According to a market report by Lucintel, 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 billion by 2030 from $4 billion in 2024 at 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 to
understand trends, opportunity and
forecast in thermal paper market to 2030 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).
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.
Download
sample by clicking on thermal paper market.
APAC is
expected to witness highest growth over the forecast period due to rapid
industrialization and expanding number of retail chains in the region.
Appvion,
Domtar, Twin Rivers Paper, Nakagawa Manufacturing, Koehler Paper, Lecta,
Thermal Solutions International, Panda Paper Roll, Henan Province JiangHe
Paper, Hansol Paper are the major
suppliers in the thermal paper
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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