PUBLISHER: TechNavio | PRODUCT CODE: 1603971
PUBLISHER: TechNavio | PRODUCT CODE: 1603971
Thermal Paper Market 2024-2028
The thermal paper market is forecasted to grow by USD 909.2 mn during 2023-2028, accelerating at a CAGR of 3.4% during the forecast period. The report on the thermal paper market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing preference for cashless transactions, growing adoption of detailed labeling in pharmaceutical industry, and rising demand for thermal paper for certification labels for cold storage products.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 3.3% |
CAGR | 3.4% |
Incremental Value | $909.2 mn |
Technavio's thermal paper market is segmented as below:
By Application
By Geographical Landscape
This study identifies the favorable government initiatives as one of the prime reasons driving the thermal paper market growth during the next few years. Also, increase in number of atm machines and development of thermal paper with high uv resistance will lead to sizable demand in the market.
The report on the thermal paper market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermal paper market vendors that include Appvion Operations Inc., Domtar Corp., Guangdong Guanhao High-tech Co., Ltd., Hansol Paper Ltd., Henan JiangHE Paper Co. Ltd., Iconex LLC, Kanzaki Specialty Papers Inc., Koehler Paper SE, Mitsubishi Paper Mills Ltd., Nakagawa Manufacturing (USA), Inc, Nippon Paper Industries Co. Ltd., Oji Holdings Corp., PG Paper Co. Ltd., Ricoh Co. Ltd., Rotolificio Bergamasco Srl, Shandong Chenming Paper Group Co., Ltd., Shandong Ultra Paper Co. Ltd., Telemark Corp, Thermal Solutions International Inc., and Torraspapel S.A.. Also, the thermal paper market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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