Segmental Analysis

The segmental summary of the Thermal Paper Market Size has been conducted on the basis of technology, region, and application. Based on the technology, the market for thermal paper has been split into thermal transfer, direct thermal, and others. Based on the application, the Thermal Paper Market Size has been segmented into lottery & gaming, labels & tags, POS, and others. Based on the regions, the Thermal Paper Market Size has been segmented into APAC, Europe, North America, and other global regions.

Competitive Analysis

The reasonable effortlessness in securing bankrolling is expected to guide the spread of the market in the upcoming period. The organizations around the world are also performing a part in safeguarding the incomparable development of the market. The establishing of worldwide economies has as well strengthened the progress of the environment. The improvements in the manufacturing worth are generating a strong atmosphere for the development of the market. The amalgamation of the delivery channels is estimated to produce an added impetus of the market’s fruition. The advancement of modern systems in the production and dealing of the goods is stimulating the market in the course of gratifying its goals. The amplified variation in the market companies has placed down a steady basis for the expansion of the market. The compulsion to lessen risks is projected to move progress in the market in its wholeness.

The strategic contenders in the Thermal Paper Market Size are Oji Holdings Corporation (Japan), Ricoh (Japan), Appvion Operations, Inc. (the US), MITSUBISHI PAPER MILLS LIMITED (Japan), NAKAGAWA Manufacturing (USA), Inc. (US), KOEHLER GROUP (Germany), Jujo Thermal Ltd. (Finland), Hansol (South Korea), Gold Huasheng Paper (Suzhou Industrial Park) CO., Ltd Inc. (China) and Rotolificio Bergamasco SRL (Italy).

Industry Updates:

Nov 2019 Oji Holdings Corp. recently announced that it would devote approximately 13 billion yen to increase the thermal paper production volume at a group establishment in Brazil. The new facility is listed to be completed in December 2021. The yearly thermal paper volume at Oji Papeis Especiais Ltda., which also produces carbonless paper, will surge approximately between 70,000 tons to 150,000 tons. The firm is situated in Piracicaba in the state of Sao Paulo.