Global Thermal Paper Market Size & Outlook
Global thermal paper market, 2018-2030 (US$M)
Related Markets
Global thermal paper market highlights
- The global thermal paper market generated a revenue of USD 4,013.7 million in 2022 and is expected to reach USD 5,562.1 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 4.2% by 2030.
- In terms of segment, point-of-sale accounted for a revenue of USD 2,581.6 million in 2022.
- Tags & Label is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, UK is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,013.7 million |
| Market revenue in 2030 | USD 5,562.1 million |
| Growth rate | 4.2% (CAGR from 2022 to 2030) |
| Largest segment | Point-of-sale |
| Fastest growing segment | Tags & Label |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Point-of-Sale, Tags & Label, Lottery & Gaming |
Other key industry trends
- In terms of revenue, the North America accounted for 27.9% of the global thermal paper market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 281.4 million by 2030.
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Thermal Paper Market Scope
Thermal Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global thermal paper market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to thermal paper market will help companies and investors design strategic landscapes.
point-of-sale was the largest segment with a revenue share of 64.32% in 2022. Horizon Databook has segmented the Global thermal paper market based on point-of-sale, tags & label, lottery & gaming covering the revenue growth of each sub-segment from 2018 to 2030.
In addition, growing domestic consumption of food & beverages and pharmaceuticals along with favorable government policies to promote investments at the domestic level in Mexico is expected to increase the number of retail outlets in the region, thereby opening new market opportunities for thermal paper.
Increasing adoption of mobile POS in the U.S. is anticipated to reduce the demand for thermal paper over the forecast period, hampering the market growth. Positive outlook toward oil & gas sector in the U.S. and Canada, on account of rising production of unconventional energy sources such as shale gas, is likely to ensure the supply of petrochemicals to raw material suppliers including coating manufacturers.
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Target buyers of Global thermal paper market databook
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Our clientele includes a mix of thermal paper market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global thermal paper market , including forecasts for subscribers. This global databook contains high-level insights into Global thermal paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global thermal paper market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Thermal paper market size, 2022 (USD Million)
Top 10 countries: Thermal paper market size, 2022 (USD Million)
Global thermal paper market, by region, 2022 (US$M)
Related regional statistics
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