Thermal Paper Market Size, Industry Share, Price Trends, Capacity Forecasts to 2022

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Thermal Paper Industry Share and Size, Market Analysis,
Trends and Growth, End-use And Segment Forecasts To

Global thermal paper market is expected to reach USD 4.77 billion by 2022, according to a new study by
Grand View Research, Inc. Thermal paper is used in POS terminals that are employed in retail, hospital
and entertainment industries, as they are compatible with various types of machines as well exhibit
clear and durable print for a longer span of time as compared to ordinary conventional printed paper.
Lottery & gaming application is expected to witness significant gains in terms of volume, at a CAGR
exceeding 4.5% from 2015 to 2022. Expansion of gaming industry in Macau and Singapore owing to
increasing number of casinos will have a strong impact on market growth. In addition, development of
these countries as holiday destinations is expected.
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Further key findings from the study suggest:
Thermal transfer technology market was USD 1.02 billion in 2014 and is expected to witness growth
over the forecast period on account of its ability to provide multi-color images in paper. Moreover,
thermal transfer printed materials possess good heat resistance, long term durability and high sensitivity

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towards abrasion and external contamination. Growing demand for asset tagging, certification labels for
laboratory specimens and cold storage materials is expected to drive growth.
Germany thermal paper market is expected to exceed 70.0 kilo tons by 2022, growing at a CAGR of 5.5%
from 2015 to 2022. Presence of large number of automotive and chemical manufacturers such as
Volkswagen, BMW, Daimler, BASF, Henkel and Bayer in Germany is expected to promote the use of tags
& labels. In July 2013, the European Commission framed “Guideline...