The Business Research Company’s Thermal Paper Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Thermal Paper Global Market Report 2023 evaluates thermal paper market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global thermal paper market is poised for substantial expansion in the coming years, with a projected growth trajectory that underscores its resilience amidst a backdrop of global economic challenges. In 2022, the market's estimated value stood at $4.03 billion, and this figure is anticipated to ascend to $4.37 billion by 2023, representing a commendable Compound Annual Growth Rate (CAGR) of 8.5%.

However, it is essential to contextualize this growth within the broader global landscape. The Russia-Ukraine conflict, in particular, cast a pall over the world's post-COVID-19 economic recovery. The resultant economic sanctions imposed on numerous nations, amplified commodity prices, and supply chain disruptions have collectively spurred inflation across a myriad of goods and services, thereby impacting multiple sectors worldwide.

Despite these global upheavals, the thermal paper market remains poised for expansion. By 2027, the market size is expected to further burgeon to a significant valuation of $5.92 billion, maintaining an admirable CAGR of 7.9%. This trend highlights the sector's resilience and adaptability in navigating the turbulent currents of the contemporary economic landscape.

The burgeoning demand for sustainable labeling practices is propelling the expansion of the thermal paper market. The e-commerce and logistics sectors are witnessing a surge in the need for eco-friendly direct thermal solutions. As the industry evolves, it is progressively embracing sustainable methodologies, such as the adoption of recycled direct thermal papers, in response to the escalating demand for eco-conscious labeling standards. Notably, in February 2022, a survey, known as FATitudes, conducted in 2021 encompassing around 6,000 primary grocery shoppers across 11 countries by Cargill Incorporated, a distinguished US-based food corporation, revealed that a noteworthy 55% of global consumers exhibit a higher likelihood to purchase packaged food items featuring a sustainability label promise. This statistic reflects a significant shift, with 37% of the 550 American respondents acknowledging that a sustainability claim now exerts a discernible influence on their purchasing decisions, marking a noteworthy six-point increase since 2019. Consequently, the surging demand for sustainable labeling practices is poised to be a driving force in the growth of the thermal paper market in the years ahead.

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The thermal paper market segments in the report are:

1) By Type: Top Coated, Non-Top Coated

2) By Technology: Direct Thermal, Thermal Transfer, and Other Technologies

3) By Thickness: 60-80 Microns, 80-90 Microns

4) By Application: POS Receipts, Lottery and Gaming Tickets, Labels and Tags, Other Applications

5) By End User: Retail Industry, Healthcare, Packaging and Labelling, Printing and Publishing, Entertainment and Transit, Other End Users

The table of contents in TBRC’s thermal paper market report includes:

1. Executive Summary

2. Thermal Paper Market Characteristics

3. Thermal Paper Market Trends And Strategies

4. Thermal Paper Market - Macro Economic Scenario

5. Thermal Paper Market Size And Growth

.......

26. Africa Thermal Paper Market

27. Thermal Paper Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Thermal Paper Market

29. Thermal Paper Market Future Outlook and Potential Analysis

30. Appendix

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