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Direct Thermal Labels Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

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Global Direct Thermal Labels Market

Labels are an essential packaging accessory widely used across major industries. Direct thermal labels are one such type of labels which finds major application in food and beverages, retail, electronics and industrial goods. The direct thermal labels has a specially coated layer which gets chemical activated after application of heat through the print head of the printer. Direct thermal labels do not require transfer ribbon, toner or ink. The direct thermal labels are used across a variety of applications such as in shipping labels, event ticketing, retail bills or receipts and many other such applications. End users of direct thermal labels market, especially in food and beverages and consumer goods sector are in search of low cost solutions such as direct thermal labels. 

Global Direct Thermal Labels Market: Drivers and Restraints 

The global direct thermal labels market has witnessed robust growth in recent years, thanks to the increasing adoption of direct thermal labels in food and beverages industry.  Healthy growth in food and beverages industry is anticipated to be the major growth driver for the global direct thermal labels market over the forecast period also. Direct thermal labels are cost effective as no ink, toner or transfer ribbon is required which makes it comparatively cheap for end users in retail and consumer goods sector looking for economical solutions, ultimately driving the global direct thermal labels. Furthermore, rapid growth of e-commerce in emerging economies is also estimated to be a key driver for the growing demand in the direct thermal labels market. However, as the direct thermal labels are not durable especially when exposed to outdoors or harsh conditions. Hence, durability of direct thermal labels is anticipated to be the major restraint for the global direct thermal labels market.
Furthermore, decreasing cost of direct thermal printers in major markets of Asia is anticipated to create new opportunities for the direct thermal labels manufacturers to expand in developing markets. Moreover, growing end use sectors and applications of direct thermal labels as a low cost alternative to the conventional labelling solutions is also creating new opportunities for the label manufacturers.

Global Direct Thermal Labels Market: Segmentation

On the basis of face stock material direct thermal labels market is segmented as paper and plastic. Plastic segment of the global direct thermal labels market is further segmented as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. On the basis of type of end use the global direct thermal labels market is segmented food & beverages, consumer goods, pharmaceuticals, personal care and cosmetics, and others. The retail industry is anticipated to register highest growth. Moreover food and beverages industry is anticipated to witness lucrative growth over the forecast period especially in Latin America and Asia Pacific.   

Global Direct Thermal Labels Market: Regional Outlook

On the basis of region the global direct thermal labels market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East and Africa. Asia pacific is anticipated to be the fastest growing market owing to the robust growth in consumer goods and food and beverages sector. Followed by Europe, North America is anticipated to grow at healthy growth rate. However, Europe is anticipated to register moderate growth in terms of value. Latin America and Middle East & Africa both collectively anticipated to registered slower growth, still growing manufacturer and investor confidence in end use industries in the region is anticipated to create new opportunities for the global direct thermal labels market.

Global Direct Thermal Labels Market: Key players

Some of the players in the global direct thermal labels market are:

  • Avery Dennison Corporation
  • Labelmakers Group Pty Ltd.
  • Blanco Inc.
  • 3M Company
  • Brady Corporation
  • Constantia Flexibles GmbH
  • Müroll GmbH
  • Consolidated Label Co
  • Hub Labels
  • Premier Label Company Inc.
  • A & S Labels Pvt Ltd.

The Report covers exhaustive Analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends /Issues/Challenges
  • Competition & Companies involved
  • Technology

Regional Analysis includes:

  • North America 
  • Latin America 
  • Europe 
  • Asia Pacific
  • Middle East & Africa 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


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