Global Thermal Transfer Overprinter Market, By Film (LLDPE, LDPE and BOPP), Type (Single Head and Multi Head), Type of Ribbon (Special, Resin and Standard), Type of Printing (Barcodes, Data Codes, Batch Codes and Graphics), Capacity (Less Than 800, 800 – 1200 and 1200 & Above), Distribution Channel (E-Commerce, B2B, Third Party Distributors and Others), Application (Food, Fresh Food, Snacks and Savoury, Pharmaceutical, Cosmetics and Personal Care, Beverage, Industrial, Tobacco and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Thermal Transfer Overprinter Market
The thermal transfer overprinter market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.7% in the forecast period of 2021 to 2028 and expected to reach USD 512,467.39 thousand by 2028. The increase in the demand of the flexible packaging in the market such as in food and beverages, the demand for the thermal transfer overprinter will increase in the industries which will help to boost the thermal transfer overprinter market.
Thermal transfer overprinting or TTO is a digital technique used to print records, dates, codes and details on lightweight, versatile packaging materials used in the manufacturing of packaging items such as films, pouches and labels. A thermal print head consisting of individual ceramic resistors that are selectively heated to pass the target image directly to the surface from a coated ribbon is used in thermal transfer technology.
The increasing demand of the print packaging in the food and beverage and pharmaceutical industries will help to boost the thermal transfer overprinter market. The availability of the other technologies for the printing of the barcodes on the packaging products can restrain the market growth for the thermal transfer overprinter market.
The innovation of the eco-friendly marking ink manufacturers will also be able to help government for the sustainable environment and also help to reduce wastage during printing which is the opportunity for the thermal transfer overprinter market. The use of the high temperature in the process can result in the adhesion on the surface which makes the code blurry acting as the challenge for the thermal transfer overprinter market.
This thermal transfer overprinter market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the thermal transfer overprinter market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Thermal Transfer Overprinter Market Scope and Market Size
The thermal transfer overprinter market is segmented on the basis of film, type, type of ribbon, type of printing, capacity, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of film, the thermal transfer overprinter market is segmented into LLDPE, LDPE and BOPP. In 2021, LLDPE segment is dominating the market globally as film is used in the manufacturing of the packaging material for the liquid containers which increases its demand globally.
- On the basis of type, the thermal transfer overprinter market is segmented into single head and multi head. In 2021, single head type is dominating globally as the machine produce the efficient printing on the packing products which increases its demand in the market.
- On the basis of type of ribbon, the thermal transfer overprinter market is segmented into special, resin and standard. In 2021, standard segment is dominating the market globally as standard ribbon is more used for the printing of the barcodes on the packed food items which increases the demand for the standard ribbon globally.
- On the basis of type of printing, the thermal transfer overprinter market is segmented into barcodes, data codes, batch codes and graphics. In 2021, barcodes segment is dominating the market globally as barcodes help to track the products and maintain the data related to product very easily which makes barcode dominate in the market.
- On the basis of capacity, the thermal transfer overprinter market is segmented into less than 800, 800 – 1200 and 1200 & above. In 2021, less than 800 capacity is dominating as the machine require less maintains which makes less than 800 to dominate in the market globally.
- On the basis of distribution channel, the thermal transfer overprinter market is segmented into e-commerce, B2B, third party distributors and others. In 2021, B2B segment is dominating is dominating as manufacturer can easily customize the machine according to the requirement which makes the B2B segment dominate in the market.
- On the basis of application, the thermal transfer overprinter market is segmented into food, fresh food, snacks and savoury, pharmaceutical, cosmetics and personal care, beverage, industrial, tobacco and others. In 2021, food segment is dominating as the food products are perishable which need to maintain proper data due to which the use of the TTO is more in food application in the global market.
Thermal Transfer Overprinter Market Country Level Analysis
Thermal transfer overprinter market is analysed and market size information is provided by country, film, type, type of ribbon, type of printing, capacity, distribution channel and application as referenced above.
The countries covered in thermal transfer overprinter market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.
Asia-Pacific dominates the thermal transfer overprinter market as in China, the production and consumption of thermal transfer overprinter is increasing in the region. Asia-Pacific region is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing demand of LLDPE in the production of the packing products for food packaging. China is leading the growth of the Asia-Pacific market due to easy production of the LLDPE films. The U.S. is dominating in North America due to more demand of glossy surface film in the printing of the labels on the packaging products while in the Europe region, Germany is dominating due to increasing demand of the LLDPE in the production of the pharmaceutical packaging products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Demand of Headphone/Earphone in Thermal Transfer Overprinter
Thermal transfer overprinter market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in Thermal transfer overprinter and changes in regulatory scenarios with their support for the Thermal transfer overprinter market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Thermal Transfer Overprinter Market Share Analysis
Thermal transfer overprinter market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global thermal transfer overprinter market.
The major players covered in the report are ID Technology, LLC, EDM CORPORATION, Linx Printing Technologies (a subsidiary of Danaher), Domino Printing Sciences plc, Markem-Imaje (a subsidiary of Dover Corporation), FlexPackPRO, Squid Ink, ITW Diagraph, Hitachi Industrial Equipment Marking Solutions Inc. (a subsidiary of Hitachi, Ltd), Koenig & Bauer Coding GmbH (a subsidiary of Koenig & Bauer AG) and CONTROL PRINT LTD., Videojet Technologies, Inc. and MULTIVAC among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of thermal transfer overprinter market.
For instance,
- In November 2020, EDM CORPORATION took part in the INTERPHEX JAPAN 2020. The company showcased the new printer technology in the exhibition. This development will help the company to increase the customer base in the future.
Collaboration, product launch, business expansion, award and recognition, joint ventures and other strategies by the market players is enhancing the company market in the thermal transfer overprinter market which also provides the benefit for organization to improve their offering for thermal transfer overprinter.
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