Direct Thermal Labels Market Is Projected To Grow At A CAGR Of 4% During Forecast 2023

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Rapid growth in e-commerce sector in emerging economies is a key driver for the growing demand in the direct thermal labels market.

Market research future published a half-cooked research report on Global Direct Thermal Labels Market that contains the information from 2017 to 2023. Global direct thermal labels market is expected to grow with the CAGR of approximately 4% from 2017 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Direct Thermal Labels Market Information from 2017 to 2023"

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Direct thermal labels are chemically treated, heat sensitive labels that print without the use of a ribbon. These labels are cost effective and do not require ink, toner or transfer ribbon, which makes it comparatively cheap for end users. Direct thermal labels are used in various industries such as in logistics, food & beverages, retail and many others. Rapid growth in e-commerce sector, in emerging economies such as China, and India, is a key driver of the demand in the direct thermal labels market.
The direct thermal labels market is projected to grow at a CAGR of 4% during the forecast period.

Asia-Pacific region dominates the global direct thermal labels market
On the basis of region, global direct thermal labels market is segmented in to North America, Europe, Asia-Pacific and Rest of the World (RoW). Asia-Pacific dominates the global direct thermal labels market. It is expected to be the fastest growing region for direct thermal labels market. Rapid growth in e-commerce and transportation sectors, is driving the growth of the market in Asia-Pacific region. Additionally, the growing organized retail has widened the scope of warehousing solutions, which staggers the demand for direct thermal labels. North America is the second largest market for the direct thermal labels. Increased demand for packaged food, is driving the growth of the market in North America region. Europe is expected to contribute significantly during the forecast period.


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The prominent players in the direct thermal labels market include Technicode, Inc. (Michigan), Avery Dennison Corporation (U.S.), 3M Company (U.S.), NPI (U.S.), AM Labels Ltd (UK), Resource Label Group  (US), Thermal Label Warehouse LLC (U.S.), Brady Corporation (U.S.), Consolidated Label Co (U.S.), and Labelmakers Group Pty Ltd (Australia).

“This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global construction lift market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.”

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