Thermal Paper Market Worth USD 4,391.0 Million - Forecast to 2023 | CAGR of 4.66% To be Observed with Top Key Players - Appvion, Oji Paper, Koehler Paper Group, Ricoh Company, Mitsubishi Paper Mills and Others

Market research future published a cooked research report on Global Thermal Paper Market that contains the information from 2017 to 2023.

Global Thermal Paper Market Information Report, By Technology (Direct Thermal, Thermal Transfer, and Others), By Application (POS, Lottery & Gaming, Labels & Tags, and Others) and By Region - Global Forecast To 2023

Global thermal paper market is expected to grow with the CAGR of approximately 4.66% from 2017 to 2023.

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Thermal Paper is manufactured with specialty coating which enables inkless printing. This coating blackens when exposed to heat, and in turn transfers the image on the paper. The thermal paper has applications across gaming, lottery, retail, e-commerce, packaging & labelling, and others. The market is driven by various factors such as increased importance of labels and barcodes in the packaging of consumer goods. Additionally, growth in packaged food industries, also fuels the growth of the market. The rise in population in many countries, has led to an increase in food & beverage consumption, which ultimately increases the demand of packaging products. Also, the increase in consumer income in countries such as China, India, and Brazil, have led to the growth in demand for good-quality packaged food. However, fluctuating supply and prices of raw materials, may hamper the growth of the market.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 135 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Thermal Paper Market Information from 2017 to 2023"

Key Players

The key players of global thermal paper market are Appvion, Inc. (U.S.), Oji Paper (Thailand) Ltd. (Thailand), Koehler Paper Group (Germany), Ricoh Company Ltd (Japan), Jujo Thermal Ltd. (Finland), Mitsubishi Paper Mills Ltd. (Japan), Hansol Paper Co., Ltd (South Korea), and Nakagawa Manufacturing (USA), Inc. (U.S.).

North America region dominates the global thermal paper market

On the basis of region, the market has been segmented as North America, Europe, Asia Pacific and Rest of the World (ROW). North America accounted for the largest market share of 37.27% in 2016, with a market value of USD 1,197.4 Million. The region has witnessed increased demand of thermal paper from POS application mainly due to the high internet penetration in the countries such as U.S. and Canada. The POS applications demand thermal paper for receipts, acknowledgements, and bills. The U.S. is the major market in North America. The country houses one of the biggest international retail chains such as Walmart and Amazon. This makes it an important market for thermal paper. Europe was the second-largest market in 2016, valued at USD 883.8 Million. The region accounts for increasing sales of retail industry, from both brick and mortar and online stores. The retail industry is seen pacing significantly, especially in the countries of Netherlands, U.K., and Germany. Hence, Europe is projected to grow at a CAGR of 4.38%.

Asia Pacific region is expected to grow at the highest CAGR of 5.12% during the forecast period. The region is regarded as one of the fastest growing regions, in terms of sales from both retail and online stores. With increasing disposable income and changing consumer preferences, there has been an inclination towards purchasing from online platforms, especially the international ones such as Amazon. China is the major market in Asia Pacific region, owing to the increasing population and increasing demand for consumer goods.

Rest of the World includes the South America, and Middle East & Africa regions. This region is expected to grow from market size of USD 453.3 million in 2016 to USD 599.4 million by 2023. The region is expected to grow at 4.01% CAGR during the forecast period.

Scope of the Report:

This study provides an overview of the global thermal paper market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and ROW. The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global thermal paper market by its technology, application, and region.

Global Thermal Paper Market, By Technology
• Direct Thermal
• Thermal Transfer
• Others

Global Thermal Paper Market, By Application
• POS
• Lottery & Gaming
• Labels & Tags
• Others

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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators

Geographic Analysis
• Geographical analysis across 15 countries

Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies

Brief TOC :

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

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