2024 Thermal paper industry development status and market competition pattern analysis

As consumers pay more attention to environmental protection and health issues, the quality and safety requirements for thermal paper are also increasing. Especially for thermal paper containing harmful substances such as bisphenol A, consumers are increasingly rejecting, which prompts the thermal paper industry to face the pressure and challenges of transformation and upgrading, and promotes the industry to develop in a more environmentally friendly and safer direction.

Thermal paper is specially used for printing paper on thermal printers and thermal fax machines, and its quality directly affects the print quality and storage time, and even affects the service life of printers and fax machines. The thermal paper on the market is not good or bad, the country has not issued a national standard, many users do not know how to identify the quality of thermal paper, which provides convenience for many businesses to produce and sell inferior thermal paper, causing losses for users, light storage time becomes shorter, handwriting is blurred, heavy damage to the printer.

According to the "2023-2028 China Thermal paper Industry Competition Pattern Analysis and Development Prospects Research Report" released by the Research Institute of Puhua Industry:

Worldwide thermal paper manufacturers include Oji, Koehler, Hansol, Mitsubishi HiTec

Paper, Appvion, Ricoh, Xianhe, Guanhao, Jianghe, ChenMing, etc. In 2021, the top five global vendors will hold approximately 61.0% market share. Technological progress and process upgrading have also promoted the development of the thermal paper industry. With the continuous improvement of thermal paper processing technology, product quality and performance have been significantly improved, further meeting the market demand. At the same time, the competition in the industry is becoming increasingly fierce, and enterprises have enhanced their competitiveness by improving product quality, establishing brand reputation and expanding sales channels.

The thermal paper industry is also facing some challenges in its development. On the one hand, raw material price fluctuations, rising energy costs and other factors may put pressure on industry costs; On the other hand, with the development of electronic technology, some emerging technologies may have a certain impact on the application field of thermal paper.