Thermal Paper is manufactured with specialty coating with enables inkless printing. This coating blackens when exposed to heat, and in turn transfers the image on the paper. The paper has applications across gaming, lottery, retail, e-commerce, packaging & labelling, and others. The market is majorly driven by the growth in packaged food industry, growth in pharmaceutical industry, increase in number of ATM machines and the growth in retail sector. The market is expected to experience huge opportunities with the significant growth in the Italy gaming industry and favorable government initiatives. The Global Thermal paper market is expected to reach USD 4391.0 million by 2023, growing at 4.66% CAGR.
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The Global Thermal paper market is segmented on the basis of technology, application and country. On the basis of technology, the market is segmented as direct thermal, thermal transfer and others. Direct thermal segment is expected to grow with the highest rate of 4.89% CAGR during the forecast period. Market categorization based on applications include POS, lottery and gaming, labels and tags and others. POS (receipts) segment held the largest share with 4.93% CAGR within the market during the forecast period.
Study Objectives of Global Thermal paper market
• To provide insights about factors influencing and affecting the market growth.
• To provide historical and forecast revenue of the market segments as well as sub-segments with respect to regional markets and their key countries
• To provide historical and forecast revenue of the market segments based on technology, and application.
• To provide strategic profiling of key players in the market, comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Regional Analysis of Global Thermal paper market
North America dominates the Global Thermal paper market with 37.27 % of share in 2015, in terms of value. It is expected to grow at a 4.80% CAGR during the forecast period. Asia Pacific is expected to grow at 5.12 % CAGR during the forecast period and reach a market size of USD 955.4 million by 2023. Europe thermal paper market is expected to grow at a 4.38 % CAGR during the forecast period.
The regional analysis also includes –
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Rest of the world
o Latin America
o Middle East and Africa
Table Of Content – Major key Points
1 Executive Summary 11
2 Introduction 13
3 Research Methodology 15
4 Market Dynamics 19
5 Market Factor Analysis 25
6 Global Thermal Paper Market, By Technology 35
7 Global Thermal Paper Market, By Application 38
8 Global Thermal Paper Market, By Region 42
9 Competitive Scenario 88
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