Thermal Transfer Ribbon Market Size in Europe Industry Growth, Feasibility and Forecasts
Category: #business  By Ronak Bora  Date: 2021-05-04
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Thermal Transfer Ribbon Market Size in Europe Industry Growth, Feasibility and Forecasts

The Europe thermal transfer ribbon market size is reported to become worth $520 million by 2027, according to market experts. The cause for this major growth is due to the increasing activities in the logistics and transportation industry and the wide range of applications this product offers to different industries.

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Thermal transfer ribbons are made of polyester films that have different coating layers. The process of making these ribbons starts with applying the coating material on paper by melting the coat with the help of heat transfer. This type of printing is done on surfaces that have a higher risk of receiving thermal damage and is also done in situations where the printing must be highly durable.

The thermal transfer ribbons have a wide variety of use across different industries such as logistics and transportation, shipping, retail, healthcare and many more. The largest consumer of these ribbons is the logistics and transportation sector. This is because today, the leaders of this industry are using different kinds of advanced technologies to create and offer highly innovative logistics solutions to the end user.

The thermal transfer ribbon market in Europe has been segmented into different types products, one of them being wax thermal ribbons. These ribbons have a high wax ratio with high abrasion resistance rate and produce excellent quality prints. They are highly economical as well which makes end-users prefer them over others. They have a wide range of applications; some of them are carton labeling, printing tags and labels, shipping labels and producing labels for general use. This product will reportedly be one of the major drivers of this industry.

The wax-resin ribbon, another variant of the thermal transfer ribbons, is also expected to show tremendous growth during the forecast period in Europe thermal transfer ribbon market. One of the major reasons cited for this product’s demand is its high print durability rate even during changing weather conditions and temperatures.

The technology that will drive the development of Europe thermal transfer ribbon market is the flat printhead technology. This technology has a wide range of uses and is more user-friendly than the near-edge printhead, its counterpart. The flat printhead printer finds its use for all kinds of thermal transfer ribbons such as wax ribbons, wax-resin ribbons and resin ribbons.

When it comes to different applications of the thermal ribbon, the industrial printer is apparently showing the most promising growth rate during 2021-2027. These are the most preferred printers among others as they possess multi-functional properties. Industrial printers can print high-quality, durable labels and can be used in several industries. The rise in the use of these printers will help boost Europe thermal transfer ribbons market growth.

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Some of the main producers in Europe thermal transfer ribbon market are LEONHARD KURZ Stiftung & Co., CALOR GmbH, Tanto UK Ltd., ALTech UK Labelling Technologies Ltd., EURO Srl, ARMOR SAS, Union Chemicar UK Ltd. and few more.

Browse Related Report:

North America Thermal Transfer Ribbon Market Size, By Print Head (Near edge, Flat type), By Product (Resin Ribbon, Wax-Resin Ribbon, Wax Ribbon), By Application (Desktop printer, Mobile printer, Industrial printer), By End-user (Manufacturing, Healthcare, Entertainment & hospitality, Logistics & Transportation, Retail, Others), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts 2021 – 2027

https://www.graphicalresearch.com/industry-insights/1673/north-america-thermal-transfer-ribbon-market

Asia Pacific Thermal Transfer Ribbon Market Size By End-user (Entertainment & hospitality, Healthcare, Manufacturing, Retail, Logistics & Transportation), By Application (Industrial Printer, Desktop Printer, Mobile Printer), By Product (Wax-resin Ribbon, Resin Ribbon, Wax Ribbon), By Print head (Flat type, Near edge), Research Report, Country Outlook, Price Trends, Growth Prospects, Competitive Industry Share & Forecasts, 2021 – 2027

https://www.graphicalresearch.com/industry-insights/1726/asia-pacific-thermal-transfer-ribbon-market

Table of Contents (ToC) of the report:

Chapter 3 Thermal Transfer Ribbon Industry Insights

3.1    Industry coverage

3.2    Industry size and forecast, 2016 – 2027

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.4    Future trends

3.4.1    Innovation landscape

3.5    Raw material analysis

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Drivers

3.7.2    Restraints

3.8    Application growth mapping

3.9    Industry analysis: Porter’s

3.10    Competitive benchmarking

3.10.1    Strategy dashboard

3.11    PEST analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1717/europe-thermal-transfer-ribbon-market

About Graphical Research:                              

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

 

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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