Thermal Transfer Label Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| CAGR | 4.86% |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Thermal Transfer Label Market Analysis
The Global Thermal Transfer Label Market is expected to register a CAGR of 4.86% during the forecast period.
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- It offers ease and reliability for short-life applications and delivers low-cost quality barcodes at reasonable print speeds. These characteristics make thermal transfer technology a choice for transit product identification and tracking labels for parcel distribution and outer case and pallet markings.
- Silver polyester thermal transfer labels and white polyester thermal transfer labels are witnessing high adoption in long-term outdoor durable labels, chemical drum labels, post-solder circuit board making, and part tracking labels.
- Furthermore, the mounting demand for medicines and vaccines in the healthcare industry also facilitated the adoption of thermal transfer labels. They are the best choice for printing information on various products in the food and beverages, healthcare, retail label, tracking, and transportation industries.
- This technology is yet to be studied further for mass production and extended use in the market. Problems, such as insufficient print contrast signal, poor scanning read rates, and dead spots on barcodes, have created some challenges for the market.
Thermal Transfer Label Market Trends
Healthcare is Expected to Register Significant Growth Rate
- Labeling healthcare products is vital, as labels contain information about drugs, their usage, lifetime, formulation, and lot number. Drug labeling is governed by stringent norms and regulations by the respective governments.
- Many labeling players, such as UPM Raflatac and CCL Industries, are providing Labeling for healthcare products. For instance, UPM Raflatac offers labeling for small volume containers, such as syringes, ampoules, IV bottles, cartridges, pens, vials, and test tubes, by robust label adhesives that can be used on any glass or plastic containers. Luminescent adhesive options are the perfect solution for detecting missing labels with a detection inspection system.
- Moreover, companies are investing in research and development activities to diversify their product portfolio. For instance, in May 2021, BIXOLON America Inc., a leading global Mobile, Label, and POS Printer manufacturer, announced the launch of its NEW RFID label printers line-up, the XD5-40tR, a thermal transfer desktop label printer to deal with various types of low and high volume labeling applications such as healthcare.
North America will Hold the Significant Market Share During the Forecast Period
- Label manufacturers in the United States experience most of the demand from the food and beverage segments. According to the estimates, the food and beverage segment accounts for more than half of the labels used in North America.
- According to the FDA, packaged and processed food items must have nutritional labeling that makes labeling important. The Food Safety Modernization Act mandates Consumer packaged goods to be able to, at minimum, identify the immediate supplier and recipient (other than retailers to consumers) of a product to monitor the path of their products.
- Thermal transfer polyester is the best-preferred label material that is used in the market. FLEXcon produces supercalendered kraft release liner made from up to 30% post-consumer waste (PCW). Its THERMLfilm NEXgen line of durable label substrates with several features for UL-compliant labeling applications, including compatibility with many conventional print methods, including UV and emulsion and TTR printability.
- In the ongoing crisis due to pandemics in North America, there has been a rapid rise in the demand for medical equipment, medicines, and vaccines that make the label market more sophisticated with increased adoption of thermal transfer labels as its time to market is lesser than other forms of labels.
Thermal Transfer Label Industry Overview
The thermal transfer label market is highly competitive, with a significant number of global and regional players. These players account for a considerable share in the market and focus on expanding their client base worldwide. These players focus on the research and development activities, strategic alliances, and other organic and inorganic growth strategies to stay in the market landscape over the forecast period.
- In March 2021, Mactac expanded its Lintec labelstock portfolio with retro-reflective films designed for warehouse applications and industrial labeling, enabling long-range barcode scanning. The films are constructed from a polyester material embedded with glass beads that enable long-range barcode scanning from up to 50 ft distance. Retro-reflective films feature long-term indoor durability and up to two years of outdoor durability.
Thermal Transfer Label Market Leaders
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CCL Industries, LLC
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3M Company
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Constantia Flexibles
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Honeywell International
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Lintec Corporation
- *Disclaimer: Major Players sorted in no particular order
Thermal Transfer Label Market News
- In January 2020, Epson America Inc. announced the new TM-L90II LFC thermal label printer at the NRF 2020 Retail's Big Show. The new label printer is a flexible label printer that supports 40-, 58-, and 80mm full media for flexible printing options. Replacing the TM-L90 Plus LFC models, this flexible and adaptable thermal label printer supports liner-free printing and receipt printing and features a back-feed functionality and label-taken sensor.
- In August 2020, Sato America introduced a new thermal printer to the North American market. It is a new wide format label printer, SG112-ex series, with Automatic label loading, fast and consistent throughput, print speeds up to 6 inches per second, and multi-language display.
Thermal Transfer Label Industry Segmentation
The study tracks the demand for the thermal transfer label market, which is a sub-set of the thermal printing industry. The key segments covered in the study include segmentation by material (paper, polyester, PP, and PE) and end-user vertical (food and beverages, healthcare, logistics and transportation, industrial goods, semiconductor and electronics, retail, and other end-user verticals). The study analyzes the impact of COVID-19 on the overall supply chain and the effect on the demand side market dynamics. Market estimates indicate the revenue in USD million.
| By Material | Paper |
| Polyester | |
| PP | |
| Other Materials | |
| By End-user Industry | Food and Beverages |
| Healthcare | |
| Logistics and Transportation | |
| Industrial Goods | |
| Semiconductor and Electronics | |
| Other End-user Verticals | |
| By Geography | North America |
| Europe | |
| Asia-Pacific | |
| Rest of the World (Latin America and Middle East & Africa) |
| Paper |
| Polyester |
| PP |
| Other Materials |
| Food and Beverages |
| Healthcare |
| Logistics and Transportation |
| Industrial Goods |
| Semiconductor and Electronics |
| Other End-user Verticals |
| North America |
| Europe |
| Asia-Pacific |
| Rest of the World (Latin America and Middle East & Africa) |
Thermal Transfer Label Market Research FAQs
What is the current Global Thermal Transfer Label Market size?
The Global Thermal Transfer Label Market is projected to register a CAGR of 4.86% during the forecast period (2025-2030)
Who are the key players in Global Thermal Transfer Label Market?
CCL Industries, LLC, 3M Company, Constantia Flexibles, Honeywell International and Lintec Corporation are the major companies operating in the Global Thermal Transfer Label Market.
Which is the fastest growing region in Global Thermal Transfer Label Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Global Thermal Transfer Label Market?
In 2025, the North America accounts for the largest market share in Global Thermal Transfer Label Market.
What years does this Global Thermal Transfer Label Market cover?
The report covers the Global Thermal Transfer Label Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Thermal Transfer Label Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Thermal Transfer Label Industry Report
Statistics for the 2025 Global Thermal Transfer Label market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Thermal Transfer Label analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
