The worldwide market for Direct Thermal Ticket Paper is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
Direct thermal ticket paper is liable to color changes when exposed to heat and light, owing to the presence of a coating pigment. Also, direct thermal ticket paper is highly durable and has high sensitivity to external adulteration. Along with point-of-sale receipts, self-adhesive tags & labels have emerged as key applications of direct thermal ticket paper. Other applications of direct thermal ticket paper are transport tickets (boarding passes, ATB/baggage tags, etc.), admission/event tickets, lottery & gaming tickets, and many more. Nowadays, BPA-free or phenol-free direct thermal ticket paper has been witnessing significant usage in ticketing applications.
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Market Segment by Type,
Up to 70 GSM
70 GSM to 90 GSM
70 GSM to 120 GSM
Above 120 GSM
Market Segment by Applications,
Self-adhesive Tags & Labels
Lottery & Gaming Tickets
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Asia Pacific is estimated to represent prominent growth in the direct thermal ticket paper market, owing to its organized retail sector. Also, the growing public transport network in the region is surging the growth of the direct thermal ticket paper market. In the developed regions of North America and Europe, the growing entertainment industry plays a significant factor in driving the sales of direct thermal ticket paper. This scenario has led to tremendous growth in the demand for entrance tickets, betting slips, lottery tickets, cash coupons, etc., owing to high durability and reliability, which make it ideal for ticketing purposes. The Middle East and Latin America markets are expected to represent moderate growth in the direct thermal ticket paper market in the near future.
Key players operating in the global direct thermal ticket paper market include Nippon Paper Industries Co., Ltd., Domtar Corporation, UPM-Kymmene Oyj, AhlstromMunksjö Oyj, Oji Holdings Corporation, Ricoh Company, Ltd., Hansol Paper Co. Ltd., Koehler paper, Henan Province JiangHe Paper Co., Ltd., Sihl GmbH, Appvion Operations, Inc., Jujo Thermal Ltd., TELE-PAPER (M) SDN. BHD., Rotolificio Bergamasco Srl, and Nath Paper & Pulp Mills Ltd.
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