The global thermal paper market size reached US$ 4.1 Billion in 2022.

UNITED STATES, September 29, 2023 /EINPresswire.com/ -- The latest report by IMARC Group, titled "Thermal Paper Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on the global thermal paper market share. The global thermal paper market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.

Thermal paper is a specialized type of paper employed for inkless printing. It is composed of three layers: a regular paper substrate, a base layer containing alkaline salts, gelatin, and starch, and a top layer coated with the chemical Bisphenol A (BPA) as a developer. This paper is known for its durability, sensitivity to external factors, and the ability to change color when exposed to heat and light. Thanks to its reliability and convenience, thermal paper finds diverse uses in applications such as labels, tickets, point-of-sale (POS) receipts, and medical charts.

Request Your Sample Report Now: https://www.imarcgroup.com/thermal-paper-market/requestsample

Thermal Paper Market Trends and Drivers:

The global thermal paper market is primarily being propelled by its widespread usage in sectors like banking, healthcare, and entertainment. Thermal paper stands out due to its ability to produce long-lasting, clear prints compared to traditional printing paper. Additionally, the retail sector's expansion and the growing network of hypermarkets have led to increased point-of-sale (POS) billing activities, which is a positive factor contributing to market growth. Furthermore, thanks to technological advancements, manufacturers can now offer multi-colored thermal paper for tasks like asset tagging and certification labels, particularly for cold storage products and laboratory specimens. These factors are expected to result in a favorable market outlook in the years to come.

Report Segmentation:

The report has segmented the market into the following categories:

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 (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Competitive Landscape with Key Player:

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.

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=3703&flag=C

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.