Press release
Thermal Transfer Label Market to Expand at a Healthy CAGR of 5% through 2031
Thermal Transfer Label Market
Thermal transfer labels are used in logistics for packaging, labelling, tracking, and identifying in industries such as e-Commerce, food & beverages, transportation, retail, semiconductors, and other industries. These labels can be printed using a desktop printer, mobile printer, or even industrial printers.
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Key Market Segments
Material
Paper Thermal Transfer Labels
Polyester Thermal Transfer Labels
PP Thermal Transfer Labels
PE Thermal Transfer Labels
Other Materials
Printer Type
Desktop Thermal Transfer Labels
Industrial Thermal Transfer Labels
Mobile Thermal Transfer Labels
Application
Thermal Transfer Labels for Food & Beverages
Thermal Transfer Labels for Healthcare
Thermal Transfer Labels for Trading, Logistics & Transportation
Thermal Transfer Labels for Industrial Goods & Products
Thermal Transfer Labels for Semiconductors & Electronics
Retail Thermal Transfer Labels
Thermal Transfer Labels for Other Products
Region
North America
Latin America
Europe
Japan
APEJ
Middle East Africa
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Some Notable Offerings by Fact.MR Report on Thermal Transfer Label market:
• Fact.MR will provide you an analysis of the extent to which this Thermal Transfer Label market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.
Key Takeaways from Market Study
Demand for thermal transfer labels for trading, logistics & transportation applications is expected to grow 1.8X over the next ten years, and account for nearly 70% of the market share by 2031.
The APEJ region has the highest market share since the past five years with an average market share of 32% to 34%, and is expected to stay in the top place with an average share of 35% to 38% over the forecast period.
Paper thermal transfer labels hold major market value share as compared to polyester thermal transfer labels, with nearly 1.2X market value.
The market in Japan is expected to present an absolute $ opportunity of US$ 277 Mn over the forecast period.
The market in Latin America is projected to expand at a CAGR of over 5% from 2021 to 2031, while Mexico is expected to gain 816 BPS by 2031.
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After reading the Market insights of Thermal Transfer Label Report, readers can:
• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Thermal Transfer Label market revenue.
• Study the growth outlook of Thermal Transfer Label market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Thermal Transfer Label market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Thermal Transfer Label Market Players.
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Competitive Landscape
The global thermal transfer labels market is a distributed market, with key players present across all regions.
For instance:
3M Company is one of the leading manufacturers of thermal transfer labels, and its manufacturing plants are distributed all over the world.
CCL industries Inc. is gaining more revenue by acquiring different companies across regions, which will help it increase its annual revenue.
TSC Auto ID Technology Co., Ltd. is acquiring other companies and expanding its manufacturing capacity, launching new products, and focusing on innovation in manufacturing, such as using RFID technology.
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