Flexible Display Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Flexible Display Technology Market Analysis and it is Segmented by Display Type (OLED, LCD, EPD (Electronic Paper Display), Other Display Types (LED)), Substrate Material (Glass, Plastic, Other Substrate Materials), Application (Smartphones and Tablets, Smart Wearables, Televisions, and Digital Signage, Personal Computers and Laptops, Other Applications), and Geography. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Flexible Display Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Flexible Display Market Size

Flexible Display Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 20.52 Billion
Market Size (2030) USD 91.32 Billion
CAGR (2025 - 2030) 34.80 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Flexible Display Market  Major Players

*Disclaimer: Major Players sorted in no particular order

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Flexible Display Market Analysis

The Flexible Display Market size is estimated at USD 20.52 billion in 2025, and is expected to reach USD 91.32 billion by 2030, at a CAGR of 34.8% during the forecast period (2025-2030).

The flexible display industry is witnessing a significant transformation in manufacturing capabilities and technological advancements. Samsung Display has expanded its production capacity to 195,000 monthly substrates through its new 6-Gen flexible OLED line, representing a major shift in manufacturing scale. This expansion, coupled with the emergence of new fabrication methods and materials engineering strategies, has enabled manufacturers to achieve higher yields for larger panels while reducing production costs. The industry is also seeing increased adoption of organic thin-film transistor (OTFT) technology, which allows for more efficient production of flexible organic liquid crystal displays (OLCD).


Strategic partnerships and investments are reshaping the competitive landscape of the flexible display market. In 2023, JOLED Inc. and TCL CSOT strengthened their capital and business alliance, focusing on developing proprietary RGB printed OLED display technology for future display applications. The collaboration aims to establish a unique positioning within the OLED industry, particularly for large-format displays. Additionally, major display manufacturers are investing heavily in research and development, with companies like LG Display investing approximately KRW 1,740 billion in innovation and product development.


The market is experiencing rapid advancements in display technology capabilities and form factors. In 2023, manufacturers introduced breakthrough innovations in flexible display technology, including ultra-thin displays measuring just 0.18mm in thickness that can be rolled and transported like traditional scroll paintings. These developments have enabled new applications across various sectors, from automotive displays to smart home devices. The industry has also witnessed the introduction of displays with bend radius capabilities as small as 3mm, enabling more sophisticated folding and rolling mechanisms.


The integration of flexible electronics into diverse applications is driving new use cases across multiple industries. Recent developments include the incorporation of flexible displays in automotive interiors, with manufacturers developing curved dashboard displays and entertainment systems that conform to vehicle contours. The technology is also finding applications in smart clothing and jewelry, with displays being integrated into wearable devices that can change patterns and colors instantly. These innovations are supported by advancements in flexible substrate materials, including the development of new polymer-based materials and enhanced barrier layers that protect OLEDs from moisture and oxygen.

Segment Analysis: By Display Type

OLED Segment in Flexible Display Market

The OLED display market has emerged as the dominant force in the flexible display market, commanding approximately 77% market share in 2024. This leadership position is attributed to OLED's superior performance characteristics, including better image quality, enhanced optical characteristics, and simplified design compared to traditional display technologies. The technology's ability to operate without backlighting allows for thinner and more moldable displays, making it particularly suitable for curved screens and bendable display devices. Major display manufacturers are increasingly investing in OLED production capabilities, with a significant focus on developing flexible and foldable OLED panels for smartphones, tablets, and other consumer electronics. The segment's growth is further propelled by increasing adoption in premium smartphones and the emergence of innovative applications in automotive displays and smart wearables.

Market Analysis of Flexible Display Market: Chart for By Display Type

Remaining Segments in Flexible Display Market

The flexible display market encompasses several other significant technologies, including LCD, electronic paper display market (EPD), and LED display types. The EPD segment has carved out a notable position in the market, particularly in applications requiring low power consumption and excellent readability in various lighting conditions, such as e-readers, electronic shelf labels, and digital signage. The LCD segment continues to maintain its relevance through innovations in organic LCD (OLCD) technology, which offers cost-effective solutions for larger display applications and automotive uses. The LED display segment, while smaller, provides unique advantages in terms of durability and flexibility, finding applications in advertising displays and architectural installations. Each of these technologies serves specific market niches, contributing to the overall diversity and robustness of the flexible display ecosystem.

Segment Analysis: By Substrate Material

Glass Segment in Flexible Display Market

Glass-based flexible displays currently dominate the flexible display market due to their advanced features such as low total pitch variation, low total thickness variation, and high & uniform UV transmission. Major manufacturers like Samsung and LG are extensively using glass substrates in their flagship flexible display products, particularly for smartphones and televisions. Companies like Corning are developing specialized flexible glass like Willow that can be as thin as paper while maintaining durability. The technology has gained significant traction in commercial applications, with Samsung's Galaxy Z series phones incorporating Ultra-Thin Glass (UTG) technology that enables folding capabilities while maintaining display quality and durability. Google and other smartphone manufacturers are actively pursuing UTG orders from Samsung, which remains the primary supplier of this specialized glass substrate technology.

Plastic Segment in Flexible Display Market

The plastic display substrate segment is witnessing rapid growth in the flexible display market, driven by advantages like substantial weight reduction, enhanced flexibility, and improved durability compared to traditional glass-based displays. Key materials like polyethylene terephthalate (PET), polyethylene naphthalate (PEN), and polyethylene propylene (PI) are being increasingly adopted, with PI emerging as one of the most promising substrates due to its superior thermal stability and mechanical properties. Major display manufacturers are investing heavily in plastic display substrate technology development, with companies like E Ink partnering with Plastic Logic to create innovative flexible color displays. The segment is particularly gaining momentum in applications requiring extreme flexibility and lightweight properties, such as wearable devices, automotive displays, and foldable smartphones.

Remaining Segments in Substrate Material Market

Other substrate materials, primarily metal-based substrates like thin metal foils and stainless steel, are emerging as alternative options in the flexible display market. These materials offer unique advantages in terms of thermal conductivity and mechanical stability, making them suitable for specialized applications requiring robust display solutions. The metal substrate segment is witnessing increased research activity, particularly in developing innovative fabrication techniques for silicon-based transistor electronics on metal substrates. Researchers are also exploring hybrid solutions combining different substrate materials to achieve optimal performance characteristics while maintaining the flexibility and durability required for next-generation display applications.

Segment Analysis: By Application

Smartphones and Tablets Segment in Flexible Display Market

The smartphones and tablets segment continues to dominate the flexible display market, commanding approximately 63% of the total market share in 2024. This significant market position is driven by the increasing adoption of foldable and rollable smartphones by major manufacturers, who are continuously innovating with new form factors and display technologies. The segment's growth is further supported by advancements in display durability, enhanced user interfaces, and improved manufacturing processes that have made flexible displays more reliable and cost-effective for mass production. Leading smartphone manufacturers are incorporating flexible displays in their flagship devices, offering consumers unique features such as expandable screens, improved multitasking capabilities, and innovative design aesthetics that blur the line between smartphones and tablets.

Personal Computers and Laptops Segment in Flexible Display Market

The personal computers and laptops segment is emerging as the fastest-growing segment in the flexible display market, with an expected growth rate of approximately 55% during the forecast period 2024-2029. This remarkable growth is being driven by increasing demand for versatile computing devices that can transform between different form factors, offering users enhanced productivity and improved viewing experiences. Major PC manufacturers are actively developing innovative products incorporating flexible displays, including foldable laptops and convertible devices that can transition between traditional laptop and tablet modes. The segment is witnessing substantial investments in research and development, focusing on addressing technical challenges such as durability, touch sensitivity, and integration with existing hardware components.

Remaining Segments in Flexible Display Market by Application

The flexible display market encompasses several other significant segments, including smart wearables, televisions and digital signage systems, and other applications such as automotive displays and smart home appliances. The smart wearables segment is experiencing substantial growth due to increasing adoption in fitness trackers, smartwatches, and other wearable devices that benefit from flexible display technology's ability to conform to body contours. The television and digital signage segment is leveraging flexible displays to create innovative curved and rollable screens, enhancing viewing experiences and enabling new installation possibilities. The other applications segment is expanding through integration in automotive dashboards, smart home devices, and various industrial applications, demonstrating the versatility and growing adoption of flexible display technology across different sectors.

Flexible Display Market Geography Segment Analysis

Flexible Display Market in North America

The North American flexible display market maintains a significant presence, commanding approximately 18% of the global market share in 2024. The region's market is characterized by substantial investments in advanced display manufacturing capabilities and a strong emphasis on research and development activities. North American companies are particularly focused on micro-LED technology as an emerging display solution, viewing it as a potential replacement for OLED and LCD in specific applications. The region benefits from a robust ecosystem of technology innovators and early adopters, particularly in the consumer electronics and automotive sectors. The presence of major technology companies and their continuous investment in display technologies has created a favorable environment for market growth. The region's market is further strengthened by increasing demand for advanced display solutions in healthcare, military, and aerospace applications. Additionally, the strong focus on developing glass-free electrophoretic displays and other innovative display technologies continues to drive market expansion in North America.

Market Analysis of Flexible Display Market: Forecasted Growth Rate by Region

Flexible Display Market in Europe

The European flexible display market has demonstrated robust growth, recording approximately a 12% growth rate from 2019 to 2024. The market landscape in Europe is heavily influenced by end-user application preferences and specific regional consumer behaviors. European manufacturers have been particularly successful in developing hybrid OLED displays, which offer advantages over traditional rigid OLEDs while maintaining competitive cost structures. The region has witnessed significant adoption of electronic paper displays (EPDs), particularly in the transportation and retail sectors. European display makers have established a strong foothold in specialized applications, focusing on high-value-added products for specific industry verticals. The market is characterized by strong environmental regulations and sustainability initiatives, driving innovations in energy-efficient display technologies. The region's automotive sector has emerged as a key driver for flexible display adoption, with increasing integration in vehicle interiors and information systems. Furthermore, European research institutions continue to play a crucial role in advancing flexible display technologies through collaborative research initiatives.

Flexible Display Market in Asia-Pacific

The Asia-Pacific flexible display market is positioned for exceptional growth, with projections indicating approximately a 36% growth rate from 2024 to 2029. The region serves as the global manufacturing hub for display technologies, with significant production facilities concentrated in South Korea, Taiwan, Japan, and China. Asia-Pacific's market dominance is reinforced by the presence of major display manufacturers and their extensive supply chain networks. The region benefits from substantial government support and initiatives, particularly in China, which has led to increased investments in new fabrication facilities. The market is characterized by intense competition among local manufacturers, driving continuous innovation and cost optimization. Japanese and South Korean companies lead in technological advancement, particularly in OLED and flexible display technologies. The region's strong semiconductor and electronics manufacturing base provides a competitive advantage in the flexible display supply chain. Furthermore, the presence of major consumer electronics manufacturers in the region creates a robust ecosystem for market growth.

Flexible Display Market in Rest of the World

The Rest of the World region, encompassing Latin America, the Middle East, and Africa, represents an emerging market for flexible electronics market technologies. These regions display significant growth potential, particularly driven by increasing smartphone penetration and rising disposable incomes. The Middle East market is characterized by strong demand for premium consumer electronics and automotive applications featuring advanced display technologies. Latin American countries, particularly Brazil and Mexico, are emerging as key markets for flexible display applications in smart city initiatives and digital signage. The region's market is primarily driven by increasing urbanization and digital transformation initiatives across various sectors. Local governments' push for smart city development and digital infrastructure has created new opportunities for flexible display applications. The market in these regions is largely import-dependent, relying on established manufacturers from Asia and North America. Despite current limited manufacturing capabilities, these regions offer substantial growth opportunities for market expansion and future investments in display technologies.

Flexible Display Industry Overview

Top Companies in Flexible Display Market

The flexible display companies market features prominent players like LG Display, Samsung Electronics, BOE Technology, and E-Ink Holdings leading innovation and development. Companies are heavily investing in research and development to advance OLED, AMOLED, and EPD technologies while expanding production capacities through new manufacturing facilities. Strategic partnerships and collaborations across the value chain, particularly with consumer electronics manufacturers, characterize the competitive dynamics. Market leaders are focusing on developing differentiated products with enhanced features like ultra-thin designs, improved durability, and energy efficiency. The industry witnesses continuous product launches in smartphones, tablets, wearables, and automotive displays, with companies striving to achieve technological breakthroughs in flexible and foldable display solutions.

Consolidated Market Led By Asian Conglomerates

The flexible display industry exhibits high market consolidation with Asian manufacturers, particularly from South Korea, China, and Taiwan, dominating the global landscape. Major players operate across the entire value chain, from component manufacturing to end-product integration, giving them significant control over technology development and pricing. These conglomerates leverage their extensive manufacturing capabilities, established distribution networks, and strong relationships with consumer electronics brands to maintain their market positions. The industry has high entry barriers due to substantial capital requirements, complex manufacturing processes, and the need for advanced technological expertise.


The market demonstrates active merger and acquisition activity, primarily driven by the need to acquire new technologies and expand manufacturing capabilities. Large display manufacturers are increasingly acquiring smaller technology companies to strengthen their intellectual property portfolios and accelerate innovation in flexible display solutions. Vertical integration strategies are prevalent, with companies expanding their presence across the supply chain to ensure better control over production costs and quality. Regional consolidation is also evident, particularly in China, where government support and investments are driving the growth of domestic display manufacturers.

Innovation and Integration Drive Market Success

Success in the flexible display market increasingly depends on technological innovation capabilities and strategic integration with end-user industries. Incumbent players must continuously invest in research and development to maintain their competitive edge, focusing on improving display performance, reducing production costs, and developing new applications. Companies need to establish strong partnerships with device manufacturers and expand their product portfolios to address diverse market needs. The ability to scale production while maintaining quality and managing costs remains crucial for market leadership.


For new entrants and smaller players, specialization in niche applications and development of proprietary technologies offer pathways to market success. The market presents opportunities in emerging applications like automotive displays, smart wearables, and industrial interfaces, where specialized solutions are valued. Companies must navigate potential regulatory challenges related to environmental compliance and material usage while addressing the growing demand for sustainable display solutions. Building strong intellectual property portfolios and forming strategic alliances with established players can help contenders overcome entry barriers and gain market share. The flexible display market forecast indicates significant growth potential, driven by advancements in flexible display module technologies and the expanding flexible electronics market size.

Flexible Display Market Leaders

  1. LG Display Co., Ltd

  2. Samsung Electronics Co. Ltd

  3. ROYOLE Corporation

  4. BOE Technology Group Co. Ltd

  5. Microtips Technology

  6. *Disclaimer: Major Players sorted in no particular order
Flexible Display Market Concentration
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Flexible Display Market News

  • May 2022 - LG Display brought its next-generation OLED solutions to the 2022 Society for Information Display (SID) held in San Jose, California, US. By introducing state-of-the-art OLED products ranging from its next-generation OLED.EX to bendable and foldable OLED panels, the company highlighted the evolution and versatility of OLED technology, aiming to solidify its OLED positioning in the market.
  • March 2022 - Stanford chemical engineers announced the development of a high-brightness and stretchable display that could revolutionize how humans interact with electronics.

Flexible Display Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Intensity of Competitive Rivalry
    • 4.2.5 Threat of Substitute Products
  • 4.3 Industry Value Chain Analysis
  • 4.4 Technology Snapshot
  • 4.5 Impact of COVID -19 on the Market Ecosystem

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Innovation in Consumer Electronics
    • 5.1.2 Increase in Demand for Greater Picture Quality
  • 5.2 Market Restraints
    • 5.2.1 Higher R&D Cost and Highly Dynamic Market
  • 5.3 Market Opportunities

6. MARKET SEGMENTATION

  • 6.1 By Display Type
    • 6.1.1 OLED
    • 6.1.2 LCD
    • 6.1.3 EPD (Electronic Paper Display)
    • 6.1.4 Other Display Types (LED)
  • 6.2 By Substrate Material
    • 6.2.1 Glass
    • 6.2.2 Plastic
    • 6.2.3 Other Substrate Materials
  • 6.3 By Application
    • 6.3.1 Smartphones and Tablets
    • 6.3.2 Smart Wearables
    • 6.3.3 Televisions and Digital Signage Systems
    • 6.3.4 Personal Computers and Laptops
    • 6.3.5 Other Applications (Vehicle, Public Transport, and Smart Home Appliances)
  • 6.4 By Geography
    • 6.4.1 North America
    • 6.4.2 Europe
    • 6.4.3 Asia-Pacific
    • 6.4.4 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 LG Display Co. Ltd
    • 7.1.2 Samsung Electronics Co. Ltd
    • 7.1.3 ROYOLE Corporation
    • 7.1.4 e-ink Holdings
    • 7.1.5 BOE Technology Group Co. Ltd
    • 7.1.6 Guangzhou Oed Technologies Co. Ltd
    • 7.1.7 FlexEnable Technology Limited
    • 7.1.8 Chunghwa Picture Tubes Ltd
    • 7.1.9 Huawei Technologies Co. Ltd
    • 7.1.10 Sharp Corporation
    • 7.1.11 Plastic Logic
    • 7.1.12 Innolux Corporation
    • 7.1.13 AU Optronics Corp.
    • 7.1.14 TCL Electronics Holdings Limited
    • 7.1.15 Microtips Technology
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Flexible Display Industry Segmentation

Flexible displays are rollable and flexible, unlike the traditional flat-screen displays used in most devices. These displays are built upon a flexible substrate which can be either plastic, metal, or flexible glass.

The scope of the study covers market dynamics and trends in Display Type (OLED, LCD, EPD (Electronic Paper Display), Other Display Types (LED)), Substrate Material (Glass, Plastic, Other Substrate Materials), Application (Smartphones and Tablets, Smart Wearables, Televisions, and Digital Signage, Personal Computers and Laptops, Other Applications), and Geography. The study also tracks the trends, opportunities, and COVID-19 impact on the flexible display market. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Display Type OLED
LCD
EPD (Electronic Paper Display)
Other Display Types (LED)
By Substrate Material Glass
Plastic
Other Substrate Materials
By Application Smartphones and Tablets
Smart Wearables
Televisions and Digital Signage Systems
Personal Computers and Laptops
Other Applications (Vehicle, Public Transport, and Smart Home Appliances)
By Geography North America
Europe
Asia-Pacific
Rest of the World
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Flexible Display Market Research FAQs

How big is the Flexible Display Market?

The Flexible Display Market size is expected to reach USD 20.52 billion in 2025 and grow at a CAGR of 34.80% to reach USD 91.32 billion by 2030.

What is the current Flexible Display Market size?

In 2025, the Flexible Display Market size is expected to reach USD 20.52 billion.

Who are the key players in Flexible Display Market?

LG Display Co., Ltd, Samsung Electronics Co. Ltd, ROYOLE Corporation, BOE Technology Group Co. Ltd and Microtips Technology are the major companies operating in the Flexible Display Market.

Which is the fastest growing region in Flexible Display Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Flexible Display Market?

In 2025, the North America accounts for the largest market share in Flexible Display Market.

What years does this Flexible Display Market cover, and what was the market size in 2024?

In 2024, the Flexible Display Market size was estimated at USD 13.38 billion. The report covers the Flexible Display Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Flexible Display Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Flexible Display Market Research

Mordor Intelligence provides a comprehensive analysis of the flexible display industry, utilizing our extensive experience in technology market research. Our expert analysts offer detailed insights into OLED display and AMOLED display technologies. They also cover emerging innovations in bendable display, foldable display, and stretchable display solutions. The report, available as an easy-to-read PDF download, covers the entire ecosystem from flexible electronics to flexible substrate manufacturing. It also examines developments in electronic paper display technology and flexible panel applications.

Our analysis includes the complete spectrum of display technologies, such as flexible LCD, flexible OLED, and plastic display implementations. Stakeholders gain valuable insights into rollable display innovations and curved display applications. This is supported by a detailed examination of flexible electronics market dynamics. The report explores advancements in flexible display panel technology and flexible display module integration. It also highlights emerging trends in flexible smartphone display development. Additionally, we provide comprehensive coverage of electronic paper display market trends and flexible substrate market opportunities. This ensures stakeholders have access to the most current and relevant industry information.