November 1, 2018: UnitedStates card printer ribbons market
is expected to grow at the highest CAGR in the upcoming period. Card printer
ribbons are main portion of the printer card, which ensure precise color
patterns, crisp text, and sharp barcodes of the card through printing
technologies. It is used for identity card, smart cards & payment cards and
to print in various colors including magenta, yellow, black and cyan. Card
printer ribbons facilitate efficiency, realism, and user-friendliness. They
could also be used as club membership cards, student ID cards, national ID
cards, transportation ID badges, driver’s licenses, employee ID badges, blank
ID cards, and pre-printed ID cards.
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The
major drivers to the United States card printer ribbons market are
macroeconomic factors, growing BFSI industry, high investment in printing
machines industry with increasing educational institutions, growing IT
industries due to high demand for card access for authentication purpose,
rising digitization, growing transport, and logistics industries. Also, the
other factors include consumers’ preference toward security issues, cashless
payments, and identity proof.
The
restraining factor to the United States card printer ribbons market are
governments’ taxes pertaining to manufacturing card printer ribbons and low
temperature resistance due to low concentration colorants such as polyethylene
terephthalate (PET). The market is widely analyzed based on different factors
such as gross domestic product (GDP), demographics, acceptance, inflation rate,
and others.
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United
States card printer ribbons market is categorized based on product type,
application, printing type and geography. Based on product type, the industry
is segmented into monochrome and color. Based on application, the United States
card printer ribbons Industry is segmented into information technology,
healthcare & pharmaceutical, transportation & logistics, education,
manufacturing, aviation, printing, defense, banking & financial services
insurance (BFSI), and so on.
Based
on printing type, the market is segmented into single sided printing and dual
sided printing. Based on geography, the United States card printer ribbons
industry is segmented into Southwest, The Middle Atlantic, The West, New
England, The South and The Midwest. Key players operating in the United States
card printer ribbons market are Dai Nippon Printing Co., Ltd. ZIH Corporation,
Barcodes, Inc., DataCard Corporation, AlphaCard., Evolis, Laminex-ID Systems
Singapore Pvt Ltd, PREVOSYS (M) SDN BHD and Magicard Ltd.
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