The global thermal paper market is anticipated to expand over a CAGR of 10.6% over the forecast period from 2018 to 2025. This is majorly due to the increasing use of thermal paper in POS terminals since they provide high-temperature stability, barcode scan ability, and moisture resistance. Specialized fields such as healthcare sectors require high-quality images produced by thermal printing for technical printouts such as electrocardiograms (ECGs), and prescription labels where accuracy is necessary. Therefore, rising usage of POS terminals for billing and high volume printouts in retail, food & beverage, and pharmaceutical sectors is a key factor expected to drive the demand for thermal paper over the forecast period.

Rising awareness about the benefits of POS terminals, owing to the technological advancement such as mobile wallets, online banking demand have secure ways for making transactions. Budding use of thermal paper for transactions among retailers, and recent government initiatives to encourage cashless transactions are some of the other factors driving the thermal paper demand. Surging demand for point of sale (POS) terminals as a substitute to cash registers in the hospitality, warehouse and medical sectors is expected to be a favorable factor for the overall revenue in the years to come.

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North America dominated the global thermal paper market and is expected to maintain its leading position over the next seven years. On the other hand, Asia Pacific is projected to rise rapidly and is projected to witness revenue growth at a CAGR of 11.5% from 2018 to 2025. Rising per capita income, purchasing power of the middle-income population, developing food & beverage, and tourism sectors is driving the need for POS and labelling applications in this region. Also, certain governmental initiatives mandating the labelling of fresh and processed foods is another factor supplementing the global thermal paper market growth.
In 2013, the Consumer Affairs department of Japan mandated the labelling of fresh and processed foods. This strategy by Japanese government is a favorable development towards the use of thermal paper in the end-use sectors.

Key players in the global thermal paper market are consolidating to maintain its competitive edge over the other manufacturers. For instance, in 2017, Appvion Inc., announced plans to consolidate its carbonless paper coating and rewinding operations in Appleton, Wisconsin, USA. This strategy by Appvion is likely to serve the current and future demand for carbonless products and will help improve its position by increasing its manufacturing capacity and logistics operations. Global leaders such as Ricoh Company Ltd, Koehler Paper, and Hansol Paper are under the process of maintaining existing clients and venturing into new markets to increase revenue profits and maintain company growth.
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Key segments of the global thermal paper market
Technology Overview, 2015 – 2025 (Kilo tons) (USD Million)
•
o Direct thermal
o Thermal transfer
o Others

Application Overview, 2015 – 2025 (Kilo tons) (USD Million)
•
o Point of Sale (POS)
o Lottery and Gaming
o Tags and Labels
o Others

Region/Country Overview, 2015 – 2025 (Kilo tons) (USD Million)
•
o North America
 U.S.
 Rest of North America
o Europe
 Germany
 France
 Italy
 UK
 Spain
 Rest of Europe
o Asia Pacific
 China
 Japan
 India
 Rest of Asia Pacific
o Latin America
 Brazil
 Rest of Latin America
o Middle East and Africa
 Saudi Arabia
 Rest of MEA
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Table of Content
1. Research Methodology
• Research approach
• Scope, definition, and assumptions
• Data sources

2. Executive Summary

3. Market Outlook
• Introduction
• Key trends
• Market drivers
• Market restraints
• Market opportunities
• Value chain analysis
• Porter’s Five Forces’ analysis

4. Type Overview
• Global thermal paper market share, by technology, 2017 & 2025
• Direct Thermal
• Market size and projections, 2015 – 2025
• Thermal Transfer
• Market size and projections, 2015 – 2025

5. Application Overview

• Global thermal paper market share, by application, 2017 & 2025
• POS
• Market size and projections, 2015 – 2025
• Lottery and Gaming
• Market size and projections, 2015 – 2025
• Tags & Labels
• Market size and projections, 2015 – 2025
• Others
• Market size and projections, 2015 – 2025

6. Regional OverviewGlobal thermal paper market share, by region, 2017 & 2025North AmericaU.S.
• Market size and projections, 2015 – 2025
• Rest of North America
• Market size and projections, 2015 – 2025
• EuropeGermany
• Market size and projections, 2015 – 2025
• France
• Market size and projections, 2015 – 2025
• Italy
• Market size and projections, 2015 – 2025
• UK
• Market size and projections, 2015 – 2025
• Spain
• Market size and projections, 2015 – 2025
• Rest of Europe
• Market size and projections, 2015 – 2025
• Asia PacificChina
• Market size and projections, 2015 – 2025
• Japan
• Market size and projections, 2015 – 2025
• India
• Market size and projections, 2015 – 2025
• Rest of Asia-Pacific
• Market size and projections, 2015 – 2025
• Latin AmericaBrazil
• Market size and projections, 2015 – 2025
• Rest of Latin America
• Market size and projections, 2015 – 2025
• Middle East and Africa
• Market size and projections, 2015 – 2025
• Saudi Arabia
• Market size and projections, 2015 – 2025
• Rest of MEA
• Market size and projections, 2015 – 2025

7. Industry Structure
• Company market share, 2017
• Competitive strategies

8. Company ProfilesOji Holdings Corporation
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Ricoh Company, Ltd.
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Appvion Incorporated
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Koehler Paper
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Hansol Paper
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Mitsubishi Paper Mills (MPM) Limited
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Siam Paper
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Gold Huasheng Paper Co., Ltd.
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Henan Province JiangHe Paper Co., Ltd.
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives
• Jujo Thermal Limited
• Company overview
• Financial performance
• Product portfolio
• Recent initiatives

About Us:
Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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