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Thermal Paper Trends and Forecast
The future of the global thermal paper market looks promising with opportunities in the point of sale, tag and label, lottery and gaming, and ticketing applications. The global thermal paper market is expected to reach an estimated $5.0 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are expansion of e-commerce sector and increasing adoption of POS terminals in warehouses and retail stores.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Thermal Paper by Segment
The study includes a forecast for the global thermal paper by printing technology, application, and region.
Thermal Paper Market by Printing Technology [Shipment Analysis by Value from 2018 to 2030]:
• Direct Thermal
• Thermal Transfer
• Others
Thermal Paper Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Point of Sale
• Tags and Label
• Lottery and Gaming
• Ticketing
• Others
Thermal Paper Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Thermal Paper Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thermal paper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thermal paper companies profiled in this report include-
• Appvion
• Domtar
• Twin Rivers Paper
• Nakagawa Manufacturing
• Koehler Paper
• Lecta
• Thermal Solutions International
• Panda Paper Roll
• Henan Province JiangHe Paper
• Hansol Paper
Thermal Paper Market Insights
Lucintel forecasts that direct thermal will remain the larger segment over the forecast period due to its growing demand from the food and beverage sector.
Within this market, point of sale will remain the largest segment due to increasing demand for thermal paper in point-of-sale transactions, which are commonly used in ticketing systems for commercial transportation such as buses and trains.
APAC is expected to witness highest growth over the forecast period due to rapid industrialization and expanding number of retail chains in the region.
Features of the Global Thermal Paper Market
Market Size Estimates: Thermal paper market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thermal paper market size by printing technology, application, and region in terms of value ($B).
Regional Analysis: Thermal paper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different printing technologies, applications, and regions for the thermal paper market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thermal paper market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the thermal paper market size?
Answer: The global thermal paper market is expected to reach an estimated $5.0 billion by 2030.
Q2. What is the growth forecast for thermal paper market?
Answer: The global thermal paper market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the thermal paper market?
Answer: The major drivers for this market are expansion of e-commerce sector and increasing adoption of POS terminals in warehouses and retail stores.
Q4. What are the major segments for thermal paper market?
Answer: The future of the thermal paper market looks promising with opportunities in the point of sale, tag and label, lottery and gaming, and ticketing applications.
Q5. Who are the key thermal paper market companies?
Answer: Some of the key thermal paper companies are as follows:
• Appvion
• Domtar
• Twin Rivers Paper
• Nakagawa Manufacturing
• Koehler Paper
• Lecta
• Thermal Solutions International
• Panda Paper Roll
• Henan Province JiangHe Paper
• Hansol Paper
Q6. Which thermal paper market segment will be the largest in future?
Answer: Lucintel forecasts that direct thermal will remain the larger segment over the forecast period due to its growing demand from the food and beverage sector.
Q7. In thermal paper market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rapid industrialization and expanding number of retail chains in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the thermal paper market by printing technology (direct thermal, thermal transfer, and others), application (point of sale, tags and label, lottery and gaming, ticketing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they POSe for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Thermal Paper Market, Thermal Paper Market Size, Thermal Paper Market Growth, Thermal Paper Market Analysis, Thermal Paper Market Report, Thermal Paper Market Share, Thermal Paper Market Trends, Thermal Paper Market Forecast, Thermal Paper Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Thermal Paper Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Thermal Paper Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Thermal Paper Market by Printing Technology
3.3.1: Direct Thermal
3.3.2: Thermal Transfer
3.3.3: Others
3.4: Global Thermal Paper Market by Application
3.4.1: Point of Sale
3.4.2: Tags and Label
3.4.3: Lottery and Gaming
3.4.4: Ticketing
3.4.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Thermal Paper Market by Region
4.2: North American Thermal Paper Market
4.2.2: North American Thermal Paper Market by Application: Point of Sale, Tags and Label, Lottery and Gaming, Ticketing, and Others
4.3: European Thermal Paper Market
4.3.1: European Thermal Paper Market by Printing Technology: Direct Thermal, Thermal Transfer, and Others
4.3.2: European Thermal Paper Market by Application: Point of Sale, Tags and Label, Lottery and Gaming, Ticketing, and Others
4.4: APAC Thermal Paper Market
4.4.1: APAC Thermal Paper Market by Printing Technology: Direct Thermal, Thermal Transfer, and Others
4.4.2: APAC Thermal Paper Market by Application: Point of Sale, Tags and Label, Lottery and Gaming, Ticketing, and Others
4.5: ROW Thermal Paper Market
4.5.1: ROW Thermal Paper Market by Printing Technology: Direct Thermal, Thermal Transfer, and Others
4.5.2: ROW Thermal Paper Market by Application: Point of Sale, Tags and Label, Lottery and Gaming, Ticketing, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Thermal Paper Market by Printing Technology
6.1.2: Growth Opportunities for the Global Thermal Paper Market by Application
6.1.3: Growth Opportunities for the Global Thermal Paper Market by Region
6.2: Emerging Trends in the Global Thermal Paper Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Thermal Paper Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Thermal Paper Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Appvion
7.2: Domtar
7.3: Twin Rivers Paper
7.4: Nakagawa Manufacturing
7.5: Koehler Paper
7.6: Lecta
7.7: Thermal Solutions International
7.8: Panda Paper Roll
7.9: Henan Province JiangHe Paper
7.10: Hansol Paper
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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