The global thermal papers market is anticipated grow at a CAGR of 2.7% over the forecast period 2018-2027. In this thermal papers market study, the following years are considered to predict the market footprint:
- History Year: 2013 – 2017
- Estimated Year: 2027
- Forecast Year: 2018 – 2027
The business intelligence study of the thermal papers market covers the estimation size of the market both in terms of value and volume. In a bid to recognize the growth prospects in the thermal papers market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market.
Application in Point of Sale (POS) Receipts Accounts for Hefty Demand
Application in point of sale (POS) receipts continues to account for a significant share in the thermal papers market. Fact.MR shows that use of thermal papers in the point of sale receipt application accounted for nearly 71% of the global demand in 2018. Point-of-sale commerce is the prime platform of bill exchange in multiple industries where cash and sometimes card-based transactions are involved.
According to Fact.MR, demand for thermal papers remains consolidated in North America. The estimates find that North America accounted for nearly one third of the global thermal papers consumption in 2018. Europe and APEJ followed suit in and generated comparable demand for thermal papers in 2018. Buoyancy in the end-use industries and a strong distribution network of prominent thermal paper provides in these regions are factors driving the sales of thermal papers.
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Important regions covered in the thermal papers market report include:
- North America (Canada, US)
- Latin America (Argentina, Mexico)
- Europe (NORDIC, UK)
- APEJ (China, India)
The thermal papers market report also provides data regarding the key countries in the defined regions.
What insights does the thermal papers market report provide to the readers?
- Thermal papers market fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each thermal papers market player.
- Various regulations imposed by the governments on the consumption of thermal papers in detail.
- Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global thermal papers market.
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Questionnaire answered in the thermal papers market report include:
- How the market for thermal papers has grown over the historic period of 2013-2017?
- What is the present and future outlook of the global thermal papers market on the basis of region?
- What are the challenges and opportunities for the thermal papers market?
- Why the consumption of thermal papers highest in region?
- In which year segment is expected to overtake segment?
And many more …