Published by top news
Posted on August 18, 2021
A newly published Fact.MR study projects the global demand for thermal papers to reach nearly US$ 7 Bn, expanding at a CAGR exceeding 5% throughout the 2021-2031 forecast period. Increasing deployment across key industries such as packaging & labelling and the retail industry is likely to spur future growth prospects.
From 2016 to 2020, sales of thermal papers expanded at 2% CAGR, reaching over US$ 4 Bn. With the onset of the novel coronavirus pandemic, the online retail sector has accrued impressive gains, as consumers rely on e-commerce websites to make their purchases. This reliance on virtual platforms has significantly impelled thermal papers demand, as retailers adopt them to send invoices for the items dispatched.
Point-of-sale (PoS) systems are becoming increasingly popular among food chains, restaurants, and food stores since they are increasingly switching to inventory systems and time clocks. Fast-paced lifestyles often mandate the use of thermal paper for tickets, parking tickets, and admission tickets, which is increasing the demand for eco-friendly paper, a trend which is likely to prevail throughout the thermal papers industry for a lifetime.
For detailed insights on enhancing your product footprint, request a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=2487
“As health concerns regarding BPA impact on humans, consumers are choosing organic BPA-free products in thermal papers to reduce the levels of chemicals in the manufacturing process,” says the Fact.MR analyst.
Key Points Addressed in Thermal Papers Industry Analysis
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=2487
For in-depth competitive analysis, buy now- https://www.factmr.com/checkout/2487
Major players seeking to expand their customer base are hoping to gain a dominant position in the market.
For comprehensive insights on this market adoption, ask an analyst here- https://www.factmr.com/connectus/sample?flag=AE&rep_id=2487
Fact.MR’s, in its new offering, presents an unbiased analysis of the thermal papers market, presenting historical demand data (2016-2020) and forecast statistics from 2021 to 2031.
The study divulges essential insights on the market based on thickness type (60-80 microns and 80-90 microns), end user (retail industry, healthcare, packaging & labeling, printing & publishing, entertainment & transit and other end users), application (lottery & gaming, label & tickets and other applications) and technology (direct thermal and thermal transfer), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa).
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
A newly published Fact.MR study projects the global demand for thermal papers to reach nearly US$ 7 Bn, expanding at a CAGR exceeding 5% throughout the 2021-2031 forecast period. Increasing deployment across key industries such as packaging & labelling and the retail industry is likely to spur future growth prospects.
From 2016 to 2020, sales of thermal papers expanded at 2% CAGR, reaching over US$ 4 Bn. With the onset of the novel coronavirus pandemic, the online retail sector has accrued impressive gains, as consumers rely on e-commerce websites to make their purchases. This reliance on virtual platforms has significantly impelled thermal papers demand, as retailers adopt them to send invoices for the items dispatched.
Point-of-sale (PoS) systems are becoming increasingly popular among food chains, restaurants, and food stores since they are increasingly switching to inventory systems and time clocks. Fast-paced lifestyles often mandate the use of thermal paper for tickets, parking tickets, and admission tickets, which is increasing the demand for eco-friendly paper, a trend which is likely to prevail throughout the thermal papers industry for a lifetime.
For detailed insights on enhancing your product footprint, request a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=2487
“As health concerns regarding BPA impact on humans, consumers are choosing organic BPA-free products in thermal papers to reduce the levels of chemicals in the manufacturing process,” says the Fact.MR analyst.
Key Points Addressed in Thermal Papers Industry Analysis
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=2487
For in-depth competitive analysis, buy now- https://www.factmr.com/checkout/2487
Major players seeking to expand their customer base are hoping to gain a dominant position in the market.
For comprehensive insights on this market adoption, ask an analyst here- https://www.factmr.com/connectus/sample?flag=AE&rep_id=2487
Fact.MR’s, in its new offering, presents an unbiased analysis of the thermal papers market, presenting historical demand data (2016-2020) and forecast statistics from 2021 to 2031.
The study divulges essential insights on the market based on thickness type (60-80 microns and 80-90 microns), end user (retail industry, healthcare, packaging & labeling, printing & publishing, entertainment & transit and other end users), application (lottery & gaming, label & tickets and other applications) and technology (direct thermal and thermal transfer), across seven major regions (North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa).
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
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