
Global Chemical Type Thermal Paper Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030
Report ID: MS-1585 | Chemicals And Materials | Last updated: Sep, 2024 | Formats*:

Chemical Type Thermal Paper Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 7.0% |
Key Market Players |
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By Region |
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Chemical Type Thermal Paper Market Trends
A number of factors interweave in a complex way to influence the growth and trajectory of the chemical type thermal paper market. One major challenge comes from increased digitalisation and cashless transactions, as this reduces the need for physical receipts as a result. On the other hand, e-commerce is fast emerging and boosting demand for shipping labels and packing slips, offsetting the above trend. The market is increasingly being driven by sustainability and environmental concerns. This has resulted in developing eco-friendly thermal paper alternatives with reduced environmental impact from the production process. Changes in raw material prices, mainly those of BPA—a common chemical used in the coating of thermal paper—have also affected the dynamics.Chemical Type Thermal Paper Market Leading Players
The key players profiled in the report are Gold Hua sheng Paper Co., Ltd., Hansol Paper Co, Henan Province Jiang He Paper Co., Ltd., Koehler Paper Group, Mitsubishi Paper Mills (MPM) Limited, Oji holdings, Ricoh Company, Ltd., Siam Paper Public Co. Ltd, Appvion, Inc, Jujo Thermal Ltd.Growth Accelerators
Fast growth in the retail and hospitality sectors is the main driver of the chemical-type thermal paper market. The quick change to POS systems and increasing demand for digital modes of payment spurred the demand for thermal receipts. Moreover, rising usage of thermal labels by the logistics and transportation industry for efficient package tracking also supported the growth of the market. Moreover, thermal printing technology has definitely paved its way to the top for use in ticketing, ATM receipts, and medical records due to the speed and convenience it creates. Demand for thermal paper has also been fuelled in sectors such as healthcare and field services by the compact size and high portability of printers.Chemical Type Thermal Paper Market Segmentation analysis
The Global Chemical Type Thermal Paper is segmented by Application, and Region. . The Application segment categorizes the market based on its usage such as Point-of-Sale (POS), Tags & Labels, Ticketing, Lottery & Gaming, Medical, Others. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
This competitive landscape shapes up as a contest between established paper manufacturers and specialised, highly experienced thermal paper producers. Major players are normally leaders in terms of paper production experience, coating technologies, and distribution networks. The competition is concentrated on product quality, lower costs, environmental sustainability, and technology. In this regard, key market players are involved in R&D to enhance paper quality and clarity of image and to develop specialised thermal paper for certain applications. More than that, the orientation towards sustainable production and reducing ecological footprint is one of the critical competitive differentiators under severe testing. Further, in the evolving market, consolidation and strategic partnerships would be the key trends that set the competitive landscape.Challenges In Chemical Type Thermal Paper Market
The growth and sustainability of the chemical type thermal paper market are influenced by several challenges. Of late, environmental concerns associated with the kind of chemicals used in the heat-sensitive coating have emerged as the main obstacle. The health and safety concerns related to the presence of substances like bisphenol A in thermal paper have called for more strict regulations and consumer scepticism. Another threat to the market is the trend of digitisation and electronic receipt. The demand for thermal paper reduces when companies turn towards cashless transactions and e-payment systems; physical receipts are no longer of much relevance. In addition, changing printing technologies and searching for greener alternatives also challenge the sector.Risks & Prospects in Chemical Type Thermal Paper Market
Growth opportunities and innovations in the chemical type thermal paper market are numerous. On the demand side, digital payment and point-of-sale systems continue to find more adoption across industry verticals such as retail, hospitality, and healthcare. Looking towards companies efficiently cost-effective printing solutions, it is the go-to choice. Besides, the increasing emphasis on issues of sustainability and the environment opens up scope for developing eco-friendly thermal paper options. It means companies can tap into the increasing demand by incorporating recycled materials or biodegradable coatings into their manufacturing process. Innovations related to thermal paper, such as improved image quality, extended shelf life, or specially coated papers for dedicated applications, also allow targeting new market segments or, rather, product differentiation.Key Target Audience
The major customers for the type of product in thermal paper include manufacturers of POS terminals, ATMs, and other devices using thermal printing. These industries are in dire need of efficient and cost-effective printing that is offered by the thermal paper. Apart from these, logistics and transportation companies and healthcare providers form a significant portion of the major consumers of thermal paper in printing receipts, labels, and medical records.,, Another vital target audience includes retailers and businesses that make use of thermal printers for purposes of invoicing, ticketing, and customer receipts. This sector finds use of thermal printing convenient and fast. The increasing e-commerce business fuelled the demand for thermal paper used in shipping labels and order confirmations.Merger and acquisition
The last couple of years have characterised the outlook for the thermal paper market with various mergers and acquisitions. This is basically necessitated by factors such as the need for consolidation, expansion of market share, and access to new technologies. It reshapes the competitive landscape, characterised essentially by emerging larger and more diversified players. These companies have made acquisitions that enhance their product portfolios, geographic reach, and manufacturing capabilities. Such mergers and acquisitions have helped in the integration of research and development resources and hence enabled companies to come up with the latest thermal paper products and meet the changing needs of their customers. Moreover, such strategic alliances have also helped companies in smoothing production processes to reduce costs and bring efficiency to supply chains.- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Chemical Type Thermal Paper- Snapshot
- 2.2 Chemical Type Thermal Paper- Segment Snapshot
- 2.3 Chemical Type Thermal Paper- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Chemical Type Thermal Paper Market by Application / by End Use
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Point-of-Sale (POS)
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Tags & Labels
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Ticketing
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Lottery & Gaming
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
- 4.6 Medical
- 4.6.1 Key market trends, factors driving growth, and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market share analysis by country
- 4.7 Others
- 4.7.1 Key market trends, factors driving growth, and opportunities
- 4.7.2 Market size and forecast, by region
- 4.7.3 Market share analysis by country
5: Chemical Type Thermal Paper Market by Solution Type
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 On-Board Solution
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 On-Ground Solution
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
6: Chemical Type Thermal Paper Market by Component Type
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 FDM Service
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 FDM System
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 FDM Software
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
- 6.5 Others
- 6.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market share analysis by country
7: Chemical Type Thermal Paper Market by End-User
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Fleet Operators
- 7.2.1 Key market trends, factors driving growth, and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Drone Operators
- 7.3.1 Key market trends, factors driving growth, and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
- 7.4 Investigation Agencies
- 7.4.1 Key market trends, factors driving growth, and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country
- 7.5 FDM Service Providers
- 7.5.1 Key market trends, factors driving growth, and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market share analysis by country
- 7.6 Others
- 7.6.1 Key market trends, factors driving growth, and opportunities
- 7.6.2 Market size and forecast, by region
- 7.6.3 Market share analysis by country
8: Chemical Type Thermal Paper Market by Printing Technologies
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 Direct Thermal
- 8.2.1 Key market trends, factors driving growth, and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market share analysis by country
- 8.3 Thermal Transfer
- 8.3.1 Key market trends, factors driving growth, and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market share analysis by country
- 8.4 Others
- 8.4.1 Key market trends, factors driving growth, and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market share analysis by country
9: Chemical Type Thermal Paper Market by Width
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 2.25” (57mm)
- 9.2.1 Key market trends, factors driving growth, and opportunities
- 9.2.2 Market size and forecast, by region
- 9.2.3 Market share analysis by country
- 9.3 3.125”
- 9.3.1 Key market trends, factors driving growth, and opportunities
- 9.3.2 Market size and forecast, by region
- 9.3.3 Market share analysis by country
- 9.4 Others
- 9.4.1 Key market trends, factors driving growth, and opportunities
- 9.4.2 Market size and forecast, by region
- 9.4.3 Market share analysis by country
10: Chemical Type Thermal Paper Market by Region
- 10.1 Overview
- 10.1.1 Market size and forecast By Region
- 10.2 North America
- 10.2.1 Key trends and opportunities
- 10.2.2 Market size and forecast, by Type
- 10.2.3 Market size and forecast, by Application
- 10.2.4 Market size and forecast, by country
- 10.2.4.1 United States
- 10.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 10.2.4.1.2 Market size and forecast, by Type
- 10.2.4.1.3 Market size and forecast, by Application
- 10.2.4.2 Canada
- 10.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 10.2.4.2.2 Market size and forecast, by Type
- 10.2.4.2.3 Market size and forecast, by Application
- 10.2.4.3 Mexico
- 10.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 10.2.4.3.2 Market size and forecast, by Type
- 10.2.4.3.3 Market size and forecast, by Application
- 10.2.4.1 United States
- 10.3 South America
- 10.3.1 Key trends and opportunities
- 10.3.2 Market size and forecast, by Type
- 10.3.3 Market size and forecast, by Application
- 10.3.4 Market size and forecast, by country
- 10.3.4.1 Brazil
- 10.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 10.3.4.1.2 Market size and forecast, by Type
- 10.3.4.1.3 Market size and forecast, by Application
- 10.3.4.2 Argentina
- 10.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 10.3.4.2.2 Market size and forecast, by Type
- 10.3.4.2.3 Market size and forecast, by Application
- 10.3.4.3 Chile
- 10.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 10.3.4.3.2 Market size and forecast, by Type
- 10.3.4.3.3 Market size and forecast, by Application
- 10.3.4.4 Rest of South America
- 10.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 10.3.4.4.2 Market size and forecast, by Type
- 10.3.4.4.3 Market size and forecast, by Application
- 10.3.4.1 Brazil
- 10.4 Europe
- 10.4.1 Key trends and opportunities
- 10.4.2 Market size and forecast, by Type
- 10.4.3 Market size and forecast, by Application
- 10.4.4 Market size and forecast, by country
- 10.4.4.1 Germany
- 10.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.1.2 Market size and forecast, by Type
- 10.4.4.1.3 Market size and forecast, by Application
- 10.4.4.2 France
- 10.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.2.2 Market size and forecast, by Type
- 10.4.4.2.3 Market size and forecast, by Application
- 10.4.4.3 Italy
- 10.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.3.2 Market size and forecast, by Type
- 10.4.4.3.3 Market size and forecast, by Application
- 10.4.4.4 United Kingdom
- 10.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.4.2 Market size and forecast, by Type
- 10.4.4.4.3 Market size and forecast, by Application
- 10.4.4.5 Benelux
- 10.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.5.2 Market size and forecast, by Type
- 10.4.4.5.3 Market size and forecast, by Application
- 10.4.4.6 Nordics
- 10.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.6.2 Market size and forecast, by Type
- 10.4.4.6.3 Market size and forecast, by Application
- 10.4.4.7 Rest of Europe
- 10.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 10.4.4.7.2 Market size and forecast, by Type
- 10.4.4.7.3 Market size and forecast, by Application
- 10.4.4.1 Germany
- 10.5 Asia Pacific
- 10.5.1 Key trends and opportunities
- 10.5.2 Market size and forecast, by Type
- 10.5.3 Market size and forecast, by Application
- 10.5.4 Market size and forecast, by country
- 10.5.4.1 China
- 10.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.1.2 Market size and forecast, by Type
- 10.5.4.1.3 Market size and forecast, by Application
- 10.5.4.2 Japan
- 10.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.2.2 Market size and forecast, by Type
- 10.5.4.2.3 Market size and forecast, by Application
- 10.5.4.3 India
- 10.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.3.2 Market size and forecast, by Type
- 10.5.4.3.3 Market size and forecast, by Application
- 10.5.4.4 South Korea
- 10.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.4.2 Market size and forecast, by Type
- 10.5.4.4.3 Market size and forecast, by Application
- 10.5.4.5 Australia
- 10.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.5.2 Market size and forecast, by Type
- 10.5.4.5.3 Market size and forecast, by Application
- 10.5.4.6 Southeast Asia
- 10.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.6.2 Market size and forecast, by Type
- 10.5.4.6.3 Market size and forecast, by Application
- 10.5.4.7 Rest of Asia-Pacific
- 10.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 10.5.4.7.2 Market size and forecast, by Type
- 10.5.4.7.3 Market size and forecast, by Application
- 10.5.4.1 China
- 10.6 MEA
- 10.6.1 Key trends and opportunities
- 10.6.2 Market size and forecast, by Type
- 10.6.3 Market size and forecast, by Application
- 10.6.4 Market size and forecast, by country
- 10.6.4.1 Middle East
- 10.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 10.6.4.1.2 Market size and forecast, by Type
- 10.6.4.1.3 Market size and forecast, by Application
- 10.6.4.2 Africa
- 10.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 10.6.4.2.2 Market size and forecast, by Type
- 10.6.4.2.3 Market size and forecast, by Application
- 10.6.4.1 Middle East
- 11.1 Overview
- 11.2 Key Winning Strategies
- 11.3 Top 10 Players: Product Mapping
- 11.4 Competitive Analysis Dashboard
- 11.5 Market Competition Heatmap
- 11.6 Leading Player Positions, 2022
12: Company Profiles
- 12.1 Gold Hua sheng Paper Co.
- 12.1.1 Company Overview
- 12.1.2 Key Executives
- 12.1.3 Company snapshot
- 12.1.4 Active Business Divisions
- 12.1.5 Product portfolio
- 12.1.6 Business performance
- 12.1.7 Major Strategic Initiatives and Developments
- 12.2 Ltd.
- 12.2.1 Company Overview
- 12.2.2 Key Executives
- 12.2.3 Company snapshot
- 12.2.4 Active Business Divisions
- 12.2.5 Product portfolio
- 12.2.6 Business performance
- 12.2.7 Major Strategic Initiatives and Developments
- 12.3 Hansol Paper Co
- 12.3.1 Company Overview
- 12.3.2 Key Executives
- 12.3.3 Company snapshot
- 12.3.4 Active Business Divisions
- 12.3.5 Product portfolio
- 12.3.6 Business performance
- 12.3.7 Major Strategic Initiatives and Developments
- 12.4 Henan Province Jiang He Paper Co.
- 12.4.1 Company Overview
- 12.4.2 Key Executives
- 12.4.3 Company snapshot
- 12.4.4 Active Business Divisions
- 12.4.5 Product portfolio
- 12.4.6 Business performance
- 12.4.7 Major Strategic Initiatives and Developments
- 12.5 Ltd.
- 12.5.1 Company Overview
- 12.5.2 Key Executives
- 12.5.3 Company snapshot
- 12.5.4 Active Business Divisions
- 12.5.5 Product portfolio
- 12.5.6 Business performance
- 12.5.7 Major Strategic Initiatives and Developments
- 12.6 Koehler Paper Group
- 12.6.1 Company Overview
- 12.6.2 Key Executives
- 12.6.3 Company snapshot
- 12.6.4 Active Business Divisions
- 12.6.5 Product portfolio
- 12.6.6 Business performance
- 12.6.7 Major Strategic Initiatives and Developments
- 12.7 Mitsubishi Paper Mills (MPM) Limited
- 12.7.1 Company Overview
- 12.7.2 Key Executives
- 12.7.3 Company snapshot
- 12.7.4 Active Business Divisions
- 12.7.5 Product portfolio
- 12.7.6 Business performance
- 12.7.7 Major Strategic Initiatives and Developments
- 12.8 Oji holdings
- 12.8.1 Company Overview
- 12.8.2 Key Executives
- 12.8.3 Company snapshot
- 12.8.4 Active Business Divisions
- 12.8.5 Product portfolio
- 12.8.6 Business performance
- 12.8.7 Major Strategic Initiatives and Developments
- 12.9 Ricoh Company
- 12.9.1 Company Overview
- 12.9.2 Key Executives
- 12.9.3 Company snapshot
- 12.9.4 Active Business Divisions
- 12.9.5 Product portfolio
- 12.9.6 Business performance
- 12.9.7 Major Strategic Initiatives and Developments
- 12.10 Ltd.
- 12.10.1 Company Overview
- 12.10.2 Key Executives
- 12.10.3 Company snapshot
- 12.10.4 Active Business Divisions
- 12.10.5 Product portfolio
- 12.10.6 Business performance
- 12.10.7 Major Strategic Initiatives and Developments
- 12.11 Siam Paper Public Co. Ltd
- 12.11.1 Company Overview
- 12.11.2 Key Executives
- 12.11.3 Company snapshot
- 12.11.4 Active Business Divisions
- 12.11.5 Product portfolio
- 12.11.6 Business performance
- 12.11.7 Major Strategic Initiatives and Developments
- 12.12 Appvion
- 12.12.1 Company Overview
- 12.12.2 Key Executives
- 12.12.3 Company snapshot
- 12.12.4 Active Business Divisions
- 12.12.5 Product portfolio
- 12.12.6 Business performance
- 12.12.7 Major Strategic Initiatives and Developments
- 12.13 Inc
- 12.13.1 Company Overview
- 12.13.2 Key Executives
- 12.13.3 Company snapshot
- 12.13.4 Active Business Divisions
- 12.13.5 Product portfolio
- 12.13.6 Business performance
- 12.13.7 Major Strategic Initiatives and Developments
- 12.14 Jujo Thermal Ltd.
- 12.14.1 Company Overview
- 12.14.2 Key Executives
- 12.14.3 Company snapshot
- 12.14.4 Active Business Divisions
- 12.14.5 Product portfolio
- 12.14.6 Business performance
- 12.14.7 Major Strategic Initiatives and Developments
13: Analyst Perspective and Conclusion
- 13.1 Concluding Recommendations and Analysis
- 13.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Application |
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By Solution Type |
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By Component Type |
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By End-User |
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By Printing Technologies |
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By Width |
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Report Licenses
Frequently Asked Questions (FAQ):
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