Latest news on thermal label paper

The latest news on thermal label paper can be summarized as follows:

First,Market growth and demand

Market size continues to expand: According to the latest market research report, the size of the thermal paper market is expected to continue to expand in the next few years, with a compound annual growth rate of about 1.9%. This is mainly due to the gradual promotion of electronic invoices, the rapid development of downstream application markets such as logistics and medical care, and the continuous innovation and application expansion of thermal paper technology.

Wide range of applications: thermal label paper is widely used in retail, logistics, medical, catering and other industries, for printing commodity labels, price labels, cargo labels, transportation information, medical labels, prescription labels, etc. With the digital transformation and rapid development of these industries, the demand for thermal label paper will continue to grow.

Second, technological innovation and product upgrading

Research and development of new thermal paper: In order to meet the needs of different fields and scenes, new thermal paper continues to emerge, such as environmentally friendly thermal paper, high temperature resistant thermal paper, color thermal paper, anti-counterfeiting thermal paper. These new thermal paper not only improve the performance and quality of the product, but also expand the market application space.

Development of environmentally friendly thermal paper: With the improvement of global environmental awareness, the research and development of environmentally friendly thermal paper has become an important trend. More and more enterprises have begun to develop and produce environmentally friendly thermal paper products to meet the market demand for green and environmentally friendly office methods.

Third, market competition pattern

Fierce market competition: At present, China's thermal paper market is more mature, the market competition is relatively fierce. Many enterprises at home and abroad have entered the thermal paper market, and the competition is mainly concentrated in product quality, price, technological innovation and brand building.

Large enterprises have obvious competitive advantages: large enterprises maintain high competitiveness by virtue of technology, production capacity and capital advantages, and occupy a large share in the market. At the same time, the acceleration of market information circulation makes consumers more accurate in the identification of quality and brand, and increases the pressure of market enterprises to promote and brand building.

Fourth,Specific market data and trends

Global market size: It is forecast that the global thermal paper market size is estimated to be $4.16 billion in 2023, and is expected to grow to $5.56 billion by 2030.

Chinese market development: The development speed of China's thermal paper industry is also gradually accelerating, and the market competition is becoming increasingly fierce. It is expected that by 2025, the scale of China's thermal paper market will reach 10 billion yuan.

Fifth,Policy support and promotion

Environmental policy promotion: The government's emphasis on environmental protection and sustainable development has provided strong support for the research and development of the thermal paper industry. The strict implementation of environmental protection policies will improve the access threshold of the thermal paper industry, eliminate some backward production capacity, and encourage enterprises to increase investment in technology research and development and innovation.

In summary, the thermal label market is maintaining a stable growth trend, and technological innovation and product upgrades continue to promote the development of the industry. At the same time, the market competition is fierce, the competitive advantage of large enterprises is obvious, and the promotion of environmental protection policies has also brought new development opportunities and challenges to the industry.