Global Thermal Paper Market Research Conclusions|Business Plans|Strategies with
Posted by Fred Williams on March 26th, 2021
Thermal paper changes colour upon exposure to heat & light owing to the presence of a coating pigment. In addition, these papers are highly durable and have high sensitivity towards external adulteration. As a substitute for cash registers, thermal papers are generally used in POS terminals to serve banking, retail, medical and entertainment industries owing to their compatibility with several types of printing machines. Thermal papers provide a clear print for an extended period as compared to traditional print paper. Nowadays, the demand for BPA-free or Phenol-free thermal paper has witnessed significant growth for linerless applications.
Global Thermal Paper Market: Dynamics
Advancements in thermal transfer technology is estimated to drive potential growth opportunities during the forecast period owing to its capability to deliver multi-colour paper. Moreover, the rising demand for thermal paper for asset tagging as well as certification labels for cold storage products & laboratory specimens is also expected to drive the market over the forecast period.
However, a substantial increase in online POS (or mobile-POS), especially in developed countries, is expected to hamper the growth of conventional paper tags & labels, which is, in turn, expected to hamper the demand for thermal paper in the coming years.
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About the AuthorFred Williams
Joined: May 7th, 2020
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