flex Banner Market, by End Use

Flex Banner Market, by Distribution Channel

Flex Banner Market, by Region

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