Market revenue in 2024 | USD 248.5 million |
Market revenue in 2030 | USD 297.7 million |
Growth rate | 3.1% (CAGR from 2025 to 2030) |
Largest segment | Point-of-sale (pos) |
Fastest growing segment | Tags & Label |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Point-of-Sale (POS), Tags & Label, Lottery & Gaming, Ticketing, Medical, Other Applications |
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 (pos) was the largest segment with a revenue share of 61.85% in 2024. Horizon Databook has segmented the UK 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.
Thermal paper market in the UK is anticipated to register moderate growth owing to the acceptance of thermal papers for their use in the retail and manufacturing industry applications. Point-of-sale and tag & label applications have contributed significantly to the growing thermal paper market.
Stringent regulations concerning the use of tags & labels to provide accurate product information have increased the penetration of thermal papers for specialized labels & tags. Food & beverage industry accounted for the largest consumption of labels & tags in the country in 2020.
Moreover, increasing use of tags & labels and growing manufacturing output in the country are expected to offer growth opportunities for the thermal paper market in the near future. The presence of leading manufacturers in the country has led to the development of advanced quality thermal papers in the form of rolls and sheets.
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account