Press release
Global Thermal Paper Market Set to Achieve 5% CAGR by 2030
The global thermal paper market, valued at USD 4.65 billion in 2023, is projected to reach USD 6.54 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5% during the forecast period. This growth is driven by increasing demand for labeling in sectors such as automotive, healthcare, and pharmaceuticals, as well as the expansion of the packaged food and retail industries.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ:https://www.maximizemarketresearch.com/request-sample/54813/
๐๐ข๐๐ญ๐ง๐๐ฆ: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
Vietnam's expanding retail sector and the rise of e-commerce have led to increased demand for thermal paper, particularly for point-of-sale (POS) receipts and shipping labels. The growth of the food and beverage industry further boosts the need for labeling solutions, presenting significant opportunities for thermal paper manufacturers and suppliers.
๐๐ก๐๐ข๐ฅ๐๐ง๐: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
In Thailand, the adoption of digital payment systems and the expansion of the retail industry have increased the utilization of thermal paper for POS receipts and labeling applications. The country's focus on enhancing its logistics and transportation sectors also contributes to the growing demand for thermal paper products.
๐๐๐ฉ๐๐ง: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Japan's advanced retail infrastructure and technological innovation drive the demand for high-quality thermal paper. The country's emphasis on efficient and reliable printing solutions in sectors like retail, healthcare, and transportation supports the steady growth of the thermal paper market.
๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
South Korea's thermal paper market is experiencing consolidation, with key players engaging in mergers and acquisitions to strengthen their market presence. These strategic moves aim to enhance product portfolios and expand distribution networks, catering to the increasing demand for thermal paper in various industries.
๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฉ๐๐๐ญ๐ข๐จ๐ง
Singapore's commitment to adopting advanced technologies and sustainable practices influences the thermal paper market. The country's focus on digitalization and eco-friendly solutions encourages the adoption of BPA-free thermal paper and innovative printing technologies.
๐๐ง๐ข๐ญ๐๐ ๐๐ญ๐๐ญ๐๐ฌ: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
The United States remains a significant market for thermal paper, driven by the extensive retail sector and the continued use of POS systems. Major companies like Appvion Operations, Inc. and Koehler Paper Group play pivotal roles in supplying thermal paper products to meet the diverse needs of industries such as retail, logistics, and healthcare.
๐๐ฎ๐ซ๐จ๐ฉ๐: ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
Europe's thermal paper market is characterized by a shift towards sustainable and environmentally friendly products. The implementation of regulations restricting the use of certain chemicals in thermal paper has led to increased production of BPA-free and phenol-free alternatives, driving innovation and development in the market.
๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ฒ๐ฉ๐
Conventional Thermal Paper
Top-coated Thermal Paper
Synthetic-base Thermal Paper
๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
Direct Thermal
Thermal Transfer
The market is divided into two segments based on technology: Direct Thermal and Thermal Transfer. Throughout the forecast period, the Direct Thermal category is anticipated to maintain its dominant market share, having dominated the market in 2023. Thermal paper is covered with a heat-sensitive layer using direct thermal technology, which is an easy and affordable procedure. When heat is delivered through a thermal printer, the paper changes color, forming images, text, or barcodes without the need for ribbons or ink. Because of its affordability and convenience of use, this technology is frequently utilized for applications such as point-of-sale (POS) systems, shipping labels, and receipt printing.
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Point of Sale
Tags & labels
Lottery and Gaming
Others
The market is divided into four segments based on application: Lottery and Gaming, Tags & Labels, Point of Sale, and Others. Throughout the forecast period, the Point of Sale sector is anticipated to maintain its dominant market share in the Thermal Paper industry, which it did in 2023. A point-of-sale (POS) machine is an electronic terminal that is used in a variety of establishments, such as retail stores, multiplexes, banks, and health facilities, to process transactions using a card (debit, credit, or other). Additionally, the growing use of credit and debit cards is probably going to increase demand for point-of-sale (POS) equipment globally. The rapid shift to digitization in developing nations and the growth of department shops are two reasons driving the need for point-of-sale (POS) machines.
๐๐ง๐ญ๐ซ๐ข๐ ๐ฎ๐๐ ๐ญ๐จ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ? ๐๐๐๐ฎ๐ซ๐ ๐ฒ๐จ๐ฎ๐ซ ๐ก๐๐ง๐๐ฌ-๐จ๐ง ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:https://www.maximizemarketresearch.com/request-sample/54813/
๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Domtar Corporation (Fort Mill, South Carolina)
2. NAKAGAWA Manufacturing (USA), Inc. (Newark, CA)
3. Xiandai Paper Production (China)
4. Telepaper (Shah Alam, Malaysia)
5. Ricoh Industrie France SAS (Europe)
6. Koehler Paper (Oberkirch)
7. Hansol Paper Co Ltd (South Korea)
8. Henan Province JiangHe Paper Co. Ltd. (China)
9. Shandong Chenming Paper Holdings Ltd (Weifang, China)
10. Jujo Thermal Ltd. (Kauttua, Finland)
11. Oji Holdings Corporation (Tokyo, Japan)
12. Mitsubishi Paper Mills (MPM) Limited (Japan)
13. Appvion Incorporated (Appleton, WI)
14. Kanzaki Specialty Papers Inc. (Ware, Massachusetts)
15. Domtar Corporation (Montreal, Quebec)
๐๐ข๐ฏ๐ ๐๐๐๐ฉ๐๐ซ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐๐ญ๐! ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ญ๐ฎ๐๐ฒ ๐จ๐ง ๐๐ฎ๐ซ ๐๐๐๐ฉ๐๐ ๐ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/market-report/global-thermal-paper-market/54813/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ก๐๐ซ๐ฆ๐๐ฅ ๐๐๐ฉ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Thermal Paper ?
What is the growth rate of the Thermal Paper Market?
Who are the key players in the Thermal Paper market?
Who are the leading companies and what are their portfolios in Thermal Paper Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Thermal Paper Market?
Which are the factors expected to drive the Thermal Paper market growth?
What are the different segments of the Thermal Paper Market?
What growth strategies are the players considering to increase their presence in Thermal Paper ?
What are the upcoming industry applications and trends for the Thermal Paper Market?
What segments are covered in the Thermal Paper Market?
What segments are covered in the Thermal Paper Market?
What are the key opportunities in the market?
What factors restrain the market growth?
๐๐ฑ๐๐ข๐ญ๐๐ ๐ญ๐จ ๐๐ข๐ฏ๐ ๐ข๐ง? ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐จ ๐ฎ๐ง๐๐จ๐ฏ๐๐ซ ๐ข๐ญ๐ฌ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ:https://www.maximizemarketresearch.com/request-sample/54813/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐๐ญ๐๐ฌ๐ญ ๐๐ฎ๐ญ๐ญ๐ข๐ง๐ -๐๐๐ ๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐๐ซ๐จ๐ฆ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ข๐ฌ ๐ง๐จ๐ฐ ๐ญ๐ซ๐๐ง๐๐ข๐ง๐ :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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