Thermal Printing Market Growth, Latest Trend Analysis and Forecast 2027

Market Overview
Thermal printing is a digital printing process, which is used to produce a printed image by selectively heating thermal paper when the paper passes over the thermal print head. There are two types of printing technologies namely thermal transfer and direct thermal transfer. Both methods use a thermal print head that applies heat to the surface being marked. Moreover, thermal transform printing uses a heat-sensitive ribbon instead of heat-sensitive paper, in order to produce long-lasting, durable prints. Thermal printing is predominantly used for labeling shipping products and for recording live rhythm strips on hospital cardiac monitors.
The global thermal printing market is estimated to account for US$ 4,349.9 Mn in terms of value by the end of 2019.
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Market Dynamics
Rising need for productivity improvement and increase in usage of thermal printers in on-demand applications are the factors driving the growth of thermal printers’ market. Moreover, rapid transformation from traditional printers to portable thermal printers, rising demand for thermal printers in healthcare sector and strong distribution network of thermal printer manufacturers are the major factors that are boosting the growth of thermal printers’ market across the globe.
However, increase in strict printing regulations and rising cost of direct thermal printing due to unavailability of heat sensitive materials are some of the restraining factors that are expected to hamper the growth of the global thermal printing market.
Detailed Segmentation:
Global Thermal Printing Market, By Technology:
Direct Thermal
Thermal Transfer
 Global Thermal printing Market, By Printer Type:
PoS Printer
Label and Tag Printer
RFID Printer
 Global Thermal printing Market, By End-use Industry:
Transportation and Logistics
Retail
Healthcare
Manufacturing
Others

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Key players operating in the global thermal printing market are Zebra Technologies Corporation, TSC Auto ID Technology Co., Ltd., Toshiba TEC Corporation, Honeywell International, Inc., Bixolon Co., Ltd., Citizen Holdings Co., Ltd., Star Micronics Co., Ltd., Seiko Epson Corporation, SATO Holdings Corporation, and Brother International Corporation.
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