From GlobeNewswire: 2024-07-25 16:00:00

The Global Thermal Paper Market is projected to grow from USD 4.52 billion in 2023 to USD 7.21 billion by 2033, with a 4.78% CAGR. Thermal paper is used in electronic devices like fax machines, POS systems, and printers. The market is driven by the demand for comprehensive labeling in industries like food and beverage. The POS application segment is expected to dominate the market, with Asia-Pacific holding the largest market share. The direct thermal printing technology will lead the market, especially in applications like receipt printing and shipping tags. Asia-Pacific is expected to have the largest market share, driven by the growth of businesses and online shopping. North America is projected to grow at the fastest rate, with the food service industry and demand for high-quality thermal paper driving growth. Major vendors in the market include Gold Huasheng Paper Co. Ltd, Henan Province JiangHe Paper Co. Ltd, and Oji Holdings Corp. In recent developments, Lecta introduced two new grades of thermal paper for self-adhesive label applications. Market segments include application, printing technology, and region. Global regions covered include North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Key industry insights and market analysis are provided to help businesses make informed decisions.



Read more at GlobeNewswire: Global Thermal Paper Market Size To Worth USD 7.21 Billion