The flexible display market size has grown exponentially in recent years. It will grow from $25.97 billion in 2024 to $34.57 billion in 2025 at a compound annual growth rate (CAGR) of 33.1%. The growth in the historic period can be attributed to consumer electronics adoption, investment in research and development, growth in automotive sector, rise in e-commerce industry.
The flexible display market size is expected to see exponential growth in the next few years. It will grow to $101.02 billion in 2029 at a compound annual growth rate (CAGR) of 30.7%. The growth in the forecast period can be attributed to rising smart home integration, growing healthcare sector, growing adoption of smartphones, rise in disposable income, rising gaming and entertainment sector. Major trends in the forecast period include wearable technology, holographic displays, iot integration, eco-friendly and sustainable manufacturing processes, customization and personalization.
The increasing demand for OLED-based devices is projected to drive the growth of the flexible display market in the coming years. An OLED, or organic electroluminescent diode, is a type of light-emitting diode that features an emissive electroluminescent layer, providing high-quality images. Most flexible displays utilize OLED technology due to its superior picture quality, even when the screen is bent or twisted. For example, in January 2023, LG, a South Korea-based consumer electronics company, reported in its annual financial report for 2022 that it achieved sales exceeding $60 billion for the first time in its history. This marked a 12.9% increase from 2021, when sales were approximately $52.7 billion. LG's revenue for 2022 reached $22.5 billion, reflecting a 10.3% rise from the previous year. Consequently, the growing use of OLED displays in devices like smartphones and televisions is propelling the expansion of the flexible display market.
The growing demand for smart phones is expected to propel the growth of the flexible display market going forward. Smartphones are advanced mobile devices that combine the functionality of a traditional cellular phone with various features and capabilities typically associated with computers. Flexible displays are used in smartphone design as they are more durable and less prone to cracking or breaking. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or around 65 million individuals) will own a smart phone. Therefore, growing demand for smart phones is driving the growth of the flexible display market.
Technological advancements have emerged as a key trend gaining popularity in the flexible display market. Major companies operating in the flexible display market are focused on technological advancements to strengthen their position in the market. For instance, in January 2022, Samsung Electronics, a South Korea-based developer of smartphones, laptops, and televisions, launched new displays, namely, MicroLed, Neo QLED, in their new Lifestyle Television models. The Neo Quantum Processor allows the TV to control its lighting and enhance the brightness and accuracy of all shapes on the screen. This contains cloud gaming, on-screen multitasking, and a wide range of cutting-edge personalized features.
Major companies in the flexible display market are concentrating on product innovation, focusing on technologies such as the 7-inch Printed OLED Scrolling Display and the 6.7-inch AMOLED Rollable Display to gain a competitive advantage. These flexible displays are designed for use in portable devices. For example, in April 2023, vivo X Flip, a China-based smartphone manufacturer, introduced BOE's flexible OLED displays. BOE's flexible OLED displays are recognized for their high-resolution imagery and adaptability, making them ideal for a wide range of applications, including smartphones, televisions, and wearables. By leveraging organic light-emitting diode technology, these displays provide vibrant colors, deep blacks, and energy efficiency.
In a strategic move in July 2022, Samsung, a major South Korea-based electronics manufacturing company with a focus on flexible electronics, including flexible displays, acquired Cynora GmbH for a significant deal valued at $300 million. This strategic acquisition is aimed at bolstering Samsung's product portfolio in the realm of flexible displays and foldable electronics. Cynora GmbH, based in Germany, specializes in flexible electronics, particularly in the development of flexible and transparent displays. The acquisition underscores Samsung's commitment to advancing its capabilities in the flexible display market through strategic partnerships and acquisitions.
Major companies operating in the flexible display market include BOE Technology Group Co. Ltd., LG Display Co.Ltd., Royole Corporation, Samsung Electronics Co. Ltd., Japan Display Inc., AU Optronics Corp., Innolux Corporation, Corning Inc., Sharp Corporation, Visionox Technology Inc., E Ink Holdings Inc., Koninklijke Philips N.V., Microtips Technology, Delta Electronics Inc., DuPont de Nemours Inc., Hewlett Packard Enterprise Development LP, Nokia Corporation, Sony Corporation, Atmel Company, Plastic Logic GmbH, Panasonic Corporation, Japan Display Inc., FlexEnable Limited, Chunghwa Picture Tubes Ltd., Huawei Technologies Co. Ltd., Innolux Corporation, AU Optronics Corp., TCL Electronics Holdings Limited, Microchip Technology Inc., Cambrios Technologies Corp.
A flexible display is an electronic display printed on a foldable plastic membrane that can be easily twisted and bent. It is designed to withstand folding and twisting, providing a higher level of flexibility compared to traditional flat displays. These displays are known for their durability and lightweight nature, making them suitable for use in various devices such as virtual reality (VR) headsets, digital cameras, laptops, and televisions.
The flexible display market encompasses the sales of flexible displays by various entities, including organizations, sole traders, and partnerships. These displays offer enhanced flexibility and durability compared to traditional flat displays, contributing to their growing use in a range of electronic devices.
The flexible display market research report is one of a series of new reports that provides flexible display market statistics, including flexible display industry global market size, regional shares, competitors with a flexible display market share, detailed flexible display market segments, market trends and opportunities, and any further data you may need to thrive in the flexible display industry. This flexible display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the flexible display market in 2024. The regions covered in the flexible display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the flexible display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The flexible display market consists of sales of flexible LCD, passive-matrix LCD, active-matric-LDC, OLED display, passive-matrix OLED, active-matrix OLED, and electrophoretic displays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The flexible display market size is expected to see exponential growth in the next few years. It will grow to $101.02 billion in 2029 at a compound annual growth rate (CAGR) of 30.7%. The growth in the forecast period can be attributed to rising smart home integration, growing healthcare sector, growing adoption of smartphones, rise in disposable income, rising gaming and entertainment sector. Major trends in the forecast period include wearable technology, holographic displays, iot integration, eco-friendly and sustainable manufacturing processes, customization and personalization.
The increasing demand for OLED-based devices is projected to drive the growth of the flexible display market in the coming years. An OLED, or organic electroluminescent diode, is a type of light-emitting diode that features an emissive electroluminescent layer, providing high-quality images. Most flexible displays utilize OLED technology due to its superior picture quality, even when the screen is bent or twisted. For example, in January 2023, LG, a South Korea-based consumer electronics company, reported in its annual financial report for 2022 that it achieved sales exceeding $60 billion for the first time in its history. This marked a 12.9% increase from 2021, when sales were approximately $52.7 billion. LG's revenue for 2022 reached $22.5 billion, reflecting a 10.3% rise from the previous year. Consequently, the growing use of OLED displays in devices like smartphones and televisions is propelling the expansion of the flexible display market.
The growing demand for smart phones is expected to propel the growth of the flexible display market going forward. Smartphones are advanced mobile devices that combine the functionality of a traditional cellular phone with various features and capabilities typically associated with computers. Flexible displays are used in smartphone design as they are more durable and less prone to cracking or breaking. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or around 65 million individuals) will own a smart phone. Therefore, growing demand for smart phones is driving the growth of the flexible display market.
Technological advancements have emerged as a key trend gaining popularity in the flexible display market. Major companies operating in the flexible display market are focused on technological advancements to strengthen their position in the market. For instance, in January 2022, Samsung Electronics, a South Korea-based developer of smartphones, laptops, and televisions, launched new displays, namely, MicroLed, Neo QLED, in their new Lifestyle Television models. The Neo Quantum Processor allows the TV to control its lighting and enhance the brightness and accuracy of all shapes on the screen. This contains cloud gaming, on-screen multitasking, and a wide range of cutting-edge personalized features.
Major companies in the flexible display market are concentrating on product innovation, focusing on technologies such as the 7-inch Printed OLED Scrolling Display and the 6.7-inch AMOLED Rollable Display to gain a competitive advantage. These flexible displays are designed for use in portable devices. For example, in April 2023, vivo X Flip, a China-based smartphone manufacturer, introduced BOE's flexible OLED displays. BOE's flexible OLED displays are recognized for their high-resolution imagery and adaptability, making them ideal for a wide range of applications, including smartphones, televisions, and wearables. By leveraging organic light-emitting diode technology, these displays provide vibrant colors, deep blacks, and energy efficiency.
In a strategic move in July 2022, Samsung, a major South Korea-based electronics manufacturing company with a focus on flexible electronics, including flexible displays, acquired Cynora GmbH for a significant deal valued at $300 million. This strategic acquisition is aimed at bolstering Samsung's product portfolio in the realm of flexible displays and foldable electronics. Cynora GmbH, based in Germany, specializes in flexible electronics, particularly in the development of flexible and transparent displays. The acquisition underscores Samsung's commitment to advancing its capabilities in the flexible display market through strategic partnerships and acquisitions.
Major companies operating in the flexible display market include BOE Technology Group Co. Ltd., LG Display Co.Ltd., Royole Corporation, Samsung Electronics Co. Ltd., Japan Display Inc., AU Optronics Corp., Innolux Corporation, Corning Inc., Sharp Corporation, Visionox Technology Inc., E Ink Holdings Inc., Koninklijke Philips N.V., Microtips Technology, Delta Electronics Inc., DuPont de Nemours Inc., Hewlett Packard Enterprise Development LP, Nokia Corporation, Sony Corporation, Atmel Company, Plastic Logic GmbH, Panasonic Corporation, Japan Display Inc., FlexEnable Limited, Chunghwa Picture Tubes Ltd., Huawei Technologies Co. Ltd., Innolux Corporation, AU Optronics Corp., TCL Electronics Holdings Limited, Microchip Technology Inc., Cambrios Technologies Corp.
A flexible display is an electronic display printed on a foldable plastic membrane that can be easily twisted and bent. It is designed to withstand folding and twisting, providing a higher level of flexibility compared to traditional flat displays. These displays are known for their durability and lightweight nature, making them suitable for use in various devices such as virtual reality (VR) headsets, digital cameras, laptops, and televisions.
The flexible display market encompasses the sales of flexible displays by various entities, including organizations, sole traders, and partnerships. These displays offer enhanced flexibility and durability compared to traditional flat displays, contributing to their growing use in a range of electronic devices.
The flexible display market research report is one of a series of new reports that provides flexible display market statistics, including flexible display industry global market size, regional shares, competitors with a flexible display market share, detailed flexible display market segments, market trends and opportunities, and any further data you may need to thrive in the flexible display industry. This flexible display market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
North America was the largest region in the flexible display market in 2024. The regions covered in the flexible display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the flexible display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The flexible display market consists of sales of flexible LCD, passive-matrix LCD, active-matric-LDC, OLED display, passive-matrix OLED, active-matrix OLED, and electrophoretic displays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Flexible Display Market Characteristics3. Flexible Display Market Trends And Strategies4. Flexible Display Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market32. Global Flexible Display Market Competitive Benchmarking And Dashboard33. Key Mergers And Acquisitions In The Flexible Display Market34. Recent Developments In The Flexible Display Market
5. Global Flexible Display Growth Analysis And Strategic Analysis Framework
6. Flexible Display Market Segmentation
7. Flexible Display Market Regional And Country Analysis
8. Asia-Pacific Flexible Display Market
9. China Flexible Display Market
10. India Flexible Display Market
11. Japan Flexible Display Market
12. Australia Flexible Display Market
13. Indonesia Flexible Display Market
14. South Korea Flexible Display Market
15. Western Europe Flexible Display Market
16. UK Flexible Display Market
17. Germany Flexible Display Market
18. France Flexible Display Market
19. Italy Flexible Display Market
20. Spain Flexible Display Market
21. Eastern Europe Flexible Display Market
22. Russia Flexible Display Market
23. North America Flexible Display Market
24. USA Flexible Display Market
25. Canada Flexible Display Market
26. South America Flexible Display Market
27. Brazil Flexible Display Market
28. Middle East Flexible Display Market
29. Africa Flexible Display Market
30. Flexible Display Market Competitive Landscape And Company Profiles
31. Flexible Display Market Other Major And Innovative Companies
35. Flexible Display Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Flexible Display Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on flexible display market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for flexible display ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The flexible display market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Display Type: OLED (Organic Light-Emitting Diodes); LCD (Liquid-Crystal Display); EPD (Electronic Paper Display); Other Display Types2) By Substrate Material: Glass; Plastic; Others Substrate Types
3) By Form Factor: Curved Display; Bendable and Foldable Display; Rollable Display
4) By Application: Smartphone and Tablet; Smartwatches and Wearables; Television and Digital Signage Systems; PC Monitors and Laptops; E-reader; Electronic Shelf Labels (ESLS); Vehicles and Public Transports; Other Applications
By Segments:
1) By OLED (Organic Light-Emitting Diodes): Flexible OLED Displays; Foldable OLED Displays2) By LCD (Liquid-Crystal Display): Flexible LCD Displays; Transparent LCD Displays
3) By EPD (Electronic Paper Display): Monochrome EPD; Color EPD
4) By Other Display Types: MicroLED Displays; Quantum Dot Displays
Key Companies Mentioned: BOE Technology Group Co. Ltd.; LG Display Co.Ltd.; Royole Corporation; Samsung Electronics Co. Ltd.; Japan Display Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- BOE Technology Group Co. Ltd.
- LG Display Co.Ltd.
- Royole Corporation
- Samsung Electronics Co. Ltd.
- Japan Display Inc.
- AU Optronics Corp.
- Innolux Corporation
- Corning Inc.
- Sharp Corporation
- Visionox Technology Inc.
- E Ink Holdings Inc.
- Koninklijke Philips N.V.
- Microtips Technology
- Delta Electronics Inc.
- DuPont de Nemours Inc.
- Hewlett Packard Enterprise Development LP
- Nokia Corporation
- Sony Corporation
- Atmel Company
- Plastic Logic GmbH
- Panasonic Corporation
- Japan Display Inc.
- FlexEnable Limited
- Chunghwa Picture Tubes Ltd.
- Huawei Technologies Co. Ltd.
- Innolux Corporation
- AU Optronics Corp.
- TCL Electronics Holdings Limited
- Microchip Technology Inc.
- Cambrios Technologies Corp.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 34.57 Billion |
| Forecasted Market Value ( USD | $ 101.02 Billion |
| Compound Annual Growth Rate | 30.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 30 |
