Direct Thermal Ticket Paper Market- Global Industry Analysis and Forecast (2023-2029)

Direct Thermal Ticket Paper Market size is expected to reach 5.42 US$ Mn in year 2029, at a CAGR of 7.20% during the forecast period.

Thermal paper is generally used in point of sale (POS) terminals, since it have ability to high temperature stability, moisture resistance, and barcode scan. Other features of thermal paper such as durability in comparison to the traditional conventional printed paper and expansion of point of sale POS terminals is expected to drive the during forecast period. Also, increasing networks of public transport, handheld devices used within gamming, medicals, financial, rising usage of thermal ticket paper in the barcode tickets, custom tickets, and transport tickets sectors are expected to drive the global direct thermal ticket paper market. On the other hand, high costs associated with the manufacturing and processing of thermal paper before they can be commercialized feature is restraints in the market.