According to our (Global Info Research) latest study, the global VCM for Home Appliances market size was valued at US$ 655 million in 2024 and is forecast to a readjusted size of USD 898 million by 2031 with a CAGR of 4.7% during review period.
VCM products are film-covered panels, which mainly refer to composite materials for household appliances with various functional films on the surface. VCM series products have good mirror effect, rich patterns, beautiful appearance and excellent processability, surface decoration, corrosion resistance, scratch resistance, etc., can achieve high gloss, matte, pearlescent effect or metallic texture, and Coupled with exquisite patterns and pearly glittering effects, the terminal products are more luxurious and fashionable.
VCM for Home Appliances refers to a new type of composite material with metal sheet as the substrate and polymer film (such as PVC film, PET film, etc.) on the surface. The substrate can be selected: cold-rolled steel sheet, hot-dip galvanized steel sheet, electro-galvanized steel sheet, aluminum sheet, stainless steel sheet and other metal sheets.
Global core VCM for home appliances manufacturers include Qingdao Hegang New Material Technology Co., Ltd, Jiangsu LIBA Enterprise Joint-Stock Co.,Ltd. etc.The top 3 companies hold a share about 50%.China is the largest market, with a share about 60%, followed by North America.In terms of product, aluminum plate is the largest segment, with a share about 90%. And in terms of application, the largest application is refrigerator, followed by washing machine.
Market driving factors
Upgrading of home appliance industry: With the continuous upgrading and transformation of the home appliance industry, consumers have higher and higher requirements for the quality and appearance of home appliances. VCM board has become an important choice for home appliances due to its excellent performance and decorative effect.
Environmental protection policy promotion: The increasing attention paid to environmental protection worldwide has promoted the widespread application of environmentally friendly materials such as VCM boards for home appliances. VCM boards produce less pollution during the production process and meet environmental protection requirements.
Consumption upgrade: With the improvement of consumer income levels and the change of consumption concepts, the market demand for high-end home appliances continues to increase. As one of the important materials for high-end home appliances, the market demand for VCM boards has also increased.
In summary, the market for VCM for home appliances has broad development prospects and potential. In the context of increasingly fierce market competition, manufacturers need to continuously innovate and upgrade their products and technical levels to meet consumer needs and maintain market competitiveness. At the same time, it is also necessary to pay attention to the development opportunities of emerging markets and the market changes brought about by new technologies such as smart homes.
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Moreover, the report provides a comprehensive analysis of the significant drivers, challenges, and opportunities within the VCM for Home Appliances Market. It takes into consideration the macroeconomic factors and regulatory frameworks prevailing in each region encompassed by the market. A thorough examination of the industry's supply chain is also conducted to identify key players and assess the influence of recent developments on their market positioning. The report offers a clear perspective on how to leverage the evolving market conditions for maximum gain.
The report on the Global VCM for Home Appliances Market meticulously scrutinizes the competitive landscape, offering valuable insights for market participants. The report identifies and appraises the leading players, providing a holistic view of their market presence and strategies.
Through meticulous analysis, we identify market leaders, challengers, and niche players, evaluating them based on factors such as market share, product offerings, and recent developments. This comprehensive understanding enables businesses to gain a deeper insight into their competitive positioning within the industry.
To provide a comprehensive overview of the Global VCM for Home Appliances Market, Global Info Research adopts a segmentation approach and also categorizes the market into distinct segments, considering various criteria like product types, geographical regions, and consumer demographics.
By closely examining each segment, we reveal specific trends, growth potential, and challenges. This segmented analysis allows businesses to tailor their strategies to meet the unique needs of different market segments, thereby enhancing their competitive edge. Our segmentation analysis serves as a strategic tool, guiding market participants in navigating the complexities of the Global VCM for Home Appliances Market effectively.
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe VCM for Home Appliances product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of VCM for Home Appliances, with revenue, gross margin and global market share of VCM for Home Appliances from 2020 to 2025.
Chapter 3, the VCM for Home Appliances competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2020 to 2031.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and VCM for Home Appliances market forecast, by regions, type and sales channel, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of VCM for Home Appliances.
Chapter 13, to describe VCM for Home Appliances research findings and conclusion.
Reasons for Acquiring This Report:
6.The study evaluates business predictions for the Global VCM for Home Appliances market based on region, key countries, and leading companies. This information assists investors in channeling their investments strategically, targeting areas with the highest growth potential.
Global Info Research is a company that digs deep into global industry information to support enterprises with market strategies and in-depth market development analysis reports. We provides market information consulting services in the global region to support enterprise strategic planning and official information reporting, and focuses on customized research, management consulting, IPO consulting, industry chain research, database and top industry services. At the same time, Global Info Research is also a report publisher, a customer and an interest-based suppliers, and is trusted by more than 30,000 companies around the world. We will always carry out all aspects of our business with excellent expertise and experience.
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