The Global 3D Fridge Magnets Market size is projected to grow at a CAGR of 6.6% during the forecast period, owing to increasing demand for personalized home décor items. The increasing demand for personalized gifts and souvenirs, coupled with the high affordability rates are expected to drive this market over the coming years.
3D Fridge Magnets can be defined as a small magnet or metal piece that is shaped in such a way as to add to the aesthetic aspect of the refrigerator. The size of these magnets varies from large ones which can be customized with photos and logos, down to smaller versions that are not more than 20mm in diameter.
On the basis of Types, the market is segmented into PVC, Wood, Aluminium Foil, and Resin. The PVC segment is expected to dominate the market throughout 2028.
PVC 3D Fridge Magnets are a type of magnet that is made from strong plastic. These magnets are the most inexpensive and versatile types on the market, as they can be formed into any shape or size desired by their manufacturer. Because PVC fridge magnets are cheaply manufactured in bulk using injection molding technology, these products tend to cost much less than other board-magnet options such as wood and aluminum foil models.
Wood is a natural material that requires little processing. This makes it an ideal medium for manufacturing fridge magnets, which are small in size and have to be made inexpensively to keep prices low. Wood also has the advantage of being very sturdy when treated properly during woodworking processes.
Aluminum Foil is strong, flexible, and lightweight. Aluminum foil magnets are made of aluminum alloy material with an adhesive back to attach them to the surface they're applied to. The finished product comes in various shapes that can be cut into any size or shape desired. They also come in different colors including metallic silver, gold, and copper tones as well as multicolor options like pink along with black for more vibrant products.
Resin is a rigid or semi-rigid thermoplastic material that can be molded when heated. It has the ability to form complicated shapes with great accuracy and beauty, making it suitable for creating fridge magnets. Resin Foil Magnets are made from an aluminum substrate which is covered by a resin layer on both sides of the magnet.
Fridge Magnet suppliers use different methods such as the lamination process and vacuum thermoforming technique to make them sturdy enough to withstand wear and tear during transportation. The advantage offered by this type of magnet includes its affordable price point, high-pressure resistance, good surface glossiness and excellent magnetic properties (stronger than other types).
On the basis of Application, the market is segmented into Souvenirs and Decoration. The market for Souvenirs is expected to grow at a faster rate during the forecast period owing to increasing demand from end-use industries such as food & beverages, pharmaceuticals, personal care products, and others like toys, etc., which require these magnets for promotional campaigns of their brands.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market holds the largest market share in 2018. The growth of this regional industry is mainly driven by high demand from North American countries such as the US, Canada, and Mexico. Moreover, increasing disposable incomes of consumers have led to rising in luxury products consumption which directly benefits the global market for fridge magnets.
The Asia Pacific region offers great opportunities for players operating in Global Fridge Magnets Market. The existence of a large number of potential customers creates an attractive proposition for all established as well as new entrants looking forward to expanding their geographical footprints across the globe through product differentiation strategies like mergers & acquisitions and partnerships etc.
The global market for Fridge Magnets is driven by several factors. The key factor propelling the growth of this market globally includes increasing demand across various end-use industries, especially in the Asia Pacific region. The increasing number of single-person households all over the world also contributes to majorly driving the global fridge magnets industry. Furthermore, growing popularity among children and adults towards trendy shapes makes them buy different types of fridge magnets sets which further boosts up the sales significantly during festive seasons such as Christmas & New Year's Day celebrations, etc.
Up Market Research published a new report titled “3D Fridge Magnets Market research report which is segmented by Types (PVC, Wood, Aluminium Foil, Resin), By Applications (Souvenir, Decoration), By Players/Companies Zhongshan Wanjun Crafts Manufacturer Co., Ltd., Winwin Industrial Co., Ltd., Zhuhai Xinshi Housewares Co., Ltd., ADSUP Marketing Solutions LLP, RD Loyalty Logistics Private Limited, M & Z Imports”.
Report Attributes | Report Details |
Report Title | 3D Fridge Magnets Market Research Report |
By Type | PVC, Wood, Aluminium Foil, Resin |
By Application | Souvenir, Decoration |
By Companies | Zhongshan Wanjun Crafts Manufacturer Co., Ltd., Winwin Industrial Co., Ltd., Zhuhai Xinshi Housewares Co., Ltd., ADSUP Marketing Solutions LLP, RD Loyalty Logistics Private Limited, M & Z Imports |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 234 |
Number of Tables & Figures | 164 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type PVC, Wood, Aluminium Foil, Resin and By Application Souvenir, Decoration.
Some of the companies that are profiled in this report are:
3D Fridge Magnets Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the 3D Fridge Magnets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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