Thermal Paper Market Business Overview, Status and Prospect, Forecast 2020 to 2027

What is Thermal Paper?

Thermal paper is a specialty paper that allows for inkless printing. The thermal paper is coated with a material that changes its color when subjected to heat. It is suitably used in thermal printers, cash registers, adding machines, and credit card terminals. The print heads in these machines are capable of heating the required areas of the paper and making them legible to read. They are specifically engineered to provide clear and legible images at all print speeds for remarkable readability.

The prevalent uses of thermal papers in paper receipts, shipping labels, lottery tickets, parking tickets, coupons, luggage tags, labels for RFID, point-of-sale receipts, entertainment and gaming tickets has led to significant demand for thermal papers in the recent years. The consumer preference for cashless payments together with a government initiative to facilitate the transition to a cashless economy and the growing scope of point-of-sales applications are likely to spur the growth of the thermal paper market. Bisphenol A (BPA) is an organic synthetic compound that is used as a color developer in the thermal papers. BPA is regarded as a health hazard as it has been known as an endocrine disruptor. The negative effect of thermal paper containing BPA on hormonal functions is likely to pose a risk to the growth of the thermal papers. However, the availability of BPA free thermal paper is likely to augment the demand for BPA free thermal papers in the forecast period.

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Major vendors covered in this report:
- Appvion, Inc
- Gold Huasheng Paper Co., Ltd.
- Hansol Paper Co
- Henan Province JiangHe Paper Co., Ltd.
- Jujo Thermal Limited
- Koehler Paper Group
- Mitsubishi Paper Mills (MPM) Limited
- Oji holdings
- Ricoh Company, Ltd.
- Siam Paper Public Co. Ltd

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Thermal Paper market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Thermal Paper market segments and regions.

The research on the Thermal Paper market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Thermal Paper market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and info graphics.

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The research provides answers to the following key questions:
1. What is the estimated growth rate of the market for the forecast period 2020–2027? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Thermal Paper market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Thermal Paper market?
4. What are the prominent market trends influencing the development of the Thermal Paper market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Thermal Paper market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Pune,India

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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