Global Card Printing Ribbon Market by Product Types, Applications, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

Global card printing ribbon market was valued at USD 653 million in 2019 and is expected to reach USD 1 billion by 2026, expanding at a CAGR of around 3.9% during the forecast period, 2020–2026. Shifting towards thermal printing technology has helped in updating employee ID cards with latest cost-efficient technologies has created lucrative opportunities in the market.

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Market Drivers, Restraints, Opportunities, and Trends:

• Surging demand for superior quality ID cards and better printing experience by the retailers is propelling the entire manufacturing process and associated printing activities.
• Rising adoption of going cashless payments has resulted in usage of bank cards to carry out transactions in supermarkets, restaurants, retail stores, and cafes across the globe.
• A major restraining factor is the environmental concern associated with the disposal of cards, printers, and consumables. Environment Protection Agency has imposed stringent regulations regarding disposal of consumer electronics.
• Printing ink also consists of harmful chemicals which have a negative impact on the disposal. It is a major factor which can hinder the growth of the market.
• Higher investments in the R & D of the manufacturing process of the product to pose minimal threat to the environment is overcoming the challenges thrown in the market.

Competitive Landscape:

Major companies in the global card printing ribbon market include Entrust Datacard, HID Global, Zebra Technologies, Evolis, NBS Technologies, Ultra Electronics, and others. The market position is mostly consolidated with market share being donated by few competitors.

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The Global Card Printing Ribbon Market has been segmented on the basis of

Product Types

• Full Color Print Ribbons Card
• Monochrome Print Ribbons Card

Applications

• Banking, Financial Services, and Insurance (BFSI)
• Government
• Retail
• Wholesale
• Healthcare and life sciences
• Manufacturing and Automotive
• Transportation and Logistics
• Telecom and IT
• Media and Entertainment
• Others (Education, Energy, and Utilities)

Regions

• Asia Pacific
• Europe
• North America
• Middle East & Africa
• Latin America

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• Our report helps readers decipher the current and future constraints in the Card Printing Ribbon Market, and help them formulate optimum business strategies to maximize growth in the market.

Table of Contents

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Card Printing Ribbon Market Overview
5. Global Card Printing Ribbon Market Analysis and Forecast by Type
6. Global Card Printing Ribbon Market Analysis and Forecast by Application
7. Global Card Printing Ribbon Market Analysis and Forecast by Sales Channel
8. Global Card Printing Ribbon Market Analysis and Forecast by Region
9. North America Card Printing Ribbon Market Analysis and Forecast
10. Latin America Card Printing Ribbon Market Analysis and Forecast
11. Europe Card Printing Ribbon Market Analysis and Forecast
12. Asia Pacific Card Printing Ribbon Market Analysis and Forecast
13. Middle East & Africa Card Printing Ribbon Market Analysis and Forecast
14. Competition Landscape

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