The global Thermal Paper market was valued at US$ 1912 million in 2020 and it is expected to reach US$ 2741.8 million by the end of 2027, growing at a CAGR of 3.1% during 2021-2027.
Thermal paper is a special paper type that is manufactured with specialty coating that aids in inkless printing. On application of heat to the coating, a clear image is formed on the paper with no requirement for ribbons or inks. The coating usually turns black on heating, which, in turn, transfers the image to the paper. Thermal paper is the key component of thermal paper printing, which is considered one of the most economical printing technologies owing to its low energy consumption and low maintenance cost.
Thermal paper is originally termed as thermal fax paper or thermal recording paper. The paper is coated with a colorless formula, which will develop an image by the application of heat. The paper may be used as fax paper on fax machines, as thermal recording paper on cardiographic or industrial recording devices, or converted to ATM rolls or POS rolls for ATM or Place of Sale applications. Thermal paper with additional top-coat or semi top-coat may be used for logistic and supermarket labels, lottery tickets, train tickets, and many other applications.
The major players in global thermal paper market include Oji, Koehler, Appvion, etc. The top 3 players occupy about 50% shares of the global market. North America, China and Europe are main markets, they occupy about 75% of the global market.
Global Thermal Paper Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Thermal Paper Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Oji, Koehler, Appvion, Mitsubishi Paper, Ricoh, Hansol, Jujo Thermal Paper, ChenMing, Jianghe, Guanhao, Jiangsu Wampolet Paper, Xianhe and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-thermal-paper-market-outlook
Segment by Type
- Top Coating
- No Top Coating
Segment by Application
- POS Applications
- Plotting and Recording
- Self-Adhesive Labels
Table of Content:
1 Thermal Paper Market Overview
2 Thermal Paper Market Competition by Manufacturers
3 Thermal Paper Retrospective Market Scenario by Region
4 Global Thermal Paper Historic Market Analysis by Type
5 Global Thermal Paper Historic Market Analysis by Application
6 Key Companies Profiled
7 Thermal Paper Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Thermal Paper Market Dynamics
10 Global Thermal Paper Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.