Thermal Paper Market 2020 | COVID-19 Analysis, Size, Trends, Application, Business Strategies, Profit Growth, Industry Share, Competitive Landscape, Outlook, Segments and Regional Forecast 2025

Summary

Global Thermal Paper Market Information by Technology (Direct Thermal, Thermal Transfer, and Others), Application (Point-Of-Sale (POS), Lottery & Gaming, Labels & Tags, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2025

Market Overview

Thermal paper has a special pigment coating, which on the exposure to heat and light changes its color. Compared to normal paper, thermal papers can retain clear prints for a longer time. They are compatible with various printing machines, making them suitable for usage in fields like entertainment, banking, and others. Thermal paper is now being used in the food & beverage industry, and its rapid global expansion has accelerated the market’s growth rate. These papers are used in shopping centers as the demand for rapid billing applications is rising.

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The rising demand for radio frequency identification (RFID) tags in medical and pharmaceutical industries has added to the tally of this market and provides lucrative growth opportunities globally. The market is expanding rapidly with the introduction of new market players, which has increased the competition within the market but has provided the necessary growth to this market. The manufacturers are investing in research & development programs to introduce new and reliable products resulting in the rapid expansion and usage of thermal papers.

Apart from the uses and features, the global thermal paper market faces challenges from the online point of sale (POS) and fluctuating raw material costs, which has resulted in sluggish growth of this market. This report provides a comprehensive outlook on competition, opportunities, drivers & restraints, and other factors affecting the local and global thermal paper market. The global market is anticipated to register approximately a 05 % annual growth during this period.

Key Players

The strategic contenders in the Thermal Paper Market Share are Oji Holdings Corporation (Japan), Ricoh (Japan), Appvion Operations, Inc. (the US), MITSUBISHI PAPER MILLS LIMITED (Japan), NAKAGAWA Manufacturing (USA), Inc. (US), KOEHLER GROUP (Germany), Jujo Thermal Ltd. (Finland), Hansol (South Korea), Gold Huasheng Paper (Suzhou Industrial Park) CO., Ltd Inc. (China) and Rotolificio Bergamasco SRL (Italy).

Market Division

The global thermal paper market is segmented into classes as follows:

The global thermal paper market is segmented by thermal transfer, direct thermal, and others based on technology.

Based on applications, the global thermal paper market is segmented into POS, labels & tags, lottery & gaming, and others.

Regional Classification

The thermal paper market has gained global adoption due to its rising demands in POS and better alternates. The Asia Pacific, North America, Europe, and the rest of the world are the major market studies for the global thermal paper market. The North American region is leading the market due to the presence of key manufacturers, demands for advanced technologies, increasing research & development activities, and other factors. The European region follows the leader to the second place and is moves forward at high speeds due to expanding retail industry and will provide endless opportunities in the future.

Industry News

The global thermal paper market is moving at impressive rates and has found its applications in various industries. POS is leading the group in the applications segment, and direct thermal is leading the market in the technology segment. The companies are investing in research & development programs. They are moving to global markets as they have low labor costs and high production capacities, as the rapidly developing regions are capable of producing vast opportunities. The North American region is currently the largest market and will maintain its lead during this tenure, followed by the European region.

Table Of Content

Executive Summary

2 Introduction

2.1 Definition 13

2.2 Scope Of The Study 13

2.3 Assumptions 13

2.4 Market Structure 14

3 Research Methodology

3.1 Research Process 15

3.2 Primary Research 16

3.3 Secondary Research 16

3.4 Market Size Estimation 16

3.5 Forecast Model 18

4 Market Dynamics

Continues….

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