By Type (Top Coated, Non-Top Coated), By Technology (Direct Thermal, Thermal transfer, Others), By Application (POS Receipts, Lottery & gaming Tickets, Labels & Tags, and Others), By End-Use Industry (Packaging & Labelling, Printing, Retail, Others) Industry Analysis Report, Regional Outlook
Thermal Paper is a breakthrough product that has a unique way of getting printed on. It responds to varying levels of heat signatures to result in printing. Thus, no ink is used in the operation. This is a game-changer for a lot of businesses.
Thermal Paper market revenue is estimated to be $XX Billion in 2022 and shall grow with a CAGR of XX.X% during the forecast period of 2022 to 2031.
Analysis by Type
Top-coated thermal paper is a versatile product. It will continue to maintain its space in the market owing to its phenomenal print quality. Crucial print media such as graphics, logos, warranty documents, and price quotes need to be in sublime form as they are the face of the company. These are referred to as transactional documents. Top-coated papers are redefining the durability levels of prints. Some studies have proven that they remain as legible on the day of the print as 20 years after. Thus, the demand for such a vital asset will grow profoundly over the forecasted period.
Analysis by Technology
Certain businesses operate in mobile environments. In such scenarios, all printing needs are fulfilled by direct thermal technology. Visitor tags, compliance labels, and parking tickets are examples. The phenomenal ease with which printing happens from a relatively weightless printer is the lifeline of these transactions.
The nature of operations is very frugal. This is because there is no need for large laser printers. The variable cost is low and thus is not a burden on the operating company. Additionally, the longevity of these papers is exceptional. It is very likely to surge in demand and caters positively for the players involved.
Analysis by Application
The most profound application areas include POS receipts, Lottery & Gaming tickets, and Labels & Tags. Of these, special mention has to be made of POS receipts. This is since they are mostly used in retail transactions. The transaction counts are the highest in this category as the buyers are almost always end-users. Moreover, it is a retail setting and thus witnesses a lot of footfall. With an increase in population and the POS infrastructure, the product is set for a pull in demand. The ever-evolving integrations are an added advantage.
Analysis by End-use industry
This category deals with Packaging & Labelling, Printing, and Retail as the main end-use industries. Labels are gaining a lot of demand owing to government mandates for manufacturers to explicitly state vital information on their products. Since this is turning into a policy mandate, it is widely accepted that thermal paper is set to receive large revenue jumps in the forecasted timeline.
Analysis by Region
Double-digit growth is expected in the Asia-Pacific region. This will be primarily led by China, India, & Japan. New urban centers are on the rise and will boost product sales in these regions.
Analysis by Market
Companies are focussing on strategies to increase their production base. Most large players have reported substantial revenue growth as part of their forecasts for the period. Product-specific investments are also on the way across most organizations. Moreover, industry collaborations are on the rise to garner synergy in this space.
● Market Revenue Estimation and Forecast (2022 – 2031)
● Market Production Estimation and Forecast (2022 – 2031)
● Market Sales/Consumption Volume Estimation and Forecast (2022 – 2031)
● Breakdown of Revenue by Segments (2022 – 2031)
● Breakdown of Production by Segments (2022 – 2031)
● Breakdown of Sales Volume by Segments (2022 – 2031)
● Gross Margin and Profitability Analysis of Companies
● Business Trend and Expansion Analysis
● Import and Export Analysis
● Regional Analysis and Market Data Breakdown
By Type Outlook ($Revenue and Unit Sales, 2022-2031)
• Top coated
• Non-top coated
By Technology Outlook ($Revenue and Unit Sales, 2022-2031)
• Direct Thermal
• Thermal transfer
By Application Outlook ($Revenue and Unit Sales, 2022-2031)
• POS receipts
• Lottery & Gaming tickets
• Labels and tags
By End-use Industry ($Revenue and Unit Sales, 2022-2031)
• Packaging and Labelling
By Regional Outlook ($Revenue and Unit Sales, 2022-2031)
• North America
5. South Korea
• LAMEA & MEA
2. Saudi Arabia
3. South Africa
• Oji holdings
• Ricoh Company, Ltd
• Appvion, Inc
• Koehler Paper
• Hansol Paper
• Mitsubishi Paper Mills (MPM) Limited
• Siam Paper
• Gold Huasheng Paper Co., Ltd.
• Henan Province JiangHe Paper Co., Ltd.
• Jujo Thermal Limited
• Nakagawa Manufacturing Inc.
• Thermal Solutions International, Inc.
• PM Company
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