Thermal Paper Market Outlook Pegged for Robust Expansion by 2025

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Thermal Paper Market

• Global Industry Analysis, Size, Share, Growth,
  Trends and Forecast, 2026

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• Global Thermal Paper Market Overview

• 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.

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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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Global Thermal Paper Market Company Developments
and Industry-Level Trends

• In 2017, Mitsubishi HiTec Paper launched
  THERMOSCRIPT LL 77 series of thermal papers at
  Labelexpo Europe 2017 in Brussels to offer a
  cost-effective phenol-free linerless labelling
  solution. Mitsubishi HiTec Paper offers a wide
  range of excellent coated specialty papers.
• In October 2018, BIXOLON Europe GmbH, which is a
  subsidiary of BIXOLON Co. Ltd. and a leading
  manufacturer of label, POS and mobile printers,
  announced the launch of the new Direct Thermal
  POS printer, an SRP-E300 cost-efficient and
  durable 3-inch (80mm) printer. It has a
  cost-effective ticket and receipt printer, which
  makes it ideal for banking, retail and
  hospitality applications. 

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Global Thermal Paper Market Key Players

• Appvion Incorporated
• Mitsubishi Paper Mills Limited
• Oji Holdings Corporation
• Koehler Paper Group
• Nakagawa Manufacturing (USA), Inc.
• Siam Paper Public Company Limited
• Jujo Thermal Ltd.

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