Thermal Paper Market 2018 Global Industry Analysis By Appvion, Oji Paper, Koehler Paper, Ricoh, Jujo Thermal, Mitsubishi Paper, Hansol Paper and Others

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

Thermal Paper Market Estimated To Tread Forward At The CAGR Of 4.35%

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Thermal Paper – Definition

Thermal paper is a distinct form of paper. It is varies from the conventional forms in its constituents. It consists of a coating that has the ability to change color when introduced to high temperatures. One of its most special features is that it can allow inkless printing. This is one of the major reasons why this kind of paper is used in thermal printers. When heat is passed on to the paper through the printers, it produces precise & clear words. And all of this is done without any sort of ink or ribbons. Lately, owing to development in the retail sector the global thermal paper market is gaining traction.

Thermal paper is covered with a solid-state blend of a suitable matrix and dye, one of the examples of such a dye is fluoran leuco. When this exterior coating is exposed to temperatures above its heating point, the paper changes color due to the reaction between the acid and dye. The color change then stays as it is because the matrix solidifies itself back quickly enough.

Normally, the coating tends to turn black when heated. But in some cases the coatings can also turn to red or blue colors. Whatever be the case, this form of paper has proven to be extremely useful for the retail industry. This in turn, has worked in the favor of the thermal paper market.

Market Scenario

At present every sector is undergoing a whole lot of changes. Due to this, it can be positively said that the future seems bright for the global thermal paper market. Experts believe that the market will generate a revenue of around 4.57 billion during the forecast period of 2018-2022. In terms of CAGR, the market is estimated to grow at the rate of above 4.3%.

There are many factors that collectively contribute towards the growth of this market. One of the major ones includes the high demand for switch to POS terminals from cash registers in the warehouse, retail, hospitality & laboratory sectors.

Another important aspect that propels the growth of the industry is the growing importance of labeling in the pharmaceutical & packaged food industry. The rising popularity of thermal spray coating can be termed as an additional growth driver for the industry.

However, the market may face certain challenges like strict governmental regulations towards the usage of bisephenol A. But with time the market will be successful in overcoming these issues.

Market Segmentation

The worldwide thermal paper market has been divided into, technologies, applications and regions.

On the basis of technologies, the industry is bifurcated into thermal transfer & direct transfer. Out of these the thermal transfer segment grabbed the largest market share in the year 2016. It is expected to do the same in future as well.

On account of applications, the market has been split into labels & tags, POS and lottery & gaming.

Geographically, the thermal paper market is extended across regions like North America, Europe, Asia Pacific & Rest of the World.

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Key Players & Market Strategies

The major strategies used by these companies is increased investment in product development and new product launches.

Some of the most renowned names of this industry are :

• Appvion, Inc. (U.S.)
• Oji Paper 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)
• Nakagawa Manufacturing Inc. (U.S.)

Innovations

Recently, the global thermal paper market saw the launch of carbonless thermal paper by Appvion. These papers have been precisely designed to provide rich and readable images to the readers. One of their main features is that they offer clear images at all print speeds.

Scope Of Report

The report for Global Thermal Paper Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table Of Contents

1 Executive Summary

2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Assumptions
2.4 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Drivers
4.1.1 Growth In Packaged Food Industries
4.1.2 Growth In Pharmaceutical Industry
4.1.3 Increase In The Number Of ATM Machines
4.1.4 Growth In Retail Industry
4.2 Restraints
4.2.1 Fluctuating Supply And Prices Of Raw Materials
4.2.2 Availability Of Skilled Labor
4.3 Opportunities
4.3.1 Significant Growth In Italy Gaming Industry And Favourable Government Initiatives

Continues...

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