What is Thermal Transfer Label Market Scope?
Thermal transfer labels are used to print large volumes of shipping and barcoding labels. These labels are more durable than direct thermal. A well-matched ribbon and label make a print bond so strong. A wide variety of roll and fanfold style thermal transfer labels are used, print on these labels to last more than 6 months.
The Thermal Transfer Label market study is being classified by Type (Paper , Polyester , Polypropylene (PP) , Polyethylene (PE) and Others), by Application (Transportation , Logistics , Electronics , Industrial Goods and Healthcare) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Thermal Transfer Label market throughout the predicted period.
Honeywell International (United States), 3M Company (United States), CCL Industries Inc (Canada), Henkel (Germany), Inland Label and Marketing Services LLC (United States), Coveris Holdings S.A (Austria), Multi-Color Corporation (United States), LINTEC Corporation (Japan) and WS Packaging Group, Inc (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Thermal Transfer Label market by Type, Application and Region.
On the basis of geography, the market of Thermal Transfer Label has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In July 2019, Multi-Color Corporation has announced, the anticipated acquisition of the Company by an affiliate of Platinum Equity, a leading private equity firm, has now completed. Multi-Color Corporation merged with a subsidiary of WS Packaging, another label solutions leader within Platinum Equity's portfolio of companies.
Influencing Market Trend
- The advent of Thermal Transfer Labels to Print Barcodes at High Speeds
- A Wide Variety of Roll and Fanfold Style Thermal Transfer Labels
Market Drivers
- Increase in Number of Retail Outlet in Worldwide
- Increase in Sell of Packaged Products in Developing Countries
Opportunities
- Growth in E-Commerce Industry across the World
Restraints
- Availability of Substitute includes Thermal Direct Printer
Challenges
- Lack of Awareness and Limited Adoption in Rural Area
Key Target Audience
Thermal Transfer Labels Manufacturer, Supplier/Distributor, Regulatory & Government Bodies, Private Organizations, Healthcare Industry and End-User
Customization available in this Study:
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