Press release
Thermal Paper Market Projected to Reach $6.62 Billion by 2028 with a CAGR of 8.5% within the Forecast Period 2024-2033
Thermal Paper Market Report
The Business Research Company presents an extensive market research report on the Thermal Paper Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The thermal paper market size has grown strongly in recent years. It will grow from $4.39 billion in 2023 to $4.77 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growth of banking and financial services, logistics and transportation sector growth, healthcare industry demand, government initiatives for digital receipts, convenience in label printing, environmental and cost considerations.
The thermal paper market size is expected to see strong growth in the next few years. It will grow to $6.62 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to expansion of smart packaging, rise of contactless payment systems, demand in emerging economies, shift towards sustainable thermal pape, customization and branding needs. Major trends in the forecast period include advancements in printing technologies, increasing use of bpa-free thermal papers, customization and specialty thermal papers, growing retail and point-of-sale (pos) applications, collaborations and partnerships..
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8118&type=smp
Key Market Players:
Major companies operating in the thermal paper market report are Ricoh Corporation, Oji Holdings Corporation, Appvion InCorporated, Jujo Thermal Limited, Lecta Group, Koehler Paper Group, Mitsubishi HiTec Paper Europe GmbH, Hansol Europe BV, Gold HuaSheng Paper Company Limited, Papierfabrik Wattens GmbH & Co. KG, Henan Province JiangHe Paper Company Limited, Thermal Solutions International Inc., Rotolificio BergamasCo. Srl, PM Company LLC, Nakagawa Manufacturing Co. Ltd., Siam Paper Co. Ltd., Nantong Xiujun Imp.& Exp.Co. Ltd., Zhejiang Youcheng New Materials Co. Ltd., Shanxi Oceano Paper Co. Ltd., Tianjin Jinlida Paper Co. Ltd., Jiangsu Guoli Science & Technology Co. Ltd., Xiandai Paper Co. Ltd., PapiCo. Ltd., Guofeng Fine Paper Co. Ltd., RP Paper Impex Pvt. Ltd., Apex Paper International Inc., Stellar Paper Products Private Limited, Daio Paper Corporation, TOPPAN PRINTING COMPANY Ltd., Canon Inc.
Market Drivers:
The demand for sustainable labelling practices is driving the growth of the thermal paper market. Sustainable direct thermal solutions are in high demand in the e-commerce and logistics industries. The industry is projected to move toward more renewing methods with recycled direct thermal papers as demand for sustainable labeling standards grows. For instance, in February 2022, according to the FATitudes survey conducted in 2021 among approximately 6,000 primary grocery shoppers in 11 countries by Cargill Incorporated, a US-based food corporation, more than half (55%) of customers worldwide are more likely to buy a packaged food item that is labelled with a sustainability label promise. 37 percent of the 550 Americans who took part in the survey claimed that a sustainability claim will affect their purchasing decisions, which is a six-point rise from 2019. Therefore, the demand for sustainable labelling practices is expected to propel the growth of the thermal paper market over the coming years.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/thermal-paper-global-market-report
The thermal paper market covered in this report is segmented -
1) By Type: Top Coated, Non-Top Coated
2) By Technology: Direct Thermal, Thermal Transfer, Other Technologies
3) By Thickness: 60-80 Microns, 80-90 Microns
4) By Application: POS Receipts, Lottery and Gaming Tickets, Labels and Tags, Other Apllications
5) By End User: Retail Industry, Healthcare, Packaging and Labelling, Printing and Publishing, Entertainment and Transit, Other End Users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Thermal Paper Market Projected to Reach $6.62 Billion by 2028 with a CAGR of 8.5% within the Forecast Period 2024-2033 here
News-ID: 3365038 • Views: …
More Releases from The Business Research Company
Segment Analysis and Major Growth Areas in the Isoflavones Market
The isoflavones market is poised for remarkable growth over the coming years, driven by increasing consumer awareness and expanding applications across various industries. With rising interest in health supplements and natural ingredients, this market is attracting significant attention from manufacturers and investors alike. Let's delve into the market's size, key players, emerging trends, and segment breakdowns shaping its trajectory.
Projected Market Size and Growth Outlook for Isoflavones
The isoflavones market…
Key Strategic Developments and Emerging Changes Shaping the Infant Nutrition Mar …
The infant nutrition market is on track for substantial expansion in the coming years, driven by evolving consumer preferences and advancements in product offerings. As parents increasingly seek high-quality nutrition solutions tailored to their babies' needs, the sector is poised for remarkable growth through innovative products and diverse distribution channels. Let's explore the market's size projections, key players, emerging trends, and segment breakdowns shaping this dynamic industry.
Projected Growth Trajectory and…
Leading Companies Advancing Innovation and Growth in the Immune Health Supplemen …
The immune health supplements sector is gaining significant traction as consumers increasingly prioritize wellness and preventive care. With a growing interest in personalized nutrition and plant-based options, this market is set to expand rapidly. Let's explore the expected market size, key players, emerging trends, and segmentation that define the future of immune health supplements.
Projected Expansion of the Immune Health Supplements Market by 2030
The immune health supplements market is…
Honey Spread Market Overview: Major Segments, Strategic Developments, and Leadin …
The honey spread market is gaining significant momentum as consumers increasingly seek healthier and more flavorful alternatives to traditional spreads. Growing awareness around natural ingredients and sustainability, combined with e-commerce expansion and innovative product offerings, is set to shape the future of this sector. Below, we explore the market's size, key players, emerging trends, and segmentation to provide a comprehensive outlook through 2030.
Robust Expansion Expected in the Honey Spread Market…
More Releases for Paper
Newsprint Paper Market | Alberta Newsprint, BO Paper Group, Daio Paper, Emami Pa …
Introduction:
The introduction to the report serves as a gateway into the comprehensive world of the newsprint paper market. As industries continue to evolve and adapt to changing consumer demands and technological advancements, understanding the market dynamics becomes paramount for industry stakeholders. The report takes on the responsibility of offering a profound and all-encompassing analysis of the newsprint paper market, catering to the needs of a diverse audience that includes manufacturers,…
Paraffin Paper Market to Witness Massive Growth by 2027 | Patty Paper, Dunn Pape …
A new research document released by HTF MI with title "Global Paraffin Paper Market SWOT analysis by Size, Status and Forecast 2022 to 2027" provides a complete assessment of Paraffin Paper Market. The study focuses on changing market dynamics, geopolitical and regulatory policies, key players Strategies to better analyse demand at risk across various product type. Some of the major and emerging players analysed in the study are Dunn Paper,…
Pulp and Paper Market Key Player Analysis By sappi, Lee & Man Paper, Nippon Pape …
Global Pulp and Paper Market Research Report 2018–2025 is a historical overview and in-depth study on the current & future market of the Pulp and Paper Industry. The report represents a basic overview of the market status, competitor segment with a basic introduction of key vendors, top regions, product types and end industries. This report gives a historical overview of the market trends, growth, revenue, capacity, cost structure, and…
Global Waste Paper Recycling Market Forecast 2019-2026 Miami Waste Paper, Dixie …
Market study on Global Waste Paper Recycling 2019 Research Report presents a professional and complete analysis of Global Waste Paper Recycling Market on the current market situation.
Report provides a general overview of the Waste Paper Recycling industry 2019 including definitions, classifications, Waste Paper Recycling market analysis, a wide range of applications and Waste Paper Recycling industry chain structure. The 2019's report on Waste Paper Recycling industry offers the global…
Book Paper Market Report 2018 Companies included Stora Enso, Oji Paper, Nippon P …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com *********
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
Global Pulp and Paper Market 2018 Key Players: sappi, Lee & Man Paper, Nippon Pa …
Pulp and Paper Market:
WiseGuyReports.com adds “Pulp and Paper Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting 2025” reports tits database.
Executive Summary
Global Pulp and Paper Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2017-2025. Pulp and paper producers produces and sells cellulose-based products, derived from wood. Packaging paper, graphic paper and…
