What is Global Bisphenol A(BPA)-Free Thermal Paper Market?
The Global Bisphenol A (BPA)-Free Thermal Paper Market is an intriguing area of study, which has been gaining significant attention in recent years. This market revolves around the production and distribution of thermal paper that is free from Bisphenol A, a potentially harmful chemical often used in the production of plastics and resins. This type of thermal paper is used in a variety of applications, including receipts, labels, and tickets, among others. The demand for BPA-free thermal paper has been on the rise due to increasing health and environmental concerns associated with BPA exposure. This has led to a surge in the global market for BPA-free thermal paper, which is expected to continue in the foreseeable future.
Top Coating, No Top Coating in the Global Bisphenol A(BPA)-Free Thermal Paper Market:
The Global Bisphenol A(BPA)-Free Thermal Paper Market can be segmented into two categories based on the coating: Top Coating and No Top Coating. Top Coating thermal paper has a protective layer that shields the paper from oils, water, fats, and other substances that could potentially damage the print. On the other hand, No Top Coating thermal paper does not have this protective layer, making it more susceptible to damage. However, it is often cheaper and more widely used in applications where longevity is not a primary concern. The choice between Top Coating and No Top Coating thermal paper depends on the specific requirements of the application.
POS Applications, Plotting and Recording, Self-Adhesive Labels, Tickets, Other in the Global Bisphenol A(BPA)-Free Thermal Paper Market:
The Global Bisphenol A(BPA)-Free Thermal Paper Market finds its usage in several areas including POS Applications, Plotting and Recording, Self-Adhesive Labels, Tickets, and Others. In POS applications, BPA-free thermal paper is used for printing receipts, which are safer for both the environment and the end-users. In plotting and recording, this type of paper is used for producing long-lasting and reliable records. Self-adhesive labels made from BPA-free thermal paper are used in various industries, including retail, logistics, and healthcare, due to their durability and safety. Tickets printed on BPA-free thermal paper are commonly used in transportation and event management. Other applications include lottery tickets, parking tickets, and more.
Global Bisphenol A(BPA)-Free Thermal Paper Market Outlook:
The Global Bisphenol A(BPA)-Free Thermal Paper Market has shown promising growth in recent years. In 2022, the market was valued at US$ 1710 million. This figure is expected to rise to US$ 2384.3 million by 2029, indicating a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period from 2023 to 2029. This growth can be attributed to the increasing awareness about the harmful effects of BPA and the subsequent rise in demand for BPA-free products. The market's growth is also driven by the versatility of BPA-free thermal paper, which finds applications in various industries.
| Report Metric | Details |
| Report Name | Bisphenol A(BPA)-Free Thermal Paper Market |
| Accounted market size in 2023 | US$ 1866 million |
| Forecasted market size in 2029 | US$ 2384.3 million |
| CAGR | 4.2 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Segment by Region |
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| By Company | Oji Paper, Koehler, Hansol Paper, Mitsubishi Paper, Appvion, Ricoh, LECTA, Jujo Thermal Paper, Guanhao High Tech, Jianghe Paper, Cannwell Thermal Paper |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
