Global Thermal Paper Market Report By Application (POS, Tags & Label, Lottery & Gaming, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

As per this study the Global Thermal Paper Market was valued USD 5.01 BN (by revenue) in 2022 and is anticipated to reach USD 7.52 BN by 2030 with a CAGR of 5.2%. Regarding volume, the market was calculated XX Kilo Tons in 2022 and forecast to touch XX Kilo Tons by 2030 with a CAGR of XX% during 2023 - 2030.

Thermal paper is a special type of paper that changes its color when exposed to heat. Basically, the paper is coated with special chemicals that impart the heat sensitivity to the paper leading to color change. Owing to this, it is extensively used in inkless printing applications such as ATM, gaming equipment, movie ticket machines, lottery machines, debit or credit card terminals, laboratory apparatus, and office consumables.
 
Market Dynamics
 
The rising importance of labeling from pharmaceutical, food and beverage and other industries is driving the market growth. Growing usage of thermal paper for asset tagging as well as certification labels for cold storage products & laboratory specimens is further boosting the market growth. However, a substantial increase in online POS (or mobile-POS), especially in developed countries, is expected to restrain the market growth. Advancements in thermal transfer technology are projected to foster market growth during the forecast period.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of thermal paper.
 
Market Segmentation
 
The broad thermal paper market has been sub-grouped into technology and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.

By Application

• POS
• Tags & Label
• Lottery & Gaming
• Others

 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for thermal paper in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Global Thermal Paper Market Share by Region (Representative Graph)
 

 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the thermal paper market includes Oji Holdings Corp., Appvion Inc, Koehler Group, Mitsubishi Paper Mills Ltd., Hansol Paper Co. Ltd., Gold Huasheng Paper Co. Ltd., Henan Province JiangHe Paper Co. Ltd., Thermal Solutions International Inc., Iconex LLC, Twin Rivers Paper Company, Rotolificio Bergamasco Srl, Jujo Thermal Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.