Market Share of Thermal Paper Industry
The Thermal Paper Market is moderately competitive and consists of several major players. These significant firms presently lead the industry in terms of market share. Furthermore, the presence of several well-known manufacturers is expected to boost the worldwide expansion of the thermal paper market. Thermal paper market players are using tactics such as new capacity expansions, partnerships and acquisitions, and product launches to expand their present offerings, target a larger client base, and accelerate their market position.
In June 2023, Appvion Operations, Inc expanded its Next Generation Technology product offering by launching CleanSlate, a direct thermal film that enhances traditional direct thermal performance by offering a higher level of environmental durability. Appvion's CleanSlate film can be used in standard direct thermal printers for pressure-sensitive labels. With its unique color, CleanSlate is easily distinguishable and recognizable as a direct thermal film free of phenolic developers.
In December 2022, Koehler Group entered into a partnership for funding innovations from the paper and renewable energy segments with the non-profit UnternehmerTUM GmbH in Munich, which is responsible for 50 high-growth tech start-ups each year.
Thermal Paper Market Leaders
Ricoh Company, Ltd.
Oji Holdings Corporation
Appvion Operations, Inc.
Koehler Group
Mitsubishi Paper Mills (MPM) Limited
*Disclaimer: Major Players sorted in no particular order
