The development trend of thermal label paper industry

The development trend of thermal label paper industry mainly includes the following aspects:

1. Market demand continues to grow:

With the development of various industries, the demand for thermal label paper is also increasing. For example, in the retail and logistics industries, it is used to print commodity labels, price labels, cargo labels and transportation information; For printing medical labels, prescription labels, medical records labels, etc. The food and beverage industry is used to print product identification, traceability codes and raw materials Date of delivery and other information. In addition, it is also widely used in offices and homes, such as printing receipts, labels, notes and so on.

2. Environmental protection:

The improvement of global environmental awareness has prompted the thermal paper industry to develop in the direction of environmental protection, and more and more enterprises have begun to develop and produce environmentally friendly thermal label paper products to meet the market's demand for green and environmentally friendly office methods.

3. High-end and refined:

The advancement of industry technology will promote the high-end and refined development of thermal label paper to meet the higher requirements of label quality and function in different fields and scenarios.

4. Intelligent: Through the combination of technologies such as the Internet of Things and artificial intelligence, thermal label paper may have more intelligent functions, such as automatic identification and automatic adjustment.

5. Diversified applications: Its application fields will no longer be limited to certain specific industries, but will gradually expand to more industries and fields such as medical care, electronics, transportation, and finance.

From the perspective of market size, data from China Report Hall network shows 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. The development speed of China's thermal paper industry is also gradually accelerating, and the market competition is becoming increasingly fierce. At present, the major producers of the global thermal Paper market include Oji, Koehler, Appvion, Hansol, Mitsubishi HiTec Paper, etc., of which the top three companies account for about 50% of the global market share. North America, China and Europe are the major markets, which together account for about 75% of the global market.

In addition, large enterprises maintain high competitiveness by virtue of technology, production capacity and capital advantages, and the acceleration of market information circulation makes consumers more accurate in the identification of quality and brand, thus increasing the promotion and brand building pressure of market enterprises. Of course, the specific development trend may be affected by a variety of factors, such as technological innovation, market competition, policies and regulations, and changes in consumer demand. Companies need to pay close attention to these factors to adapt to changes in the market and seize growth opportunities.