The purpose of the report is to illustrate the state of the market of Printing Transfer Paper, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The paper is widely used in transfer printing method and is regarded as one of the most convenient and cost-effective methods. Using printing transfer paper, wide range of customized products including t-shirts, sweat shirts, aprons, kitchen napkins, hats, caps, flags, banners and several others can be easily designed with minimal cost of production and relatively low skillset. With continually growing customized fabrics industry, printing technologies have gained tremendous prominence, thereby driving the demand for related printing materials (such as transfer paper). In addition, rising spending by consumer on customized and fashionable apparels is also expected to support the growth of printing transfer paper market.
In 2017, the global printing transfer paper market was dominated by screen printing transfer paper segment accounting for over 35% of the total market value. This is primarily due to higher adoption of the technique as compared to other transfer printing techniques. Due to higher inclination towards cheaper techniques, the segment is estimated to retain its dominant share in the market throughout the forecast period. Screen printing transfer paper segment is followed by sublimation transfer papers. Despite higher cost, the segment growth is backed by the ability to provide permanent and quality design on fabrics. On the other hand, heat transfer paper segment is projected to register the highest growth in the market during the forecast period.
In 2017, Asia Pacific represented the largest printing transfer paper market worldwide. The market here is primarily backed by China, India and Southeast Asia having huge textiles industry. The trend shall prolong and the region is expected to retain its leading position, due to continually growing customized apparels and accessories market. The growth in the region is primarily influenced by rapid penetration of e-commerce sector and shifting trend towards customized fashionable apparels among consumers. Thus, region is also expected to witness fastest growth in the global printing transfer paper market throughout the forecast period.
Apparel, garment and accessories industry in North America and especially in the U.S. is considered as one of the largest globally. Almost two percent of the total workforce in the U.S. are employed in fashion and apparel industry as stated by SelectUSA, a service of the federal government. This has created tremendous opportunities for international as well as small players to claim their share in the North American custom apparels and accessories market. Continuously changing fashion trends and growing demand for printed apparel, mugs and personalized gifts has boosted the demand for transfer paper considerably and is expected to grow even further in the following years.
The global printing transfer paper market is highly fragmented in nature and characterized by low entry barriers. This, in turn, is encouraging new players to enter the printing transfer market, thereby intensifying competition. Some major players in the global printing transfer paper industry include Neenah, Inc., Shanghai Yesion Industrial Co., Ltd., Nanking Clover Transfer Paper Co. Ltd., E.T.S. Engineering Transfer System s.r.l., Nucoat, Inc, Hanrun Paper Industrial Co., Ltd, Cagdas Kagit, Texo Trade Services BV, Fuzhou Alizarin Coating Co., Ltd, Suzhou Aolide Co.,Ltd and Suntek Print Company Limited among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Printing Transfer Paper buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Printing Transfer Paper contains:
Analysis and forecast of Printing Transfer Paper market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Printing Transfer Paper market;
Assessment and forecast of Printing Transfer Paper market development;
Financial and business profiles of the leading companies in the Printing Transfer Paper industry.
– Up to date working Printing Transfer Paper data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Printing Transfer Paper for the period 2018 to 2026
– Planned Printing Transfer Paper additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Printing Transfer Paper projects by region, key countries, and companies
– Details of major planned Printing Transfer Paper projects in the world up to 2026
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