Middle East & Africa Thermal Paper Market Size & Outlook

The thermal paper market in Middle East & Africa is expected to reach a projected revenue of US$ 238.5 million by 2030. A compound annual growth rate of 4% is expected of Middle East & Africa thermal paper market from 2025 to 2030.
Revenue, 2024 (US$M)
$188.1
Forecast, 2030 (US$M)
$238.5
CAGR, 2025 - 2030
4%
Report Coverage
Middle East & Africa

MEA thermal paper market highlights

  • The MEA thermal paper market generated a revenue of USD 188.1 million in 2024.
  • The market is expected to grow at a CAGR of 4% from 2025 to 2030.
  • In terms of segment, point-of-sale (pos) was the largest revenue generating application in 2024.
  • Tags & Label is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Qatar is expected to register the highest CAGR from 2025 to 2030.

MEA data book summary

Market revenue in 2024USD 188.1 million
Market revenue in 2030USD 238.5 million
Growth rate4% (CAGR from 2025 to 2030)
Largest segmentPoint-of-sale (pos)
Fastest growing segmentTags & Label
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPoint-of-Sale (POS), Tags & Label, Lottery & Gaming, Ticketing, Medical, Other Applications
Key market players worldwideOji 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, MEA region accounted for 4.6% of the global thermal paper market in 2024.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 1,871.2 million by 2030.

Point-of-sale (pos) was the largest segment with a revenue share of 65.28% in 2024. Horizon Databook has segmented the Middle East & Africa thermal paper market based on point-of-sale (pos), tags & label, lottery & gaming, ticketing, medical, other applications covering the revenue growth of each sub-segment from 2018 to 2030.


Growing demand for food & beverage, FMCG and electronics goods in Middle East and African countries in light of population growth and urbanization in major markets of Saudi Arabia, UAE and Qatar is expected to increase the use of POS terminals, tags and labels.

Governments operating in Middle East & Africa are planning to shift reliance from upstream oil & gas sector to other industries such as pharmaceuticals, food & beverage, chemicals and automotive. As a result, they have framed favorable policies for promoting investments at domestic level.

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Thermal Paper Market Companies

Name Profile # Employees HQ Website

MEA thermal paper market size, by country, 2018-2030 (US$M)

Middle East & Africa Thermal Paper Market Outlook Share, 2024 & 2030 (US$M)

MEA thermal paper market size, by country, 2018-2030 (US$M)

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