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Thermal Paper Market Research Report - Global Forecast to 2023

On the basis of region, North America accounted for the largest market share of 37.27% in 2016, with a market value of USD 1,197.4 Million. The region has witnessed increased demand of thermal paper, from POS application, mainly due to the high internet penetration in countries such as U.S. and Canada. The POS applications demand thermal paper for receipts, acknowledgements, and bills. The U.S. is the major market in North America. The country houses one of the biggest international retail chains such as Walmart and Amazon. This makes it an important market for thermal paper. Europe was the second-largest market in 2016, valued at USD 883.8 Million in 2016. The region accounts for increasing sales of retail industry, from both brick and mortar and online stores. The retail industry is seen pacing significantly, especially in the countries of Netherlands, U.K., and Germany. Hence, Europe is projected to grow at a CAGR of 4.38%.<br><br>Asia Pacific region is expected to grow at the highest CAGR of 5.12% during the forecast period. The region is regarded as one of the fastest growing regions, in terms of sales from both retail and online stores. With increasing disposable income and changing consumer preferences, there has been an inclination towards purchasing from online platforms, especially the international ones such as Amazon. China is the major market in Asia Pacific region, owing to the increasing population and increasing demand for consumer goods.<br><br>

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Thermal Paper Market Research Report - Global Forecast to 2023

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  1. Thermal Paper Market Research Report By Forecast To 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

  2. Thermal Paper Market Forecast To 2023 Global Thermal Paper Market Information Report, By Technology (Direct Thermal, Thermal Transfer, and Others), By Application (POS, Lottery & Gaming, Labels & Tags, and Others) and By Region - Global Forecast To 2023 On the basis of region, North America accounted for the largest market share of 37.27% in 2016, with a market value of USD 1,197.4 Million. The region has witnessed increased demand of thermal paper, from POS application, mainly due to the high internet penetration in countries such as U.S. and Canada. The POS applications demand thermal paper for receipts, acknowledgements, and bills. The U.S. is the major market in North America. The country houses one of the biggest international retail chains such as Walmart and Amazon. This makes it an important market for thermal paper. Europe was the second-largest market in 2016, valued at USD 883.8 Million in 2016. The region accounts for increasing sales of retail industry, from both brick and mortar and online stores. The retail industry is seen pacing significantly, especially in the countries of Netherlands, U.K., and Germany. Hence, Europe is projected to grow at a CAGR of 4.38%. Asia Pacific region is expected to grow at the highest CAGR of 5.12% during the forecast period. The region is regarded as one of the fastest growing regions, in terms of sales from both retail and online stores. With increasing disposable income and changing consumer preferences, there has been an inclination towards purchasing from online platforms, especially the international ones such as Amazon. China is the major market in Asia Pacific region, owing to the increasing population and increasing demand for consumer goods. Request Report Sample @ https://www.marketresearchfuture.com/sample_request/880 2 www.marketresearchfuture.com

  3. Thermal Paper Market Forecast To 2023 Based on technology, the market has been segmented as direct thermal, thermal transfer, and others. The direct thermal segment accounted for the largest market share of 49.37% in 2016, with a market value of USD 1,586.1 Million. In direct thermal technology, no ribbon is used in printing. It creates the image directly on the printed material. Direct thermal printing uses chemically treated, heat-sensitive media that turns black when it passes under the thermal print head. Thermal transfer technology is projected to grow at the highest CAGR of 4.43%. Thermal transfer printing uses a heated ribbon to produce durable, long-lasting images on a wide variety of materials. Thermal transfer printers can create highly durable wristbands, asset tags, and certification labels, in addition to common labels, tags, and tickets. On the basis of application, the market has been segmented as, POS, lottery & gaming, labels & tags, and others. POS accounted for the largest market share of 58.90% in 2016. POS (Point of Sale) application includes receipts and tags at the retails stores, online purchases, and ATMs. The paper is generally compatible with most transaction-style printers and cash registers, and multiple rolls come in a pack. POS paper ensures customers get a clear, legible, smudge-free receipt each time. The thermal paper for receipts come in various dimensions to suit the end-use. The segment is expected to grow at 4.93% CAGR during the forecast period. Lottery & Gaming was the second-largest market that was valued at USD 421.5 Million in 2016. Labels & tags is also another major application. Thermal papers are used extensively for barcodes and tags and similar applications. Such labels and barcodes come handy across the supply chain of FMCG goods, for theft and security reasons. Hence, global thermal paper market is expected to reach a market size of USD 4,391.0 million by the end of the forecast period at CAGR of 4.66%. Browse Full Report @ https://www.marketresearchfuture.com/reports/thermal-paper-market-880 3 www.marketresearchfuture.com

  4. Thermal Paper Market Forecast To 2023 Segmentation 4 www.marketresearchfuture.com

  5. Thermal Paper Market Forecast To 2023 Major Players The key players of global thermal paper market are Appvion, Inc. (U.S.), Oji Paper (Thailand) Ltd. (Thailand), Koehler Paper Group (Germany), Ricoh Company Ltd (Japan), Jujo Thermal Ltd. (Finland), Mitsubishi Paper Mills Ltd. (Japan), Hansol Paper Co., Ltd (South Korea), and Nakagawa Manufacturing , Inc. (U.S.). Press Release @ https://www.marketresearchfuture.com/press-release/thermal-paper-market 5 www.marketresearchfuture.com

  6. ABOUT US MARKET RESEARCH FUTURE At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clientsto see more, know more, and do more,which help to answer all their mostimportantquestions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visitsfor its research analyst members. For more informationkindly visitwww.marketresearchfuture.comor contactus at info@marketresearchfuture.com Copyright © 2018 Market Research Future All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be circulated,copied, quoted, or otherwisereproduced withoutthe written approvalof Market Research Future. 6 www.marketresearchfuture.com

  7. THANK YOU THANK YOU MARKET RESEARCH FUTURE salesteam@marketresearchfuture.com Ph: +1-646-845-9349 (US) Ph: +44 208 133 9349 (UK) 7 www.marketresearchfuture.com

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