The Pivotal Study of Global Thermal Paper Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026

The Pivotal Study of Global Thermal Paper Market – Market Synopsis, Industry Key Players, Market Tracking, Regional Forecast till 2026

Ÿ   Base Year: 2018

Ÿ   Estimated Year: 2019

Ÿ   Forecast Period: 2019 to 2026

Description:  

According to the report, the thermal paper market is expected to grow from USD 3,140 million in 2019 to USD 4,681 million by 2026, growing at a CAGR of 5.87% from 2019 to 2026.

Factors such as increasing consumption of processed and packaged foods, growth in pharmaceutical industry, and increase in the number of ATMs are fueling the growth of the thermal paper market. However, the fluctuating supply & prices of raw materials, and non-availability of skilled labor restrain the growth of the thermal paper market. Also, certain governmental initiatives mandating the labelling of fresh and processed foods is another factor driving the demand for thermal paper.

Thermal paper is a special fine paper that is coated with a material formulated to change color when exposed to heat. It is used in thermal printers and particularly in inexpensive or lightweight devices such as adding machines, cash registers, and credit card terminals.

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Competitive Insights

Major manufacturers profiled in the analysis report include Oji, Ricoh Company, Jujo Thermal, Chenming Group, JiangHe Paper, Mitsubishi Paper, Guangdong Guanhao High-Tech, Koehler Paper Group, Jiangsu Wampolet Paper, Hansol Paper, Nakagawa, and others.

Regional Insights

The global thermal paper market has been segmented into North America, Asia-Pacific, and Europe, the Middle East, and Africa. Europe is the largest market with a proportion of 38.45%, followed by North America and Asia-Pacific, accounting for 26.39% and 24.82% respectively. The U.S. and Canada contribute major market shares in North America region owing to the high prevalence of food & beverage and healthcare manufacturing companies in these countries.

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Type Insights

The various product types are Top Coating Thermal Paper, No-top Coating Thermal Paper, Standard Thermal Paper, Premium Thermal Paper, Synthetic Media, and Other.

Application Insights

The Thermal Paper is deployed in various end users: POS Applications, Plotting and Recording, Self-Adhesive Labels, Tickets, Others.

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Audience

•     Thermal paper manufacturers

•     Raw material suppliers of thermal paper

•     Small and Medium-sized Enterprises (SMEs)

•     Distributors and resellers of thermal paper

•     Thermal paper industry associations

•     Product managers, thermal paper industry administrator, C-level executives of the industries

•     Market Research and consulting firms

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