Retransfer Card Printers Market by Product and Geography - Forecast and Analysis 2022-2026

The retransfer card printers market share is expected to increase by USD 168.01 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.26%.

This retransfer card printers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers retransfer card printers market segmentation by product (single-sided printing and double-sided printing) and geography (North America, Europe, APAC, South America, and MEA). The retransfer card printers market report also offers information on several market vendors, including Ai Holdings Corp., DASCOM Americas SBI LLC, Entrust Datacard Corp., Evolis, HID Global Corp., IDP Corp. Ltd., Kanematsu Corp., Magicard Ltd., Matica Technologies Group SA, and Zebra Technologies Corp. among others.

What will the Retransfer Card Printers Market Size be During the Forecast Period?

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Retransfer Card Printers Market: Key Drivers and Challenges

The growth of the PaaS business model is notably driving the retransfer card printers market growth, although factors such as digitization in enterprises may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the retransfer card printers industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Retransfer Card Printers Market Driver

One of the key factors driving growth in the retransfer card printers market is the growth of the PaaS business model. The growing momentum of PaaS hinders the sales of stand-alone printers. In a PaaS business model, companies provide printer devices along with printer supplies such as ink cartilages and papers. This business model helps organizations efficiently manage their printing requirements without investing in printers. PaaS requirements are often outsourced to vendors to streamline services and to attain a cost-effective and well-managed imaging and printing environment. A few major advantages of using PaaS are the upfront cost, reduction in workflow bottlenecks, reduced paper waste, and low maintenance cost.

Key Retransfer Card Printers Market Challenge

The digitization in enterprises will be a major challenge for the retransfer card printers market during the forecast period. Digitization has a high impact on the global retransfer card printers market. Owing to digitization, many enterprises use online channels to advertise their products and services and share information. They use electronic versions of documents, such as e-brochures, e-catalogs, e-annual reports, and e-manuals, instead of printed materials. The rising number of Internet users, the increasing penetration of smartphones, and developments in communication network infrastructure are fueling the adoption of various digital channels by enterprises to promote their products and services and share vital information. The emergence of cloud-based storage solutions, such as Dropbox and Google Drive, has also affected the growth of the global retransfer card printers market. The pace of digitization in various industry verticals will increase due to the rising focus of companies on efficiency, productivity, and unified communications. This will reduce the dependency on printed documents, which, in turn, will adversely affect the global retransfer card printers market during the forecast period.

This retransfer card printers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Retransfer Card Printers Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• Ai Holdings Corp.
• DASCOM Americas SBI LLC
• Entrust Datacard Corp.
• Evolis
• HID Global Corp.
• IDP Corp. Ltd.
• Kanematsu Corp.
• Magicard Ltd.
• Matica Technologies Group SA
• Zebra Technologies Corp.

 

This statistical study of the retransfer card printers market encompasses successful business strategies deployed by the key vendors. The retransfer card printers market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The retransfer card printers market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Retransfer Card Printers Market?

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48% of the market's growth will originate from North America during the forecast period. The US is the key market for retransfer card printers in North America. Market growth in North America will be faster than the growth of the market in other regions.

The high penetration of retransfer card printers in the enterprise and consumer segments will facilitate the retransfer card printers market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Product Segments in the Retransfer Card Printers Market?

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The retransfer card printers market share growth by the single-sided printing segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the retransfer card printers market size and actionable market insights on post COVID-19 impact on each segment.

 

Retransfer Card Printers Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 5.26%
Market growth 2022-2026	$ 168.01 million
Market structure	Fragmented
YoY growth (%)	4.44
Regional analysis	North America, Europe, APAC, South America, and MEA
Performing market contribution	North America at 48%
Key consumer countries	US, China, Germany, Japan, and France
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Ai Holdings Corp., DASCOM Americas SBI LLC, Entrust Datacard Corp., Evolis, HID Global Corp., IDP Corp. Ltd., Kanematsu Corp., Magicard Ltd., Matica Technologies Group SA, and Zebra Technologies Corp.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Retransfer Card Printers Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive retransfer card printers market growth during the next five years
• Precise estimation of the retransfer card printers market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the retransfer card printers industry across North America, Europe, APAC, South America, and MEA
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of retransfer card printers market vendors

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