Thermal Paper Market PPT: Growth, Outlook, Demand, Keyplayer Analysis and Opportunity 2022-27

Author: Elena Anderson

Marketing Manager

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Global Thermal Paper Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled " Thermal Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022 -2027

," the global thermal paper market reached a value of US$ 3.9 Billion in 2021.

Thermal paper, also known as an audit roll, refers to a specialty paper used to print information without requiring conventional ink. It is coated with a mixture of heat-sensitive dyes and chemicals that can change color when exposed to heat. It is widely used in lightweight devices, such as fax, point-of-sale (POS) systems, casinos, credit card terminals, cash registers, kiosks, pay-at-the-pump, and mobile printers, to print information quickly and efficiently.

In recent years, the increasing number of POS terminals in public facilities has escalated the demand for thermal paper across retail, gaming, food and beverage (F&B), tourism and hospitality, and banking, financial services, and insurance (BFSI) industries.

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Global Thermal Paper Market Trends:

The market is primarily driven by the rising product adoption for printing labels, tickets, and receipts in grocery stores, shopping malls, gas stations, catering, gaming houses, and lottery systems. In addition, the surging sales of passenger vehicles are positively influencing the utilization of portable POS machines to issue parking tickets, which represents another major growth-inducing factor. Besides this, individuals are nowadays widely opting for digital payment methods at offline stores. This, coupled with the expanding retail sector, is escalating the demand for thermal paper to carry out POS transactions.

Furthermore, the rising product adoption across healthcare and pharmaceutical industries in RadioFrequency Identification (RFID) tags and the surging need for detailed descriptions of ingredients in food and beverage products to adhere to stringent labeling regulations are some of the other factors propelling the market growth.

Looking forward, IMARC Group expects the market value to reach US$ 5.3 Billion by 2027, exhibiting a CAGR of 6% during the forecast period (2022-2027).

View Report TOC, Figures and Tables: https://www.imarcgroup.com/thermal-paper-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Technology:

• Direct Thermal

• Thermal Transfer

Breakup by Application:

• Point of Sale (PoS)

• Lottery and Gaming

• Tags and Labels

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape with Key Players:

• 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

• Thermal Solutions International Inc

1. What was the size of the global thermal paper market in 2021?

2. What is the expected growth rate of the global thermal paper market during 2022-2027?

3. What are the key factors driving the global thermal paper market?

4. What has been the impact of COVID-19 on the global thermal paper market?

5. What is the breakup of the global thermal paper market based on the technology?

6. What is the breakup of the global thermal paper market based on the application?

7. What are the key regions in the global thermal paper market?

8. Who are the key players/companies in the global thermal paper market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/thermal-paper-market/toc

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