Thermal Paper Market Research Report - Global Forecast till 2027

Global Thermal Paper Market: Information by Technology (Direct Thermal, Thermal Transfer, and Others), Application (Point-Of-Sale (POS), Lottery & Gaming, Labels & Tags, and Others), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)—Forecast till 2027

ID: MRFR/PNT/0378-CR | July 2019 | Region: Global | 118 pages

Please note that the assessment period of the report has been updated from 2018-2025 to 2020-2027. Cordially fill Sample form for the updated data.

Market Overview 
Global Thermal Paper Market consists of a specialized paper that is inclusive of a composite formulation of coating. This market makes use of a mixture that contains heat-sensitive dyes, as well as, an appropriate matrix for the formulation property. The colors for dying are quite different and this variation occurs only after there is a differentiation in temperature once it reaches the mixture’s melting point. The precoat that is applied results in absorbing the mixture containing the dyes below the layer of the thermal paper. Further, it also prevents the print from golding the thermal ink.


The thermal paper market report helps in analyzing the growth of the market that is currently witnessing an increase in demand as there is a spike in the demand for packaged food items from the food industry. Owing to the dynamicity and demand of the market, the thermal paper market share is expected to rise at a 4.87% CAGR by the end of the global forecast period in 2025. The market has various segments functional in 4 major geographical locations around the world that are taken into consideration to estimate the market valuation. The market is expected to reach an overall value worth USD 4,903.8 million by the end of the future forecast in 2025. 


COVID 19 Analysis 
The worldwide spread of the COVID 19 pandemic has had a major and concerning the impact on the industries and their manufacturing and production units. The key players present in the thermal paper market are now laying their focus on increasing their working scale by bringing business diversifications. This step is being taken up to minimize the risk factor and survive the dynamicity that is brought in by the pandemic. The malls, shopping centers, and other businesses that make use of the paper industry have been brought to a halt owing to the unavailability of work and labor by the imposition of both partial and complete nature lockdown. 


The shopping malls and other centers make use of the paper for instant billing that is likely to help the market propel post the spread of the COVID 19 pandemic. These had faced a major decline during the spread of the pandemic at an alarming scale in 2020. Also, the target audience is subject to rising awareness related to lowering the use of thermal paper used for billing and similar transactions. The rise in the use of online transactions is one the rise owing to digital receipts and ease of convenience. Digital payments are being promoted to be used under various government schemes, as well as, maintain social distancing during the times of the pandemic spread and curb the same. This has hindered the market growth during the pandemic and as the after-effects of the same. 


Market Dynamics 


Drivers 


The thermal paper market is witnessing a huge increase in the demand for paper owing to the printing transactions and receipts of various businesses. The papers are reliable, as well as, durable in the long run. These receipts have a high usage in the hospitals owing to the numerous amount of billing applications now and then. 


Restraints 


Due to the different waves and stages of the pandemic, many countries have strict lockdowns and curfews to stop the spread of the COVID 19 pandemic. Hence, many businesses are switching to online delivery and accepting payments through online means only. Online bill generation and forwarding it to the customers in the form of text messages and e-mails are declining the use of thermal paper in the global market. 


Technology Analysis
Many steps to contain the pandemic are being taken up. Cash exchange, medical paper bills, etc. are being identified as carriers for the pandemic. Hence, to limit the same, online transactions are being preferred. People are also being encouraged to make use of online payments and transactions to prevent being a carrier of the virus to different groups of people. However, there is a growth of the retail sector in mushrooming economies of the APAC region like China, as well as, India. The increase in the number of supermarkets belonging to the POS segment of the thermal paper market will help the market grow at the expected CAGR rate by the end of the global forecast in 2025. However, the lockdowns have imposed children to sit back home that has increased the use of thermal paper in many folds in the education sector. 


Study Objectives 



  • To understand the impact of the COVID 19 pandemic on the market dynamics that are likely to have an impact on the market dynamics, expected CAGR growth, as well as, estimating the value of the market by the end of the future forecast period in 2025. 

  • To analyze the performance of the market segments in 4 major geographical locations namely North America, Europe, Asia Pacific, as well as, the rest of the world (RoW).

  • To study the revenue model and performance of the prominent players of the market, understand their recent developments to draw a competitive scale, and estimate the market valuation by the end of the future forecast in 2025. 


Segment Overview 
The thermal paper market revenue is likely to be estimated based on the performance of its market segments. The thermal paper market segments predict the individual performance of each segment and further helps in analyzing the growth potential in each of them. The thermal paper market segmentation is done based on the following: 


Technology 


Under the technology segment, the market consists of direct thermal, as well as, thermal transfer amongst others. Owing to the market trends, direct thermal technology has gained a lot of momentum. The increase is due to factors like the adoption of this technology in receipts, shipping labels, parking tickets, coupons, compliance labels, as well as, kiosk tickets, amongst others. In the historic year of 2018, this market segment accounted for 48% of the market share. 


Application 


Based on application, the market has segments like the point of sale (POS), tags and labels, lottery, as well as, gaming, amongst others. In the pandemic year of 2020, the POS market segment had the maximum market share on the global level that accounted for 64%. The thermal paper is undergoing wide adoption and usage in the POS machinery because it stimulates a degree of ease while carrying out the printing procedure. Also, the mobile POS terminals have a wide range in various spaces for public utility, transportation, as well as, the retail market. 


Geographical locations 
The thermal paper market is conducting its manufacturing, production, and services in 4 major locations of the world. These are North America, Asia Pacific countries, European nations, as well as, the rest of the world (RoW). 


thermal paper


Regional Analysis
The North American region is expected to have the largest market share by the end of the future forecast period of 2025. The US market is expected to dominate the growth in the North American region due to the widespread increase in the number of entries and applicants from different industries like pharma and medical, food and beverage, amongst the other functional ones. Following the trend, the second region that is expecting maximum growth is the APAC region. Major country players like India, as well as, China, are expected to hold the largest share in terms of growth. These regions are witnessing an increased demand for the packaged food items. Also, there is the expected growth of the retail and food and beverage industry units. 


Competitive Landscape 
The thermal paper market analysis is important to understand and analyze the working of the key market players. Understanding their revenue and working model will help in drawing a competitive landscape for the market by the end of the global forecast period in 2025. The prominent players are:



  • Mitsubishi Paper Mills Limited 

  • Oji Paper Limited (Thailand)

  • Jujo Thermal Limited 

  • Appvion Limited 

  • Koehler Paper Group 


Recent Developments 



  • The young generation of the APAC region is increasing the demand for packed food items owing to their busy schedule and lifestyle changes 

  • Increase in use of PoS market segment at various places at ATMs, cash registers, machines for credit card use, gas stations, and much more. 

  • Expansion of the supermarkets giving a rise to supermarkets in the US market along with an increasing network in between the small stores, as well as, the hypermarkets

  • In 2018, there was a 15.2 million point sale registered of the terminals processing advancement in the whole of the European continent. 


Report Overview 
The global thermal paper market research report consists of the impact of the pandemic on the market that is further giving rise to the market opportunities, as well as, restraints in the process of growth. By the end of the global forecast period in 2025, the market is expected to rise at a CAGR of 4.87% CAGR. the report also conducts primary research to understand the role and functioning of the market segments under 4 major geographical locations of the world. The report focuses on the performance of the key market players by noting the recent developments, understanding their revenue model, and drawing a competitive global graph.



Report Scope:
Report Attribute/Metric Details
  Market Size   2025: USD 4,903.8 Million
  CAGR   4.87% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rst of the World (RoW)
  Key Vendors   Mitsubishi Paper Mills Limited, Oji Paper Limited (Thailand), Jujo Thermal Limited, Appvion Limited, Koehler Paper Group
  Key Market Opportunities

  • Significant Growth In Italy Gaming Industry And Favourable Government Initiatives
  • New product launches and R&D amongst major key players
  •   Key Market Drivers

  • Growth In Packaged Food Industries
  • Growth In Pharmaceutical Industry
  • Increase In The Number Of ATM Machines
  • Growth In Retail Industry


  • Frequently Asked Questions (FAQ) :


    The thermal paper market is supposed to expand at 4.87% CAGR.

    Increasing demand for POS application is anticipated to lead the augmentation of the thermal paper market.

    The segments of the market based on technology are thermal transfer, direct thermal, and others.

    The direct thermal segment is anticipated to dominate the market.

    The application segments are POS, labels & tags, lottery & gaming, and others.

    The thermal paper market is set to be dominated by the POS segment.

    The major players are Ricoh (Japan), Appvion Operations, Inc. (the US), Oji Holdings Corporation (Japan), KOEHLER GROUP (Germany), Hansol (South Korea), MITSUBISHI PAPER MILLS LIMITED (Japan), NAKAGAWA Manufacturing (USA), Inc. (US), Gold Huasheng Paper (Suzhou Industrial Park) CO., Ltd Inc. (China), Jujo Thermal Ltd. (Finland), and Rotolificio Bergamasco SRL (Italy).

    1 Executive Summary

    2 Introduction

    2.1 Definition 13

    2.2 Scope of the Study 13

    2.3 Assumptions 13

    2.4 Market Structure 14

    3 Research Methodology

    3.1 Research Process 15

    3.2 Primary Research 16

    3.3 Secondary Research 16

    3.4 Market Size Estimation 16

    3.5 Forecast Model 18

    4 Market Dynamics

    4.1 Drivers 20

    4.1.1 Growth in packaged food industries 20

    4.1.2 Growth in pharmaceutical industry 21

    4.1.3 Increase in the number of ATM machines 22

    4.1.4 Growth in retail industry 22

    4.2 Restraints 23

    4.2.1 Fluctuating supply and prices of raw materials 23

    4.2.2 Availability of skilled labor 23

    4.3 Opportunities 24

    4.3.1 Significant growth in Italy gaming industry and favourable government initiatives 24

    5 Market Factor Analysis

    5.1 Porter's Five Forces Analysis 25

    5.1.1 Threat of New Entrants 26

    5.1.2 Bargaining Power of Suppliers 26

    5.1.3 Bargaining Power of Buyers 26

    5.1.4 Threat of Substitutes 26

    5.1.5 Rivalry 26

    5.2 Value Chain Analysis 27

    5.3 Economic Parameter and Trends 28

    5.3.1 North America 28

    5.3.2 Europe 31

    5.3.3 Asia Pacific 33

    6 Global Thermal Paper Market, By Technology

    6.1 Overview 36

    6.1.1 Direct Thermal 36

    6.1.2 Thermal Transfer 36

    7 Global Thermal Paper Market, By Application

    7.1 Overview 39

    7.1.1 POS 39

    7.1.2 Lottery & Gaming 39

    7.1.3 Labels & Tags 39

    7.1.4 Others 40

    8 Global Thermal Paper Market, By Region

    8.1 Introduction 43

    8.2 North America 46

    8.2.1 U.S. 50

    8.2.2 Canada 53

    8.3 Europe 55

    8.3.1 Germany 59

    8.3.2 U.K. 61

    8.3.3 France 62

    8.3.4 Spain 64

    8.3.5 Italy 66

    8.3.6 Rest of Europe 68

    8.4 Asia Pacific 70

    8.4.1 China 73

    8.4.2 Japan 75

    8.4.3 India 77

    8.4.4 Rest of Asia Pacific 79

    8.5 Rest of the World 81

    8.5.1 South America 84

    8.5.2 Middle East & Africa 86

    9 Competitive Scenario

    9.1 Competitive Landscape 88

    9.2 Competitive Benchmarking 89

    9.3 Capacity Expansion 90

    10 Company Profile

    10.1 Ricoh Company Ltd. 91

    10.1.1 Company Overview 91

    10.1.2 Financial Overview 91

    10.1.3 Product/Service Offering 92

    10.1.4 Strategy 92

    10.1.5 Key Developments 93

    10.1.6 SWOT Analysis 93

    10.2 Oji Paper (Thailand) Ltd. 94

    10.2.1 Company Overview 94

    10.2.2 Financial Overview 94

    10.2.3 Product/Service Offering 95

    10.2.4 Strategy 96

    10.2.5 SWOT Analysis 97

    10.3 Jujo Thermal Ltd. 98

    10.3.1 Financial Overview 98

    10.3.2 Product/Service Offering 99

    10.3.3 Strategy 100

    10.3.4 Key developments 100

    10.3.5 SWOT Analysis 101

    10.4 Mitsubishi Paper Mills Ltd. 102

    10.4.1 Company Overview 102

    10.4.2 Financial Overview 102

    10.4.3 Product/Service Offering 103

    10.4.4 Strategy 106

    10.4.5 SWOT 107

    10.5 Hansol paper Co. Ltd. 108

    10.5.1 Company Overview 108

    10.5.2 Financial Overview 108

    10.5.3 Product/Service Offering 109

    10.5.4 Strategy 110

    10.5.5 SWOT 110

    10.6 Appvion, Inc. 111

    10.6.1 Company Overview 111

    10.6.2 Financial Overview 111

    10.6.3 Product/Service Offering 112

    10.6.4 Strategy 112

    10.6.5 Key Developments 113

    10.7 Koehler Paper Group 114

    10.7.1 Company Overview 114

    10.7.2 Financial Overview 114

    10.7.1 Product Offering 114

    10.7.2 Strategy 115

    10.8 Nakagawa Manufacturing (USA), Inc. 116

    10.8.1 Company Overview 116

    10.8.2 Financial Overview 116

    10.8.3 Product Offering 116

    10.8.4 Strategy 117

    11 List of Tables

    TABLE 1 MARKET SYNOPSIS 12

    TABLE 2 U.S.: USAGE OF BANKING SERVICES, 2015 (%) 30

    TABLE 3 GLOBAL THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 37

    TABLE 4 GLOBAL THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 37

    TABLE 5 GLOBAL THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 40

    TABLE 6 GLOBAL THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 41

    TABLE 7 GLOBAL THERMAL PAPER MARKET, BY REGION, 2020-2027 (USD MILLION) 45

    TABLE 8 GLOBAL THERMAL PAPER MARKET, BY REGION, 2020-2027 (KT) 45

    TABLE 9 NORTH AMERICA: INTERNET PENETRATION (%) 46

    TABLE 10 NORTH AMERICA: SHARE OF E-COMMERCE IN GDP, 2015 (%) 46

    TABLE 11 NORTH AMERICA: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 47

    TABLE 12 NORTH AMERICA: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (KT) 48

    TABLE 13 NORTH AMERICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 48

    TABLE 14 NORTH AMERICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 49

    TABLE 15 NORTH AMERICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 49

    TABLE 16 NORTH AMERICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027(KT) 50

    TABLE 17 U.S.: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 51

    TABLE 18 U.S.: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 51

    TABLE 19 U.S.: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (USD MILLION) 52

    TABLE 20 U.S.: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (KT) 52

    TABLE 21 CANADA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 53

    TABLE 22 CANADA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 53

    TABLE 23 CANADA: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (USD MILLION) 54

    TABLE 24 CANADA: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (KT) 54

    TABLE 25 EUROPE: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 55

    TABLE 26 EUROPE: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (KT) 56

    TABLE 27 EUROPE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 56

    TABLE 28 EUROPE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 57

    TABLE 29 EUROPE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 57

    TABLE 30 EUROPE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 58

    TABLE 31 GERMANY: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 59

    TABLE 32 GERMANY: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 59

    TABLE 33 GERMANY: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 60

    TABLE 34 GERMANY: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 60

    TABLE 35 U.K.: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 61

    TABLE 36 U.K.: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 61

    TABLE 37 FRANCE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 62

    TABLE 38 FRANCE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 62

    TABLE 39 FRANCE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 63

    TABLE 40 FRANCE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 63

    TABLE 41 SPAIN: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 64

    TABLE 42 SPAIN: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 64

    TABLE 43 SPAIN: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (USD MILLION) 65

    TABLE 44 SPAIN: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (KT) 65

    TABLE 45 ITALY: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 66

    TABLE 46 ITALY: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 66

    TABLE 47 ITALY: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (USD MILLION) 66

    TABLE 48 ITALY: THERMAL PAPER MARKET SIZE, BY APPLICATION, 2020-2027 (KT) 67

    TABLE 49 REST OF EUROPE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 68

    TABLE 50 REST OF EUROPE: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 68

    TABLE 51 REST OF EUROPE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 69

    TABLE 52 REST OF EUROPE: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027(KT) 69

    TABLE 53 ASIA PACIFIC: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 70

    TABLE 54 ASIA PACIFIC: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (KT) 70

    TABLE 55 ASIA PACIFIC: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 71

    TABLE 56 ASIA PACIFIC: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 71

    TABLE 57 ASIA PACIFIC: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 72

    TABLE 58 ASIA PACIFIC: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 72

    TABLE 59 CHINA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 73

    TABLE 60 CHINA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 73

    TABLE 61 CHINA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 74

    TABLE 62 CHINA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 74

    TABLE 63 JAPAN: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 75

    TABLE 64 JAPAN: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 75

    TABLE 65 JAPAN: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 76

    TABLE 66 JAPAN: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 76

    TABLE 67 INDIA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 77

    TABLE 68 INDIA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 77

    TABLE 69 INDIA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 78

    TABLE 70 INDIA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 78

    TABLE 71 REST OF ASIA PACIFIC: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 79

    TABLE 72 REST OF ASIA PACIFIC: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 79

    TABLE 73 REST OF ASIA PACIFIC: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 80

    TABLE 74 REST OF ASIA PACIFIC: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 80

    TABLE 75 ROW: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 81

    TABLE 76 ROW: THERMAL PAPER MARKET, BY COUNTRY, 2020-2027 (KT) 81

    TABLE 77 ROW: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 82

    TABLE 78 ROW: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 82

    TABLE 79 ROW: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 83

    TABLE 80 ROW: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 83

    TABLE 81 SOUTH AMERICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 84

    TABLE 82 SOUTH AMERICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 84

    TABLE 83 SOUTH AMERICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 85

    TABLE 84 SOUTH AMERICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027(KT) 85

    TABLE 85 MIDDLE EAST & AFRICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (USD MILLION) 86

    TABLE 86 MIDDLE EAST & AFRICA: THERMAL PAPER MARKET, BY TECHNOLOGY, 2020-2027 (KT) 86

    TABLE 87 MIDDLE EAST & AFRICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (USD MILLION) 87

    TABLE 88 MIDDLE EAST & AFRICA: THERMAL PAPER MARKET, BY APPLICATION, 2020-2027 (KT) 87

    TABLE 89 RAK CERAMICS: KEY DEVELOPMENTS, 2020-2027 100

    12 List of Figures

    FIGURE 1 RESEARCH PROCESS OF MRFR 15

    FIGURE 2 TOP DOWN & BOTTOM-UP APPROACH 17

    FIGURE 3 GLOBAL THERMAL PAPER MARKET: DRIVERS, RESTRAINTS AND TRENDS 19

    FIGURE 4 GLOBAL PROCESSED FOOD & BEVERAGES SALES. BY REGION, 2000 AND 2013, (VOLUME SALES, KILOTONS) 20

    FIGURE 5 PHARMACEUTICAL SPENDING PER CAPITA, 2020 (USD MILLION) 21

    FIGURE 6 GLOBAL: ATMS PER 100,000 ADULTS, 2020-2027 22

    FIGURE 7 GLOBAL THERMAL PAPER MARKET: DRIVERS IMPACT ANALYSIS 23

    FIGURE 8 GLOBAL THERMAL PAPER MARKET: BARRIERS IMPACT ANALYSIS 24

    FIGURE 9 PORTER'S 5 FORCES ANALYSIS OF GLOBAL THERMAL PAPER MARKET 25

    FIGURE 10 VALUE CHAIN ANALYSIS OF GLOBAL THERMAL PAPER MARKET 27

    FIGURE 11 NORTH AMERICA: E-COMMERCE TURNOVER, 2020-2027 (USD BILLION) 29

    FIGURE 12 ESTIMATED ANNUAL U.S. RETAIL TRADE SALES, 2020-2027 (USD MILLION) 29

    FIGURE 13 EU: RETAIL SECTOR SHARE, 2020 (%) 32

    FIGURE 14 GLOBAL THERMAL PAPER MARKET, BY TECHNOLOGY, 2020 (IN %) 36

    FIGURE 15 GLOBAL THERMAL PAPER MARKET, BY APPLICATION, 2020 (IN %) 40

    FIGURE 16 GLOBAL RETAIL SALES SHARE, BY COUNTRY, 2020 (%) 43

    FIGURE 17 THERMAL PAPER MARKET SHARE, BY REGION, 2020 (IN %) 44

    FIGURE 18 NORTH AMERICA THERMAL PAPER MARKET SHARE, BY COUNTRY, 2020 (%) 47

    FIGURE 19 U.S. ESTIMATED E-COMMERCE SALES, 2020-2027 (USD MILLION) 50

    FIGURE 20 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL THERMAL PAPER MARKET, 2020-2027, (%) 88

    FIGURE 21 GLOBAL THERMAL PAPER MARKET: COMPETITIVE BENCHMARKING 89

    FIGURE 22 RICOH COMPANY: TOTAL REVENUE VS SEGMENTAL REVENUE, 2020-2027 (USD MILLION) 91

    FIGURE 23 RICOH COMPANY: GEOGRAPHIC REVENUE MIX, 2020 (%) 92

    FIGURE 24 RICOH COMPANY: KEY DEVELOPMENTS, 2020-2027 (%) 93

    FIGURE 25 OJI PAPER (THAILAND) LTD.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 94

    FIGURE 26 OJI PAPER (THAILAND) LTD.: GEOGRAPHICAL REVENUE MIX, 2020 (%) 95

    FIGURE 27 NIPPON PAPER GROUP: TOTAL REVENUE VS SEGMENTAL REVENUE, 2020-2027 (USD BILLION) 98

    FIGURE 28 MITSUBISHI PAPER MILLS LTD.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 102

    FIGURE 29 MITSUBISHI PAPER MILLS LTD.: GEOGRAPHIC REVENUE MIX, 2020 (%) 103

    FIGURE 30 HANSOL PAPER CO. LTD.: TOTAL REVENUE, 2020-2027 (USD MILLION) 108

    FIGURE 31 APPVION, INC.: TOTAL REVENUE VS SEGMENTAL REVENUE (USD MILLION) 111

    FIGURE 32 APPVION, INC.: KEY DEVELOPMENTS, 2020-2027 (%) 113