[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Thermal Paper Market Size, Share & Trends Analysis Report By Application (POS, Tags & Label, Lottery & Gaming), By Region, And Segment Forecasts, 2022 - 2030

August 2022 | 108 pages | ID: T38325C734CEN
Grand View Research, Inc.

US$ 5,950.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
This report can be delivered to the clients within 3 Business Days

Thermal Paper Market Growth & Trends

The global thermal paper market size is expected to reach USD 5.56 billion by 2030, according to a new report by Grand View Research, Inc. This growth is attributed to the rising usage of POS terminals for monetary transactions in applications such as warehouses, supermarkets, and retail outlets.

Thermal papers are majorly used in printing receipts at POS terminals and in the production of tags used by industries such as pharmaceuticals and food and beverages to package and label their end-use products. Thermal papers are preferred over other modes of printing due to the lower cost of production, and maintenance of the printing set-up due to the lack of use of ribbons and ink in the printing process.

The increasing use of retail outlets and supermarkets in developing economies such as China, Brazil, and India are expected to augment the growth of the market during forecast period. The rising demand for specialty paper in packaging by e-commerce and logistics market players is also expected to help in the market growth. However, rising digitalization and increasing substitute products are expected to restrict the market growth.

Growing demand for food & beverage, FMCG, and electronics goods in the Middle East and African countries considering population growth and urbanization in major markets of Saudi Arabia, UAE, and Qatar is expected to increase the use of POS terminals, tags, and labels. In addition, favorable support for promoting investments at the domestic level is expected to have a positive impact on the market growth in the region.

The market is anticipated to witness strong competition during the forecast period on account of the growing demand for thermal paper from the end-use industries such as ATMs, e-commerce industries, retail, and others. Public and private companies operating in the market are increasingly investing in the development of new products and new manufacturing technologies to optimize the production process. They are also focusing on expanding their production facilities to maintain their supply chain for thermal paper.

Major players in the industry have established production units in different regions to cater to specific geographical locations. They also use other distribution channels in local regions such as agreements with roll-converters to ensure continuous product supply. Manufacturers also engage in direct supply to end-users such as POS and label manufacturers.

Thermal Paper Market Report Highlights
  • POS application segment dominated the market with a market share of 64.6% in terms of revenue in 2021 due to expansions in retail outlets in emerging economies in the Asia Pacific region.
  • The tags and labels application segment are expected to show significant growth during the forecast period due to the rising e-commerce sector which has led to a rise in the use of thermal papers for labels and packaging.
  • The Asia Pacific dominated the market with a market share of about 34.5% in terms of volume due to the increased investment in the region in manufacturing industries leading to a rise in demand for thermal paper.
  • Central and South America are expected to show significant growth during the forecast period due to the rising manufacturing and industrial activities in the region leading to a rise in the use of thermal paper in labeling.
  • The market is expected to show slow growth due to the increase in digitalization and reduced use of printing across end-uses such as monetary transactions. The presence of internal substitutes is also expected to hamper market growth.
  • The market consists of limited players who control most of the global market. Strategies followed by key players include vertical integration, localized production units, and product innovation to gain a competitive edge in the market.
CHAPTER 1. METHODOLOGY AND SCOPE

1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
  1.3.1. Purchased Database
  1.3.2. GVR’s Internal Database
  1.3.3. Secondary Sources & Third-Party Perspectives
  1.3.4. Primary Research
1.4. Information Analysis
  1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
2.4. Market Snapshot
2.5. Segmental Insights
2.6. Competitive Insights

CHAPTER 3. THERMAL PAPER MARKET VARIABLES, TRENDS & SCOPE

3.1. Market Lineage Outlook
  3.1.1. Parent Market Outlook: Global Paper Market
3.2. Market Segmentation
3.3. Market Penetration and Growth Prospect Mapping
3.4. Thermal Paper Market - Value Chain Analysis
3.5. Raw Material Trends
  3.5.1. Paper
  3.5.2. Leuco Dye
  3.5.3. Procurement Best Practices
3.6. Manufacturing Trends
  3.6.1. Technology Trends
  3.6.2. Cost Structure Analysis
  3.6.3. Profit Margin Analysis
3.7. Sales Channel Analysis
3.8. Vendor Selection Criteria
3.9. Technology Overview
  3.9.1. Timeline
3.10. Regulatory Framework
3.11. Market Dynamics
  3.11.1. Market Driver Analysis
    3.11.1.1. Expansion of PoS Terminal Network
    3.11.1.2. Growing Demand for Labels
  3.11.2. Market Restraint Analysis
    3.11.2.1. Emergence of Alternative Transaction Methods
  3.11.3. Industry Challenges
3.12. Business Environment Analysis: Thermal Paper Market
  3.12.1. Industry Analysis - Porter’s
    3.12.1.1. Supplier Power
    3.12.1.2. Buyer Power
    3.12.1.3. Threat of Substitution
    3.12.1.4. Threat from New Entrants
    3.12.1.5. Competitive Rivalry
  3.12.2. PESTEL Analysis
    3.12.2.1. Political Landscape
    3.12.2.2. Environmental Landscape
    3.12.2.3. Social Landscape
    3.12.2.4. Technology Landscape
    3.12.2.5. Economic Landscape
    3.12.2.6. Legal Landscape
  3.12.3. Market Entry Strategy

CHAPTER 4. THERMAL PAPER MARKET: APPLICATION ESTIMATES & TREND ANALYSIS

4.1. Definition and Scope
4.2. Thermal paper Market: Product Movement Analysis, 2021 & 2030
4.3. Point-of-Sale (POS)
  4.3.1. Thermal paper market estimates and forecasts, in POS Application, 2017 - 2030 (Kilotons) (USD Million)
4.4. Tags & Label
  4.4.1. Thermal paper market estimates and forecasts, in Tags & Label Application, 2017 - 2030 (Kilotons) (USD Million)
4.5. Lottery & Gaming
  4.5.1. Thermal paper market estimates and forecasts, in Lottery & Gaming Application, 2017 - 2030 (Kilotons) (USD Million)
4.6. Others
  4.6.1. Thermal paper market estimates and forecasts, in Other Applications, 2017 - 2030 (Kilotons) (USD Million)

CHAPTER 5. THERMAL PAPER MARKET: REGIONAL ESTIMATES & TREND ANALYSIS

5.1. Thermal paper Market: Regional Movement Analysis, 2021 & 2030
5.2. North America
  5.2.1. North America thermal paper market estimates and forecast, 2017 - 2030 (Kilotons) (USD Million)
  5.2.2. North America thermal paper market estimates and forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.2.3. U.S.
    5.2.3.1. U.S. thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.2.3.2. U.S. thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.2.4. Canada
    5.2.4.1. Canada thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.2.4.2. Canada thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.2.5. Mexico
    5.2.5.1. Mexico thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.2.5.2. Mexico thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
5.3. Europe
  5.3.1. Europe thermal paper market estimates and forecast, 2017 - 2030 (Kilotons) (USD Million)
  5.3.2. Europe thermal paper market estimates and forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.3.3. Germany
    5.3.3.1. Germany thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.3.3.2. Germany thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.3.4. U.K.
    5.3.4.1. U.K. thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.3.4.2. U.K. thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.3.5. France
    5.3.5.1. France thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.3.5.2. France thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
5.4. Asia Pacific
  5.4.1. Asia Pacific thermal paper market estimates and forecast, 2017 - 2030 (Kilotons) (USD Million)
  5.4.2. Asia Pacific thermal paper market estimates and forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.4.3. China
    5.4.3.1. China thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.4.3.2. China thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.4.4. India
    5.4.4.1. India thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.4.4.2. India thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.4.5. Japan
    5.4.5.1. Japan thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.4.5.2. Japan thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
5.5. Central & South America
  5.5.1. Central & South America thermal paper market estimates and forecast, 2017 - 2030 (Kilotons) (USD Million)
  5.5.2. Central & South America thermal paper market estimates and forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.5.3. Brazil
    5.5.3.1. Brazil thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.5.3.2. Brazil thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
5.6. Middle East & Africa
  5.6.1. Middle East & Africa thermal paper market estimates and forecast, 2017 - 2030 (Kilotons) (USD Million)
  5.6.2. Middle East & Africa thermal paper market estimates and forecast, by application, 2017 - 2030 (Kilotons) (USD Million)
  5.6.3. Saudi Arabia
    5.6.3.1. Saudi Arabia thermal paper market estimates & forecast, 2017 - 2030 (Kilotons) (USD Million)
    5.6.3.2. Saudi Arabia thermal paper market estimates & forecast, by application, 2017 - 2030 (Kilotons) (USD Million)

CHAPTER 6. COMPETITIVE LANDSCAPE

6.1. Key Global Players & Recent Developments & Their Impact on the Industry
6.2. Key Innovators, Market Leaders, and Emerging Players
6.3. Vendor Landscape
  6.3.1. List of Key Distributors & Channel Partners
  6.3.2. Key End-users & Converters
6.4. Public Companies
  6.4.1. Company Market Positioning Analysis
  6.4.2. Company Ranking Analysis
  6.4.3. Competitive Dashboard Analysis
  6.4.4. Market Differentiators
  6.4.5. Synergy Analysis
  6.4.6. SWOT Analysis
6.5. Private Companies
  6.5.1. List of Key Emerging Players and Their Geographical Presence
  6.5.2. Company Market Position Analysis

CHAPTER 7. COMPANY PROFILES

7.1. Ricoh Company Ltd.
  7.1.1. Company Overview
  7.1.2. Financial Performance
  7.1.3. Product Benchmarking
7.2. Oji Holdings Corporation
  7.2.1. Company Overview
  7.2.2. Financial Performance
  7.2.3. Product Benchmarking
  7.2.4. Strategic Initiatives
7.3. Appvion Inc
  7.3.1. Company Overview
  7.3.2. Financial Performance
  7.3.3. Product Benchmarking
7.4. Koehler Group
  7.4.1. Company Overview
  7.4.2. Product Benchmarking
7.5. Mitsubishi Paper Mills (MPM) Limited
  7.5.1. Company Overview
  7.5.2. Financial Performance
  7.5.3. Product Benchmarking
7.6. Hansol Paper Co. Ltd.
  7.6.1. Company Overview
  7.6.2. Product Benchmarking
  7.6.3. Strategic Initiatives
7.7. Gold Huasheng Paper Co. Ltd.
  7.7.1. Company Overview
  7.7.2. Product Benchmarking
7.8. Henan Province JiangHe Paper Co. Ltd.
  7.8.1. Company Overview
  7.8.2. Product Benchmarking
7.9. Thermal Solutions International Inc. (TSI)
  7.9.1. Company Overview
  7.9.2. Product Benchmarking
7.10. Jujo Thermal Limited
  7.10.1. Company Overview
  7.10.2. Product Benchmarking
  7.10.3. Strategic Initiatives
7.11. Rotolificio Bergamasco Srl
  7.11.1. Company Overview
  7.11.2. Product Benchmarking
7.12. NAKAGAWA Manufacturing (USA), Inc
  7.12.1. Company Overview
  7.12.2. Product Benchmarking
7.13. Twin Rivers Paper Company
  7.13.1. Company Overview
  7.13.2. Product Benchmarking
7.14. Iconex LLC
  7.14.1. Company Overview
  7.14.2. Product Benchmarking
  7.14.3. Strategic Initiatives
LIST OF TABLES

Table 1 Thermal paper market estimates and forecasts, in POS application, 2017 - 2030 (Kilotons) (USD Million)
Table 2 Thermal paper market estimates and forecasts, in tags and label application, 2017 - 2030 (Kilotons) (USD Million)
Table 3 Thermal paper market estimates and forecasts, in lottery and gaming application, 2017 - 2030 (Kilotons) (USD Million)
Table 4 Thermal paper market estimates and forecasts, in other applications, 2017 - 2030 (Kilotons) (USD Million)
Table 5 North America Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 6 North America Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 7 North America Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 8 U.S. Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 9 U.S. Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 10 U.S. Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 11 Canada. Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 12 Canada Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 13 Canada Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 14 Mexico. Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 15 Mexico Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 16 Mexico Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 17 Europe Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 18 Europe Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 19 Europe Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 20 Germany Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 21 Germany Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 22 Germany Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 23 U.K. Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 24 U.K. Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 25 U.K. Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 26 France Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 27 France Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 28 France Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 29 Asia Pacific Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 30 Asia Pacific Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 31 Asia Pacific Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 32 China Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 33 China Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 34 China Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 35 India Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 36 India Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 37 India Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 38 Japan Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 39 Japan Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 40 Japan Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 41 Central & South America Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 42 Central & South America Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 43 Central & South America Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 44 Brazil Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 45 Brazil Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 46 Brazil Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 47 Middle East & Africa Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 48 Middle East & Africa Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 49 Middle East & Africa Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
Table 50 Saudi Arabia Thermal paper market estimates and forecasts, 2017 - 2030 (Kilotons) (USD Million)
Table 51 Saudi Arabia Thermal paper market estimates and forecasts, by application, 2017 - 2030 (Kilotons)
Table 52 Saudi Arabia Thermal paper market estimates and forecasts, by application, 2017 - 2030 (USD Million)
LIST OF FIGURES

Fig. 1 Information Procurement
Fig. 2 Primary Research Pattern
Fig. 3 Primary Research Process
Fig. 4 Market Research Approaches - Bottom-Up Approach
Fig. 5 Market Research Approaches - Top-Down Approach
Fig. 6 Market Research Approaches - Combined Approach
Fig. 7 Market Snapshot
Fig. 8 Segment Insights
Fig. 9 Competitive Insights
Fig. 10 Penetration and Growth Prospect Mapping
Fig. 11 Thermal paper Market: Value Chain Analysis
Fig. 12 Supplier Selection Criteria: Lean and Agile Strategy
Fig. 13 Thermal paper Market: Market Dynamics
Fig. 14.Thermal paper Market: market driver impact analysis
Fig. 15.Thermal paper Market: market restraint impact analysis
Fig. 16 Thermal paper Market: Application Movement Analysis, 2021 & 2030
Fig. 17 Thermal paper Market: Regional Movement Analysis, 2021 & 2030
Fig. 18 Thermal paper Market: Competitive Dashboard Analysis


More Publications