UK Thermal Paper Market Size & Outlook, 2024-2030

The thermal paper market in UK is expected to reach a projected revenue of US$ 297.7 million by 2030. A compound annual growth rate of 3.1% is expected of UK thermal paper market from 2025 to 2030.
Revenue, 2024 (US$M)
$248.5
Forecast, 2030 (US$M)
$297.7
CAGR, 2025 - 2030
3.1%
Report Coverage
UK

UK thermal paper market highlights

  • The UK thermal paper market generated a revenue of USD 248.5 million in 2024 and is expected to reach USD 297.7 million by 2030.
  • The UK market is expected to grow at a CAGR of 3.1% 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.

Thermal paper market data book summary

Market revenue in 2024USD 248.5 million
Market revenue in 2030USD 297.7 million
Growth rate3.1% (CAGR from 2025 to 2030)
Largest segmentPoint-of-sale (pos)
Fastest growing segmentTags & Label
Historical data2018 - 2023
Base year2024
Forecast period2025 - 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, UK accounted for 6.1% 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.

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.

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Thermal Paper Market Companies

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UK thermal paper market size, by application, 2018-2030 (US$M)

UK Thermal Paper Market Outlook Share, 2024 & 2030 (US$M)

UK thermal paper market size, by application, 2018-2030 (US$M)

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