The Elevating Demand for Good Quality Labeling across Rainbow of Applications to Invite Growth on Horizon of Thermal Transfer Labels Market, TMR predicts CAGR of 5.5% between 2019 and 2025
- The fulfillment of marketing objectives in an efficient manner by the use of thermal transfer labels may ring the bells of growth for the global thermal transfer labels market
- Developing countries like India and China may serve as hotspots of growth for the thermal transfer labels market due to the growing retail market sector
22 Jul, 2020, 10:50 ET
ALBANY, N.Y., July 22, 2020 /PRNewswire/ -- The efficiency of thermal transfer labels, when compared to other labels in diverse aspects, may bring exponential growth for the thermal transfer labels market during the forecast period of 2019-2025. The thermal transfer labels market may garner considerable momentum on the back of technological advancements throughout the printing industry. Digital printing technology used for printing thermal transfer labels may help in enhancing the image quality and invite great growth prospects.
Based on the aforementioned parameters, the global thermal transfer labels market was valued at ~US$ 2 bn in 2019 and is prognosticated to expand at a CAGR of 5.5% across the forecast period of 2019-2025 according to the analysts at Transparency Market Research (TMR).
The increasing adoption of thermal transfer labels across various end-user industries like food and beverages, industrial goods and products, retail labels, tracking, logistics and transportation, healthcare, and others may serve as robust pillars of growth for the thermal transfer labels market between 2019 and 2025.
Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php
Thermal Transfer Labels Market: Major Insights
- The demand for barcodes to streamline the process and tracking of shipments may garner expansive growth for the thermal transfer labels market during the forecast period
- Supportive government policies to serve as a prominent growth generator for the thermal transfer labels market
- Demand for thermal transfer labels in the healthcare sector is observing impressive growth; these labels are mainly used for patient ID systems, leading to minimal medical errors
- Developing economies like India and China have a large base of retail markets, which can help in the growth of the thermal transfer labels market; this aspect underpins a good growth rate for the thermal transfer labels market
Explore 170 pages of in-depth research, incisive insights, and detailed country-level projections. Analyze and discover the latest developments in the Thermal Transfer Labels Market (Material: Paper, Polyester, Polypropylene, Polyethylene, and Others; Printer Type: Desktop, Industrial, and Mobile; Application: Food & Beverages, Healthcare, Tracking, Logistics, and Transportation, Industrial Goods & Products, Semiconductor & Electronics, Retail Labels, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2025 at https://www.transparencymarketresearch.com/thermal-transfer-label-market.html
Thermal Transfer Labels Market: Growth Boosters
Thermal transfer labels play a major role in broadcasting branding and business communication. This aspect may bring great growth prospects for the thermal transfer labels market.
- Thermal transfer labels aid in protecting the products from counterfeiting and serve as an important growth propeller for the thermal transfer labels market
- The encouragement by various countries to adopt eco-friendly labeling and packaging solutions across almost all industries may help the thermal transfer labels market garner extra stars of growth
- The immense expansion of the retail sector across the globe may assist in bringing great growth prospects for the thermal transfer labels market during 2019-2025
- Sustainable thermal transfer labels may be the next big thing in the thermal transfer labels market; numerous companies have already started manufacturing and distribution of such labels
Request the Covid19 Impact Analysis across Thermal Transfer Labels Industries and Markets
How do Regulatory Legislations Restrain Growth of Thermal Transfer Labels Market?
Governments of various countries are implementing regulations on label and packaging regarding information disclosure. The regulatory legislations urge manufacturers in the packaging and labeling sector to strictly adhere to the guidelines issued by them. This aspect limits the scope of marketing objectives of product manufacturers, businesses, or brands. Therefore, it impacts the growth of the thermal transfer labels market in a negative manner.
In addition, information disclosure regulations also affect the design pattern flexibility greatly. Hence, this factor serves as a major growth obstacle for the thermal transfer labels market and limits its growth potential.
Purchase Premium Research Report on Thermal Transfer Labels Market at https://www.transparencymarketresearch.com/checkout.php
The global thermal transfer labels market can be segmented as follows:
By Printer Type
- · Food & Beverages
- · Healthcare
- · Tracking, Logistics, and Transportation
- · Industrial Goods & Products
- · Semiconductor & Electronics
- · Retail Labels
- · Others
- North America
- Latin America
- Asia Pacific Excl. Japan
- Middle East & Africa
Explore Transparency Market Research's award-winning coverage of the Global Packaging Industry:
Labels Market – The labels market is at the cusp of some very significant changes and these are taking it on a high growth trajectory over the period of 2019 to 2027. Technology plays a key role in propelling growth in the market and determine market share for players operating the playfield. Some of the factors that are massive contributors to growth is going demand for pressure sensitive labels owing to their cost and versatility and increasing efficacy – an outcome of aggressive and proactive measures from players.
Waterproof and Weatherproof Label Market – The market for waterproof and weatherproof labels is expected to grow at a steady rate over the coming years. Transparency Market Research forecasts that the CAGR for the period between 2017 and 2025 would settle at 5.0%. The market that was valued at US$16.09 billion in 2017 is anticipated to escalate to a value of US$23 billion by 2025. Based on the printing technology, the market is segmented into thermal printed labels digital printed labels, flexographic printed, and lithographic printed labels.
Functional and Barrier Coatings for Paper Market – Functional and barrier coatings are applied on paper with various barrier and functional materials to enhance the performance of paper. Functional and barrier coatings provide barrier to oil, water vapors, grease, and enhance printing capabilities of paper & paperboard products. Paper & paperboard are prominently used for foodservice disposables, printing, and packaging applications. Consumers demand products that are clean, dry, and damage-free.
Droppers Market – Droppers are used for accurately dispensing drops from bottles. In the scope of research, only those droppers are considered that are available with bottles, and we have excluded those droppers that are made from plastic and are attached to bottles. Glass and plastic pipettes are also excluded from the market scope. Shift in the demand for composite materials is expected to benefit the growth of the global droppers market. Among the end uses, the pharmaceuticals segment is anticipated to remain prominent in the global droppers market.
Gain access to Market Ngage, an AI-powered, real-time business intelligence that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today. With over 15,000+ global and country-wise reports across 50,000+ application areas, Market Ngage is your tool for research on-the-go. From tracking new investment avenues to keeping a track of your competitor's moves, Market Ngage provides you with all the essential information to up your strategic game. Power your business with Market Ngage's actionable insights and remove the guesswork in making colossal decisions.
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Mr Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/thermal-transfer-label-market.htm
SOURCE Transparency Market Research
Share this article