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2023 Global Thermal Transfer Label Market Growth, Size, Share, Industry Report And Trends 2023

Thermal Transfer Label Market Report

Thermal Transfer Label Market Report

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Thermal Transfer Label Market Size, Growth Rate, And Forecast:
The global thermal transfer label market size grew from $2.68 billion in 2022 to $2.93 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The thermal transfer label market size is expected to grow to $3.89 billion in 2027 at a CAGR of 7.3%.

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Thermal Transfer Label Market Drivers:
Rapid growth in the e-commerce sector is significantly contributing to the growth of the thermal transfer label market. E-commerce refers to the buying and selling of products using the internet. It includes internet-based activities such as product purchasing and selling, as well as monetary transactions. With the rise of online shopping, there is a greater demand for a variety of labels and packaging. For instance, according to the India Brand Equity Foundation (IBEF), an India-based government agency, the e-commerce market is expected to increase from $46.2 billion in 2020 to $111.40 billion in 2025 and it is expected to reach $350 billion by 2030. Therefore, rapid growth in the e-commerce sector is driving the growth of the thermal transfer labels market.

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Thermal Transfer Label Market Segments
•By Material: Paper, Polyester, Polypropylene (PP), Polyethylene (PE), Other Materials
•By Printer Type: Desktop, Industrial, Mobile
•By End User: Food and Beverages, Healthcare, Tracking, Logistics, and Transportation, Industrial Goods and Products, Semiconductor and Electronics, Retail Labels, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Thermal Transfer Label market.

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Thermal Transfer Label Market Key Players:
Major competitors in the thermal transfer label market include 3M Company, Constantia Flexibles Group, CCL Industries Inc., Coveris Holdings S.A, Henkel AG & Co.

The Business Research Company's "Global Thermal Transfer Label Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Thermal Transfer Label Market Include:
1. Executive Summary
2. Thermal Transfer Label Market Characteristics
3. Thermal Transfer Label Market Trends And Strategies
4. Thermal Transfer Label Market - Macro Economic Scenario
5. Thermal Transfer Label Market Size And Growth
....
26. Africa Thermal Transfer Label Market
27. Thermal Transfer Label Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Thermal Transfer Label Market
29. Thermal Transfer Label Market Future Outlook and Potential Analysis
30. Appendix

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