Market Overview:
The global thermal paper market reached a value of US$ 3.9 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2027, exhibiting a CAGR of 6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Thermal paper, also known as audit roll, is a recording media widely used to display information. It is coated with a mixture of dyes and chemicals that can change color when exposed to heat, unlike regular paper, which requires a ribbon or toner. It is widely used in lightweight devices, such as fax, casino, point-of-sale (POS) systems, cash registers, credit card terminals, kiosks, pay-at-the-pump, and mobile printers. These devices find application in retail, gaming, food and beverage (F&B), tourism and hospitality, and banking, financial services and insurance (BFSI) sectors worldwide.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Thermal Paper Market Trends:
Due to its convenience and high reliability, thermal paper finds extensive usage in grocery stores, shopping malls, gas stations, catering, gaming houses, lottery systems, coffee shops, and bakery stores for printing labels, tickets, and receipts. This, along with the expanding retail sector, represents one of the critical factors fueling the demand for thermal paper to carry out POS transactions. Moreover, the increasing sales of passenger vehicles are positively influencing the utilization of portable POS machines to issue parking tickets. Additionally, the widespread adoption of mobile POS terminals in public utility spaces, along with the growing shift towards digital payment methods at offline stores, is strengthening the market growth. Apart from this, the rising need for detailed descriptions of ingredients in food and beverage products on account of stringent labeling regulations is also contributing to the market growth. Furthermore, the escalating adoption of Radio-Frequency Identification (RFID) tags is anticipated to drive the demand for thermal papers in the healthcare and pharmaceutical industries for maintaining charts and other medical items.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global thermal paper market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on technology and application.
Breakup by Technology:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Direct Thermal
- Thermal Transfer
Breakup by Application:
- Point of Sale (PoS)
- Lottery and Gaming
- Tags and Labels
- Others
Breakup by Region:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Appvion Operations Inc, Gold Huasheng Paper Co. Ltd., Hansol Paper Ltd., Henan JiangHE Paper CO. LTD, Jujo Thermal Ltd. (Nippon Paper Industries Co. Ltd), Koehler Group, Lecta Group, Mitsubishi Paper Mills Limited, Nakagawa Manufacturing Inc., Oji Holdings Corporation, Ricoh Company Ltd. and Thermal Solutions International Inc.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Billion |
Segment Coverage |
Technology, Application, Region |
Region Covered |
North America, Asia Pacific, Europe, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, China, Japan, India, South Korea, Australia, Indonesia, Germany, France, United Kingdom, Italy, Spain, Russia, Brazil, Mexico |
Companies Covered |
Appvion Operations Inc, Gold Huasheng Paper Co. Ltd., Hansol Paper Ltd., Henan JiangHE Paper CO. LTD, Jujo Thermal Ltd. (Nippon Paper Industries Co. Ltd), Koehler Group, Lecta Group, Mitsubishi Paper Mills Limited, Nakagawa Manufacturing Inc., Oji Holdings Corporation, Ricoh Company Ltd. and Thermal Solutions International Inc. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |