Global Thermal Paper Market Growth 2023-2029
Thermal paper is a special paper type that is manufactured with specialty coating that aids in inkless printing. On application of heat to the coating, a clear image is formed on the paper with no requirement for ribbons or inks. The coating usually turns black on heating, which, in turn, transfers the image to the paper. Thermal paper is the key component of thermal paper printing, which is considered one of the most economical printing technologies owing to its low energy consumption and low maintenance cost.
Thermal paper is originally termed as thermal fax paper or thermal recording paper. The paper is coated with a colorless formula, which will develop an image by the application of heat. The paper may be used as fax paper on fax machines, as thermal recording paper on cardiographic or industrial recording devices, or converted to ATM rolls or POS rolls for ATM or Place of Sale applications. Thermal paper with additional top-coat or semi top-coat may be used for logistic and supermarket labels, lottery tickets, train tickets, and many other applications.
LPI (LP Information)' newest research report, the “Thermal Paper Industry Forecast” looks at past sales and reviews total world Thermal Paper sales in 2022, providing a comprehensive analysis by region and market sector of projected Thermal Paper sales for 2023 through 2029. With Thermal Paper sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Thermal Paper industry.
This Insight Report provides a comprehensive analysis of the global Thermal Paper landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Thermal Paper portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Thermal Paper market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Thermal Paper and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Thermal Paper.
The global Thermal Paper market size is projected to grow from US$ 2239.7 million in 2022 to US$ 2795.2 million in 2029; it is expected to grow at a CAGR of 2795.2 from 2023 to 2029.
The major players in global thermal paper market include Oji, Koehler, Appvion, etc. The top 3 players occupy about 50% shares of the global market. North America, China and Europe are main markets, they occupy about 75% of the global market.
This report presents a comprehensive overview, market shares, and growth opportunities of Thermal Paper market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Top Coating
No Top Coating
Segmentation by application
POS Applications
Plotting and Recording
Self-Adhesive Labels
Tickets
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Oji
Koehler
Appvion
Mitsubishi Paper
Ricoh
Hansol
Jujo Thermal Paper
ChenMing
Jianghe
Guanhao
Jiangsu Wampolet Paper
Xianhe
Key Questions Addressed in this Report
What is the 10-year outlook for the global Thermal Paper market?
What factors are driving Thermal Paper market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Thermal Paper market opportunities vary by end market size?
How does Thermal Paper break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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