Thermal Papers Market Plying for Significant Growth During 2018 to 2027Posted by Arslan on July 25th, 2019 According to Fact.MR, demand for thermal papers remains consolidated in North America. The estimates find that North America accounted for nearly one third of the global thermal papers consumption in 2018. Europe and APEJ followed suit in and generated comparable demand for thermal papers in 2018. Buoyancy in the end-use industries and a strong distribution network of prominent thermal paper provides in these regions are factors driving the sales of thermal papers. In 2018, over 3.1 million tons of thermal papers were sold globally and the consumption is likely to grow at a subdued rate of 2.7% in 2019, according to Fact.MR’s latest study. Retail industry continues to be the largest end-user, accounting for over half of global demand in 2018. Macro trends impacting the retail industry are also rubbing off on thermal papers demand, according to Fact.MR’s latest study. Growing adoption of digital payment methods in retail stores is likely to result in declining demand. Request Free Sample Report Here: https://www.factmr.com/connectus/sample?flag=S&rep_id=2487 Thermal Papers Market Structure The thermal papers market is studied thoroughly to derive the market segmentation. The thermal papers market is segmented based on thickness, by end-use industry, by application and by technology. The global thermal papers market study also covers market analysis in key regions. Based on thickness, thermal papers market is segmented into 60-80 microns and 80-90 microns thicknesses. Based on end-use industry, the thermal papers market is segmented in retail industry, healthcare, packaging & labelling, printing & publishing, entertainment & transit and other end-use industries. By application, the thermal papers market is segmented in point of sale, lottery & gaming, labels & tickets and other applications. By technology, the thermal papers market is segmented in direct thermal and thermal transfer categories. The thermal papers marketplace is witnessing increase in prices of thermal papers owing to the rising cost of pulp and other raw materials used in the manufacturing. In addition, global shortage in the leuco dye supply chain, the highly utilized dye in the thermal paper industry, has led to an unprecedented rise in the cost of thermal papers. On the back of these developments, thermal paper manufacturers have increased the prices of thermal paper.
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. Thermal transfer technology is highly sought after in applications that demand a high level of product differentiation such as marketing, brand image, compact and detailed barcodes and certification labels. Key Players Hold a Significant Revenue Share in Thermal Papers Market Prominent players are actively engaged in improving their product portfolio by introducing innovative and durable products. With their strong global presence and an effective distribution network, these players hold a significant share in thermal papers market. Other players in the thermal papers market are regional operators, predominantly Chinese companies. These players fill the demand gaps of domestic supply chain wherein they fulfil the requirement of low cost and temporary solutions of local industries. 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.
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