India thermal transfer ribbons market is
expected to grow at a steady rate during the forecast period. India thermal
transfer ribbons market is driven by their widespread use in printing,
labelling and barcoding applications. This has led to an increase in demand for
thermal transfer ribbons across various end user industries such as healthcare,
retail & e-commerce, transportation & logistics, among others.
Additionally, these ribbons help in producing high resolution and dense images,
which are resistant to chemicals. This in turn is expected to positively
influence the market growth through FY2026. Besides, technological advancements
and new product launches by the major players operating in the market is
expected to create lucrative opportunities for the market growth over the next
The India thermal transfer ribbons market
is segmented based on type, application, end user industry, company and region.
Based on type, the market can be categorized into wax-resin material, resin
material and wax material. Here, the wax material is expected to dominate the
market on account of its cost effectiveness, superior abrasion, resistance and
suitability for general purpose printing on paper stocks. Additionally, these
are used for general purpose labelling, retail tags & labels, shipping
labels, carton labelling, among others.
Major players operating in the India thermal
transfer ribbons market include Zebra Technologies India
Pvt Ltd, Todaytec India Private Limited, SATO Argox India Private Limited, ARMOR
India, Honeywell India, AIDC Products India Pvt Ltd. (Datamax), PM Labels (Mindware), Rachna Overseas Pvt.
Ltd., SKH Labels & Machinery, PAC EDGE LABELS PVT. LTD. and others. The
companies are developing advanced technologies and launching new products in
order to stay competitive in the market. Other competitive strategies include
mergers & acquisitions.
considered for this report:
Historical Years: FY2016-FY2019
Base Year: FY2020
Estimated Year: FY2021
Forecast Period: FY2022–FY2026
Objective of the Study:
- To analyze and estimate the market size of India thermal transfer
ribbons market from FY2016 to FY2019.
- To estimate and forecast the market size of India thermal transfer
ribbons market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India thermal transfer ribbons market
based on type, application, end user industry, company and regional
- To identify dominant region or segment in the India thermal
transfer ribbons market.
- To identify drivers and challenges for India thermal transfer
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India thermal transfer
- To identify and analyze the profile of leading players operating in
India thermal transfer ribbons market.
- To identify key sustainable strategies adopted by market players in
India thermal transfer ribbons market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the country. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the country.
Research calculated the market size of India thermal transfer ribbons market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Thermal transfer ribbons manufacturers,
suppliers, distributors and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
thermal transfer ribbons
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers,partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
In this report, India thermal transfer
ribbons market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- India Thermal Transfer Ribbons Market, By Type:
- India Thermal Transfer Ribbons Market, By Application:
- India Thermal Transfer Ribbons Market, By End User
- IT &
- India Thermal Transfer Ribbons Market,
Company Profiles: Detailed analysis of the major
companies present in India thermal transfer ribbons market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
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ribbons market is an upcoming report to be released soon. If you wish an early
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- Detailed analysis and profiling of
additional market players (up to five).