Albany, NY -- (SBWIRE) -- 08/03/2018 -- A recent commerce and business study by Transparency Market Research (TMR) suggests that the global thermal transfer label market is in good health. And although the competitive landscape is intense owing to the presence several vendors, there are vast opportunities for innovation in product application and geographical expansion. These factors will keep luring new entrants while feeding the existing ones. The study projects the demand in the global thermal transfer label market to increment at a CAGR of 5.5% during the forecast period of 2017 to 2022. By the end of 2022, the report estimates the worth of global thermal transfer label market to be US$3,003.3 mn, substantially up from its evaluated valuation of US$2,296.6 mn in 2017.
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