The thermal paper industry will relinquish an approximated estimate at a frequency of 6.7% for the projection space of 2021 to 2028 with factor such as increasing consumption of thermal paper market in retail industry.
The thermal paper market has shown an exceptional penetration in countries such as the U.S., Canada and Mexico. Growing usage of thermal paper is increasing the penetration in developed countries. In developing countries, increasing demand for thermal barcode printers is creating opportunity for the North America thermal paper market.
Thermal Paper Market Scenario
According to Data Bridge Market Research, the market for thermal paper in the U.S. has the highest market share followed by Canada and Mexico. Market leader is Mitsubishi HiTec Paper Europe GmbH (a subsidiary of MITSUBISHI PAPER MILLS LIMITED) which accounts an estimated market share of approximately 10% to 15%. The company has gained outstanding sale through their wide range of thermal paper market that have wide range of usage among end-users.
- In October 2020, Mitsubishi HiTec Paper Europe GmbH (a subsidiary of MITSUBISHI PAPER MILLS LIMITED) was honored by Chamber of Industry and Commerce of East Westphali with the outstanding training performance in profession of paper machine and technologist. The award helps in increasing the customer base of the company.
Trends Impacting the Thermal Paper Market
Now the question is which other regions Mitsubishi HiTec Paper Europe GmbH (a subsidiary of MITSUBISHI PAPER MILLS LIMITED), NIPPON PAPER INDUSTRIES CO., LTD. and Appvion Operations, Inc. are targeting? Data Bridge Market Research has forecasted a large growth in the U.S. in North America thermal paper market and the market leaders targeting the Canada and Mexico to be their next revenue pockets for 2020.
The thermal paper market is becoming more competitive every year with companies such as Mitsubishi HiTec Paper Europe GmbH (a subsidiary of MITSUBISHI PAPER MILLS LIMITED), NIPPON PAPER INDUSTRIES CO., LTD. and Appvion Operations, Inc. as they are the market leaders for thermal paper market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the thermal paper market.
For more analysis on the thermal paper market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=north-america-thermal-paper-market
Thermal Paper Market Development
- In November 2020, Appvion Operations, Inc. had expanded the product portfolio in order to support the sustainable packaging as well as paper materials and systems. The update helps the company to increase the customer base of the company.
Scope of the Thermal Paper Market
North America thermal paper market is segmented on the basis of countries into the U.S., Canada and Mexico.
- All country based analysis of thermal paper market is further analyzed based on further segmentation. On the basis of application, the thermal paper market is segmented into thermal label, thermal ticket and tags, thermal POS and others. On the basis of end-use, the thermal paper market is segmented into food, industrial, logistic, pharmaceutical, retail, bank, entrance, lottery & gaming, parking, transportation tickets, self-service kiosks, ATM, cash register, coupon, guarantee receipts and others.
To know more about the study https://www.databridgemarketresearch.com/reports/north-america-thermal-paper-market
Key Pointers Covered in Thermal paper market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different Regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
- Market Supply Chain Competiveness
- Market Value Chain Analysis
Key Market Competitors Covered in the Report
- Mitsubishi HiTec Paper Europe GmbH (a subsidiary of MITSUBISHI PAPER MILLS LIMITED)
- NIPPON PAPER INDUSTRIES CO., LTD.
- Appvion Operations, Inc.
- Kanzaki Specialty Papers Inc. (a subsidiary of Oji Holdings Corporation)
- Domtar Corporation
- Ricoh Industrie France SAS (a subsidiary of Ricoh)
- Lecta Group Companies
- Papierfabrik August Koehler SE
- HANKUK PAPER MFG.CO.LTD.
- Thermal Solutions International, Inc.
- Rotolificio Bergamasco Srl
- NAKAGAWA Manufacturing (USA), Inc.
Above are the key players covered in the report, to know about more and exhaustive list of thermal paper companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=north-america-thermal-paper-market
Research Methodology: North America Thermal Paper Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturers and Industrial Professionals
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.
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