Contact Us

Global Flexible Display Market Overview 2025, Forecast To 2034

27 Feb, 2025

What are the Historical Developments and Current Growth Metrics of the Flexible Display Market?

The flexible display market has seen considerable growth due to a variety of factors.
• The size of the flexible display market has seen an immense boost in recent years. The market, which was previously valued at $25.97 billion in 2024, is expected to surge to $34.57 billion in 2025, marking a compound annual growth rate (CAGR) of 33.1%.
Factors such as the upsurge in consumer electronics usage, increase in R&D investment, expansion of the automotive industry, and the proliferation of the e-commerce sector have contributed to this exceptional growth during the historic period.

What Does Future Hold for The Flexible Display Market Size?

The flexible display market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for flexible displays is predicted to exponentially increase in the upcoming years, projected to reach $101.02 billion by 2029 with a compound annual growth rate (CAGR) of 30.7%.
This acceleration in the forecast period can be linked to the increasing integration of smart homes, an expanding healthcare industry, the widespread use of smartphones, an increase in expendable income, and a booming gaming and entertainment sector. Key trends during the forecast period encompass wearable technology, holographic displays, integration of internet of things (iot), green and sustainable production methods, and customization and personalization.

What Are The Key Drivers Fueling Growth In The Flexible Display Market?

The flexible display market's expansion is likely to be fueled by the growing popularity of OLED-based gadgets. OLED, an acronym for organic electroluminescent diode, is a type of light-emitting diode that houses an emitting electroluminescent layer, enhancing the quality of the image it displays. OLED displays are typically used in the majority of flexible displays because they maintain superior image quality even when the screen is twisted or bent. For instance, LG, a consumer electronics company based in South Korea, noted in its annual financial report for 2022, (published in January 2023), that it had achieved its highest ever annual revenue, crossing the $60 billion mark for the first time in the company's history. This constituted an increase of 12.9% from 2021 when the company's sales exceeded around $52.70 billion for the first time. It also noted a 10.3% increase in 2022, recording revenues of $22.5 billion. Given this, the increased adoption of OLED displays in devices including smartphones and TVs is propelling the growth of the flexible display market.

What Are The Principal Market Segments In The Global Flexible Display Industry?

The flexible display market covered in this report is segmented –
1) By Display Type: OLED (Organic Light-Emitting Diodes), LCD (Liquid-Crystal Display), EPD (Electronic Paper Display), Other Display Types
2) 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 Displays
2) 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

Pre-Book The Flexible Display Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:

Which Emerging Market Trends Are Altering The Flexible Display Sector?

Emerging trends in the flexible display market are heavily influenced by technological advancements. Many leading companies in the flexible display market are pivoting toward these advancements to solidify their market presence. For instance, Samsung Electronics, a firm based in South Korea renowned for creating smartphones, laptops, and televisions, ushered in 2022 with the launch of their new displays, MicroLed and Neo QLED, on their fresh Lifestyle Television models. These models' Neo Quantum Processor empowers the TV to regulate its lighting and augment the brightness and precision of all screen shapes. Among the other feature enhancements are cloud gaming, on-screen multitasking, and an extensive assortment of pioneering personalized features.

Who Are the Key Players in the Flexible Display Market?

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.

What are the Regional Insights into the Flexible Display Market?

North America was the largest region in the flexible display market in 2024. The regions covered in the flexible display market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.