For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Market Overview of Global Direct Thermal Paper market:
According to our latest research, the global Direct Thermal Paper market looks promising in the next 5 years. As of 2022, the global Direct Thermal Paper market was estimated at USD 3107.22 million, and it's anticipated to reach USD 4055.13 million in 2028, with a CAGR of 4.54% during the forecast years.
Thermal paper is a coated processed paper. Coatings are usually made of fluorescent dyes and color-developing agents. When heated, the fluorescent dyes and color-developing agents chemically react to produce color. The color of thermal paper will gradually fade after being placed for a long time and at high temperature. Thermal paper is generally used in conjunction with thermal printers, and is often used for labels and wrapping paper for objects because of its clear printing. The biggest advantage of Direct Thermal Paper over thermal transfer printing is that it does not require a carbon ribbon, the operation is simple, and the cost of consumables is low.
The advantages of thermal printing itself
Direct Thermal Paper is favored by all walks of life because of its fast printing speed, clear printing effect and low paper cost. The thermal printer heats different positions of the thermal paper according to the set program, thereby forming a printed image. The higher the heat generated when the thermal printer works, the faster the printing. Thermal printers commonly used on the market can print in seconds, which has a huge speed advantage over pinhole printing. Thermal printing requires no ink or toner, and prints without environmental smudges. The thermal printer has a simple structure and fewer parts, rarely occurs paper jams, and is easy to operate. The cleanliness and low maintenance costs of thermal printing make it popular with the office crowd. The thermal paper is smooth and flat, and the printed handwriting and barcode are not easily deformed, which is very friendly to customers who need to print more information. The only consumable for thermal printing is thermal paper, the only maintenance is the print head of the thermal printer, and the printing cost is low. All in all, the many advantages of thermal printing itself have made it more popular, and the demand for Direct Thermal Paper has also increased.
Boom in retail
The demand for Direct Thermal Paper in the retail industry mainly comes from POS terminals and commodity labels. POS terminals play a major role in the cashless transaction trend in the retail industry with their simple and reliable billing method, which is also driving the demand for Direct Thermal Paper. Thermally printed receipts can display product details to avoid duplication or omission, and can be read by humans and scanned by barcode scanners, reducing manual verification costs and error rates. Thermal printers that don't require ink cartridges are favored by retail store owners because of their lower cost and small footprint. Product labels are usually made of paper materials, which are easy to fit and can be updated at any time. The good bonding effect and short-term storage of thermal paper meet the needs of labels, and the clarity and aesthetics of thermal paper printing can be used for product information communication and packaging. So appreciated by the retail industry. The boom in the retail industry has increased the market revenue of Direct Thermal Paper.
Development of the transportation industry
Growth in the transportation industry drives sales of Direct Thermal Paper. Since thermal paper with a protective layer can protect information in harsh environments such as humidity and high temperature, the e-commerce logistics industry generally tracks the transportation status of goods by printing barcodes on thermal paper to reduce management costs. Transportation companies use thermal paper to print different types of receipts, such as fixed tax invoices, bus ticket invoices, bus IC card roller invoices, etc. The flexibility of thermal printing can be well adapted to different charging standards and daily prices. After a rental car company binds a thermal printer to the company database, employees can carry the printer with them to chat with customers. After confirming the order, scan the agreement and upload it to the company database, which greatly facilitates the signing of the contract. Therefore, the development of the transportation industry has increased the demand for Direct Thermal Paper.
Asia Pacific dominated the Direct Thermal Paper market in 2022, with a market share of 61.04%
Oji is one of the major players operating in the Direct Thermal Paper market, holding a share of 21.56% in 2023.
Oji Papéis Especiais is a company that produces and sells thermal and carbonless paper for the Brazilian and Latin American markets. The company offers a wide range of products, including thermal and carbonless paper for a variety of applications, as well as high-quality top-coated industrial papers
Hansol's main businesses are paper products, electronics, chemicals, logistics, IT technology and solution services, home interiors and construction. Hansong Paper was the first company to introduce the ERP system of the Korean Paper Industry, and is playing its role as a leading paper manufacturer in Korea.
By type, Non top-coated segment accounted for the largest share of market in 2022.
By application, the POS Application segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Direct Thermal Paper market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Direct Thermal Paper Market Report:
Market Size Estimates: Direct Thermal Paper market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Direct Thermal Paper market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Direct Thermal Paper market
Segment Market Analysis: Direct Thermal Paper market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Direct Thermal Paper market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Direct Thermal Paper Market: Revenue and sales volume of major countries in each region
Direct Thermal Paper Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Direct Thermal Paper market in major regions.
Direct Thermal Paper Industry Value Chain: Direct Thermal Paper market raw materials & suppliers, manufacturing process, distributors, downstream customers
Direct Thermal Paper Industry News, Policies & Regulations
Key players in the global Direct Thermal Paper market are covered in Chapter 12:
Jujo Direct Thermal Paper
In Chapter 2 and Chapter 15.1, based on types, the Direct Thermal Paper market from 2018 to 2028 is primarily split into:
In Chapter 3 and Chapter 15.2, based on applications, the Direct Thermal Paper market from 2018 to 2028 covers:
Lottery & Gaming
Labels & Tickets
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
Asia-Pacific (Covered in Chapter 8)
Europe (Covered in Chapter 9)
Latin America (Covered in Chapter 10)
Middle East and Africa (Covered in Chapter 11)
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Direct Thermal Paper market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028