Market Overview
Thermal Paper Market is projected to enroll a build yearly development rate (CAGR) of 5.55% during the estimated time frame. Development in bundled food and retail enterprises and rising interest in naming are driving the market development.
The thermal paper market is developing quickly, on account of the rising interest for naming in verticals, for example, auto, medical services, and drugs. Another component driving the market is the utilization of thermal paper as a mode for printing instructive and preparing materials, which is acquiring notoriety in different instructive organizations. Besides, there is an expansion sought after for thermal paper across different businesses, particularly in the medical services vertical. Likewise, the market for the thermal paper market is driven by the development in bundled food and retail ventures. Bundled food and retail is the biggest end-client of thermal paper. This can be ascribed to the rising interest for thermal printing from the bundling and food enterprises. The retail business is progressively taking on thermal printers to print coupons and flyers. The food business is likewise going thermal to print nourishment names and item bundling. Moreover, the rising interest in dispensable things by customers, the developing number of innovation-driven school and library systems, the rising interest for sales register receipts, and the rising utilization of thermal paper in the medical care industry will help the Thermal Paper Market over the gauge period.
Market Segmentation
Direct thermal and thermal transfer are the two divisions of the thermal paper market. Application-based segmentation of the thermal paper market includes POS, Lottery & Gaming, Labels & Tags, and Others. In 2021, the POS market category held a greater market share. A point of sale (POS) is a location where customers can pay for goods and services and choose the relevant tax rates.
The end-use industry has divided the Thermal Paper Market data into Packaging & Labelling, Printing, Retail, and Others. In 2021, the retail end-use industry category held the biggest market share with 53.2%.
Regional Insights
North America represented the biggest market portion of 33.09% in 2021, enrolling a CAGR of 4.87% during the estimate period is normal. The Asia Pacific region was the second-biggest market in 2021, esteemed at USD 1,313.1 million; it is projected to display the most noteworthy CAGR of 6.71%. The North American region is supposed to observe the most noteworthy development in the thermal paper market because of the rising number of manufacturing ventures and extension of retail enterprises in the region. The populace all through the region is supposed to increase because of the rising pace of birth and the public authority's developing spotlight on a better climate. The accessibility of thermal paper at a lower cost is supposed to fuel the interest for thermal paper across the region.
Thermal paper in the Asia Pacific is supposed to develop over the course of the following couple of years. This quick development can be credited to a few variables. The Asia Pacific region is a center point of mechanical development, particularly in the purchaser items area and energy and utility area. This has prompted an interest for additional uses of thermal paper, for example, retail labels, e-receipts, and tickets. The region's enormous purchaser base areas of strength for and item manufacturing industry have given an optimal climate to the development of thermal paper. Moreover, this region is encountering high modern development, particularly in the customer items area, which is the biggest shopper of thermal paper. The region is supposed to see a rising interest for thermal paper before long.
Market Players
The list of key companies in the thermal paper market includes Ricoh, Oji holdings corporation, Jujo thermal ltd, Mitsubishi paper mills ltd, and Hansol paper co. Ltd, Thermal solutions international, inc, Appvion Operations, inc, Koehler Paper, Nakagawa Manufacturing (USA), inc, Gold huasheng paper co. Ltd., Henan jianghe paper co., ltd, and Rotolificio bergamasco srl.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL THERMAL PAPER MARKET, BY TECHNOLOGY
- 1.1.2 GLOBAL THERMAL PAPER MARKET, BY APPLICATION
- 1.1.3 GLOBAL THERMAL PAPER MARKET, BY END-USE INDUSTRY
- 1.1.4 GLOBAL THERMAL PAPER MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 MARKET STRUCTURE
- 2.4 MACRO FACTOR INDICATOR ANALYSIS
3 RESEARCH METHODOLOGY
- 3.1 RESEARCH PROCESS
- 3.2 PRIMARY RESEARCH
- 3.3 SECONDARY RESEARCH
- 3.4 MARKET SIZE ESTIMATION
- 3.5 TOP DOWN & BOTTOM UP APPROACH
- 3.6 FORECAST MODEL
- 3.7 LIST OF ASSUMPTIONS
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 GROWTH IN PACKAGED FOOD & RETAIL INDUSTRIES
- 4.2.2 RISING DEMAND FOR LABELING
- 4.2.3 DRIVERS IMPACT ANALYSIS
- 4.3 RESTRAINTS
- 4.3.1 AVAILABILITY OF SKILLED LABOR
- 4.3.2 VOLATILE RAW MATERIAL PRICES
- 4.3.3 RESTRAINTS IMPACT ANALYSIS
- 4.4 OPPORTUNITIES
- 4.4.1 INCREASE IN USE OF THERMAL LABEL PAPER
- 4.5 IMPACT ANALYSIS OF COVID-19
- 4.5.1 COVID-19 IMPACT ON THE PACKAGING INDUSTRY
- 4.5.2 ECONOMIC IMPACT
- 4.5.3 IMPACT ON THERMAL PAPER MARKET
- 4.5.4 IMPACT ON THE SUPPLY CHAIN OF THERMAL PAPER
- 4.5.5 PRICE VARIATION OF KEY RAW MATERIAL
- 4.5.6 CASH FLOW CONSTRAINTS
- 4.5.7 IMPACT ON IMPORT/EXPORT
- 4.5.8 IMPACT DUE TO RESTRICTION/LOCKDOWNS
- 4.5.9 CONSUMER SENTIMENTS
5 MARKET FACTOR ANALYSIS
- 5.1 SUPPLY/VALUE CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL
- 5.1.2 MANUFACTURING
- 5.1.3 DISTRIBUTION & SALES
- 5.1.4 END-USER
- 5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY
6 GLOBAL THERMAL PAPER MARKET, BY TECHNOLOGY
- 6.1 OVERVIEW
- 6.2 DIRECT THERMAL
- 6.2.1 DIRECT THERMAL: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, BY REGION/COUNTRY, 2018-2030
- 6.3 THERMAL TRANSFER
- 6.3.1 THERMAL TRANSFER: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
7 GLOBAL THERMAL PAPER MARKET, BY APPLICATION
- 7.1 OVERVIEW
- 7.2 POS
- 7.2.1 POS THERMAL PAPERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, BY REGION/COUNTRY, 2018-2030
- 7.3 LOTTERY & GAMING
- 7.3.1 LOTTERY & GAMING THERMAL PAPERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
- 7.4 LABELS & TAGS
- 7.4.1 LABELS & TAGS THERMAL PAPERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
- 7.5 OTHERS
- 7.5.1 OTHER THERMAL PAPERS: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
8 GLOBAL THERMAL PAPER MARKET, BY END-USE INDUSTRY
- 8.1 OVERVIEW
- 8.2 PACKAGING & LABELLING
- 8.2.1 THERMAL PAPERS FOR PACKAGING & LABELLING END-USE INDUSTRY: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, BY REGION/COUNTRY, 2018-2030
- 8.3 PRINTING
- 8.3.1 THERMAL PAPERS FOR PRINTING END-USE INDUSTRY: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
- 8.4 RETAIL
- 8.4.1 THERMAL PAPERS WITH RETAIL END-USE INDUSTRY: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
- 8.5 OTHERS
- 8.5.1 THERMAL PAPERS WITH OTHER END-USE INDUSTRY: MARKET ESTIMATES & FORECAST BY REGION/COUNTRY, 2018-2030
9 GLOBAL THERMAL PAPER MARKET, BY REGION
- 9.1 OVERVIEW
- 9.2 NORTH AMERICA
- 9.2.1 U.S.
- 9.2.2 CANADA
- 9.2.3 MEXICO
- 9.3 EUROPE
- 9.3.1 UK
- 9.3.2 GERMANY
- 9.3.3 FRANCE
- 9.3.4 ITALY
- 9.3.5 SPAIN
- 9.3.6 REST OF EUROPE
- 9.4 ASIA PACIFIC
- 9.4.1 CHINA
- 9.4.2 INDIA
- 9.4.3 JAPAN
- 9.4.4 INDONESIA
- 9.4.5 THAILAND
- 9.4.6 REST OF ASIA PACIFIC
- 9.5 SOUTH AMERICA
- 9.5.1 BRAZIL
- 9.5.2 ARGENTINA
- 9.5.3 REST OF SOUTH AMERICA
- 9.6 MIDDLE EAST & AFRICA
- 9.6.1 SAUDI ARABIA
- 9.6.2 UAE
- 9.6.3 SOUTH AFRICA
- 9.6.4 REST OF MIDDLE EAST & AFRICA
10 COMPETITIVE LANDSCAPE
- 10.1 COMPETITIVE OVERVIEW
- 10.2 COMPETITIVE BENCHMARKING
- 10.3 MARKET SHARE ANALYSIS
- 10.4 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.4.1 NEW PRODUCT LAUNCH/SERVICE DEPLOYMENT
- 10.4.2 EXPANSION
- 10.4.3 PARTNERSHIP
11 COMPANY PROFILES
- 11.1 RICOH COMPANY LTD.
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERINGS
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
- 11.2 OJI PAPER (THAILAND) LTD.
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERINGS
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
- 11.3 JUJO THERMAL LTD.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERINGS
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
- 11.4 MITSUBISHI PAPER MILLS LTD.
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERINGS
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
- 11.5 HANSOL PAPER CO. LTD.
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERINGS
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
- 11.6 THERMAL SOLUTIONS INTERNATIONAL, INC. (TSI)
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 PRODUCTS OFFERINGS
- 11.6.3 SWOT ANALYSIS
- 11.6.4 KEY STRATEGIES
- 11.7 APPVION OPERATIONS, INC.
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 PRODUCTS OFFERINGS
- 11.7.3 KEY DEVELOPMENTS
- 11.7.4 SWOT ANALYSIS
- 11.7.5 KEY STRATEGIES
- 11.8 KOEHLER PAPER (KOEHLER GROUP)
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 PRODUCTS OFFERINGS
- 11.8.3 KEY DEVELOPMENTS
- 11.8.4 SWOT ANALYSIS
- 11.8.5 KEY STRATEGIES
- 11.9 NAKAGAWA MANUFACTURING (USA), INC.
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 PRODUCTS OFFERINGS
- 11.9.3 KEY DEVELOPMENTS
- 11.9.4 SWOT ANALYSIS
- 11.9.5 KEY STRATEGIES
- 11.10 GOLD HUASHENG PAPER CO. LTD.
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 PRODUCTS OFFERINGS
- 11.10.3 SWOT ANALYSIS
- 11.10.4 KEY STRATEGIES
- 11.11 HENAN JIANGHE PAPER CO., LTD
- 11.11.1 COMPANY OVERVIEW
- 11.11.2 PRODUCTS OFFERINGS
- 11.11.3 SWOT ANALYSIS
- 11.11.4 KEY STRATEGIES
- 11.12 ROTOLIFICIO BERGAMASCO SRL
- 11.12.1 COMPANY OVERVIEW
- 11.12.2 PRODUCTS OFFERINGS
- 11.12.3 SWOT ANALYSIS
- 11.12.4 KEY STRATEGIES