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Direct Thermal Labels 4x6 Market is projected to grow at a CAGR of 4% during forecast 2023

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Updated on Feb 4, 2020

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Summary


Global Direct Thermal Labels 4x6 Market Information Report by Face stock Material (Paper and Plastic), by Application (Food & Beverages, Pharmaceuticals, Personal Care, Retail and Others) and By Region - Forecast To 2023


Market Highlights


Direct Thermal Labels 4x6 are chemically treated, heat sensitive labels that print without the use of a ribbon. These labels are cost effective. In these labels do not require ink, toner or transfer ribbon, which makes it comparatively cheap for end users. Growing retail & logistic sector across the globe, is driving the growth of the market. Additionally, adoption of Direct Thermal Labels 4x6 in pharmaceutical sector, also drive the growth of the market. However, less durability of Direct Thermal Labels 4x6 is a major factor that may hamper the growth of global Direct Thermal Labels 4x6 market.


Direct Thermal Labels 4x6 market is projected to grow at a CAGR of 4% during the forecast period.


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Key Players


The prominent players in the Direct Thermal Labels 4x6 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).


Market Research Analysis


On the basis of face stock materials, the market is segmented as paper and plastic. Direct thermal paper labels are affordable and appropriate for general-purpose labeling applications. On the other hand, different types of plastic such as polyethylene (PE), polyethylene terephthalate (PET), and polyvinyl chloride (PVC), are used in face stock. These synthetic Direct Thermal Labels 4x6 offer better durability, longer-lasting print and resistance to abrasion, moisture, and chemicals. Plastic is expected to contribute significantly during the forecast period.


On the basis of applications, the market is segmented as food & beverages, pharmaceutical, personal care, retail and others. Food & Beverages dominates the application segment of the market. Growing demand of processed and packaged food across the globe, is driving the demand of the market. The retail sector is projected to register the highest growth rate during the forecast period.


Market Segmentation


Direct Thermal Labels 4x6 Market has been segmented based on face stock material, application and region. On the basis of face stock material, the market is segmented as paper and plastic. Different types of plastic such as polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others are used in face stock. These synthetic Direct Thermal Labels 4x6 offer better durability, longer-lasting are used in face stock to abrasion, moisture, and chemicals. On the basis of applications, the market is segmented as food & beverages, pharmaceutical, personal care, retail and others. Food & Beverages segment dominates the application segment of the market. Growing demand of processed and packaged food across the globe, is driving the demand of the market. The retail segment is anticipated to register the highest growth rate during the forecast period.


Scope of the Report


This study provides an overview of the global Direct Thermal Labels 4x6 market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global Direct Thermal Labels 4x6 market by its product type, application and region.


By Face Stock Material


Paper


Plastic


By Application


Food & Beverages


Pharmaceuticals


Personal Care


Retail


Others


By Region


North America 


Asia-Pacific 


Europe


Rest of the World  


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About Market Research Future


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