Global Thermal Paper Supply, Demand and Key Producers, 2026-2032

The global Thermal Paper market size is expected to reach $ 4733 million by 2032, rising at a market growth of 3.7% CAGR during the forecast period (2026-2032).

Thermal paper is a special paper type that is manufactured with specialty coating that aids in inkless printing. On application of heat to the coating, a clear image is formed on the paper with no requirement for ribbons or inks. The coating usually turns black on heating, which, in turn, transfers the image to the paper. Thermal paper is the key component of thermal paper printing, which is considered one of the most economical printing technologies owing to its low energy consumption and low maintenance cost.The paper may be used as fax paper on fax machines, as thermal recording paper on cardiographic or industrial recording devices, or converted to ATM rolls or POS rolls for ATM or Place of Sale applications. Thermal paper with additional top-coat or semi top-coat may be used for logistic and supermarket labels, lottery tickets, train tickets, and many other applications.

The thermal paper market presents numerous growth opportunities driven by e-commerce and retail expansion, alongside emerging trends in technology and sustainability. However, challenges such as raw material costs and competition from alternative technologies need to be navigated carefully. Companies must remain vigilant about risks related to economic fluctuations and supply chain vulnerabilities to maintain a competitive edge in this evolving market.

The global key companies of Thermal Paper include Oji, Koehler, Hansol, Xianhe Co., Ltd., Appvion, Mitsubishi HiTec Paper, Ricoh, Guanhao High-tech, and Jianghe Paper, etc. In 2023, the global five largest players hold a share approximately 57% in terms of revenue.

This report studies the global Thermal Paper production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Thermal Paper and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Thermal Paper that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Thermal Paper total production and demand, 2021-2032, (K MT)

Global Thermal Paper total production value, 2021-2032, (USD Million)

Global Thermal Paper production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K MT), (based on production site)

Global Thermal Paper consumption by region & country, CAGR, 2021-2032 & (K MT)

U.S. VS China: Thermal Paper domestic production, consumption, key domestic manufacturers and share

Global Thermal Paper production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K MT)

Global Thermal Paper production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

Global Thermal Paper production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K MT)

This report profiles key players in the global Thermal Paper market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Oji, Koehler, Hansol, Xianhe Co., Ltd., Appvion, Mitsubishi HiTec Paper, Ricoh, Guanhao High-tech, JianghePaper, Chenming Paper, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Thermal Paper market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Thermal Paper Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Thermal Paper Market, Segmentation by Type:
Normal Thermal Paper
Top-coated Thermal Paper

Global Thermal Paper Market, Segmentation by Application:
POS Applications
Labels
Tickets and Receipts
Medical Applications
Others

Companies Profiled:
Oji
Koehler
Hansol
Xianhe Co., Ltd.
Appvion
Mitsubishi HiTec Paper
Ricoh
Guanhao High-tech
JianghePaper
Chenming Paper
Guangdong Weiminte Technology
Gold East Paper
Shandong Sun Paper

Key Questions Answered:

1. How big is the global Thermal Paper market?

2. What is the demand of the global Thermal Paper market?

3. What is the year over year growth of the global Thermal Paper market?

4. What is the production and production value of the global Thermal Paper market?

5. Who are the key producers in the global Thermal Paper market?

6. What are the growth factors driving the market demand? Show more