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Global Thermal Transfer Ribbon Market Report, History and Forecast 2015-2026, Breakdown Data by Manufacturers, Key Regions, Types and Application

Published Date: 2020-07-17   |   Pages: 115   |   Tables: 146   | Report Id: 1591368   | Hits: 20 |   Chemical & Material

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Thermal Transfer Ribbon is basically a polyester film on which are coated different layers. Ink layer is transferred to the label thanks to the heat delivered by the thermal head of the thermal printer.

Thermal transfer ribbons mainly include Wax Base, Wax/Resin Mixed Base and Resin Base. Among them, Wax Base occupies the main market share,while Wax/Resin Mixed Base and Resin Base account for 28.64% and 32.79%. Both types of Wax/Resin Mixed Base and Resin Base are high-end products. Resin Base has a higher price, which is mainly used in high-temperature and scratch-resistant printing applications and media that cannot be printed with wax-based ribbons.

The production of Wax/Resin Mixed Base and Resin Base is mainly concentrated in Europe, America and Japan. In 2019, the America will occupy the main market share. Although China is a big producer, its products are mainly concentrated in low-end products such as Wax Base. Now many domestic manufacturers can produce Wax/Resin Mixed Base and Resin Base types, and many foreign companies have transferred their production capacity to China. In the future, China will continue to increase its share of high-end products.

The downstream applications of Thermal transfer ribbons are very extensive, especially in the rapid development of intelligent manufacturing, the breadth and depth of the application of barcode recognition technology have been rapidly developed, which has effectively driven the demand for Thermal transfer ribbons. In all downstream applications, in particular, Transportation & Logistics occupies the main market share.Followed by Manufacturing and Retail, occupying 26.70% and 25.89% of the market share respectively.

Market Analysis and Insights: Global Thermal Transfer Ribbon Market

The global Thermal Transfer Ribbon market size is projected to reach US$ 1846.4 million by 2026, from US$ 1377 million in 2020, at a CAGR of 5.0% during 2021-2026.

Global Thermal Transfer Ribbon Scope and Segment

The global Thermal Transfer Ribbon market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Thermal Transfer Ribbon market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East & Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.

By the product type, the market is primarily split into

Wax Base Thermal Transfer Ribbon

Wax/Resin Mixed Base Thermal Transfer Ribbon

Resin Base Thermal Transfer Ribbon

By the end users/application, this report covers the following segments

Transportation & Logistics

Manufacturing

Retail

Other

Competitive Landscape:

The report provides a list of all the key players in the Thermal Transfer Ribbon market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product development, research, and development, and also provides revenue shares, company overview, and recent company developments to remain competitive in the market.

The Thermal Transfer Ribbon key manufacturers in this market include:

Ricoh

ITW

HANGZHOU TODAYTEC DIGITAL CO.,LTD

Zebra

TSC

Zhuoli Group (Zhuorim)

ARMOR

IIMAK

General Co., Ltd.

Dai Nippon Printing Co., Ltd.

Fujicopian

Inkstar

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