Global Thermal Transfer Ribbon Market Growth 2023-2029
Thermal Transfer Ribbon is basically a polyester film on which are coated different layers. Ink layer is transferred to the label thanks to the heat delivered by the thermal head of the thermal printer.
LPI (LP Information)' newest research report, the “Thermal Transfer Ribbon Industry Forecast” looks at past sales and reviews total world Thermal Transfer Ribbon sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Transfer Ribbon sales for 2023 through 2029. With Thermal Transfer Ribbon sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Transfer Ribbon industry.
This Insight Report provides a comprehensive analysis of the global Thermal Transfer Ribbon landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Transfer Ribbon portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermal Transfer Ribbon market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Transfer Ribbon and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Transfer Ribbon.
The global Thermal Transfer Ribbon market size is projected to grow from US$ 1609.5 million in 2022 to US$ 2510.4 million in 2029; it is expected to grow at a CAGR of 2510.4 from 2023 to 2029.
Global main manufacturers of thermal transfer ribbon include ARMOR, Dai Nippon Printing, IIMAK and Zhuoli Group (Zhuorim), etc. The top four players hold a share about 38%. China is the largest producer, has a share about 33%, followed by North America and Europe, with share 19% and 18%, separately. The largest market is Asia-Pacific, holds a share about 39%, followed by Europe and North America, with around 28% and 26% market share respectively.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Transfer Ribbon market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Wax Base
Wax/Resin Mixed Base
Resin Base
Segmentation by application
Transportation & Logistics
Manufacturing
Retail
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ricoh
ITW
HANGZHOU TODAYTEC DIGITAL CO.,LTD
Zebra
TSC
Zhuoli Group (Zhuorim)
ARMOR
IIMAK
General Co., Ltd.
Dai Nippon Printing Co., Ltd.
Fujicopian
Inkstar
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermal Transfer Ribbon market?
What factors are driving Thermal Transfer Ribbon market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermal Transfer Ribbon market opportunities vary by end market size?
How does Thermal Transfer Ribbon break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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