Market revenue in 2022 | USD 185.0 million |
Market revenue in 2030 | USD 230.8 million |
Growth rate | 2.8% (CAGR from 2022 to 2030) |
Largest segment | Point-of-sale |
Fastest growing segment | Tags & Label |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Point-of-Sale, Tags & Label, Lottery & Gaming |
Key market players worldwide | Oji Holdings Corp, Nippon Paper Industries Co Ltd, Mitsubishi Paper Mills, Hansol Paper, Henan Jianghe Paper Co., Thermal Solutions International, Iconex, Twin Rivers Paper Company |
Point-of-sale was the largest segment with a revenue share of 68.38% in 2022. Horizon Databook has segmented the France thermal paper market based on point-of-sale, tags & label, lottery & gaming covering the revenue growth of each sub-segment from 2018 to 2030.
Thermal paper market in France is likely to ascend at a revenue growth rate of 3.5% over the forecast period on account of its wide applications in point-of-sale activities. Growing tags & label applications for thermal papers are supported with printing activities in leading industries including technology, energy, tourism, and agriculture.
Moreover, the growing retail industry in the country is expected to trigger the utilization of thermal papers for their use in tags & label. Tourism has been the major industry, which is driving the country’s economic growth.
France has witnessed a footfall of more than 207 million international tourists in 2019 owing to the well-established tourism sector in the country. This has created a scope for retail players to establish shopping malls and outlets across the country, thereby, driving the demand for thermal paper in tags and labeling applications.
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