Global Thermal Paper Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.5 % from 2018 to 2025. In 2017, the global market valuation was USD 3.2 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The expansion is due to the expanding industry of POS terminals and heavy label request. In emerging countries, such as China, India and the Near East, an increasing food and beverage industry is also anticipated to boost supply.
Thermal paper is used extensively in POS terminals because it provides humidity strength, scanning capacity for barcode, and elevated temperature stabilization. Furthermore, the industry is anticipated to boost outstanding thermal paper characteristics such as durability, as compared to traditional colored plastic and the development of POS terminals. In creating countries like China, India, the Middle East, and other developing countries, the growing marketing industry is anticipated in the coming years to increase supply for thermal paper. In addition, it is anticipated that fresh supermarkets and hypermarkets and the growing use of the hot document will boost the requirement for the item in money registers, card receipts and ATM tables.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global thermal paper market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal paper market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Technology Insights: On the basis of technology, the global thermal paper market has been segmented into direct thermal, thermal transfer. Among which direct thermal segment has accounted for the largest share in forecast period. The development is anticipated to lead to increasing the acceptability of innovation as the perfect option for the printer sector. The section is anticipated to appear impressively in the forecast period thanks to characteristics, such as high flexibility, noise reduction and complete processing capacity of this technology.
The chemical therapy and heat susceptible materials which turn white after being produced under the name of direct heat technology is commonly used in thermal paper. Therefore, the durability of immediate heat technologies oriented fabric is anticipated to enhance by simple layout, elevated effectiveness and small operating costs, which drive the industry.
By Application Insights: On the basis of application, the global thermal paper market has been segmented into POS, lottery & gaming, tags & label. Among which POS segment is expected to be the highest growing segment in the global market of thermal papers. It is anticipated that the sector will see substantial development in the coming years as the retail industry in countries such as India and China grows. Newmarket growth is affected also by the emergence of hypermarkets and supermarkets such as The Future Group, Wal-Mart and Reliance.
Growing supply for the retail POS terminals drives the requirement for POS. In addition the POS request will be further raised, fueling the requirement for thermal paper in the coming years, with growing sensitivity to product leadership in the manufacturing sector, retail and public to ensure optimum database retention for operations.
The thermal paper market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
The largest region of growth was reported in North America in 2018 and the growth in a large CAGR is expected over the forecast period. The projected development is due to the existence of many well-known producers in the region. However, business development is anticipated to be affected by the implementation of e-commerce applications in the region. In the close future, North America, particularly in markets like Canada and the US, is anticipated to have a favorable perspective. In addition, the rise in pharmaceutical and food and beverage supply in conjunction with public policies that encourage national investment in Mexico is anticipated to boost local supply.
Europe was a significant player in the thermal paper industry and, as the environmental coating is growing, it is anticipated to grow steadily during the forecast period. In contrast, Asia-Pacific is anticipated to grow over the prediction era at a high CAGR in income. Growth can be ascribed to the strong supply for commodity products and the development of national supermarkets.
Global Thermal Paper Market Size, Share Analysis by Region 2017
Global Thermal Paper Market Study Objective
1. To forecast the market size of thermal paper market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of thermal paper market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of thermal paper market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of thermal paper market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the thermal paper market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Ricoh Company, Ltd., Appvion Incorporated, Mitsubishi Paper Mills (MPM), Oji Holdings Corporation, PM Company, Nakagawa Paper Rolls, Koehler Paper, Hansol Paper, Jujo Limited, and Siam Paper are some of the key players in the market of thermal paper.
Global Thermal Paper Market Study Report Offer You!
The global thermal paper market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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