Thermal Transfer Ribbon Market SWOT Analysis, Business Growth Opportunities, Forecast By 2027 - PowerPoint PPT Presentation

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Thermal Transfer Ribbon Market SWOT Analysis, Business Growth Opportunities, Forecast By 2027

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As per Global Market Insights, Inc. estimates, the global thermal transfer ribbon market size is expected to exceed $1.72 billion by 2027. – PowerPoint PPT presentation

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Title: Thermal Transfer Ribbon Market SWOT Analysis, Business Growth Opportunities, Forecast By 2027


1
Thermal Transfer Ribbon Market Company Insights
SWOT Analysis by 2027
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2
Global Market Scenario of Thermal Transfer Ribbon
Industry
  • As per Global Market Insights, Inc. estimates,
    the global thermal transfer ribbon market size is
    expected to exceed 1.72 billion by 2027.
  • The global thermal transfer ribbon market share
    is expected to witness a major upsurge over the
    coming years, on account of the robust demand for
    exceptional packaging solutions, alongside the
    rising penetration of the retail sector in
    emerging countries. Thermal transfer printing
    ribbons are observing widespread adoption in the
    manufacturing and retail industries for
    compliance labeling, product labeling, ID/serial
    number, storage, Back-of-Store operations, and
    other applications.
  • The industry is highly fragmented in nature, with
    the presence of domestic and international
    manufacturers of different thermal transfer
    ribbon types. The rapid growth of e-Commerce in
    the retail sector, coupled with the rising
    prominence of blood bag labeling practices, will
    further expand the market at a tremendous growth
    rate in years ahead.

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3
Continue-
  • How will high printing speeds offered by
    near-edge technologies foster thermal transfer
    ribbon industry?
  • On the basis of printing head type, the near edge
    segment is likely to account for a nearly 35 of
    the global thermal transfer ribbon market share
    by 2027, which is attributable to the exceptional
    printing speeds delivered by the near-edge
    technologies owing to their capability to
    auto-adjust the printing substrates.
  • In terms of segmentation by product, the wax
    resin segment is slated to proliferate at an
    appreciable rate, due to the easy product
    availability and economical qualities, making it
    highly desirable for use in the retail as well as
    entertainment and hospitality industries. In
    November 2020, Armor launched APR 1, a wax-resin
    ribbon for the flat-head printers, designed to
    serve as an economical solution for various
    price-sensitive wax-resin applications.
  • Despite these favorable growth environments, the
    low durability of labels and bar code tags made
    from this product may create key challenges in
    the steady market growth over the forthcoming
    years.

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www.gminsights.com
4
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4915
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5
360 Industry Analysis
  • For instance, in May 2020, Thermal Transfer
    Solutions unveiled the near-edge line of its
    thermal transfer ribbons with high durability,
    designed to print onto a range of packaging films
    and label materials from rough medical papers to
    glossy packaging films.
  • Based on the end-user spectrum, the market share
    from other segments are poised to depict a CAGR
    of nearly 2.1 through 2027. This segment
    includes automotive, outdoor labels, and other
    industries. Thermal transfer ribbons are widely
    used in brand protection and product
    authentication labels, which often adopt UV
    invisible resins to produce invisible bar codes
    to help differentiate between original and
    counterfeit products by investigators.
  •  

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6
  • Competitive Analysis
  • Inkstar, Dai Nippon Printing Co., Ltd., General
    Co., Ltd., Honeywell International, Inc., Zebra,
    ITW Thermal Films, Armor, and IIMAK are some of
    the key players operating in the Thermal Transfer
    Ribbon Market.

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7
Latest Research Report On Thermal Transfer Ribbon
Market_at_ https//www.gminsights.com/industry-analys
is/thermal-transfer-ribbon-market Request for
sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
4915 Request for customization
https//www.gminsights.com/roc/4915
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Rights Reserved
www.gminsights.com
8
Stay In Touch You can visit us at
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Thank You!
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