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Global Thermal Recording Paper Market Outlook, In‑Depth Analysis & Forecast to 2031
Published Date: November 2025
|
Report Code: QYRE-Auto-27H16805
Home | Market Reports | Business & Industrial| Chemicals Industry
Global Thermal Recording Paper Market Research Report 2024
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Global Thermal Recording Paper Market Outlook, In‑Depth Analysis & Forecast to 2031

Code: QYRE-Auto-27H16805
Report
November 2025
Pages:163
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
OJI
Koehler
Appvion
Mitsubishi Paper
Ricoh
Hansol
Jujo Thermal Paper
Tomoegawa
Guangdong Guanhao High-tech Co., Ltd.
Xianhe
Suzhou Guanwei Thermal Paper Co., Ltd.

Thermal Recording Paper Market

The global Thermal Recording Paper market is projected to grow from US$ million in 2024 to US$ million by 2031, at a CAGR of %(2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
From a downstream perspective, POS Terminal Systems accounted for % of 2024 revenue, surging to US$ million by 2031 (CAGR: % from 2025–2031).
Thermal Recording Paper leading manufacturers including Oji, Koehler, Appvion, Mitsubishi Paper, Ricoh, Hansol, Jujo Thermal Paper, Tomoegawa, Shandong Chenming Paper Holdings Limited, Henan Jianghe Paper Co., Ltd., etc., dominate supply; the top five capture approximately % of global revenue, with Oji leading 2024 sales at US$ million.
Regional Outlook:
North America rose from US$ million in 2024 to a forecast US$ million by 2031 (CAGR %).
Asia‑Pacific will expand from US$ million to US$ million (CAGR  %), led by China (US$ million in 2024, % share rising to % by 2031), Japan (CAGR %), South Korea (CAGR %), and Southeast Asia (CAGR %).
Europe is set to grow from US$ million to US$ million (CAGR %), with Germany projected to hit US$ million by 2031 (CAGR %).

Report Includes:

This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Thermal Recording Paper market, seamlessly integrating production capacity and sales performance across the value chain. It analyzes historical production, revenue, and sales data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies volume and value, growth rates, technical innovations, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries. Each region’s dominant products, competitive landscape, and downstream demand trends are clearly detailed.
Critical competitive intelligence profiles manufacturers—capacity, sales volume, revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise supply‑chain overview maps upstream suppliers, manufacturing technologies, cost structures, and distribution dynamics to identify strategic gaps and unmet demand.
Market Segmentation

Scope of Thermal Recording Paper Market Report

Report Metric Details
Report Name Thermal Recording Paper Market
Segment by Type
  • Top Coating
  • No Top Coating
Segment by Application
  • POS Terminal Systems
  • Bank
  • Medical
  • Others
Production by Region
  • North America
  • Europe
  • China
  • Japan
Sales by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company Oji, Koehler, Appvion, Mitsubishi Paper, Ricoh, Hansol, Jujo Thermal Paper, Tomoegawa, Shandong Chenming Paper Holdings Limited, Henan Jianghe Paper Co., Ltd., Guangdong Guanhao High-tech Co., Ltd., Xianhe Co., Ltd., Suzhou Guanwei Thermal Paper Co., Ltd.
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Defines the Thermal Recording Paper study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
  • Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
  • Chapter 3: Maps global production capacity, utilization, and market share (2020–2031), identifies efficient hubs, reveals regulatory/trade policy impacts and bottlenecks.
  • Chapter 4: Dissects the manufacturer landscape—ranks by volume and revenue, analyzes profitability and pricing, maps production bases, details manufacturer performance by product type and evaluates concentration alongside M&A moves.
  • Chapter 5: Unlocks high margin product segments—compares sales, revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
  • Chapter 6: Targets downstream market opportunities—evaluates sales, revenue, and pricing by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
  • Chapter 7: North America—breaks down sales and revenue by Type, by Application and country, profiles key manufacturers and assesses growth drivers and barriers.
  • Chapter 8: Europe—analyses regional sales, revenue and market by Type, by Application and manufacturers, flagging drivers and barriers.
  • Chapter 9: Asia Pacific—quantifies sales and revenue by Type, by Application, and region/country, profiles top manufacturers, and uncovers high potential expansion areas.
  • Chapter 10: Central & South America—measures sales and revenue by Type, by Application, and country, profiles top manufacturers, and identifies investment opportunities and challenges.
  • Chapter 11: Middle East and Africa—evaluates sales and revenue by Type, by Application, and country, profiles key manufacturers, and outlines investment prospects and market hurdles
  • Chapter 12: Profiles manufacturers in depth—details product specs, capacity, sales, revenue, margins; Top manufactures 2024 sales breakdowns by Product type, by Application, by sales region SWOT analysis, and recent strategic developments.
  • Chapter 13: Supply chain—analyses upstream raw materials and suppliers, manufacturing footprint and technology, cost drivers, plus downstream channels and distributor roles.
  • Chapter 14: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
  • Chapter 15: Actionable conclusions and strategic recommendations.
  • Why This Report:
  • Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
  • Allocate capital strategically to high growth regions (Chapters 7–11) and margin rich segments (Chapter 5).
  • Negotiate from strength with suppliers (Chapter 13) and customers (Chapter 6) using cost and demand intelligence.
  • Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 4 and 12).
  • Secure your supply chain against disruptions through upstream and downstream visibility (Chapters 13 and 14).
  • Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.

FAQ for this report

Who are the main players in the Thermal Recording Paper Market report?

Ans: The main players in the Thermal Recording Paper Market are Oji, Koehler, Appvion, Mitsubishi Paper, Ricoh, Hansol, Jujo Thermal Paper, Tomoegawa, Shandong Chenming Paper Holdings Limited, Henan Jianghe Paper Co., Ltd., Guangdong Guanhao High-tech Co., Ltd., Xianhe Co., Ltd., Suzhou Guanwei Thermal Paper Co., Ltd.

What are the Application segmentation covered in the Thermal Recording Paper Market report?

Ans: The Applications covered in the Thermal Recording Paper Market report are POS Terminal Systems, Bank, Medical, Others

What are the Type segmentation covered in the Thermal Recording Paper Market report?

Ans: The Types covered in the Thermal Recording Paper Market report are Top Coating, No Top Coating

1 Study Coverage
1.1 Introduction to Thermal Recording Paper: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Thermal Recording Paper Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Top Coating
1.2.3 No Top Coating
1.3 Market Segmentation by Application
1.3.1 Global Thermal Recording Paper Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 POS Terminal Systems
1.3.3 Bank
1.3.4 Medical
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Thermal Recording Paper Revenue Estimates and Forecasts 2020-2031
2.2 Global Thermal Recording Paper Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020--2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.3 Global Thermal Recording Paper Sales Estimates and Forecasts 2020-2031
2.4 Global Thermal Recording Paper Sales by Region
2.4.1 Sales Comparison: 2020 VS 2024 VS 2031
2.4.2 Historical and Forecasted Sales by Region (2020-2031)
2.4.3 Emerging Market Focus: Growth Drivers & Investment Trends
2.4.4 Global Sales Market Share by Region (2020-2031)
3 Global Production Analysis
3.1 Global Thermal Recording Paper Production Capacity and Utilization Rates (2020–2031)
3.2 Regional Production: Comparative Analysis (2020 VS 2024 VS 2031)
3.3 Regional Production Dynamics
3.3.1 Historic Production by Region (2020-2025)
3.3.2 Forecasted Production by Region (2026-2031)
3.3.3 Production Market Share by Region (2020-2031)
3.3.4 Regulatory and Trade Policy Impact on Production
3.3.5 Production Capacity Enablers and Constraints
3.4 Key Regional Production Hubs
3.4.1 North America
3.4.2 Europe
3.4.3 China
3.4.4 Japan
4 Competition by Manufacturers
4.1 Global Thermal Recording Paper Sales by Manufacturers
4.1.1 Global Sales Volume by Manufacturers (2020-2025)
4.1.2 Global Top 5 and Top 10 Manufacturers’Market Share by Sales Volume (2024)
4.2 Global Thermal Recording Paper Manufacturer Revenue Rankings and Tiers
4.2.1 Global Revenue (Value) by Manufacturers (2020-2025)
4.2.2 Global Key Manufacturer Revenue Ranking (2023 vs. 2024)
4.2.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
4.3 Manufacturer Profitability Profiles and Pricing Strategies
4.3.1 Gross Margin by Top Manufacturer (2020 VS 2024)
4.3.2 Manufacturer-Level Price Trends (2020-2025)
4.4 Key Manufacturers Manufacturing Base and Headquarters
4.5 Main Product Type Market Size by Manufacturers
4.5.1 Top Coating Market Size by Manufacturers
4.5.2 No Top Coating Market Size by Manufacturers
4.6 Global Thermal Recording Paper Market Concentration and Dynamics
4.6.1 Global Market Concentration (CR5 and HHI)
4.6.2 Entrant/Exit Impact Analysis
4.6.3 Strategic Moves: M&A, Capacity Expansion, R&D Investment
5 Global Product Segmentation Analysis
5.1 Global Thermal Recording Paper Sales Performance by Type
5.1.1 Global Historical and Forecasted Sales by Type (2020-2031)
5.1.2 Global Sales Market Share by Type (2020-2031)
5.2 Global Thermal Recording Paper Revenue Trends by Type
5.2.1 Global Historical and Forecasted Revenue by Type (2020-2031)
5.2.2 Global Revenue Market Share by Type (2020-2031)
5.3 Global Average Selling Price (ASP) Trends by Type (2020-2031)
5.4 Product Technology Differentiation
5.5 Subtype Dynamics: Growth Leaders, Profitability and Risk
5.5.1 High-Growth Niches and Adoption Drivers
5.5.2 Profitability Hotspots and Cost Drivers
5.5.3 Substitution Threats
6 Global Downstream Application Analysis
6.1 Global Thermal Recording Paper Sales by Application
6.1.1 Global Historical and Forecasted Sales by Application (2020-2031)
6.1.2 Global Sales Market Share by Application (2020-2031)
6.1.3 High-Growth Application Identification
6.1.4 Emerging Application Case Studies
6.2 Global Thermal Recording Paper Revenue by Application
6.2.1 Global Historical and Forecasted Revenue by Application (2020-2031)
6.2.2 Revenue Market Share by Application (2020-2031)
6.3 Global Pricing Dynamics by Application (2020-2031)
6.4 Downstream Customer Analysis
6.4.1 Top Customers by Region
6.4.2 Top Customers by Application
7 North America
7.1 North America Sales Volume and Revenue (2020-2031)
7.2 North America Key Manufacturers Sales Revenue in 2024
7.3 North America Thermal Recording Paper Sales and Revenue by Type (2020-2031)
7.4 North America Thermal Recording Paper Sales and Revenue by Application (2020-2031)
7.5 North America Growth Accelerators and Market Barriers
7.6 North America Thermal Recording Paper Market Size by Country
7.6.1 North America Revenue by Country
7.6.2 North America Sales Trends by Country
7.6.3 US
7.6.4 Canada
7.6.5 Mexico
8 Europe
8.1 Europe Sales Volume and Revenue (2020-2031)
8.2 Europe Key Manufacturers Sales Revenue in 2024
8.3 Europe Thermal Recording Paper Sales and Revenue by Type (2020-2031)
8.4 Europe Thermal Recording Paper Sales and Revenue by Application (2020-2031)
8.5 Europe Growth Accelerators and Market Barriers
8.6 Europe Thermal Recording Paper Market Size by Country
8.6.1 Europe Revenue by Country
8.6.2 Europe Sales Trends by Country
8.6.3 Germany
8.6.4 France
8.6.5 U.K.
8.6.6 Italy
8.6.7 Russia
9 Asia-Pacific
9.1 Asia-Pacific Sales Volume and Revenue (2020-2031)
9.2 Asia-Pacific Key Manufacturers Sales Revenue in 2024
9.3 Asia-Pacific Thermal Recording Paper Sales and Revenue by Type (2020-2031)
9.4 Asia-Pacific Thermal Recording Paper Sales and Revenue by Application (2020-2031)
9.5 Asia-Pacific Thermal Recording Paper Market Size by Region
9.5.1 Asia-Pacific Revenue by Region
9.5.2 Asia-Pacific Sales Trends by Region
9.6 Asia-Pacific Growth Accelerators and Market Barriers
9.7 Southeast Asia
9.7.1 Southeast Asia Revenue by Country (2020 VS 2024 VS 2031)
9.7.2 Key Country Analysis: Indonesia, Vietnam, Thailand
9.8 China
9.9 Japan
9.10 South Korea
9.11 China Taiwan
9.12 India
10 Central and South America
10.1 Central and South America Sales Volume and Revenue (2020-2031)
10.2 Central and South America Key Manufacturers Sales Revenue in 2024
10.3 Central and South America Thermal Recording Paper Sales and Revenue by Type (2020-2031)
10.4 Central and South America Thermal Recording Paper Sales and Revenue by Application (2020-2031)
10.5 Central and South America Investment Opportunities and Key Challenges
10.6 Central and South America Thermal Recording Paper Market Size by Country
10.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 Brazil
10.6.3 Argentina
11 Middle East and Africa
11.1 Middle East and Africa Sales Volume and Revenue (2020-2031)
11.2 Middle East and Africa Key Manufacturers Sales Revenue in 2024
11.3 Middle East and Africa Thermal Recording Paper Sales and Revenue by Type (2020-2031)
11.4 Middle East and Africa Thermal Recording Paper Sales and Revenue by Application (2020-2031)
11.5 Middle East and Africa Investment Opportunities and Key Challenges
11.6 Middle East and Africa Thermal Recording Paper Market Size by Country
11.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
11.6.2 GCC Countries
11.6.3 Turkey
11.6.4 Egypt
11.6.5 South Africa
12 Corporate Profile
12.1 Oji
12.1.1 Oji Corporation Information
12.1.2 Oji Business Overview
12.1.3 Oji Thermal Recording Paper Product Models, Descriptions and Specifications
12.1.4 Oji Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.1.5 Oji Thermal Recording Paper Sales by Product in 2024
12.1.6 Oji Thermal Recording Paper Sales by Application in 2024
12.1.7 Oji Thermal Recording Paper Sales by Geographic Area in 2024
12.1.8 Oji Thermal Recording Paper SWOT Analysis
12.1.9 Oji Recent Developments
12.2 Koehler
12.2.1 Koehler Corporation Information
12.2.2 Koehler Business Overview
12.2.3 Koehler Thermal Recording Paper Product Models, Descriptions and Specifications
12.2.4 Koehler Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.2.5 Koehler Thermal Recording Paper Sales by Product in 2024
12.2.6 Koehler Thermal Recording Paper Sales by Application in 2024
12.2.7 Koehler Thermal Recording Paper Sales by Geographic Area in 2024
12.2.8 Koehler Thermal Recording Paper SWOT Analysis
12.2.9 Koehler Recent Developments
12.3 Appvion
12.3.1 Appvion Corporation Information
12.3.2 Appvion Business Overview
12.3.3 Appvion Thermal Recording Paper Product Models, Descriptions and Specifications
12.3.4 Appvion Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.3.5 Appvion Thermal Recording Paper Sales by Product in 2024
12.3.6 Appvion Thermal Recording Paper Sales by Application in 2024
12.3.7 Appvion Thermal Recording Paper Sales by Geographic Area in 2024
12.3.8 Appvion Thermal Recording Paper SWOT Analysis
12.3.9 Appvion Recent Developments
12.4 Mitsubishi Paper
12.4.1 Mitsubishi Paper Corporation Information
12.4.2 Mitsubishi Paper Business Overview
12.4.3 Mitsubishi Paper Thermal Recording Paper Product Models, Descriptions and Specifications
12.4.4 Mitsubishi Paper Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.4.5 Mitsubishi Paper Thermal Recording Paper Sales by Product in 2024
12.4.6 Mitsubishi Paper Thermal Recording Paper Sales by Application in 2024
12.4.7 Mitsubishi Paper Thermal Recording Paper Sales by Geographic Area in 2024
12.4.8 Mitsubishi Paper Thermal Recording Paper SWOT Analysis
12.4.9 Mitsubishi Paper Recent Developments
12.5 Ricoh
12.5.1 Ricoh Corporation Information
12.5.2 Ricoh Business Overview
12.5.3 Ricoh Thermal Recording Paper Product Models, Descriptions and Specifications
12.5.4 Ricoh Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.5.5 Ricoh Thermal Recording Paper Sales by Product in 2024
12.5.6 Ricoh Thermal Recording Paper Sales by Application in 2024
12.5.7 Ricoh Thermal Recording Paper Sales by Geographic Area in 2024
12.5.8 Ricoh Thermal Recording Paper SWOT Analysis
12.5.9 Ricoh Recent Developments
12.6 Hansol
12.6.1 Hansol Corporation Information
12.6.2 Hansol Business Overview
12.6.3 Hansol Thermal Recording Paper Product Models, Descriptions and Specifications
12.6.4 Hansol Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.6.5 Hansol Recent Developments
12.7 Jujo Thermal Paper
12.7.1 Jujo Thermal Paper Corporation Information
12.7.2 Jujo Thermal Paper Business Overview
12.7.3 Jujo Thermal Paper Thermal Recording Paper Product Models, Descriptions and Specifications
12.7.4 Jujo Thermal Paper Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.7.5 Jujo Thermal Paper Recent Developments
12.8 Tomoegawa
12.8.1 Tomoegawa Corporation Information
12.8.2 Tomoegawa Business Overview
12.8.3 Tomoegawa Thermal Recording Paper Product Models, Descriptions and Specifications
12.8.4 Tomoegawa Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.8.5 Tomoegawa Recent Developments
12.9 Shandong Chenming Paper Holdings Limited
12.9.1 Shandong Chenming Paper Holdings Limited Corporation Information
12.9.2 Shandong Chenming Paper Holdings Limited Business Overview
12.9.3 Shandong Chenming Paper Holdings Limited Thermal Recording Paper Product Models, Descriptions and Specifications
12.9.4 Shandong Chenming Paper Holdings Limited Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.9.5 Shandong Chenming Paper Holdings Limited Recent Developments
12.10 Henan Jianghe Paper Co., Ltd.
12.10.1 Henan Jianghe Paper Co., Ltd. Corporation Information
12.10.2 Henan Jianghe Paper Co., Ltd. Business Overview
12.10.3 Henan Jianghe Paper Co., Ltd. Thermal Recording Paper Product Models, Descriptions and Specifications
12.10.4 Henan Jianghe Paper Co., Ltd. Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.10.5 Henan Jianghe Paper Co., Ltd. Recent Developments
12.11 Guangdong Guanhao High-tech Co., Ltd.
12.11.1 Guangdong Guanhao High-tech Co., Ltd. Corporation Information
12.11.2 Guangdong Guanhao High-tech Co., Ltd. Business Overview
12.11.3 Guangdong Guanhao High-tech Co., Ltd. Thermal Recording Paper Product Models, Descriptions and Specifications
12.11.4 Guangdong Guanhao High-tech Co., Ltd. Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.11.5 Guangdong Guanhao High-tech Co., Ltd. Recent Developments
12.12 Xianhe Co., Ltd.
12.12.1 Xianhe Co., Ltd. Corporation Information
12.12.2 Xianhe Co., Ltd. Business Overview
12.12.3 Xianhe Co., Ltd. Thermal Recording Paper Product Models, Descriptions and Specifications
12.12.4 Xianhe Co., Ltd. Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.12.5 Xianhe Co., Ltd. Recent Developments
12.13 Suzhou Guanwei Thermal Paper Co., Ltd.
12.13.1 Suzhou Guanwei Thermal Paper Co., Ltd. Corporation Information
12.13.2 Suzhou Guanwei Thermal Paper Co., Ltd. Business Overview
12.13.3 Suzhou Guanwei Thermal Paper Co., Ltd. Thermal Recording Paper Product Models, Descriptions and Specifications
12.13.4 Suzhou Guanwei Thermal Paper Co., Ltd. Thermal Recording Paper Capacity, Sales, Price, Revenue and Gross Margin (2020-2025)
12.13.5 Suzhou Guanwei Thermal Paper Co., Ltd. Recent Developments
13 Value Chain and Supply-Chain Analysis
13.1 Thermal Recording Paper Industry Chain
13.2 Thermal Recording Paper Upstream Materials Analysis
13.2.1 Raw Materials
13.2.2 Key Suppliers Market Share & Risk Assessment
13.3 Thermal Recording Paper Integrated Production Analysis
13.3.1 Manufacturing Footprint Analysis
13.3.2 Production Technology Overview
13.3.3 Regional Cost Drivers
13.4 Thermal Recording Paper Sales Channels and Distribution Networks
13.4.1 Sales Channels
13.4.2 Distributors
14 Thermal Recording Paper Market Dynamics
14.1 Industry Trends and Evolution
14.2 Market Growth Drivers and Emerging Opportunities
14.3 Market Challenges, Risks, and Restraints
15 Key Findings in the Global Thermal Recording Paper Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.1.1 Research Programs/Design
16.1.1.2 Market Size Estimation
16.1.1.3 Market Breakdown and Data Triangulation
16.1.2 Data Source
16.1.2.1 Secondary Sources
16.1.2.2 Primary Sources
16.2 Author Details
FEATURED COMPANIES
OJI
Koehler
Appvion
Mitsubishi Paper
Ricoh
Hansol
Jujo Thermal Paper
Tomoegawa
Guangdong Guanhao High-tech Co., Ltd.
Xianhe
Suzhou Guanwei Thermal Paper Co., Ltd.
List of Tables
 Table 1. Global Thermal Recording Paper Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Table 2. Global Thermal Recording Paper Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Table 3. Global Thermal Recording Paper Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 4. Global Thermal Recording Paper Revenue by Region (2020-2025) & (US$ Million)
 Table 5. Global Thermal Recording Paper Revenue by Region (2026-2031) & (US$ Million)
 Table 6. Global Thermal Recording Paper Sales Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 7. Global Thermal Recording Paper Sales by Region (2020-2025) & (Kilotons)
 Table 8. Global Thermal Recording Paper Sales by Region (2026-2031) & (Kilotons)
 Table 9. Emerging Market Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 10. Global Thermal Recording Paper Production Growth Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (Kilotons)
 Table 11. Global Thermal Recording Paper Production by Region (2020-2025) & (Kilotons)
 Table 12. Global Thermal Recording Paper Production by Region (2026-2031) & (Kilotons)
 Table 13. Global Thermal Recording Paper Sales by Manufacturers (2020-2025) & (Kilotons)
 Table 14. Global Thermal Recording Paper Sales Share by Manufacturers (2020-2025)
 Table 15. Global Thermal Recording Paper Revenue by Manufacturers (2020-2025) & (US$ Million)
 Table 16. Global Thermal Recording Paper Revenue Market Share by Manufacturers (2020-2025)
 Table 17. Global Key Manufacturers’Ranking Shift (2023 vs. 2024) (Based on Revenue)
 Table 18. Global Thermal Recording Paper by Manufacturer Tier (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Thermal Recording Paper as of 2024)
 Table 19. Global Thermal Recording Paper Average Gross Margin (%) by Manufacturer (2020 VS 2024)
 Table 20. Global Thermal Recording Paper Average Selling Price (ASP) by Manufacturers (2020-2025) & (US$/Ton)
 Table 21. Key Manufacturers Thermal Recording Paper Manufacturing Base and Headquarters
 Table 22. Global Thermal Recording Paper Market Concentration Ratio (CR5 and HHI)
 Table 23. Key Market Entrant/Exit (2020-2024) – Drivers & Impact Analysis
 Table 24. Key Mergers & Acquisitions, Expansion Plans, R&D Investment
 Table 25. Global Thermal Recording Paper Sales by Type (2020-2025) & (Kilotons)
 Table 26. Global Thermal Recording Paper Sales by Type (2026-2031) & (Kilotons)
 Table 27. Global Thermal Recording Paper Revenue by Type (2020-2025) & (US$ Million)
 Table 28. Global Thermal Recording Paper Revenue by Type (2026-2031) & (US$ Million)
 Table 29. Global Thermal Recording Paper ASP by Type (2020-2031) & (US$/Ton)
 Table 30. Technical Specifications by Key Product Type
 Table 31. Global Thermal Recording Paper Sales by Application (2020-2025) & (Kilotons)
 Table 32. Global Thermal Recording Paper Sales by Application (2026-2031) & (Kilotons)
 Table 33. Thermal Recording Paper High-Growth Sectors Demand CAGR (2024-2031)
 Table 34. Global Thermal Recording Paper Revenue by Application (2020-2025) & (US$ Million)
 Table 35. Global Thermal Recording Paper Revenue by Application (2026-2031) & (US$ Million)
 Table 36. Global Thermal Recording Paper ASP by Application (2020-2031) & (US$/Ton)
 Table 37. Top Customers by Region
 Table 38. Top Customers by Application
 Table 39. North America Thermal Recording Paper Growth Accelerators and Market Barriers
 Table 40. North America Thermal Recording Paper Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 41. North America Thermal Recording Paper Sales (Kilotons) by Country (2020 VS 2024 VS 2031)
 Table 42. Europe Thermal Recording Paper Growth Accelerators and Market Barriers
 Table 43. Europe Thermal Recording Paper Revenue Grow Rate (CAGR) by Country: 2020 VS 2024 VS 2031 (US$ Million)
 Table 44. Europe Thermal Recording Paper Sales (Kilotons) by Country (2020 VS 2024 VS 2031)
 Table 45. Asia-Pacific Thermal Recording Paper Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 46. Asia-Pacific Thermal Recording Paper Sales (Kilotons) by Country (2020 VS 2024 VS 2031)
 Table 47. Asia-Pacific Thermal Recording Paper Growth Accelerators and Market Barriers
 Table 48. Southeast Asia Thermal Recording Paper Revenue Grow Rate (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 49. Central and South America Thermal Recording Paper Investment Opportunities and Key Challenges
 Table 50. Central and South America Thermal Recording Paper Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 51. Middle East and Africa Thermal Recording Paper Investment Opportunities and Key Challenges
 Table 52. Middle East and Africa Thermal Recording Paper Revenue Grow Rate (CAGR) by Country (2020 VS 2024 VS 2031) (US$ Million)
 Table 53. Oji Corporation Information
 Table 54. Oji Description and Major Businesses
 Table 55. Oji Product Models, Descriptions and Specifications
 Table 56. Oji Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 57. Oji Sales Value Proportion by Product in 2024
 Table 58. Oji Sales Value Proportion by Application in 2024
 Table 59. Oji Sales Value Proportion by Geographic Area in 2024
 Table 60. Oji Thermal Recording Paper SWOT Analysis
 Table 61. Oji Recent Developments
 Table 62. Koehler Corporation Information
 Table 63. Koehler Description and Major Businesses
 Table 64. Koehler Product Models, Descriptions and Specifications
 Table 65. Koehler Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 66. Koehler Sales Value Proportion by Product in 2024
 Table 67. Koehler Sales Value Proportion by Application in 2024
 Table 68. Koehler Sales Value Proportion by Geographic Area in 2024
 Table 69. Koehler Thermal Recording Paper SWOT Analysis
 Table 70. Koehler Recent Developments
 Table 71. Appvion Corporation Information
 Table 72. Appvion Description and Major Businesses
 Table 73. Appvion Product Models, Descriptions and Specifications
 Table 74. Appvion Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 75. Appvion Sales Value Proportion by Product in 2024
 Table 76. Appvion Sales Value Proportion by Application in 2024
 Table 77. Appvion Sales Value Proportion by Geographic Area in 2024
 Table 78. Appvion Thermal Recording Paper SWOT Analysis
 Table 79. Appvion Recent Developments
 Table 80. Mitsubishi Paper Corporation Information
 Table 81. Mitsubishi Paper Description and Major Businesses
 Table 82. Mitsubishi Paper Product Models, Descriptions and Specifications
 Table 83. Mitsubishi Paper Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 84. Mitsubishi Paper Sales Value Proportion by Product in 2024
 Table 85. Mitsubishi Paper Sales Value Proportion by Application in 2024
 Table 86. Mitsubishi Paper Sales Value Proportion by Geographic Area in 2024
 Table 87. Mitsubishi Paper Thermal Recording Paper SWOT Analysis
 Table 88. Mitsubishi Paper Recent Developments
 Table 89. Ricoh Corporation Information
 Table 90. Ricoh Description and Major Businesses
 Table 91. Ricoh Product Models, Descriptions and Specifications
 Table 92. Ricoh Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 93. Ricoh Sales Value Proportion by Product in 2024
 Table 94. Ricoh Sales Value Proportion by Application in 2024
 Table 95. Ricoh Sales Value Proportion by Geographic Area in 2024
 Table 96. Ricoh Thermal Recording Paper SWOT Analysis
 Table 97. Ricoh Recent Developments
 Table 98. Hansol Corporation Information
 Table 99. Hansol Description and Major Businesses
 Table 100. Hansol Product Models, Descriptions and Specifications
 Table 101. Hansol Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 102. Hansol Recent Developments
 Table 103. Jujo Thermal Paper Corporation Information
 Table 104. Jujo Thermal Paper Description and Major Businesses
 Table 105. Jujo Thermal Paper Product Models, Descriptions and Specifications
 Table 106. Jujo Thermal Paper Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 107. Jujo Thermal Paper Recent Developments
 Table 108. Tomoegawa Corporation Information
 Table 109. Tomoegawa Description and Major Businesses
 Table 110. Tomoegawa Product Models, Descriptions and Specifications
 Table 111. Tomoegawa Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 112. Tomoegawa Recent Developments
 Table 113. Shandong Chenming Paper Holdings Limited Corporation Information
 Table 114. Shandong Chenming Paper Holdings Limited Description and Major Businesses
 Table 115. Shandong Chenming Paper Holdings Limited Product Models, Descriptions and Specifications
 Table 116. Shandong Chenming Paper Holdings Limited Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 117. Shandong Chenming Paper Holdings Limited Recent Developments
 Table 118. Henan Jianghe Paper Co., Ltd. Corporation Information
 Table 119. Henan Jianghe Paper Co., Ltd. Description and Major Businesses
 Table 120. Henan Jianghe Paper Co., Ltd. Product Models, Descriptions and Specifications
 Table 121. Henan Jianghe Paper Co., Ltd. Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 122. Henan Jianghe Paper Co., Ltd. Recent Developments
 Table 123. Guangdong Guanhao High-tech Co., Ltd. Corporation Information
 Table 124. Guangdong Guanhao High-tech Co., Ltd. Description and Major Businesses
 Table 125. Guangdong Guanhao High-tech Co., Ltd. Product Models, Descriptions and Specifications
 Table 126. Guangdong Guanhao High-tech Co., Ltd. Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 127. Guangdong Guanhao High-tech Co., Ltd. Recent Developments
 Table 128. Xianhe Co., Ltd. Corporation Information
 Table 129. Xianhe Co., Ltd. Description and Major Businesses
 Table 130. Xianhe Co., Ltd. Product Models, Descriptions and Specifications
 Table 131. Xianhe Co., Ltd. Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 132. Xianhe Co., Ltd. Recent Developments
 Table 133. Suzhou Guanwei Thermal Paper Co., Ltd. Corporation Information
 Table 134. Suzhou Guanwei Thermal Paper Co., Ltd. Description and Major Businesses
 Table 135. Suzhou Guanwei Thermal Paper Co., Ltd. Product Models, Descriptions and Specifications
 Table 136. Suzhou Guanwei Thermal Paper Co., Ltd. Capacity, Sales (Kilotons), Revenue (US$ Million), Price (US$/Ton) and Gross Margin (2020-2025)
 Table 137. Suzhou Guanwei Thermal Paper Co., Ltd. Recent Developments
 Table 138. Key Raw Materials Distribution
 Table 139. Raw Materials Key Suppliers
 Table 140. Critical Raw Material Supplier Concentration (2024) & Risk Index
 Table 141. Milestones in Production Technology Evolution
 Table 142. Distributors List
 Table 143. Market Trends and Market Evolution
 Table 144. Market Drivers and Opportunities
 Table 145. Market Challenges, Risks, and Restraints
 Table 146. Research Programs/Design for This Report
 Table 147. Key Data Information from Secondary Sources
 Table 148. Key Data Information from Primary Sources


List of Figures
 Figure 1. Thermal Recording Paper Product Picture
 Figure 2. Global Thermal Recording Paper Market Size Growth Rate by Type, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 3. Top Coating Product Picture
 Figure 4. No Top Coating Product Picture
 Figure 5. Global Thermal Recording Paper Market Size Growth Rate by Application, 2020 VS 2024 VS 2031 (US$ Million)
 Figure 6. POS Terminal Systems
 Figure 7. Bank
 Figure 8. Medical
 Figure 9. Others
 Figure 10. Thermal Recording Paper Report Years Considered
 Figure 11. Global Thermal Recording Paper Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 12. Global Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 13. Global Thermal Recording Paper Revenue (CAGR) by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 14. Global Thermal Recording Paper Revenue Market Share by Region (2020-2031)
 Figure 15. Global Thermal Recording Paper Sales (2020-2031) & (Kilotons)
 Figure 16. Global Thermal Recording Paper Sales (CAGR) by Region (2020-2031) (Kilotons)
 Figure 17. Global Thermal Recording Paper Sales Market Share by Region (2020-2031)
 Figure 18. Global Thermal Recording Paper Capacity, Production and Utilization (2020-2031) & (Kilotons)
 Figure 19. Global Thermal Recording Paper Production Trend by Region (2020-2031) (Kilotons)
 Figure 20. Global Thermal Recording Paper Production Market Share by Region (2020-2031)
 Figure 21. Production Capacity Enablers & Constraints
 Figure 22. Thermal Recording Paper Production Growth Rate in North America (2020-2031) & (Kilotons)
 Figure 23. Thermal Recording Paper Production Growth Rate in Europe (2020-2031) & (Kilotons)
 Figure 24. Thermal Recording Paper Production Growth Rate in China (2020-2031) & (Kilotons)
 Figure 25. Thermal Recording Paper Production Growth Rate in Japan (2020-2031) & (Kilotons)
 Figure 26. Top 5 and Top 10 Manufacturers Thermal Recording Paper Sales Volume Market Share in 2024
 Figure 27. Global Thermal Recording Paper Revenue Market Share Ranking (2024)
 Figure 28. Tier Distribution by Revenue Contribution (2020 VS 2024)
 Figure 29. Top Coating Revenue Market Share by Manufacturer in 2024
 Figure 30. No Top Coating Revenue Market Share by Manufacturer in 2024
 Figure 31. Type Eight Revenue Market Share by Manufacturer in 2024
 Figure 32. Type Nine Revenue Market Share by Manufacturer in 2024
 Figure 33. Global Thermal Recording Paper Sales Market Share by Type (2020-2031)
 Figure 34. Global Thermal Recording Paper Revenue Market Share by Type (2020-2031)
 Figure 35. Global Thermal Recording Paper Sales Market Share by Application (2020-2031)
 Figure 36. Global Thermal Recording Paper Revenue Market Share by Application (2020-2031)
 Figure 37. North America Thermal Recording Paper Sales YoY (2020-2031) & (Kilotons)
 Figure 38. North America Thermal Recording Paper Revenue YoY (2020-2031) & (US$ Million)
 Figure 39. North America Top 5 Manufacturers Thermal Recording Paper Sales Revenue (US$ Million) in 2024
 Figure 40. North America Thermal Recording Paper Sales Volume (Kilotons) by Type (2020- 2031)
 Figure 41. North America Thermal Recording Paper Sales Revenue (US$ Million) by Type (2020 - 2031)
 Figure 42. North America Thermal Recording Paper Sales Volume (Kilotons) by Application (2020-2031)
 Figure 43. North America Thermal Recording Paper Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 44. US Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 45. Canada Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 46. Mexico Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 47. Europe Thermal Recording Paper Sales YoY (2020-2031) & (Kilotons)
 Figure 48. Europe Thermal Recording Paper Revenue YoY (2020-2031) & (US$ Million)
 Figure 49. Europe Top 5 Manufacturers Thermal Recording Paper Sales Revenue (US$ Million) in 2024
 Figure 50. Europe Thermal Recording Paper Sales Volume (Kilotons) by Type (2020-2031)
 Figure 51. Europe Thermal Recording Paper Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 52. Europe Thermal Recording Paper Sales Volume (Kilotons) by Application (2020-2031)
 Figure 53. Europe Thermal Recording Paper Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 54. Germany Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 55. France Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 56. U.K. Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 57. Italy Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 58. Russia Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 59. Asia-Pacific Thermal Recording Paper Sales YoY (2020-2031) & (Kilotons)
 Figure 60. Asia-Pacific Thermal Recording Paper Revenue YoY (2020-2031) & (US$ Million)
 Figure 61. Asia-Pacific Top 8 Manufacturers Thermal Recording Paper Sales Revenue (US$ Million) in 2024
 Figure 62. Asia-Pacific Thermal Recording Paper Sales Volume (Kilotons) by Type (2020- 2031)
 Figure 63. Asia-Pacific Thermal Recording Paper Sales Revenue (US$ Million) by Type (2020- 2031)
 Figure 64. Asia-Pacific Thermal Recording Paper Sales Volume (Kilotons) by Application (2020-2031)
 Figure 65. Asia-Pacific Thermal Recording Paper Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 66. Indonesia Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 67. Japan Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 68. South Korea Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 69. China Taiwan Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 70. India Thermal Recording Paper Revenue (2020-2031) & (US$ Million)
 Figure 71. Central and South America Thermal Recording Paper Sales YoY (2020-2031) & (Kilotons)
 Figure 72. Central and South America Thermal Recording Paper Revenue YoY (2020-2031) & (US$ Million)
 Figure 73. Central and South America Top 5 Manufacturers Thermal Recording Paper Sales Revenue (US$ Million) in 2024
 Figure 74. Central and South America Thermal Recording Paper Sales Volume (Kilotons) by Type (2021-2031)
 Figure 75. Central and South America Thermal Recording Paper Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 76. Central and South America Thermal Recording Paper Sales Volume (Kilotons) by Application (2020-2031)
 Figure 77. Central and South America Thermal Recording Paper Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 78. Brazil Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 79. Argentina Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 80. Middle East, and Africa Thermal Recording Paper Sales YoY (2020-2031) & (Kilotons)
 Figure 81. Middle East and Africa Thermal Recording Paper Revenue YoY (2020-2031) & (US$ Million)
 Figure 82. Middle East and Africa Top 5 Manufacturers Thermal Recording Paper Sales Revenue (US$ Million) in 2024
 Figure 83. Middle East and Africa Thermal Recording Paper Sales Volume (Kilotons) by Type (2021-2031)
 Figure 84. South America Thermal Recording Paper Sales Revenue (US$ Million) by Type (2020-2031)
 Figure 85. Middle East and Africa Thermal Recording Paper Sales Volume (Kilotons) by Application (2020-2031)
 Figure 86. Middle East and Africa Thermal Recording Paper Sales Revenue (US$ Million) by Application (2020-2031)
 Figure 87. GCC Countries Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 88. Turkey Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 89. Egypt Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 90. South Africa Thermal Recording Paper Revenue (2020-2025) & (US$ Million)
 Figure 91. Thermal Recording Paper Industry Chain Mapping
 Figure 92. Regional Thermal Recording Paper Manufacturing Base Distribution (%)
 Figure 93. Thermal Recording Paper Production Process
 Figure 94. Regional Thermal Recording Paper Production Cost Structure
 Figure 95. Channels of Distribution (Direct Vs Distribution)
 Figure 96. Bottom-up and Top-down Approaches for This Report
 Figure 97. Data Triangulation
 Figure 98. Key Executives Interviewed
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