Press release
Thermal Paper Global Market Report 2025: Announcing Strong Growth, Significant Drivers, and Emerging Trends
Thermal Paper Market Size
Significant growth and changing market dynamics are currently characterizing the global thermal paper market. The report presents an in-depth analysis of market size, key players, and important trends.
What Is The Projected Market Size Of The Global Thermal Paper Global Market Report 2025 And Its Growth Rate?
The global thermal paper market has shown consistent growth, with notable projections:
• Market Size in 2024: $4.74 billion
• Market Size in 2025: $5.16 billion, growing with a CAGR of 8.7%
• Forecasted Market Size in 2029: $7.3 billion, growing with a CAGR of 9.1%.
The market size escalation can be largely attributed to factors such as banking and financial services expansion, logistics and transportation sector growth, rising healthcare industry demand, burgeoning interest in digital receipts, printing convenience, and environmental and cost considerations.
What Is Driving The Growth In The Thermal Paper Global Market Report 2025?
The drive for more sustainable labelling practices in the thermal paper market is largely influenced by e-commerce and logistics industries' high demand for sustainable direct thermal solutions. With an increase in consumer focus on sustainability, as seen in the FATitudes survey by Cargill Incorporated, there is a shift towards more renewing methods and recycled direct thermal papers. Therefore, it can be concluded that the demand for sustainable labelling practices is projected to significantly impact the growth of the thermal paper market in the coming years.
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Who Are the Key Players Driving Thermal Paper Global Market Report 2025 Growth?
Major players involved in driving the growth of the thermal paper market include:
• 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
What Are The Key Trends In The Thermal Paper Global Market Report 2025?
Key trends driving the thermal paper market growth 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
What Are The Segments Of The Global Thermal Paper Global Market Report 2025?
Market segments within the thermal paper market include:
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 Applications
5) By End User: Retail Industry, Healthcare, Packaging And Labelling, Printing, And Publishing, Entertainment And Transit, Other End Users
Which Region Leads The Thermal Paper Global Market Report 2025?
Asia-Pacific stands as the largest region in the thermal paper market as of 2024, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Thermal Paper Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Thermal Paper Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Thermal Paper Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Thermal Paper Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Thermal Paper Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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