North America Thermal Paper Market size is expected to be USD 862,108.42 thousand by 2028, rising at a market growth of 6.7% CAGR during the forecast period

 The thermal paper market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 6.7% in the forecast period of 2021 to 2028 and is expected to reach USD 862,108.42 thousand by 2028. The increasing packaging and printing industries can be the driver for the thermal paper market.

Thermal paper refers to the type of special fine paper which is coated with the material that is widely used in the thermal printers. The thermal paper can also change its colour when it is exposed to the heat. The thermal paper has wide range of applications in thermal label, thermal ticket and tags, thermal POS and at various other areas. Thermal papers are available in various types such as top coated and top non-coated.

The growing demand of food and beverage products will drive the thermal paper market and thus, the growing demand of food and beverage leads to maximize the usage of the thermal paper. The sensitive to heat properties are a big issue for local and domestic manufacturers and thus they may look for alternate sources of the thermal paper, so, the sensitive to heat properties can be the restraint for the thermal paper market. The increasing demand for thermal barcode printers in supply chain industry may increase the demand of the thermal paper in order to improve the level of efficiency, thus, it is an opportunity for the thermal paper manufacturers to gain momentum in the thermal paper market. The difficulties in recycling of thermal papers are a big issue for domestic manufacturers, so, the difficulty in recycling of thermal papers can be the challenge for the thermal paper market.

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