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 $5.0 billion by 2030 from $4.0 billion in 2023, 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.
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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 [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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