Germany Thermal Paper Market Size & Outlook, 2025-2030
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Germany thermal paper market highlights
- The Germany thermal paper market generated a revenue of USD 221.8 million in 2024 and is expected to reach USD 278.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 3.9% from 2025 to 2030.
- In terms of segment, 80mm was the largest revenue generating width in 2024.
- Other Widths is the most lucrative width segment registering the fastest growth during the forecast period.
Thermal paper market data book summary
| Market revenue in 2024 | USD 221.8 million |
| Market revenue in 2030 | USD 278.0 million |
| Growth rate | 3.9% (CAGR from 2025 to 2030) |
| Largest segment | 80mm |
| Fastest growing segment | Other Widths |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 57mm, 80mm, Other Widths |
| 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 |
Other key industry trends
- In terms of revenue, Germany accounted for 5.4% of the global thermal paper market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK thermal paper market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 278.0 million by 2030.
80mm was the largest segment with a revenue share of 48.33% in 2024. Horizon Databook has segmented the Germany thermal paper market based on 57mm, 80mm, other widths covering the revenue growth of each sub-segment from 2018 to 2030.
German thermal paper market is likely to augment over the estimated timeframe owing to a rise in the demand for thermal paper from the retail, automotive, and transportation industries. Moreover, tags & label applications are anticipated to contribute significantly to the growth on account of increasing billing applications in the retail, transportation, and hospitality industries.
The presence of prominent automotive and chemical manufacturers including BMW, Volkswagen, Daimler, BASF, Bayer, and Henkel in the country is anticipated to promote the use of labels and tags. In 2013, the European Commission introduced “Guideline on the packaging information of medicinal products for human use authorized by the union”.
This regulation is anticipated to force Germany-based healthcare companies to increase their expenditure for the incorporation of good-quality labels & tags in drugs and vaccines. However, declining retail sales from PoS terminals in Germany on account of rising transactions through online media such as smartphones are expected to have a negative impact on the thermal paper market.
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Thermal Paper Market Scope
Thermal Paper Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Twin Rivers Paper Company | View profile | 1001-5000 | Madawaska, Maine, United States, North America | http://twinriverspaper.com |
| Iconex | View profile | 501-1000 | Duluth, Georgia, United States, North America | http://iconex.com |
| Thermal Solutions International | View profile | 11-50 | Jacksonville, Florida, United States, North America | https://www.tsipaper.com |
| Henan Jianghe Paper Co. | View profile | 11-50 | Jiaozuo, Henan, China, Asia | http://www.jianghe.com |
| Hansol Paper | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.hansolpaper.co.kr/ |
| Mitsubishi Paper Mills | View profile | 1001-5000 | Sumida, Tokyo, Japan, Asia | https://www.mpm.co.jp/eng/ |
| Oji Holdings Corp | View profile | 37845 | 7-5, Ginza 4-chome, Chuo-ku, Tokyo, Japan, 104-0061 | http://www.ojiholdings.co.jp |
| Nippon Paper Industries Co Ltd | View profile | 15959 | 4-6, Kanda-Surugadai, Chiyoda-ku, Tokyo, Japan, 101-0062 | http://www.nipponpapergroup.com |
Germany thermal paper market size, by width, 2018-2030 (US$M)
Germany Thermal Paper Market Outlook Share, 2024 & 2030 (US$M)
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