Market revenue in 2022 | USD 165.0 million |
Market revenue in 2030 | USD 299.5 million |
Growth rate | 7.7% (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 |
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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 66.18% in 2022. Horizon Databook has segmented the India thermal paper market based on point-of-sale, tags & label, lottery & gaming covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing point-of-sale applications for thermal papers are likely to fuel the market growth over the forecast period. PoS terminals are widely accepted for billing in retail stores, convenience shops, entertainment centers, fuel stations, tickets in public transport, and others.
Retail industry in the country is anticipated to witness significant growth owing to improvement in living standards, high spending capacity, and wide acceptance of online retail shopping. Consumption of tags & labels used in retail packaging and bill printing is likely to support the demand for thermal papers over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the India thermal paper market , including forecasts for subscribers. This country databook contains high-level insights into India thermal paper market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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