Albany, NY — (PRESS RELEASE JET) — 09/29/2017 — Increased use of cards across various fields has grown in the recent years, which has bolstered the card printing market. Besides, technological advancements resulting in suitable upgrades of card printing machines are probable to drive the demand for card printing ribbon over the next couple of years. To elaborate further about various facets of the market, the study which is titled as “Global Card Printing Ribbon Market– Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2022″ has been published to the vast online repository of Market Research Hub (MRH). This 170-pages report offers holistic perspective of the market and provides statistics and information on market size, shares and growth factors.
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Card printer ribbons are consumable used in printers that are used for the printing of plastic cards either in full-color format or in mono-color. At present, cards are incorporated in modernized operations of government, enterprise and corporation outfits, thereby, widening the usage of card printing ribbons. The demand for card printer ribbon has also grown owing to the constant improvements in the printing technology which makes it cost-efficient and consistent. The latest card printing ribbons offer high-speed printing with optimum exactness. As per the report findings, the global card printing ribbon market is set to reach a valuation in excess of US$ 830 Mn by the end of 2022, expanding at a healthy CAGR between 2017 and 2022.
The market overview section of the report presents clear outlook of card printing ribbons in the global market, with a prime focus on regions including North America, Europe, Latin America, Japan, MEA and Asia-Pacific excluding Japan (APEJ). Among these regions, the card printing ribbon market in Asia-Pacific excluding Japan (APEJ) is anticipated to remain highly striking in between 2017 and 2022. The market has been examined on the basis of major segments by product type and application sector. By product type, it covers full color print ribbons and monochrome print ribbons. Of these, the full color print ribbons segment is anticipated to epitomize for more than two-third share of the global market by the end of 2017.
As the report proceeds, it also highlights leading drivers, restraints and opportunities projected to impact the dynamics of the market during the next five years. Today, cards have multiple applications right form being a security management tool to being a mode transactions. Increasing application of cards in sectors such as BFSI, healthcare and corporations is creating a substantial amount of card printing requirements. Based on sectors, the retail & hospitality segment is projected to hold its dominant position throughout the assessment period.
Later, the report also includes detailed information such as company overview, acquisitions, market share, as well as recent developments about the prominent players operating in the global market for card printing ribbon, which include HID Global Corporation, Dai Nippon Printing Co. Ltd., Idp Corporation, Evolis SA, Entrust Datacard Corporation, NBS Technologies Inc., AlphaCard, IdentiSys Inc., Zebra Technologies Corporation, and Unicard Systems Pty. Ltd. In this part, information is delivered about latest business strategies adopted by these players along with insights on SWOT, and financials.
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