Lucintel Forecasts The Global Thermal Transfer Ribbon Market To Reach $3 Billion By 2030

By Author: Lucintel LLC
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According to a market report by Lucintel, the future of the global thermal transfer ribbon market looks promising with opportunities in the entertainment & hospitality, healthcare, retail, transport & logistics, and manufacturing markets. The global thermal transfer ribbon market is expected to reach an estimated $3 billion by 2030 from $2 billion in 2024 at a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are increasing demand from a variety of end-user sectors for educational packaging, growing need for high-definition, smudge-resistant tags and labels, and rising need for flat head technology in desktop, mobile, and industrial printers.
A more than 150-page report to understand trends, opportunity and forecast in thermal transfer ribbon market to 2030 by print head (flat head, near edge, and others), product (wax ribbon, wax resin ribbon, resin ribbon, and others), application (desktop printer, mobile printer, industrial printer, and others), end use industry (entertainment and hospitality, healthcare, retail, transport and logistics, manufacturing, and others), and region (North America, ...
... Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that flat head is expected to witness higher growth over the forecast period because the print head rests flat on the media and ribbon and it allows for speedier, higher-quality printing at lower font sizes.
APAC is expected to witness the highest growth over the forecast period due to growing FDI in a wide range of industries across the region.
Download sample by clicking on thermal transfer ribbon market.
Inkstar, Dai Nippon Printing, Honeywell Printing, ARMOR, Zebra, ITW Thermal Films, Hangzhou Todaytec Digital, The Ricoh Company, IIMAK, TSC Auto ID Technology are the major suppliers in the thermal transfer ribbon market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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