- In September 2024, Lecta announced the launch of its new Termax range of high-substance thermal papers, specifically engineered for ticketing applications. This strategic product expansion is expected to strengthen Lecta’s position in the thermal paper market by addressing rising demand for high-quality, durable solutions across diverse use cases such as event ticketing, transportation passes, boarding cards, parking tickets, supply chain tracking, and shelf labeling. By catering to evolving performance requirements in sectors such as logistics, retail, and access control, the Termax range enhances market competitiveness and supports the broader shift toward reliable, high-performance thermal printing media
- In November 2022, Koehler Paper, a German thermal paper manufacturer, raised prices by 8% effective from February 1, 2023, citing escalating development costs of chemicals, pulps, logistics, and personnel. This price hike reflects the impact of rising operational expenses on the thermal paper market, potentially influencing industry dynamics and customer purchasing behavior
- In March 2022, Oji Imaging Media Co. Ltd. disclosed plans to enhance thermal paper production at KANZAN Spezialpapiere GmbH, Germany. The expansion aims to boost output capacity, reinforcing their market presence and competitiveness in meeting growing demands within the thermal paper market
- In December 2021, Wynnchurch Capital, L.P. finalized an acquisition of a majority of assets belonging to Appvion Holding Corp. and its subsidiaries. This agreement is poised to inject new resources into the thermal paper market, fostering opportunities for expansion and innovation within the industry, potentially shaping its competitive landscape
- In October 2020, Mitsubishi HiTec Paper Europe GmbH received recognition from the Chamber of Industry and Commerce for exceptional training in paper machine technology. This accolade enhances the company's reputation, fostering customer trust and loyalty, ultimately contributing to increased revenue in the competitive thermal paper market
