Global Thermal Paper Market size to Reach USD 6.61 billion by 2029.
Thermal papers are mainly used in the packaging and printing sectors to show billing systems and critical information. The thermal rolls are normally deployed and produced into the thermal printers for the printing techniques. The thermal papers are coated with particular inks which turn into black color when exposed to heat. The use of the thermal papers is getting decreased in transit and logistics as the change in temperature which can significantly hide the data printed on the papers, Due to the convenience and high reliability, thermal paper has wide usage in gas stations, catering, gaming houses, grocery stores, shopping malls, coffee shops, lottery systems, and bakery stores for printing labels, tickets, and receipts.The growing demand for the important applications in the end-user industries is offering beneficial opportunities for the growth of thermal paper market.
Data Bridge Market Research analyses that the thermal paper market was valued at USD 4.25 billion in 2021 and is expected to reach USD 6.61 billion by 2029, registering a CAGR of 5.67% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
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