- Transparent Heat Transfer Paper
- White Heat Transfer Paper
Heat Transfer Paper Market size was valued at USD 594.7 million in 2022 and is expected to grow at a CAGR of 4.6% from 2023 to 2029. Heat transfer paper is a three-layer coated substrate that releases ink and color to transfer the print onto paper, textiles, and other things. It is utilized in a variety of products, including consumer items, stationery, and textiles and apparel. The increasing demand for inkjet and laser printers has led to the adoption of heat transfer paper during the forecast period. Significant growth in the bespoke textile sector and printing technology has increased global demand for heat transfer paper. Also, consumer spending on individualized and fashionable garments is likely to fuel market revenue growth during the forecast period. Despite the high cost, the ability to generate high-quality fabric design is boosting the global heat transfer paper market's revenue growth. Moreover, as consumers are spending more on fashion items as economic conditions improve in all major countries and income levels rise which is  predicted to have an impact on demand for custom printed clothes and other products. Transfer printing (on heat transfer paper) is a typical characteristic of personalized clothes and accessories; thus, changing fashion trends among youth and the growth of the accessories industry are likely to boost heat transfer paper market revenue growth. However, larger-scale clothing printing is not only costly, but also time intensive and fading of prints after multiple washing is a major concern for the textile and heat transfer paper industries. In addition, the stiffness of the prints makes the fabric firm. As a result, washing garments becomes tough. In some situations, ironing prints might harm them, making the clothes look unkempt. All these reasons are impeding the expansion of the heat transfer paper market. Key Developments: In Jan 2022, Finland's Ahlstrom launched EcoJet digital-transfer printing paper. In May 2022, Avery Dennison Corporation announced the development of its manufacturing capacity by spending over US$ 63 Mn in Europe, which will aid the company to deal with the growing demand for its packaging and labels materials in Europe..
Study Period
Base Year
CAGR
Largest Market
Fastest Growing Market
Automation in the printing sector is causing printers and printing accessories to be upgraded. This has a favorable effect on printing quality. Increasing demand for printed clothing, along with an increase in the number of online firms selling personalized garments, is predicted to drive global demand for heat transfer paper. The market for heat transfer paper is expanding due to increased demand for customized printing and the use of e-commerce. The top printer manufacturers have reported a 20%-30% growth in printer revenues, which is projected to improve heat transfer paper sales.
Due to its excellent durability, thermal paper is increasingly being used to print transaction receipts, which is driving the heat transfer paper market...
Point of sale is the leading application of the thermal paper market.
North America accounts for the largest share of the global heat transfer paper market.
Neenah Coldenhove, Felix Schoeller Group, One Step Papers LLC, Miroglio Group, PG Paper Company, Stahls' Transfer Paper Experts, Neenah performance Materials., Guangzhou Elephant Digital Technology Co. Ltd, Atul Paper Pvt. Ltd., Pudumjee Paper Products, GI Paper Coaters, Paper N Films are some prominent heat transfer paper manufacturers.
1. Executive Summary |
2. Global Heat Transfer Paper Market Introduction |
2.1. Global Heat Transfer Paper Market – Taxonomy |
2.2. Global Heat Transfer Paper Market –Definitions |
2.2.1. By Product Type |
2.2.2. By End-user Type |
2.2.3. By Region |
3. Global Heat Transfer Paper Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Global Heat Transfer Paper Market Dynamic Factors - Impact Analysis |
3.6. Impact of COVID 19 on The Market |
3.7. Three Forecast Scenarios - Pessimistic, Conservative, and Opportunistic |
3.8. Mapping Market Player’s Activities |
3.9. Recent Key Developments |
3.10. Financial Status of the Market Players |
3.11. Recent Acquisitions, Collaborations, and Mergers |
4. Global Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 |
4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Heat Transfer Paper Market Forecast, By Product Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.1. Transparent Heat Transfer Paper |
5.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. White Heat Transfer Paper |
5.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
6. Global Heat Transfer Paper Market Forecast, By End-user Type, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1. Textile Industry |
6.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Consumer Goods Packaging |
6.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. OtherBy Product Type (Transparent Heat Transfer Paper, White Heat Transfer Paper, Market Opportunity Analysis), Â By End-user Type (Textile Industry, Consumer Goods Packaging, Other), and Geography |
6.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
7. Global Heat Transfer Paper Market Forecast, By Region, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.1. North America |
7.1.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Europe |
7.2.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Asia-Pacific |
7.3.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
7.4. Latin America |
7.4.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.4.3. Market Opportunity Analysis |
7.5. Middle East and Africa |
7.5.1. Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.5.3. Market Opportunity Analysis |
7.6. Global Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Region, 2022 - 2028 |
8. North America Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
8.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
8.1.1. Transparent Heat Transfer Papers |
8.1.2. White Heat Transfer Paper |
8.2. End-user Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
8.2.1. Textile Industry |
8.2.2. Consumer Goods Packaging |
8.2.3. Other |
8.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
8.3.1. USA |
8.3.2. Canada |
8.4. North America Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Country, 2022 - 2028 |
8.5. North America Heat Transfer Paper Market Dynamics – Trends |
9. Europe Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
9.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
9.1.1. Transparent Heat Transfer Papers |
9.1.2. White Heat Transfer Paper |
9.2. End-user Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
9.2.1. Textile Industry |
9.2.2. Consumer Goods Packaging |
9.2.3. Other |
9.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
9.3.1. Germany |
9.3.2. UK |
9.3.3. France |
9.3.4. Italy |
9.3.5. Spain |
9.3.6. Rest of Europe |
9.4. Europe Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Country, 2022 - 2028 |
9.5. Europe Heat Transfer Paper Market Dynamics – Trends |
10. Asia-Pacific Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
10.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
10.1.1. Transparent Heat Transfer Papers |
10.1.2. White Heat Transfer Paper |
10.2. End-user Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
10.2.1. Textile Industry |
10.2.2. Consumer Goods Packaging |
10.2.3. Other |
10.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
10.3.1. Japan |
10.3.2. China |
10.3.3. India |
10.3.4. ASEAN |
10.3.5. Rest of Asia-Pacific |
10.4. Asia-Pacific Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Country, 2022 - 2028 |
10.5. Asia-Pacific Heat Transfer Paper Market Dynamics – Trends |
11. Latin America Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
11.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
11.1.1. Transparent Heat Transfer Papers |
11.1.2. White Heat Transfer Paper |
11.2. End-user Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
11.2.1. Textile Industry |
11.2.2. Consumer Goods Packaging |
11.2.3. Other |
11.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
11.3.1. Brazil |
11.3.2. Argentina |
11.3.3. Rest of Latin America |
11.4. Latin America Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Country, 2022 - 2028 |
11.5. Latin America Heat Transfer Paper Market Dynamics – Trends |
12. Middle East and Africa Heat Transfer Paper Market Analysis, 2017 - 2021 and Forecast, 2022 - 2028 (Revenue, USD Million) |
12.1. Product Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
12.1.1. Transparent Heat Transfer Papers |
12.1.2. White Heat Transfer Paper |
12.2. End-user Type Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million), Y-o-Y Growth (%) and Market Share (%) |
12.2.1. Textile Industry |
12.2.2. Consumer Goods Packaging |
12.2.3. Other |
12.3. Country Analysis 2017 - 2021 and Forecast 2022 - 2028 by Revenue (USD Million) Y-o-Y Growth (%) and Market Share (%) |
12.3.1. Saudi Arabia |
12.3.2. GCC Countries |
12.3.3. South Africa |
12.3.4. Rest of MEA |
12.4. MEA Heat Transfer Paper Market - Opportunity Analysis Index, By Product Type, End-user Type, and Country, 2022 - 2028 |
12.5. MEA Heat Transfer Paper Market Dynamics – Trends |
13. Competition Landscape |
13.1. Strategic Dashboard of Top Market Players |
13.2. Company Profiles (Introduction, Financial Analysis, Product Type Product Types, Key Developments, Strategies, and SWOT Analysis) |
13.2.1. Neenah Coldenhove |
13.2.2. Felix Schoeller Group |
13.2.3. One Step Papers LLC |
13.2.4. Miroglio Group |
13.2.5. PG Paper Company |
13.2.6. Stahls' Transfer Paper Experts |
13.2.7. Neenah Performance Materials |
13.2.8. Guangzhou Elephant Digital Technology Co. Ltd |
13.2.9. Atul Paper Pvt. Ltd. |
13.2.10. Pudumjee Paper Products |
13.2.11. GI Paper Coaters |
13.2.12. Texprints |
14. Research Methodology |
15. Key Assumptions and Acronyms |