What is Global Direct Thermal Printing Film Market?
The Global Direct Thermal Printing Film Market is a vast and dynamic sector that has been gaining significant traction in recent years. This market revolves around the production and distribution of direct thermal printing films, which are specialized materials used in various printing applications. These films are designed to change color when exposed to heat, eliminating the need for ink, toner, or ribbons. This technology is widely used in industries such as retail, logistics, healthcare, and manufacturing, where quick and efficient label printing is essential. The global market for these films is driven by factors such as the growing demand for efficient labeling solutions, advancements in thermal printing technologies, and the increasing adoption of thermal printing in emerging economies.
White Thermal Printing Film, Transparent Thermal Printing Film in the Global Direct Thermal Printing Film Market:
Diving deeper into the Global Direct Thermal Printing Film Market, we find two primary types of thermal printing films: White Thermal Printing Film and Transparent Thermal Printing Film. White Thermal Printing Film is a type of thermal film that has a white surface. This type of film is commonly used in applications where high contrast is required, such as barcodes and shipping labels. On the other hand, Transparent Thermal Printing Film is a clear film that allows for the printing of labels and other materials that need to be transparent. This type of film is often used in applications where the underlying material needs to be visible, such as packaging labels for food and beverage products. Both types of films have their unique advantages and are chosen based on the specific requirements of the application.
Cosmetics and Personal Care, Pharmaceutical, Food and Beverage, Luggage Tags in the Global Direct Thermal Printing Film Market:
The Global Direct Thermal Printing Film Market finds its application in various sectors including Cosmetics and Personal Care, Pharmaceutical, Food and Beverage, and Luggage Tags. In the Cosmetics and Personal Care industry, these films are used for labeling products with essential information such as ingredients, usage instructions, and manufacturing details. In the Pharmaceutical industry, they are used for printing labels for medicine bottles, patient information sheets, and other pharmaceutical products. The Food and Beverage industry uses these films for printing labels for food products, beverage bottles, and packaging materials. Lastly, in the case of Luggage Tags, these films are used for printing durable and high-quality tags that can withstand the rigors of travel.
Global Direct Thermal Printing Film Market Outlook:
Looking at the market outlook for the Global Direct Thermal Printing Film Market, it is clear that this sector is set for substantial growth. In 2023, the market was valued at a significant US$ 372.3 million. However, it is projected to reach an impressive US$ 551.3 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period from 2024 to 2030. This growth can be attributed to the increasing demand for efficient and cost-effective printing solutions across various industries. The market is dominated by major manufacturers such as Cosmo Films, Mondi Group, Avery Dennison, LINTEC, and Bizerba. These companies collectively accounted for a substantial 33.30% of the global market share by revenue in 2019.
| Report Metric | Details |
| Report Name | Direct Thermal Printing Film Market |
| Accounted market size in 2023 | US$ 372.3 million |
| Forecasted market size in 2030 | US$ 551.3 million |
| CAGR | 5.7% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Cosmo Films, Mondi Group, LINTEC, Tech Labels, Ricoh, Smith & McLaurin, Avery Dennison, Green Bay Packaging, Honeywell, Able Label, Bizerba, Jujo Thermal |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
