Middle East & Africa Thermal Paper Market Size & Outlook
Middle East & Africa thermal paper market, 2018-2030 (US$M)
Related Markets
MEA thermal paper market highlights
- The MEA thermal paper market generated a revenue of USD 157.0 million in 2022.
- The market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, point-of-sale was the largest revenue generating application in 2022.
- Tags & Label is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 157.0 million |
| Market revenue in 2030 | USD 216.1 million |
| Growth rate | 4.1% (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 |
| 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, MEA region accounted for 3.9% of the global thermal paper market in 2022.
- 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 2,143.4 million by 2030.
Point-of-sale was the largest segment with a revenue share of 68.22% in 2022. Horizon Databook has segmented the Middle East & Africa thermal paper market based on point-of-sale, tags & label, lottery & gaming 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.
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Thermal Paper Market Scope
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, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
