New York(United States):-Global Heat Transfer Paper Market to reach USD $billion by 2027.Global Heat Transfer Paper Market is valued at approximately USD $billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.4 % over the forecast period 2021-2027.
Heat Transfer Paper is a three-layer coated substrate that releases ink and color to transfer the print over the paper, textile, and other items. It is used in various applications such as clothing and apparel, stationery, and consumer goods. The increasing demand for inkjet and laser printers has led to the adoption of Heat Transfer Paper across the forecast period.
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For Instance: according to Statista in 2021, the global printer shipments are increasing rapidly due to increasing demand for printed apparel etc. Hewlett Packard’s (HP) share of printer shipment stands at 24.5 percent. In 2020 the 3D printing market increased by USD 12.6 billion, and it is estimated to grow by USD 37.2 billion by 2026. Also, with the rising demand for sustainable ink and eco-friendly printers as well as printed garments., the adoption & demand for Heat Transfer Paper is likely to increase the market growth during the forecast period. However, high deployment cost impedes the growth of the market over the forecast period of 2021-2027.
The geographical regions considered for the global Heat Transfer Paper market analysis includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is deemed as the significant region across the globe in terms of huge market share due to the growing adoption of nonwovens, yarns and specialty fabrics, protective and fashion apparel etc. Whereas, Asia-Pacific is also estimated to attain a maximum growth rate during 2021-2027. Factors such as rising disposable income, increasing demand for printed apparel, and expanding consumer base due to rapidly growing population would create beneficial growth forecasts for the Heat Transfer Paper market across Asia-Pacific region.
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Major market players included in this report are: Neenah Coldenhove Felix Schoeller Group One Step Papers LLC Miroglio Group PG Paper Company Stahls’ Transfer Paper Experts Neenah Performance Materials Guangzhou Elephant Digital Technology Co. Ltd, Atul Paper Pvt. Ltd., Pudumjee Paper Products
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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By Paper: Transparent heat transfer paper White heat transfer paper By Printing: Inkjet Laser Sublimation By Ink: Sublimation ink Dye-based ink
By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE
Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World
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