The Global Printing Transfer Paper Market was $5.6 Bn in 2020, and it is expected to reach $14.5 Bn by 2030. It is eventually growing at a commendable high compound annual growth rate CAGR of 10.0% between 2020-2030. The printing transfer paper is used to manufacture the different types of customized apparel, prominently customs t-shirts. This customized t-shirt has a huge demand for the college or any company event. However, the increasing demand for customized clothing and t-shirt is expected to drive growth on the global printing transfer paper market. Moreover, in the current pandemic of COVID-19 might make a slight difference in the growth rate in the current year. Now, Moving forward, the robust demand for the Global Printing Transfer Paper Market in the industrial apparel department is further estimated to create new necessities and augment the market of growth over the forecast period of 2020-2030.
Printing transfer paper market growth is attributed towards the increasing demand of customized and cheap clothing. Custom T-Shirt printing by local as well as branded vendors is expected to drive the market through forecast period. This is also supported by the art and painting industry, where handmade designs are put over a special piece of cloth via these transfer papers.
Global Printing Transfer Paper Segment Is Estimated to Witness Remarkable Growth
Source: SAI Research
The Printing Transfer Paper market is segmented as type, method of printing, and end-use. By type, the global Printing Transfer Paper market is divided as Introduction, and Screen-Printed Transfers, Heat Transfer, Sublimation Transfers, and Inkjet and Laser Transfers. By the method of printing, the global printing transfer paper market is bifurcated as Introduction, Laser, Inkjet, Lithography, Sublimation, and Solvent Based. By end-use, the printing transfer paper market is segmented as Introduction, Elastic Fibers, and natural fibers.
By Region, Asia Pacific is Holding the Major Market Share
The global Printing Transfer Paper Market has been geographically segmented into North America, Asia Pacific, Latin America, Middle East, and Africa region. In addition to this, Asia Pacific has a significant share among those regions. The ability of the raw material, skilled worker, non-government sectors participating in the industry, and modern technology drive to growth of the printing transfer paper market. However, the huge demand for India, China, Southeast Asia boosts the printing market. Apart from the Asia Pacific, North America and the Rest of the regions are expected to increase the growth rate over the upcoming forecast period of 2020 to 2030.
Major Players in Global Printing Transfer Paper Market
The report covers a detailed outlook of the company, and it includes the market share and company or industry profiles of key players operating in the global market. Key players in the report include Neenah Paper Inc., Shanghai Yesion Industrial Co. Ltd., Nanking Clover Transfer Paper Co. Ltd., Nucoat Inc., Hanrun Paper Industrial Co. Ltd, Cagdas Kagit, Texo Trade Services BV, E.T.S. Engineering Transfer System s.r.l., Fuzhou Alizarin Coating Co. Ltd., Suntek Print Company Limited, Fillauer LLC, Neenah performance Materials, Suzhou Aolide Co. Ltd., Felix Schoeller Group, and Atul Paper Pvt. Ltd. among others.
The Global Printing Transfer Paper Market Has Been Segmented into:
Global Printing Transfer Paper Market: By Type
Global Printing Transfer Paper Market: By Method Of Printing
Global Printing Transfer Paper Market: By End-Use
Global Printing Transfer Paper Market: By Region