According to a market report by Lucintel, the future of the global printing ribbon market looks promising with opportunities in the flexible film printing, health care label, logistic & shipping label, lumber tag, and textile tag markets. The global printing ribbon market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are expansion of e-commerce necessitating effective packaging options, increasing use of automated identification, and growing requirement for product identification in the retail sector.
A more
than 150-page report to understand trends, opportunity and forecast in global printing
ribbon market to 2030 by type (full resin, full wax, and wax-resin), substrate type
(paper and polymer), application (flexible film printing, health care labels,
logistics & shipping labels, lumber tags, textile tags, and others), end
use (chemicals & materials, food & beverage, healthcare &
pharmaceuticals, textile, wood working & furniture, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, wax-resin is expected to witness the
highest growth over the forecast period due to its affordable options with
different levels of durability.
Within the
application category, logistic & shipping label is expected to witness the
highest growth due to ability to withstand abrasion, fading, and smearing.
Download
sample by clicking on printing ribbon
market.
In terms
of regions, North America is expected to witness the highest growth over the
forecast period due to the regions rapidly growing use of automated
identification technologies and its thriving retail industry.
Allavelli
Michele, AlphaCard, ARMOR GROUP, Australian Printed Ribbon, Dai Nippon
Printing, Dover Corporation, Entrust Datacard Corporation, Evolis Group, Gravic
Group, HID Global Corporation are the major suppliers in the printing ribbon market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
Explore Our Latest Publications
No comments:
Post a Comment