Press release
Direct Thermal Labels Market at 4% CAGR : Development, Market Trend, Segmentation and Forecast to 2023
Market Research Future published a research report on “Global Direct Thermal Labels Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Global Direct Thermal Labels Market Information Report by Face stock Material (Paper and Plastic), by Application (Food & Beverages, Pharmaceuticals, Personal Care, Retail and Others) and By Region - Forecast To 2023
Market Scenario
On the basis of regions, global direct thermal labels market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific dominates the global direct thermal labels market. It is expected to be the fastest growing region for direct thermal labels market. Rapid growth in e-commerce and transportation sectors, is driving the growth of the market in Asia-Pacific region. The growing organized retails have widened the scope of warehousing solutions, which staggers the demand for direct thermal labels. North America is expected to contribute significantly during the forecast period.
Global Direct Thermal Labels Market has been segmented based on face stock material, application and region. On the basis of face stock material, the market is segmented as paper and plastic. Different types of plastic such as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others are used in face stock. These synthetic direct thermal labels offer better durability, longer-lasting are used in face stock to abrasion, moisture, and chemicals. On the basis of applications, the market is segmented as food & beverages, pharmaceutical, personal care, retail and others. Food & Beverages segment dominates the application segment of the market. Growing demand of processed and packaged food across the globe, is driving the demand of the market. The retail segment is anticipated to register the highest growth rate during the forecast period.
Global Direct Thermal Labels Market is expected to grow at a CAGR of 4% during the forecast period.
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Direct thermal labels are chemically treated, heat sensitive labels that print without the use of a ribbon. These labels are less expensive but have a shorter life span as the image will fade with time and light exposure.
The prominent players in the direct thermal labels market include Technicode, Inc. (Michigan), Avery Dennison Corporation (U.S.), 3M Company (U.S.), NPI (U.S.), AM Labels Ltd (UK), Resource Label Group (US), Thermal Label Warehouse LLC (U.S.), Brady Corporation (U.S.), Consolidated Label Co (U.S.), and Labelmakers Group Pty Ltd (Australia).
Access Full Report @ https://www.marketresearchfuture.com/reports/direct-thermal-labels-market-4093
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Direct Thermal Labels Market, By Face Stock Material
4.1 Paper
4.2 Plastic
5 Global Direct Thermal Labels Market, By Application
5.1 Introduction
5.2 Food & Beverages
5.3 Pharmaceuticals
5.4 Personal Care
5.5 Retail
5.6 Others
6 Regional Market Analysis
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Continues..
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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