Card Printer Ribbons Market set to Register 3.9% CAGR During 2018-2028 According to Market Forecasts
For Requesting a Sample Copy of This Report, Please Visit @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3810
Demand for Superior Quality ID Cards to Support the Growth of Card Printer Ribbons
Retailers in the global market are pushing for superior ID cards and better printing experience with a view to spur the entire manufacturing process and associated activities. This has compelled manufacturers of card printers to shift towards thermal printing technology. Large scale end use industries are focusing on updating their employee ID cards with latest cost efficient technology. This is expected to trigger the use of card printer ribbons in the following years. Additionally, growing demand for superior quality ID cards from information technology sector is also anticipated to contribute to the health of the global card printer ribbons market.
Inquire more or share questions if any before the purchase on this report @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-3810
Increasing use of cards for withdrawals and payments has changed the preference of consumers towards cashless payments. The trend of “go cashless” is rising as increasing number of individuals are using banking cards to carry out transactions in retail stores, supermarkets, restaurants and cafes across the globe. Changes in customer preferences to facilitate convenience and ease in transactions, enhanced security and cashless payment has triggered the demand for cards in various end use industries. This increasing demand is expected to boost the growth in demand of the card printer ribbons in the years to follow.
According to Future Market Insights, the global market for card printer ribbons is expected to reach a significant valuation of around US$ 997 Mn by end of the year of assessment (2028) from a value of about US$ 653 Mn in 2017. The global card printer ribbons market is projected to expand at a value CAGR of 3.9% throughout the period of assessment 2018-2028.
Environmental Concerns Associated with Disposal of Cards, Consumables and Printers to Hinder Global Market Growth
Card printers have an average life of about 8 years from the date of manufacture, depending upon its use, post which they are usually discarded. Considering their disposal across the entire globe, it adds to the cumulative electronic waste. In addition, the disposal of huge volumes of ribbons and papers adds to total amount of non-degradable electronic waste generated in a year. This has steered the attention of government bodies and environment watchers, such as Environmental Protection Agency (EPA), who have imposed stringent regulations and rules regarding disposal of electronic consumables and card printers. The printing ink used in card printing contains harmful chemicals, whose disposal can have a high negative impact on the health of the environment. This is expected to hinder the growth of the global card printer ribbons market.
Manufacturers involved in this market are focusing on developing ribbons that pose minimal threat to environment. However, this calls for additional and higher investments, which has slowed down the rate of development. Key players involved in the global card printer ribbons market are Zebra Technologies Corporation, Evolis S.A., ASSA ABLOY AB, Dai Nippon Printing Co., Ltd., HiTi Digital, Inc., Matica Technologies AG, Entrust Datacard Corporation, IDP Corp., Ltd., ICard Solutions (India) Private Limited, Kanematsu USA Inc., Magicard Ltd., AlphaCard, NBS Technologies Inc., Best Barcode System Private Limited and Pointman Technologies Inc.
Key Highlights of the Global Card Printer Ribbons Market
By type, colour segment is expected to be highly lucrative and is anticipated to witness increasing demand from end use industries. This segment dominated the global market in the past and is poised to resume with this trend in the years to follow
By printing type, dual sided segment is the most lucrative and is projected to expand at a significant rate during the assessment period
Adoption of card printer ribbons is expected to grow in banking, followed by the government sector. Sale of card printer ribbons in banking is estimated to cross US$ 300 Mn by end of 2028
China has shown high inclination towards use of card printers since past years, owing to high adoption in the manufacturing industry of the region. Moreover, this has spurred the use of card printer ribbons in the country and is expected to grow at a high rate in the following years
Customized Research Report As per your Requirements @ https://www.futuremarketinsights.com/customization-available/rep-gb-3810
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Card Printer Ribbons Market set to Register 3.9% CAGR During 2018-2028 According to Market Forecasts here
News-ID: 1336424 • Views: 95
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Card
Fuel Card Market 2022
Fuel cards also known as fleet cards are being used to make payments for fuels, maintenance and repair of vehicles. These cards are mostly used by businesses managing fleet of vehicles. Fuel card market is witnessing lot of partnerships as many fuel companies are offering their own branded fuel cards. Fuel card issuers are also focusing on telematics, enabling the fleets to save on fuel. Wireless fueling is an emerging
Prepaid Card Customer Analytics
Summary Prepaid Card Customer Analytics is a powerful interactive tool providing direct answers to the questions that are central to developing a customer-centric product and marketing strategy. It speeds up the analysis of the global prepaid card customer by offering essential insight at a country and demographic level across 29 countries. Request Sample Report Here: http://www.reportbazzar.com/request-sample/?pid=439704&ptitle=Prepaid+Card+Customer+Analytics&req=Sample Synopsis – See exactly where to focus product development and marketing activity based on country level data on
One card, many possibilities
Cost-effective and flexible low-profile PCIexpress card for CAN, LIN and other bus systems With the new CAN-IB100/PCIe IXXAT is treading new ways in terms of field bus interface cards. The passive CAN PCIexpress card is based on a modern and highly modular concept. Due to this, it is very flexible and versatile, and all this at a very low price. Besides the standard version, the interface card is also available as low-profile
proximity card,rfid card IC: EM4102,T5577,Mifare 1K,I CODE SLI,etc. Craft:offset printing,laser logo and number Size:CR80,etc Proximity Card Specification Frequency LF(Low Frequency): 125KHz HF(High Frequency): 13.56MHz RFID IC LF: Unique EM4100/4102, GK4001 R/W EM4550, Atmel T5557/5567, Hitag1/2, HitagS 2048 HF: ISO14443A Mifare Standard 1k/4k, Mifare Ultralight, Mifare DESfire
Detailed Product Description EM4100 card 1.L86*W54 *T1.8 (+ or - 0.04)mm 2.materials:PVC,ABS,PET 3.Access control,indentification EM4100 card 1. Frequency: 125KHz 2. Capacity: 64bit 3. Material: PVC, ABS EM4102/ EM4100 card, LF card, RFID card Chip: μ EM Switzerland micro-power, EM4100/EM4102 Capacity: 64bit Frequency: 125KHz Read range: 2-15cm Life: Unlimited reading times Dimensions: ISO standard card/thick card Material: PVC, ABS Applications: Identification, attending system, accessing system, etc Also we have RFID
Plastic card 1.Material: PVC or paper 2.Size: 86mmx54mm or other size as required. 3.Thickness: 0.3mm; 0.5mm; 0.76mm Plastic card 1) Card material: High quality PVC, pet 2) Size: ISO standard size 85.5*54*0.76mm 3) Product: Offset printing card, polished card 4) Professional design 5) Various crafts, shapes, sizes are available Card material PVC/PET/ABS/Paper Card size ISO standard size 85.5*54*0.76mm (Customers requirements are available) Available craft magnetic strip, photo, embossment, hot-stamping, signature panel,