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Thermal Paper Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Global Thermal Paper Market: By Type (Glass, Plastic, Ceramic and Others): By Width (50-60 Microns, 60-70 Microns, 70-80 Microns and 80-90 Microns): By Printing Technology (Direct Thermal and Thermal Transfer): By Application (Thermal Printers, Lottery Systems ad Ticketing Centers, Point of Sale Terminals, Document and Labels, and Others): By End User (Healthcare, Retail, Printing and Publishing, Entertainment and Transit, Packaging and Labelling, and Others): By Region—Industry Dynamics, Market Size, Opportunity and Forecast for 2022–2030

  • Published Date: Nov-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA1122319  | Delivery: 2 to 4 Hours


Report AttributeDetails
Market Size Value in 2021US$ 1,457.50 Million
Expected Revenue in 2030US$ 3,183.69 Million
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
Segments coveredBy Type, By Width, By Printing Technology, By Application, By End-User, By Region 
Key Companies                                                                                             Appvion Incorporated, Domtar Corporation, Hansol, Henan Jianghe Paper Co. Ltd., Jujo Thermal Paper, Rotolificio Bergamasco, koehler paper group, Lecta Group, Mitsubishi HiTech Paper, Nakagawa Manufacturing (USA) Inc., Oji Holdings Corporation, Ricoh Industry, Thermal Solutions International Inc., Other Prominent Players 
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Replacement of bisphenol- a novel color developers is the current in the thermal paper market.

Thermal inkjet printing is the best way to go as it offer a lesser footprint on the production floor, allowing more space.

The global thermal paper market is projected to grow at a CAGR of 9.6% during the forecast period 2022-2030 and is expected to reach US$ 3,183.69 Million. 

Factor such as rising use of POS terminals in retail stores and increasing demand from packaging and labelling boost the market growth.

The thermal transfer segment holds highest CAGR in the global thermal paper market during the forecast period.

Asia Pacific region is growing with the highest CAGR of 11% during the forecast period. 

The growing digitalization of transaction hamper the growth of market.

China holds the major share in term of revenue in the Asia Pacific thermal paper market.

The breakout of COVID-19 around the world, had a negative influence on the thermal paper market growth.

Based on end users, the retail segment held the highest segmental share of 71.6% in 2021.

In 2021, North America accounted to be the second-largest regional market in thermal paper market.

Some of the key players operating in the market are Ricoh Industrie, Oji Holdings Corporation, Mitsubishi Paper Mills, Koehler paper group, Appvion Incorporated, Domtar Corporation, Hansol, Henan Jianghe Paper Co. Ltd. and Jujo Thermal Paper among others.