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Report
Latin America Thermal Paper Market Research Report Forecast to 2030
Market Report I 2024-01-10 I 102 Pages I Market Research Future
Latin America Thermal Paper Market Research Report Forecast to 2030
Market Overview
The Latin America thermal paper market expansion is expected to register a healthy CAGR of 5.8% by the end of 2030.
The Latin America thermal paper market is a dynamic and evolving sector within the broader paper industry. This report provides an in-depth analysis of the market, focusing on segmentation by type, application, technology, and end-use industry. The aim is to offer valuable insights into the current landscape, trends, and potential growth opportunities. The Latin America thermal paper market is driven by various factors, including technological advancements, changing consumer preferences, and the increasing demand for efficient and reliable printing solutions. Direct thermal technology is gaining prominence due to its cost-effectiveness and minimal environmental impact. Additionally, the adoption of synthetic-base thermal paper is increasing owing to its durability and resistance to harsh conditions. The retail and packaging sectors are driving substantial demand for thermal paper, especially for point-of-sale receipts and labels.
Market Segmentation
Based on Type, the Latin America thermal paper market has been segmented into conventional thermal paper, top coated thermal paper, and synthetic-base thermal paper. In 2022, the conventional thermal paper segment for the Latin America thermal paper market is expected to drive the market by holding a substantial market share with a market value of USD 101.3 million. It is projected to register the highest 5.6% CAGR among the type segment during the projected period.
Based on application, the Latin America thermal paper market has been segmented into point of sale, lottery & gaming, tags & labels, and others. In 2022, point of sale segments led the market with substantial market shares.
Based on the technology, the Latin America thermal paper market has been segmented into direct thermal and thermal transfer. The direct thermal segment is anticipated to drive the Latin America thermal paper market throughout the forecast period.
Based on end use industry, the Latin America thermal paper market has been segmented into packaging and labelling, printing, retail, and others. In 2022, the retail segment for the Latin America thermal paper market is expected to drive the market by holding a substantial market share with a market value of USD 112.1 million.
Major Players
The key players operating in the Latin America Thermal Paper market include Ricoh Company Ltd., Appvion, Oji Papeis Especiais LTDA, Mitsubishi HiTec Paper, KOEHLER PAPER, Papeles y Conversiones de Mexico, PG Paper Company, Asia Pulp & Paper (APP) Sinar Mas, Suzhou Xiandai Paper Production, Jujo Thermal Ltd., among others.
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1 MARKET ATTRACTIVENESS ANALYSIS 14
1.1.1 LATIN AMERICA THERMAL PAPER MARKET, BY TYPE 14
1.1.2 LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION 15
1.1.3 LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY 16
1.1.4 LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY 17
2 MARKET INTRODUCTION 18
2.1 DEFINITION 18
2.2 SCOPE OF THE STUDY 18
2.3 MARKET STRUCTURE 19
3 RESEARCH METHODOLOGY 20
3.1 RESEARCH PROCESS 20
3.2 PRIMARY RESEARCH 21
3.3 SECONDARY RESEARCH 22
3.4 MARKET SIZE ESTIMATION 23
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 23
3.6 FORECAST MODEL 24
3.7 LIST OF ASSUMPTIONS 25
4 MARKET DYNAMICS 26
4.1 INTRODUCTION 26
4.2 DRIVERS 27
4.2.1 RETAIL AND POINT-OF-SALE (POS) GROWTH 27
4.2.2 HEALTHCARE SECTOR IS DRIVING THE MARKET IN LATIN AMERICA 27
4.2.3 DRIVERS IMPACT ANALYSIS 28
4.3 RESTRAINTS 28
4.3.1 COMPETITION FROM ALTERNATIVE TECHNOLOGIES 28
4.3.2 ECONOMIC UNCERTAINTIES AND FLUCTUATIONS 29
4.3.3 RESTRAINTS IMPACT ANALYSIS 29
4.4 OPPORTUNITIES 30
4.4.1 INCREASING POPULARITY FOR E-COMMERCE 30
4.5 IMPACT ANALYSIS OF COVID-19 30
4.5.1 COVID-19 IMPACT ON THE PAPER INDUSTRY 30
4.5.2 ECONOMIC IMPACT 30
4.5.3 IMPACT ON LATIN AMERICA THERMAL PAPER MARKET 30
4.5.4 IMPACT ON THE SUPPLY CHAIN OF THERMAL PAPER 30
4.5.5 PRICE VARIATION OF KEY RAW MATERIAL 31
4.5.6 CASH FLOW CONSTRAINTS 31
4.5.7 IMPACT ON IMPORT/EXPORT 31
4.5.8 IMPACT DUE TO RESTRICTION/LOCKDOWNS 31
4.5.9 CONSUMER SENTIMENTS 31
5 MARKET FACTOR ANALYSIS 32
5.1 SUPPLY/VALUE CHAIN ANALYSIS 32
5.1.1 RAW MATERIAL 33
5.1.2 MANUFACTURING 33
5.1.3 DISTRIBUTION & SALES 33
5.1.4 END-USER 33
5.2 PORTER'S FIVE FORCES MODEL 34
5.2.1 THREAT OF NEW ENTRANTS 34
5.2.2 BARGAINING POWER OF SUPPLIERS 35
5.2.3 BARGAINING POWER OF BUYERS 35
5.2.4 THREAT OF SUBSTITUTES 35
5.2.5 INTENSITY OF RIVALRY 35
6 LATIN AMERICA THERMAL PAPER MARKET, BY TYPE 36
6.1 OVERVIEW 36
6.2 CONVENTIONAL THERMAL PAPER 37
6.3 TOP COATED THERMAL PAPER 37
6.4 SYNTHETIC-BASE THERMAL PAPER 37
7 LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION 39
7.1 OVERVIEW 39
7.2 POINT OF SALE 40
7.3 LOTTERY & GAMING 40
7.4 LABELS & TAGS 41
7.5 OTHERS 41
8 LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY 43
8.1 OVERVIEW 43
8.2 DIRECT THERMAL 44
8.3 THERMAL TRANSFER 44
9 LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY 46
9.1 OVERVIEW 46
9.2 PACKAGING & LABELLING 47
9.3 PRINTING 47
9.4 RETAIL 47
9.5 OTHERS 48
10 LATIN AMERICA THERMAL PAPER MARKET, BY COUNTRY 49
10.1 OVERVIEW 49
10.1.1 LATIN AMERICA THERMAL PAPER MARKET, BY COUNTRY, 2018-2030 50
10.1.2 MEXICO 51
10.1.3 BRAZIL 52
10.1.4 ARGENTINA 54
10.1.5 CHILE 56
10.1.6 PERU 57
10.1.7 REST OF LATIN AMERICA 59
11 COMPETITIVE LANDSCAPE 62
11.1 INTRODUCTION 62
11.2 COMPETITIVE BENCHMARKING 63
11.3 MARKET SHARE ANALYSIS 64
11.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 64
11.4.1 PRODUCT LAUNCH 64
11.4.2 PARTNERSHIP 65
11.4.3 EXPANSION 66
11.4.4 ANNOUNCEMENT 66
11.4.5 EVENT 67
11.4.6 INNOVATION 67
12 COMPANY PROFILES 68
12.1 RICOH COMPANY LTD. 68
12.1.1 COMPANY OVERVIEW 68
12.1.2 FINANCIAL OVERVIEW 69
12.1.3 PRODUCTS OFFERED 70
12.1.4 KEY DEVELOPMENTS 70
12.1.5 SWOT ANALYSIS 71
12.1.6 KEY STRATEGIES 72
12.2 OJI PAPEIS ESPECIAIS LTDA 73
12.2.1 COMPANY OVERVIEW 73
12.2.2 FINANCIAL OVERVIEW 73
12.2.3 PRODUCTS OFFERED 73
12.2.4 KEY DEVELOPMENTS 74
12.2.5 SWOT ANALYSIS 75
12.2.6 KEY STRATEGIES 75
12.3 APPVION 76
12.3.1 COMPANY OVERVIEW 76
12.3.2 FINANCIAL OVERVIEW 76
12.3.3 PRODUCTS OFFERED 76
12.3.4 KEY DEVELOPMENTS 77
12.3.5 SWOT ANALYSIS 78
12.3.6 KEY STRATEGIES 78
12.4 MITSUBISHI HITEC PAPER 79
12.4.1 COMPANY OVERVIEW 79
12.4.2 FINANCIAL OVERVIEW 79
12.4.3 PRODUCTS OFFERED 79
12.4.4 KEY DEVELOPMENTS 80
12.4.5 SWOT ANALYSIS 80
12.4.6 KEY STRATEGIES 81
12.5 ASIA PULP & PAPER (APP) SINAR MAS 82
12.5.1 COMPANY OVERVIEW 82
12.5.2 FINANCIAL OVERVIEW 82
12.5.3 PRODUCTS OFFERED 84
12.5.4 KEY DEVELOPMENTS 84
12.5.5 SWOT ANALYSIS 85
12.5.6 KEY STRATEGIES 85
12.6 SUZHOU XIANDAI PAPER PRODUCTION 86
12.6.1 COMPANY OVERVIEW 86
12.6.2 FINANCIAL OVERVIEW 86
12.6.3 PRODUCTS OFFERED 86
12.6.4 KEY DEVELOPMENTS 87
12.6.5 SWOT ANALYSIS 88
12.6.6 KEY STRATEGIES 88
12.7 JUJO THERMAL LTD. 89
12.7.1 COMPANY OVERVIEW 89
12.7.2 FINANCIAL OVERVIEW 89
12.7.3 PRODUCTS OFFERED 89
12.7.4 KEY DEVELOPMENTS 90
12.7.5 SWOT ANALYSIS 91
12.7.6 KEY STRATEGIES 91
12.8 KOEHLER PAPER 92
12.8.1 COMPANY OVERVIEW 92
12.8.2 FINANCIAL OVERVIEW 93
12.8.3 PRODUCTS OFFERED 93
12.8.4 KEY DEVELOPMENTS 94
12.8.5 SWOT ANALYSIS 95
12.8.6 KEY STRATEGIES 95
12.9 PAPELES Y CONVERSIONES DE MEXICO 96
12.9.1 COMPANY OVERVIEW 96
12.9.2 FINANCIAL OVERVIEW 96
12.9.3 PRODUCTS OFFERED 97
12.9.4 KEY DEVELOPMENTS 97
12.9.5 SWOT ANALYSIS 98
12.9.6 KEY STRATEGIES 98
12.10 PG PAPER COMPANY 100
12.10.1 COMPANY OVERVIEW 100
12.10.2 FINANCIAL OVERVIEW 100
12.10.3 PRODUCTS OFFERED 100
12.10.4 KEY DEVELOPMENTS 100
12.10.5 SWOT ANALYSIS 101
12.10.6 KEY STRATEGIES 101
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LIST OF TABLES
TABLE 1 LIST OF ASSUMPTIONS 25
TABLE 2 LATIN AMERICA THERMAL PAPER MARKET, BY TYPE 2018-2030 (USD MILLION) 38
TABLE 3 LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 42
TABLE 4 LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 45
TABLE 5 LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 48
TABLE 6 LATIN AMERICA THERMAL PAPER MARKET, BY COUNTRY, 2018-2030 (USD MILLION) 50
TABLE 7 MEXICO THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 51
TABLE 8 MEXICO THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 51
TABLE 9 MEXICO THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 52
TABLE 10 MEXICO THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 52
TABLE 11 BRAZIL THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 53
TABLE 12 BRAZIL THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 53
TABLE 13 BRAZIL THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 53
TABLE 14 BRAZIL THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 54
TABLE 15 ARGENTINA THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 54
TABLE 16 ARGENTINA THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 55
TABLE 17 ARGENTINA THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 55
TABLE 18 ARGENTINA THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 55
TABLE 19 CHILE THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 56
TABLE 20 CHILE THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 56
TABLE 21 CHILE THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 57
TABLE 22 CHILE THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 57
TABLE 23 PERU THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 58
TABLE 24 PERU THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 58
TABLE 25 PERU THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 58
TABLE 26 PERU THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 59
TABLE 27 REST OF LATIN AMERICA THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 59
TABLE 28 REST OF LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION 2018-2030 (USD MILLION) 61
TABLE 29 REST OF LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY 2018-2030 (USD MILLION) 61
TABLE 30 REST OF LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY 2018-2030 (USD MILLION) 61
TABLE 31 PRODUCT LAUNCH 64
TABLE 32 PARTNERSHIP 65
TABLE 33 EXPANSION 66
TABLE 34 ANNOUNCEMENT 66
TABLE 35 EVENT 67
TABLE 36 INNOVATION 67
TABLE 37 RICOH COMPANY LTD.: PRODUCTS OFFERED 70
TABLE 38 RICOH COMPANY LTD.: KEY DEVELOPMENTS 70
TABLE 39 OJI PAPEIS ESPECIAIS LTDA: PRODUCTS OFFERED 73
TABLE 40 OJI PAPEIS ESPECIAIS LTDA: KEY DEVELOPMENTS 74
TABLE 41 APPVION: PRODUCTS OFFERED 76
TABLE 42 APPVION: KEY DEVELOPMENTS 77
TABLE 43 MITSUBISHI HITEC PAPER: PRODUCTS OFFERED 79
TABLE 44 MITSUBISHI HITEC PAPER: KEY DEVELOPMENTS 80
TABLE 45 ASIA PULP & PAPER (APP) SINAR MAS: PRODUCTS OFFERED 84
TABLE 46 ASIA PULP & PAPER (APP) SINAR MAS: KEY DEVELOPMENTS 84
TABLE 47 SUZHOU XIANDAI PAPER PRODUCTION CO., LTD: PRODUCTS OFFERED 86
TABLE 48 SUZHOU XIANDAI PAPER PRODUCTION CO., LTD: KEY DEVELOPMENTS 87
TABLE 49 JUJO THERMAL LTD: PRODUCTS OFFERED 89
TABLE 50 JUJO THERMAL LTD: KEY DEVELOPMENTS 90
TABLE 51 KOEHLER PAPER: PRODUCTS OFFERED 93
TABLE 52 KOEHLER PAPER: KEY DEVELOPMENTS 94
TABLE 53 PAPELES Y CONVERSIONES DE MEXICO.: PRODUCTS OFFERED 97
TABLE 54 PG PAPER COMPANY: PRODUCTS OFFERED 100
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LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 13
FIGURE 2 LATIN AMERICA THERMAL PAPER MARKET ANALYSIS, BY TYPE 14
FIGURE 3 LATIN AMERICA THERMAL PAPER MARKET ANALYSIS, BY APPLICATION 15
FIGURE 4 LATIN AMERICA THERMAL PAPER MARKET ANALYSIS, BY TECHNOLOGY 16
FIGURE 5 LATIN AMERICA THERMAL PAPER MARKET ANALYSIS, BY END USE INDUSTRY 17
FIGURE 6 LATIN AMERICA THERMAL PAPER MARKET: MARKET STRUCTURE 19
FIGURE 7 RESEARCH PROCESS OF MRFR 20
FIGURE 8 DRO ANALYSIS OF LATIN AMERICA THERMAL PRINTERS MARKET 26
FIGURE 9 DRIVERS IMPACT ANALYSIS: THERMAL PAPERS MARKET 28
FIGURE 10 RESTRAINTS IMPACT ANALYSIS: THERMAL PAPER MARKET 29
FIGURE 11 SUPPLY / VALUE CHAIN: LATIN AMERICA THERMAL PAPERS MARKET 32
FIGURE 12 PORTER'S FIVE FORCES ANALYSIS OF THE LATIN AMERICA THERMAL PAPER MARKET 34
FIGURE 13 LATIN AMERICA THERMAL PAPER MARKET, BY TYPE, 2022 (% SHARE) 36
FIGURE 14 LATIN AMERICA THERMAL PAPER MARKET, BY TYPE, 2018-2030 (USD MILLION) 36
FIGURE 15 LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION, 2022 (% SHARE) 39
FIGURE 16 LATIN AMERICA THERMAL PAPER MARKET, BY APPLICATION, 2018-2030 (USD MILLION) 39
FIGURE 17 LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY, 2022 (% SHARE) 43
FIGURE 18 LATIN AMERICA THERMAL PAPER MARKET, BY TECHNOLOGY, 2018-2030 (USD MILLION) 43
FIGURE 19 LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY, 2022 (% SHARE) 46
FIGURE 20 LATIN AMERICA THERMAL PAPER MARKET, BY END USE INDUSTRY, 2018-2030 (USD MILLION) 46
FIGURE 21 LATIN AMERICA THERMAL PAPER MARKET, BY COUNTRY, 2022 (% SHARE) 49
FIGURE 22 LATIN AMERICA THERMAL PAPER MARKET, BY COUNTRY, 2018-2027 50
FIGURE 23 LATIN AMERICA THERMAL PAPER MARKET SHARE ANALYSIS, 2022 % 64
FIGURE 24 RICOH COMPANY LTD.: FINANCIAL OVERVIEW SNAPSHOT 69
FIGURE 25 RICOH COMPANY LTD.: SWOT ANALYSIS 71
FIGURE 26 OJI PAPEIS ESPECIAIS LTDA: SWOT ANALYSIS 75
FIGURE 27 APPVION: SWOT ANALYSIS 78
FIGURE 28 MITSUBISHI HITEC PAPER: SWOT ANALYSIS 80
FIGURE 29 ASIA PULP & PAPER (APP) SINAR MAS: FINANCIAL OVERVIEW SNAPSHOT 82
FIGURE 30 ASIA PULP & PAPER (APP) SINAR MAS: SWOT ANALYSIS 85
FIGURE 31 SUZHOU XIANDAI PAPER PRODUCTION CO., LTD: SWOT ANALYSIS 88
FIGURE 32 JUJO THERMAL LTD: SWOT ANALYSIS 91
FIGURE 33 KOEHLER PAPER: FINANCIAL OVERVIEW SNAPSHOT 93
FIGURE 34 KOEHLER PAPER: SWOT ANALYSIS 95
FIGURE 35 PAPELES Y CONVERSIONES DE MEXICO: SWOT ANALYSIS 98
FIGURE 36 PG PAPER COMPANY: SWOT ANALYSIS 101
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