The new report by Expert Market Research titled, ‘Global Direct Thermal Ticket Paper Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global direct thermal ticket paper market, assessing the market based on its thickness, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
• Historical Market Size (2020): USD 390 Billion
• Forecast CAGR (2021-2026): 7%
The growth in the global direct thermal ticket paper market is supported by the transportation industry, which continues to drive a significant portion of direct thermal ticket paper sales, with the major driving aspects being replication of tickets and cost-bearing fraud. Because the success of transportation businesses is heavily reliant on lowering overhead expenses, direct thermal ticket paper centered on barcode tags rises as a feasible and beneficial option for ensuring security. Direct thermal ticket paper is widely used for the entertainment sector in addition to travel. The number of casinos in developed countries such as North America, Europe, and the Gulf Cooperation Council has skyrocketed. As the number of lottery and betting activities increases, so does the market for entrance cards, cash vouchers, and gambling slips.
Industry Definition and Major Segments
Direct thermal ticket paper has a long lifespan and features of high quality. It is also pre-printable, suitable for ticketing.
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Based on thickness, the market is divided into:
• Up to 70 GSM
• 70 GSM to 90 GSM
• 90 GSM to 120 GSM
• Above 120 GSM
Based on application, the industry is segmented into:
• Transport Tickets
o Road Transport
o Air Transport
o Seaways Transport
• Admission or Events Tickets
o Sports Events
o Concert Events
o Cultural Events
o Artistic Events
o Park Events
• Lottery Tickets
o Bill Tickets
o Tote and Gaming Tickets
o Valet Parking Tickets
o Barcode Tickets
o Baggage Counter Tickets
o Custom Tickets
On the basis of region, the market is divided into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
The benefits of these goods, such as their durability, increased levels of security, and environmental friendliness, are anticipated to propel the direct thermal ticket paper market during the forecast period. Moreover, the increase in the incidence of counterfeit tickets, which leads to an increasing need for safer alternatives, is expected to drive the growth of the market. Furthermore, the increased demand induced from the ticketing application sector, combined with rising levels of demographic participation in games and other such activities, is expected to boost the growth. Whereas, the volatile nature of the cost of raw materials is expected to stymie the expansion of the direct thermal ticket paper market over the forecast period.
Key Market Players
The major players in the market are Appvion Operations, Inc., Telemark Diversified Graphics, Nippon Paper Industries Co., Ltd., Ricoh Company, Ltd., Oji Holdings Corporation, Papierfabrik August Koehler SE, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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