A new report on the global thermal ticket paper market is published by TMR, in which, key insights are delivered on the market landscape. According to the report, the market is projected to expand at a CAGR of over 6% during 2019-2027, thanks to various factors that are explained in the report. Owing to the presence of a coating pigment, direct thermal ticket paper is liable to color changes when exposed to heat and light. Moreover, it is highly durable and has high sensitivity to external adulteration. Self-adhesive tags & labels, along with point-of-sale receipts, have emerged as key applications of direct thermal ticket paper. Other applications of direct thermal ticket paper are transport tickets (boarding passes, ATB/baggage tags, etc.), admission/event tickets, lottery & gaming tickets, and many more. Nowadays, BPA-free or phenol-free direct thermal ticket paper has been witnessing significant usage in ticketing applications.
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TMR, in its report, anticipates that the transport ticket segment is expected to overtake other ticket applications by the end of 2027. The major factor driving the growth of the direct thermal ticket paper tickets across the globe is intensifying networks of public transport in and around various geographies. Furthermore, rising number of forgeries in public transport tickets are anticipated to drive the growth of the market during the forecast period. Prominent countries in Europe are at forefront of witnessing an alarming rate of forgeries or counterfeiting in public transport tickets. As per the report, all these factors will increase the demand for direct thermal ticket paper. The fact that direct thermal ticket is a speciality paper with a composition that needs major effort to be reproduced, it has become an ideal option for forgery-proof ticketing applications. Additionally, the adoption of direct thermal ticket paper in transport, gaming, and admission/event applications is increasing significantly, which shows further growth of the direct thermal ticket paper market, globally.
Some of the major players operating in the global direct thermal ticket paper market are profiled in this report to give a better competitive analysis of the market and these include Nippon Paper Industries Co., Ltd., Domtar Corporation, UPM-Kymmene Oyj, AhlstromMunksjö Oyj, Oji Holdings Corporation, Ricoh Company, Ltd., Hansol Paper Co. Ltd., Koehler paper, Henan Province JiangHe Paper Co., Ltd., Sihl GmbH, Appvion Operations, Inc., Jujo Thermal Ltd., TELE-PAPER (M) SDN. BHD., Rotolificio Bergamasco Srl, and Nath Paper & Pulp Mills Ltd.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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