The global U.S. & Canada privacy film market size is expected to reach USD 298.8 million by 2030, registering a CAGR of 6.7% from 2024 to 2030, according to a new report by Grand View Research, Inc. It is anticipated to be driven by rising construction industry in residential and commercial sectors of U.S. and Canada.
Based on application, commercial construction segment is anticipated to witness substantial growth over the forecast period. The segment comprises offices, educational institutes, hotels, shopping malls, amusement centers, and other buildings used for business purposes. The use of privacy films has grown significantly in the past few years due to surging demand from commercial sector. A large number of public and private sector projects are under construction. Some of these projects include urban and suburban shopping malls, offices, and residential complexes.
Based on country, Canada is projected to witness potential growth in the next seven year. Privacy films are increasingly gaining popularity owing to the benefits, such as the ability to act as a barrier to the external microenvironment, thus increasing the privacy and security of housing complexes. The relaxation of Canadian immigration policies has also been one of the major factors driving augmentation of the residential sector. Foreigners hoping to start a new life find Canada as an attractive option. Almost 22% of Canada’s population is of foreign-born or immigrants, majorly from China and India.
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Based on application, the residential construction segment dominated the global industry and accounted for a revenue share of 57.1% in 2023. Increasing urbanization, growing infrastructural projects, the need for effective privacy solutions, and demand for enhanced aesthetic homes are some of the key growth driving factors for this segment.
Commercial construction is expected to experience a significant CAGR over the forecast period.
The U.S. privacy film market accounted for a revenue share of 83.5% in 2023. The rising construction and infrastructural projects primarily influence this market growth and the growing demand for privacy and security solutions across various industries.
Canada privacy film market is expected to experience a noteworthy CAGR from 2024 to 2030.
Grand View Research has segmented the U.S. & Canada privacy film market on the basis of on application and region:
U.S. & Canada Privacy Film Application Outlook (Revenue, USD Million, Volume Thousand Sq. Meters, 2018 - 2030)
Residential Construction
Commercial Construction
U.S. & Canada Privacy Film Regional Outlook (Revenue, USD Million, Volume Thousand Sq. Meters, 2018 - 2030)
North America
U.S.
Canada
List of Key Players in the U.S. & Canada Privacy Film Market
American Standard Window Films
3M
Eastman Chemical Company
Madico
Toray Plastics (America), Inc.
Johnson Window Films, Inc.
Armolan Window Films
LUXMAN AMERICA INC.
Réflectiv
Avery Dennison Corporation
Decorative Films, LLC
Designtex
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