According to the report by Expert Market Research (EMR), the global direct thermal ticket paper market size is projected to grow at a CAGR of 7% between 2024 and 2032. Aided by the rising demand for efficient ticketing solutions and the growing transportation and entertainment sectors, the market is expected to grow significantly by 2032.
Direct thermal ticket paper is a specialised paper designed for printing tickets for various applications such as transportation, cinema, events, and lotteries. Its unique property lies in its ability to develop print without the need for ink or ribbons, making it a cost-effective and environmentally friendly option. The paper is coated with a material that changes colour when exposed to heat, thus enabling the printing of text and images.
The surge in the global direct thermal ticket paper market growth can be attributed to the escalating demand for quick and efficient ticketing methods in the transportation sector, including railways, airlines, and public transport. With the global populace becoming more mobile and the rise in urbanization, there is a significant increase in the requirement for hassle-free ticketing solutions, driving the growth of the market.
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Moreover, the entertainment and event management industries contribute substantially to the direct thermal ticket paper market size. The rising number of events, concerts, and movie screenings has resulted in an increased demand for reliable and speedy ticket printing solutions. The convenience and ease of use associated with direct thermal ticket papers have made them a preferred choice for these industries.
The advancement in technology is another pivotal factor propelling the market forward. Innovation in thermal printing technology is one of the crucial direct thermal ticket paper market trends that has enhanced the quality and durability of printed tickets, making them more resistant to environmental factors such as heat and light. These technological enhancements have significantly increased the adoption of direct thermal ticket papers in various applications.
The environmental aspect also plays a crucial role in the market’s growth. As the world gravitates towards more sustainable and eco-friendly solutions, direct thermal ticket paper, which eliminates the need for ink and ribbons, is seen as a greener alternative to traditional printing methods. As per the direct thermal ticket paper market analysis, this aspect aligns well with the increasing environmental consciousness among consumers and organisations.
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Direct Thermal Ticket Paper Market Segmentation
The market can be divided based on thickness, application, and region.
Market Breakup by Thickness
- Up to 70 GSM
- 70 GSM to 90 GSM
- 90 GSM to 120 GSM
- Above 120 GSM
Market Breakup by Application
- Transport Tickets
- Road Transport
- Air Transport
- Seaways Transport
- Admission or Events Tickets
- Sports Events
- Concert Events
- Cultural Events
- Artistic Events
- Park Events
- Cinema
- Others
- Lottery Tickets
- Bill Tickets
- Tote and Gaming Tickets
- Valet Parking Tickets
- Barcode Tickets
- Baggage Counter Tickets
- Custom Tickets
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global direct thermal ticket paper market. Some of the major players explored in the report by Expert Market Research are as follows:
- Appvion Operations, Inc.
- Telemark Diversified Graphics
- Nippon Paper Industries Co., Ltd.
- Ricoh Company, Ltd.
- Oji Holdings Corporation
- Papierfabrik August Koehler SE
- Others
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