Card Printing Ribbon Market - Industry analysis, Trends, Estimation & Forecast, 2016 - 2024

November 2017

 ERC 5656

Card printing ribbons are consumables, which are used in printers for the printing of plastic cards. They are central components of the card printers, which ensure accurate sharp barcodes, color patterns, and crisp text of the card. Cards have numerous applications right from being a security management tool to a mode transaction. They are used in the operational structures of enterprises, corporations and government outfits and hence widen the functional applicability of card printing ribbons.

Card Printing Ribbon Market Determinants

The key factor driving the growth of global card printing ribbon market is the increasing applications of identity cards, mainly due to security concerns. Moreover, innovations in the printing technology, and increasing trend of payment through cards, are further fueling the market growth. On the contrary, high maintenance cost of the card printers and low quality of cards due to dust & dirt accumulation on the ribbons are hindering the market growth of card printing ribbon. However, innovations in digital technology and printing consumables to support high speed printing and to offer maximum accuracy are expected to create huge opportunities for the growth of market in the upcoming years.

Card Printing Ribbon Market Segment Analysis

The global card printing ribbon market is segmented on the basis of product type, application, and geography. By product type, the market is segmented into full color print ribbons, monochrome print ribbons, and others. On the basis of application, the market is mainly segmented into government, BFSI, retail & wholesale, healthcare & life sciences, manufacturing & automotive, transportation & logistics, telecom & IT, and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is expected to show impressive growth due to high security issues, and increasing digitization in countries like India and China. According to the Unique Identification Authority of India, 93% of the adults in India possess Aadhaar card, contributing significantly to the card printing ribbon market.

Some key vendors in the market are NBS Technologies Inc., HID Global Corporation, Dai Nippon Printing Co., Ltd., Zebra Technologies Corporation, IdentiSys Inc., Evolis SA, IDP Corporation, Unicard Systems Pty. Ltd., Entrust Datacard Corporation, and AlphaCard. In August 2017, AlphaCard, a leading manufacturer and distributer of badge printers and photo ID systems launched an exclusive line of professional ID card printers. The PRO series includes three classes of ID card printers. AlphaCard's entry level printer, the PRO 100, is a hand-fed single-sided printer. The PRO 500, is ideal for mid volume card printing. The PRO 700, available with single or dual-sided printing, and a 100 card input hopper is ideal for batch printing.


GLOBAL CARD PRINTING RIBBON MARKET SEGMENTATION

By Product type

• Full color print ribbons
• Monochrome print ribbons
• Others

By Application

• Government
• BFSI
• Retail & Wholesale
• Healthcare & life sciences
• Manufacturing & automotive
• Transportation & logistics
• Telecom & IT
• Other (Media & entertainment, energy, education, etc)

By Geography

• North America

o U.S.
o Canada
o Mexico

• Europe

o Spain
o Germany
o UK
o France
o Italy
o Rest of Europe

• Asia-Pacific

o China
o Japan
o India
o Australia
o Rest of Asia-Pacific

• Rest of the World

o Latin America
o Middle East
o South Africa

KEY MARKET PLAYERS

• NBS Technologies Inc.
• HID Global Corporation
• Dai Nippon Printing Co. Ltd.
• Zebra Technologies Corporation
• IdentiSys Inc.
• Evolis SA
• IDP Corporation
• Unicard Systems Pty. Ltd.
• Entrust Datacard Corporation
• AlphaCard

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    What Information does this report contain?

    What was the market size of the Card Printing Ribbon Market in 2016 and the expected market size by 2024, along with the growth rate?
    An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    Which are the largest revenue generating products, services or regions and their comparative growth rate?
    Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    Which are the leading companies in the Card Printing Ribbon Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?

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