Thermal Paper Market 2021 Industry Size, Share, Major Key Players, Segmentation, Trends Analysis Highlighting Opportunities and Development Status by 2025

Market Overview 

The Thermal Paper Market will touch the figure USD 4,391.0 million at a 4.87% CAGR between the forecast period 2016- 2023, states the recent Market Research Future (MRFR) analysis. Thermal paper is made with a specialty coating that allows inkless printing. This coating will blacken when it is exposed to heat and in turn, will transfer the image on paper.

Various factors are propelling the global thermal paper market share. According to the recent MRFR report, such factors include the growing point of sale terminal utility in services for labeling and billing, increasing product utilization in the food and beverage industry, need for POS supply solutions, product utilization, increasing acceptance in billing operations as this offers the ability of printing efficiently and fast, use in paper receipts, print precision and durability offered by thermal papers make it simple to read the barcode, and advances in thermal transfer technology.

On the contrary, price increase, concerns about BPA toxic levels, and the on-going COVID-19 impact may limit the global thermal paper market growth over the forecast period.

Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/880

Key players profiled in the global thermal paper market report include Rotolificio Bergamasco SRL (Italy), Gold Huasheng Paper (Suzhou Industrial Park) CO., Ltd Inc. (China), Jujo Thermal Ltd. (Finland), NAKAGAWA Manufacturing (USA), Inc. (US), Hansol (South Korea), MITSUBISHI PAPER MILLS LIMITED (Japan), KOEHLER GROUP (Germany), Appvion Operations, Inc. (the US), Oji Holdings Corporation (Japan), and Ricoh (Japan).

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global thermal paper market based on application and technology.

By technology, the thermal paper market is segmented into thermal transfer, direct thermal, and others. Of these, the direct thermal segment will lead the market over the forecast period for the different features such as high graphics capability, noise reduction, and good mobility.

By application, the global thermal paper market is segmented into labels and tags, lottery and gaming, POS, and others. Of these, the POS segment will dominate the market over the forecast period. The growing retail industry in China and India, coupled with the emergence of new supermarkets and hypermarkets, are adding to the growth of the segment.

Browse complete report @ https://www.marketresearchfuture.com/reports/thermal-paper-market-880

Regional Analysis

By region, the thermal paper market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America is predicted to spearhead the market over the forecast period. The growing need of POS thermal receipts, rapid advances in manufacturing approaches and equipment, increasing R&D activities, the presence of well-established retail sector, rising trends for instant billing in malls and shopping centers, and labeling and tagging operations for goods in industries are adding to the global thermal paper market growth in the region.

In Europe, the thermal paper market is predicted to have the second-largest share over the forecast period for the booming food & beverage sector.

In the APAC region, the thermal paper market is predicted to have a healthy growth over the forecast period. Developing printing and packaging industries, increase in supermarkets and retail outlets in Saudi Arabia, India, and China, increasing consumption of tags, consumer product labels, and receipts, demand for high-quality paper, changing economic dynamics, increasing manufacturing and import in India, and increasing imports of thermal paper in South Korea are adding to the global thermal paper market growth in the region.

In the RoW, the thermal paper market is predicted to have sound growth over the forecast period.

 Table of Content

1  Executive Summary$ 1,350.00

2  Introduction$ 0.00

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

4.1 Drivers 20

4.1.1 Growth In Packaged Food Industries 20

4.1.2 Growth In Pharmaceutical Industry 21

4.1.3 Increase In The Number Of ATM Machines 22

4.1.4 Growth In Retail Industry 22

4.2 Restraints 23

4.2.1 Fluctuating Supply And Prices Of Raw Materials 23

4.2.2 Availability Of Skilled Labor 23

4.3 Opportunities 24

4.3.1 Significant Growth In Italy Gaming Industry And Favourable Government Initiatives 24

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis 25

5.1.1 Threat Of New Entrants 26

5.1.2 Bargaining Power Of Suppliers 26

5.1.3 Bargaining Power Of Buyers 26

5.1.4 Threat Of Substitutes 26

5.1.5 Rivalry 26

5.2 Value Chain Analysis 27

………

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Tags: Global Thermal Paper, Thermal Paper Market forecast, Thermal Paper, Thermal Paper Market, Thermal Paper Industry, Thermal Paper Market analysis See Campaign: https://www.marketresearchfuture.com/reports/thermal-paper-market-880
Contact Information:
Media Contact Company Name: Market Research Future Contact Person: Abhishek Sawant Email: Send Email Phone: +1 646 845 9312 Address: Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar City: Pune State: Maharashtra Country: India Website: https://www.marketresearchfuture.com

Tags:
, Reportedtimes, Research Newswire, English