Direct Thermal Ticket Paper Market size See Incredible Growth during 2029

Direct Thermal Ticket Paper Market: Introduction

Transparency Market Research delivers key insights for the direct thermal ticket paper market in its published report, which includes global industry analysis, size, share, growth, trends, and forecast for 2021-2029. In terms of revenue, the global direct thermal ticket paper market is projected to expand about 1.4x its current market value by the end of 2029, owing to the fueled demand for anti-counterfeiting in tickets, which ultimately facilitates the direct thermal ticket paper market growth. The transport ticket application segment is likely to create an incremental opportunity of more than US$ 84.9 Mn between 2021 and 2029. The top-coated paper is highly demanded in the direct thermal ticket paper market.

Direct thermal ticket papers are gaining notable traction, along with POS receipt and label applications, as tickets have displayed remarkable progression in segments such as lottery & gaming tickets, admission/event tickets, and transport tickets (boarding passes, ATB/Baggage tags, and others).

TMR also expects direct thermal ticket papers with thickness up to 70 GSM to bag half of the market share in terms of value. However, direct thermal ticket papers with above 120 GSM are expected to witness exceptional growth, owing to their added security and durability features, especially for lottery & ticketing purposes. Therefore, lucrative sales opportunities are expected for direct thermal ticket paper in near future.

For better market understanding, the research team has analyzed consumption and sales of direct thermal ticket paper as per the thickness of the paper across five regions. The consumption of direct thermal ticket paper as an application of various tickets is rapidly progressing over the past three years. As per the TMR analysis, the Asia Pacific region is forecast to hold a market share of more than 35% of the global direct thermal ticket paper market by 2029. North America and Europe are foreseen to dominate the market in 2021, owing to the wide applicability of direct thermal ticket paper.

𝐆𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.transparencymarketresearch.com/direct-thermal-ticket-paper-market.html

Forgeries in Public Transport Tickets to Spur Demand for Direct Thermal Ticket Papers

In the last decade, pre-eminent countries in Europe have seen a disturbing rate of forgeries/counterfeits in public transport tickets. Thermal paper is a speciality paper with a composition that claims major effort to be duplicated and has thus, appeared as an ideal in forgery-proof ticketing applications.

According to the annual report by Swiss Federal Railways (SBB), there were approx. 270 cases of ticket counterfeiting registered of which, nearly 50 cases were referred to as international forgery. More security is offered by the direct thermal ticket paper and due of its look and feel, it gets very difficult to forge.

𝐈𝐦𝐦𝐞𝐝𝐢𝐚𝐭𝐞 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐀𝐯𝐚𝐢𝐥𝐚𝐛𝐥𝐞 | 𝐒𝐚𝐯𝐞 𝐮𝐩 𝐭𝐨 𝟐𝟎% 𝐛𝐲 𝐩𝐮𝐫𝐜𝐡𝐚𝐬𝐢𝐧𝐠 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 - https://www.transparencymarketresearch.com/checkout.php?rep_id=67877<ype=S

Digital Boom to Pose as Major Challenge for Direct Thermal Ticket Paper Market

Key producers of direct thermal ticket papers eagerly quote that "quality with additional security peculiarities incites higher printing cost", which has surfaced as a crucial challenge for the direct thermal ticket paper demand over the past decade. Online ticketing systems and electronic data transmission in industries such as retail, gaming, transport, etc., have lessened paper usage for boarding passes, entrance tickets, and others.

Consumers, particularly in developed economies, largely favor digital/mobile tickets due to a more secure authentication process and transparency. Secondly, the cost is another major challenge faced by geographical manufacturers of thermal ticketing paper. This could hinder the sales of direct thermal ticket papers in these regions.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=67877

Direct Thermal Ticket Paper Market: Competition Landscape

The global direct thermal ticket paper market is highly fragmented in nature into which, major share of the market holds by domestic and local market players. Some of the key players operating in the global direct thermal ticket paper market are Domtar Corporation, Nippon Paper Group, Ricoh Company Ltd., Oji Holdings Corporation, UPM-Kymmene Oyj, and AhlstromMunksjö Oyj.

The tier structure is formulated on the basis of segmental revenue and market share of the company. As per the tier structure, Nippon Paper Group, Ricoh Company Ltd., and Oji Holdings Corporation are Tier 1 players in the direct thermal ticket paper market. These players are focusing on the expansion of their production capacity, acquiring local players to strengthen their customer ,base and enhancing their product quality to increase its footprint across the globe. Tier 2 players include UPM-Kymmene Oyj, AhlstromMunksjö Oyj, and Domtar Corporation.

𝐂𝐥𝐢𝐜𝐤 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=67877

Global Direct Thermal Ticket Paper Market: Segmentation

Direct Thermal Ticket Paper Market by Thickness

Up to 70 GSM
70 GSM to 90 GSM
90 GSM to 120 GSM
Above 120 GSM
Direct Thermal Ticket Paper Market by Paper Type

Top-coated Paper
Non Top-coated Paper
Direct Thermal Ticket Paper Market by Application

Transport Tickets
Road Transport
Air Transport
Seaways Transport
Admission or Events Tickets
Sports Events
Concert Events
 Cultural Events
Artistic Events
Park Events
Cinema
Others
Lottery Tickets
Bill Tickets
Tote & Gaming Tickets
Valet Parking Tickets
Barcode Tickets
Baggage Counter Tickets
Other Custom Ticketing Applications

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

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Personal Care Packaging Market - https://www.digitaljournal.com/pr/personal-care-packaging-market-trends-active-key-players-and-growth-projection-up-to-2027

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