Thermal Paper Market to Showcase High Growth; to Cross USD 5391.9 MN Mark by 2026
Posted On March 09, 2020
A market research report anticipates the Global Thermal Paper Market to reach USD 3250 million in 2019. It is estimated to grow and reach USD 5391.9 MN mark by 2026. The report publisher, Value Market Research expects a CAGR of 7.5% during 2020 to 2026. Thermal paper is very essential industrial equipment that is used in most of the crucial industries. Thermal paper is a special paper that can change color when exposed to certain conditions. This is a very important instrument as it eliminates the need for any external colors and the required combination of colors can be obtained by changing the conditions. They are mainly used in cash registers, money printers, terminals for credit cards and various adding machines. The thermal papers are made from special heat-sensitive papers that have different concentrations of chemicals that vary according to the manufacturer’s needs.
The past few years have witnessed a major migration towards digital payment portals and people and companies are tending to adopt more and more digital transaction methods and trying to eliminate the need for cash transactions. This has led to an increase in the need for credit card readers, thermal printers, bar code readers. Thermal printers are being installed everywhere for creating receipts and reading digital transaction data for online platforms. As a result, the need for thermal papers has also grown exponentially.
As the major enterprises are adopting digital payment and transaction methods, the market for thermal papers is also expected to grow manyfolds in the foreseeable future.
The initial sections of the report "Global Thermal Paper Market Report By Technology (Direct Thermal, Thermal Transfer, Others), Application (POS, Lottery & Gaming, Tags & Label) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The report analyses the trends of the past years along with deeply studying the geo-political trends, thus authenticating the findings of the research and making it more reliable.
By technology the thermal paper market is divided into direct thermal, thermal transfer and others. Direct thermal technology accounted for the largest share in 2019 as compared to other technologies.
By application the thermal paper market is divided into POS, lottery & gaming, tags and label. POS terminals segment led the global thermal paper market as per revenue.
The regions - North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are deeply studied with respect to all the Thermal Paper market segments covered in the report. The North America region holds the maximum share among other regions. The regional research assists in taking informed decision related to the regional strategic plans.
The Report Segments Global Thermal Paper Market -
- Direct Thermal
- Thermal Transfer
- Lottery & Gaming
- Tags & Label
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Appvion Incorporated, Gold Huasheng Paper Co., Ltd., Hansol Paper, Henan Province JiangHe Paper Co., Ltd., Jujo Thermal Limited, Koehler Paper, Mitsubishi Paper Mills (MPM) Limited, , Nakagawa, Oji Holdings Corporation, PM Company, Ricoh Company, Ltd., Rotolificio Bergamasco, Siam Paper
and Thermal Solutions International, Inc. (TSI) among others.
Download the FREE SAMPLE of Global Thermal Paper Market Research Report
About Value Market Research -
Value Market Research was established with the vision to ease decision making and empower the strategists by providing them with holistic market information. Our analysts’ team is well equipped with all research tools and techniques and hold deep knowledge of the industry they are working for.
We ensure intellectual, precise and quality data is delivered to our client. We facilitate clients with syndicate research reports and customized research reports on 25+ industries with global as well as regional coverage.
Value Market Research
401/402, TFM, Nagras Road, Aundh, Pune-7.
Email: [email protected]