July 18, 2022
According to the business intelligence report titled ‘Global Direct Thermal Ticket Paper Market Size Study, By Thickness (Up To 70 Gsm, 70-90 Gsm, 90-120 Gsm And Above 120 Gsm) By Application (Transport Tickets, Admission/Event Tickets, Self-Adhesive Tags And Labels, Lottery Tickets, Bill Tickets, Tote And Gaming Tickets, Valet Parking, Barcode Tickets, Baggage Counter Tickets, Custom Tickets, And Others) and Regional Forecasts 2022-2028’, available with MarketStudyReport, global direct thermal ticket paper market is poised to showcase sustainable growth during 2022-2028.
Increasing number of ticket forgeries, and burgeoning sports & outdoor activities are the major factors driving global direct thermal ticket paper market growth.
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For the unversed, a direct thermal ticket paper is specifically manufactured using the thermal printing method. In this method, the paper is heated to allow the printing of thermal images that give the paper the look of a ticket.
Furthermore, rapid urbanization in emerging economies, coupled with rising disposable income levels of individuals will improve revenue flow for the market in the ensuing years.
Despite the positive outlook, unstable raw material prices, penetration of digitalization, and the impact of COVID-19-induced restrictions on outdoor activities are likely to hamper the progress of the industry during the analysis timeframe.
Measuring by thickness, worldwide direct thermal ticket paper industry space is bifurcated into 0-70 gsm, 70-90 gsm, 90-120 gsm, and Above 120 gsm. Speaking of the application spectrum, the market is categorized into custom tickets, baggage counter tickets, barcode tickets, valet tickets, tote & gaming tickets, bill tickets, lottery tickets, self-adhesive tags & labels, admission/event tickets, transport tickets, and others.
From a geographical standpoint, North America market is poised to contribute a significantly to the overall value during the assessment period, owing to the presence of robust entertainment arena as well as industry giants in the region.
Meanwhile, Asia Pacific industry is likely to showcase steady growth through 2028, attributable to the soaring event organization vertical and expanding entertainment sector in the region.
The competitive dynamics of worldwide direct thermal ticket paper market is defined by moguls such as Telemark Diversified Graphics, Papierfabrik August Koehler SE, Mitsubishi HiTec Paper Europe GmbH, Ricoh Company Ltd., Tele-Paper (M) Sdn Bhd, Gold Huasheng Paper Co. Ltd.,
Appvion Inc., OJI Paper Thailand Ltd., and Nippon Paper Industries Co. Ltd.
These companies are assessed in terms of product offerings, financial standing, and strategic alliances to facilitate a proper overview of the marketplace for novices as well as veterans in the field.
For instance, in August 2021, Papierfabrik August Koehler SE inked a partnership deal with Europa Park, dubbed as Germany’s largest amusement park in recent years, to handle ticketing. The park will use the former’s Blue4est thermal paper for ticket printing.