The global Heat Transfer Vinyl market is expected to reach USD308.8 million by the end of 2026.

Global Heat Transfer Vinyl (HTV) Market Report 2021 by Key Players, Types, Applications, Countries, Market Size, Forecast to 2027 (Based on 2020 COVID-19 Worldwide Spread)

Infinity analysts forecast the global Heat Transfer Vinyl market to grow at a CAGR of 3.8% during the forecast period, according to their latest market research report.

Heat transfer vinyl are printable material primarily used on textile fabric and clothing items as a means to print trending designs and patterns. Heat transfer vinyl is made up of polymer material, usually polyurethane or polyvinyl chloride, and is available on clean carrier sheets. Several shirts, tees, reusable tote bags, jerseys, and other apparel make use of heat transfer vinyl.

The increasing sale of customized printed tees and shirts and rising product demand for printing on sports apparel and jerseys are the influential primary factors that would bolster the prospects of market growth during the forecast period. The use of heat transfer vinyl prints and patterns on team jerseys and club kits have increased in recent times, which would propel the growth prospects of the market. The heat transfer vinyl are relatively affordable to use and inspire quick printing of patterns on a wide variety of textile clothing. The rapid increase in demand for printed tees and shirts following contemporary trends would improve the growth of the market during the forecast period. The rise in the sale of printed tote bags using heat transfer vinyl has also caught the attention of retailers, who wish to stock printed products for increased sales. The consistent rise in sales of jerseys and sports apparel that exclusively make use of heat transfer vinyl has led to higher product demand, boosting the market growth. The rapid vinyl printed product demand from emerging countries and a gradual rise in the product application on personalized gift items wouldoffer key players with new opportunities for product sales and business expansion over the forecast period.

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.

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Top key players @ Boehringer Ingelheim, Bristol-Myers Squibb Company, F. Hoffmann-La Roche AG, Gilead Sciences, Inc., GlaxoSmithKline plc, Johnson & Johnson, Merck Group, Viatris Inc., Pfizer Inc., Cipla, Teva Pharmaceutical Industries Ltd., and AbbVie.

Universal Heat Transfer Vinyl, Standard Heat Transfer Vinyl, Stretchable Heat Transfer Vinyl, Glossy Heat Transfer Vinyl, Glitter Heat Transfer Vinyl, and Flock Heat Transfer Vinyl are covered in the Type segment of the market scope. In contrast, theApplication segment is categorized intoShirts, Hats, Koozies, Tote Bags, Jerseys, and Headbands. The report covers Consumption volume of the global market by Application, with the volume expressed in Million Square Meter. The Type segment is calculated in terms of Production value and volume.

The volume of the Jerseys Consumptionby Application is estimated to garner 37.9 Million Square Meter by 2026; growing at a CAGR of 4.4%from 2020 to 2026. The increasing sale of sporting jerseys and official club kits have improved the application of heat transfer vinyl. The gradual rise in demand for jerseys in developing countries would continue to influence the growth of the segment in the coming years.

North America, Europe, AsiaPacific, South America, and Middle East & Africa are taken into consideration while arriving at the global volume and value figures. While North America is further categorized into the United States, Canada, and Mexico, Europe is split into the United Kingdom, Germany, France, Italy, Russia, and Rest of Europe. Asia-Pacific covers India, China, Japan, South Korea, and Rest of Asia Pacific in its scope. South America is bifurcated into Brazil, Argentina, and Rest of South America, with Middle East & Africa involvingGCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

AsiaPacific is a prominent region and holds a substantial share in terms of overall consumption volume. The upcoming sale of fabric and clothing items with printed patters using heat transfer vinyl has been the primary factor to propel the regional market growth. Additionally, the increase in spending power of the local customers and rising instances of personalized message printing on gift items would bolster the market growth in the region.

TABLE OF CONTENT:
1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2019-2025
14 Analyst’s Viewpoints/Conclusions
15 Appendix

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