Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Thermal Paper Market Research 2017 | Page 4

Global In-flight Advertising Market Research Report: Forecast to 2023
Based on technology, the market has been segmented as direct thermal, thermal
transfer, and others. The direct thermal segment accounted for the largest market share
of 49.37% in 2016, with a market value of USD 1,586.1 Million. In direct thermal
technology, no ribbon is used in printing. It creates the image directly on the printed
material. Direct thermal printing uses chemically treated, heat-sensitive media that turns
black when it passes under the thermal print head. Thermal transfer technology is
projected to grow at the highest CAGR of 4.43%. Thermal transfer printing uses a heated
ribbon to produce durable, long-lasting images on a wide variety of materials. Thermal
transfer printers can create highly durable wristbands, asset tags, and certification labels,
in addition to common labels, tags, and tickets.
On the basis of application, the market has been segmented as, POS, lottery & gaming,
labels & tags, and others. POS accounted for the largest market share of 58.90% in 2016.
POS (Point of Sale) application includes receipts and tags at the retails stores, online
purchases, and ATMs. The paper is generally compatible with most transaction-style
printers and cash registers, and multiple rolls come in a pack. POS paper ensures
customers get a clear, legible, smudge-free receipt each time. The thermal paper for
receipts come in various dimensions to suit the end-use. The segment is expected to
grow at 4.93% CAGR during the forecast period. Lottery & Gaming was the second-
largest market that was valued at USD 421.5 Million in 2016. Labels & tags is also another
major application. Thermal papers are used extensively for barcodes and tags and similar
applications. Such labels and barcodes come handy across the supply chain of FMCG
goods, for theft and security reasons.
The report for Global Thermal Paper Market of Market Research Future comprises of
extensive primary research along with the detailed analysis of qualitative as well as
quantitative aspects by various industry experts, key opinion leaders to gain the deeper
insight of the market and industry performance. The report gives the clear picture of
current market scenario which includes historical and projected market size in terms of
value and volume, technological advancement, macro economical and governing factors
in the market. The report provides details information and strategies of the top key
players in the industry. The report also gives a broad study of the different market
segments and regions.
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