Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Thermal Laminator Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 2.5% during the review period (2022 to 2027).
Development of Thermal Laminator market is the rising disposable income among the individual. However, the restraining factor towards the growth of the Thermal Laminator market is the continuous inclination towards the use of cloud based storage free application such as google drive, drop box, etc. which provide any document whenever required with no efforts related to carrying the documents everywhere.
Furthermore, another aspect that is hampering the growth of Thermal Laminator market is the introduction of mobile wallet, bank application and net banking, which might obstruct the use of debit cards as these cards required a lamination solution. Additionally, the government stringent regulation over the use of plastic for laminating is anticipated to restrain the growth of Thermal Laminator market. Adding to this, the high electricity cost is anticipated to hamper the growth of Thermal Laminator market as these machines requires enormous consumption of electricity.
Industry Developments:
Autobond launches all new electrically heated mini 53 e-th-cc for short run digital printers
February 8th, 2022:The Autobond Mini 53 E-TH-CC is specifically designed with digital book printers in mind. With a max sheet size of 53 cm x 74cm (20.75” x 29.5”), it handles sheets from the range of digital press sizes on the market. It has a quick make ready, and with a top speed of 50 m/min (165’ per minute), it can laminate book covers at an exceptional rate of speed. This electrically heated version of the Mini 53 TH does not require water or drain installation and allows the machine to reach operating temperature quickly.
The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes 3M, Seal Graphics, Mitsubishi, Wenzhou Guangming, GMP, USI Laminate, Zhejiang Liming, Shanghai Loretta, Beijing Kangdexin, Shanghai Dragon, Autobond Laminating, Guangdong Magnolia, KOMFI, New Star, Shenzhen Modern Domhke, Beijing FULEI, Shanghai Tiancen, Wen Chyuan, AUDLEY and others.
Thermal Laminator Market is segmented based on the Product ,applications, End users, companies and regions.
Global Thermal Laminator Market, by Product
Global Thermal Laminator Market, by Application
North America is anticipated to be the largest market for Thermal Laminator market, due to the rising disposable income among individual. Moreover, the extensive use of advertising and promotion in India, by means of trade show, flexible graphics, floor graphics, vehicle graphics, etc. is predictable to boost the sales of Thermal Laminator. In addition to this, the evolution of the individual in terms increasing living standard among middle income groups, growing urbanization and expanding working population in the growing economies such as China and India as well is expected to further improve the sales in the Thermal Laminator market in Asia Pacific by the end of the forecast period of 2022-2027.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 2.5% during the review period (2022 to 2027). |
By Product |
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By Application |
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By Companies | 3M, Seal Graphics, Mitsubishi, Wenzhou Guangming, GMP, USI Laminate, Zhejiang Liming, Shanghai Loretta, Beijing Kangdexin, Shanghai Dragon, Autobond Laminating, Guangdong Magnolia, KOMFI, New Star, Shenzhen Modern Domhke, Beijing FULEI, Shanghai Tiancen, Wen Chyuan, AUDLEY |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 110 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Thermal Laminator Market is studied from 2017 - 2027.
What is the growth rate of Thermal Laminator Market?
The Thermal Laminator Market is growing at a CAGR of 2.5% over the next 5 years.
Who are the leading key players in Thermal Laminator Market?
3M, Seal Graphics, Mitsubishi, Wenzhou Guangming, GMP, USI Laminate, Zhejiang Liming, Shanghai Loretta, Beijing Kangdexin, Shanghai Dragon, Autobond Laminating, Guangdong Magnolia, KOMFI, New Star, Shenzhen Modern Domhke, Beijing FULEI, Shanghai Tiancen, Wen Chyuan, AUDLEY
What regions regions does this Thermal Laminator Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant Product of Thermal Laminator Market?
Two Roller System, Four Roller System, Others
What are the significant applications of Thermal Laminator Market?
Wood Industry, Plastic Industry, Rubber Manufacturing, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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