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Thermal Paper Market Trends

  • Report ID: GMI4382
  • Published Date: Aug 2024
  • Report Format: PDF

Thermal Paper Market Trends

The thermal paper industry is experiencing transformative technological advancements that are reshaping its landscape. Innovations in thermal paper technology include the development of BPA-free alternatives, driven by stringent regulatory standards and growing consumer awareness. Enhanced formulations and coatings are being introduced to improve print quality, durability, and environmental sustainability. The integration of advanced imaging technologies, such as high-resolution thermal printing, is elevating the functionality and versatility of thermal papers in various applications.
 

Additionally, smart technologies are being incorporated, allowing for features like embedded QR codes and security measures to combat counterfeiting. These advancements not only address environmental and health concerns but also cater to evolving industry demands, such as enhanced data security and improved operational efficiency. Collectively, these technological trends are positioning the market for sustainable growth and innovation in the coming years.

Authors: Kunal Ahuja, Manish Verma

Frequently Asked Questions (FAQ) :

The market size for thermal paper was USD 4.45 billion in 2023 and is anticipated to grow at over 10.8% CAGR between 2024 and 2032 driven by their growing use in making lottery and gaming tickets.

The top coated thermal paper industry will showcase a 10.5% CAGR through 2032 driven by its application in packaging, printing, and logistics, where durable, high-quality images remain legible for 20 to 25 years.

Asia Pacific industry will exhibit a 11.3% CAGR from 2024 to 2032, driven by China's extensive use for official paperwork, international investments, and the rise of print shops.

Mitsubishi Paper Mills, Oji Holdings Corporation, Koehler Paper Group, Appvion Operations, Inc., and Jujo Limited, among others.

Thermal Paper Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 7
  • Tables & Figures: 172
  • Countries covered: 22
  • Pages: 200
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