Thermal Printing Market, By Technology (Direct Thermal and Thermal Transfer), By Printer Type (PoS Printer, Label and Tag Printer, and RFID Printer), By End-use Industry (Transportation and Logistics, Retail, Healthcare, Manufacturing, and Others), By Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Thermal printing is defined as a digital printing process which utilizes heat and produce printed image from a thermal paper (thermochromic paper). Thermal printing is an advanced and innovative printing technologies that is used for printing in several end use industries such as retail, manufacturing, transportation, and others. Moreover, increase in adoption of thermal printing technology in healthcare sector and noteworthy growth opportunities for manufacturers in emerging economies are the major drivers that are boosting the global thermal printing market.
The global Thermal Printing Market is estimated to account for US$ 44,539.2 Mn in terms of value by the end of 2021.
Market Dynamics
Rising need for productivity improvement and increase in usage of thermal printers in on-demand applications are the factors driving the growth of thermal printers market. Moreover, rapid transformation from traditional printers to portable thermal printers, rising demand for thermal printers in healthcare sector and strong distribution network of thermal printer manufacturers are the major factors that are boosting the growth of thermal printers market across the globe.
However, increase in strict printing regulations and rising cost of direct thermal printing due to unavailability of heat sensitive materials are some of the restraining factors that are expected to hamper the growth of the global thermal printing market.
Key features of the study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook