QYR Market Research Global Thermal Paper industry analysis | Page 5

QYResearch
At present, in the foreign industrial developed countries the Thermal
Paper industry is generally at a more advanced level, the world's large
enterprises are mainly concentrated in the Japan, USA, Europe, etc.
Meanwhile, foreign companies have more mature equipment, strong R & D
capability, the technical level is in a leading position. But foreign
companies’ manufacturing cost is relatively high, compared with china’s
companies, the manufacturing cost is competitive disadvantage, as the
Chinese Thermal Paper production enterprise technology continues to
improve, their share in the international market is increasing,
competitiveness in the international market gradually increase .
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