Global Direct Thermal Ticket Paper Market: Overview
Increased adoption of direct thermal ticket papers across the transportation sector is expected to fuel the sales opportunities in the global direct thermal ticket paper market throughout the forecast period 2020–2030. Direct thermal ticket paper refers to especially produced paper intended for use with the thermal printing technique.
An upcoming research report by TMRR on the global direct thermal ticket paper market provides a detailed analysis of numerous factors driving or obstructing the market growth throughout the assessment period of 2020 to 2030. Moving forward, the assessment sheds light on challenges, growth opportunities, and historical and present trends in the market for direct thermal ticket paper in the years to come.
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To depict a clear picture of the global direct thermal ticket paper market, analysts at TMRR have segmented this market based on many important parameters such as thickness, application, and region. Based on thickness, the market for direct thermal ticket paper is bifurcated into above 120 GSM, up to 70 GSM, 70 GSM to 90 GSM, and 90 GSM to 120 GSM.
Global Direct Thermal Ticket Paper Market: Growth Dynamics
The global direct thermal ticket paper market is projected to gain lucrative avenues in the years ahead. This growth is attributed to numerous factors. The government bodies of many countries across the globe are growing focus toward intensifying the public transport networks. This factor is expected to fuel the demand opportunities in the global direct thermal ticket paper market. Apart from this, the market for direct thermal ticket paper is foreseen to grow at promising pace on the back of growing forgeries in public transport tickets.
In recent few years, the direct thermal ticket papers are increasingly accepted across various end-use industries such as gaming, transport, and admission/event applications. This scenario is working as a key driver for the growth of the global direct thermal ticket paper market.
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Global Direct Thermal Ticket Paper Market: Notable Development and Competitive Analysis
The nature of direct thermal ticket paper market seems to be highly fragmented. Existence of many active participants has resulted into extremely intense competitive landscape of the market for direct thermal ticket paper. To sustain in this high competition, market vendors are using numerous strategies including new product launches, mergers, acquisitions, partnerships, collaborations, and joint ventures.
The report profiles important enterprises working in the global direct thermal ticket paper market. Thus, it provides key data on the volume, share, revenues, and business strategies of the players in the market for direct thermal ticket paper.
The list of key players in the global direct thermal ticket paper market includes:
- Domtar Corporation
- Nippon Paper Industries Co., Ltd.
- AhlstromMunksjö Oyj
- UPM-Kymmene Oyj
- Ricoh Company, Ltd.
- Oji Holdings Corporation
- Koehler paper
- Hansol Paper Co. Ltd.
Global Direct Thermal Ticket Paper Market: Regional Assessment
In terms of region, the global direct thermal ticket paper market is classified into five key regions, namely, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, Asia Pacific is foreseen to offer promising expansion opportunities for vendors working in the market for direct thermal ticket paper. This growth can be attributed to presence of organized retail sector in the region.
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