Thermal Papers Market to Witness Growth Acceleration During 2018 to 2027Posted by Arslan on May 7th, 2019 Fact.MR has published a study in the thermal papers market and published a report titled, “Thermal Papers Market: Forecast, Trend Analysis & Competition Tracking – Global Review 2018 to 2027.” The thermal papers market report covers in-depth analysis of market driver, restraints, trends and opportunities in the thermal papers market. The report also covers associated industry analysis and a thorough assessment of competitive landscape. An extensive analysis as such delivers the most comprehensive and credible performance of the thermal papers market for the period of 2018-2027. To get a free Sample Copy of Report, Visit @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2487 Point-of-Sale Commerce Remains a Prominent User of Thermal Papers The expansion of the retail industry in the form of an increasing network of supermarket and hypermarkets as well as the growth of the hospitality industry are major factors driving the point-of-sale commerce. While grocery and retail are significant end-users, the point-of-sale also finds application in transportation payments such as parking and taxi industry. Although e-commerce is penetrating the retail industry, point-of-sale commerce continues to remain a prime means of billing information transfer across industries. And these industries show significant reliance on thermal papers for their point-of-sale billing. As long as the point-of-sale commerce continue to remain a preferred mode of billing transactions, demand for thermal papers will remain consistent in the coming years. Increasing Demand for Tailor-Made Thermal Products Thermal papers have been highly embraced for the application of labeling and packaging wherein multiple end-use industries such as food, logistics and production management. These end-users show significant demand for thermal papers and other thermal products such as thermal transfer ribbons. Well aware of the demand trends, manufacturers in the thermal papers market are introducing tailored solution specific to different applications. For instance, the thermal labels used in the food industry are manufactured with different features such as heat resistance, metal detection and durability. Increasing Preference for Digital Transactions Weakens Thermal Paper Sales Digital payment platforms are highly embraced across businesses as well as customers. Rising penetration of e-commerce has further encouraged the growth of digital payments. Further, digital payments are gaining popularity as a safer, convenient and smarter way of transactions. As digital transactions are entirely taken care digitally and do not involve an exchange of billing receipt – majorly printed on thermal papers, rapid adoption of digital payment methods are likely to impact the application of thermal papers. Thermal Papers Market – Notable Highlights
The thermal papers market report also features other key players operating in the global space. The profiled players include Koehler Paper Group, Nakagawa Manufacturing (USA), Inc., Siam Paper Public Company Limited, Jujo Thermal Ltd., Ricoh Company, Ltd., and Shandong Chenming Paper Holdings Ltd. Like it? Share it!More by this author |