In-Depth Exploration of the BPA Free Thermal Paper Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2031.
Report Ocean has recently released a comprehensive research report on the global BPA Free Thermal Paper Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
What is the value of the Global BPA Free Thermal Paper Market?
Global BPA Free Thermal Paper Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2022-2028.
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What are BPA Free Thermal Paper and their primary function?
The BPA-free receipt paper refers to thermal paper manufactured using alternative color developers that do not contain the BPA chemical. Bisphenol A (BPA) is a synthetic chemical utilized as a color developer in thermal paper. BPA is considered potentially dangerous and affects the brain, behavior, and prostate glands of children and fetuses. The growing expansion of food and beverages sector and increasing awareness towards health effects of BPA as well as favorable initiatives from public and private authorities are factors that are accelerating the global market demand. For instance, according to Statista – as of 2022 revenue of worldwide food and drink segment is estimated at USD 740 million, and the revenue is projected to show a CAGR of 9.11% between 2022 and 2026 to reach to USD 1050 million by end of 2026. Furthermore, favorable initiatives from public and private authorities would influence the growth of BPA-free Thermal Paper market. For instance, in April 2019, Federal Council of Switzerland announced ban on use of bisphenol S (BPS) and bisphenol A (BPA) in thermal paper. The use of these chemicals in thermal paper would be limited at a concentration equal to or greater than 0.02% by weight. Companies would need to comply by 1 June 2020. Moreover, in January 2021, Avery Dennison launched its new range of recycled thermal paper named rDT. This new range is BPA free and FSC Certified. Also, increasing inclination towards ecofriendly packaging solutions and rising expansion of pharmaceuticals and healthcare sector are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high cost associated with BPA free thermal paper impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global BPA Free Thermal Paper Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the stringent regulations towards use of BPA and presence of leading packaging developers in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of the end-use segments, increasing awareness towards ill effects of BPA chemicals, would create lucrative growth prospects for the global BPA Free Thermal Paper Market across the Asia Pacific region.
Major market players included in this report are:
- Tele-Paper (M) Sdn. Bhd.
- Appvion Incorporated
- Siam Paper Public Company Limited
- Nippon Paper Industries Co., Ltd.
- Papierfabrik August Koehler
- Oji Holdings Corporation
- Mitsubishi Paper Mills Limited
- Nakagawa Manufacturing (USA), Inc.
- Kanzan Spezialpapiere Gmbh
- UPM Raflatac, Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Grade
Bleached
Unbleached
By Thickness
Less than 30 GSM
30-50 GSM
More than 50 GSM
By Printing Technology
Thermal Printing
Digital Printing
Direct Thermal Transfer
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global BPA Free Thermal Paper market, including:
- What can be expected for the BPA Free Thermal Paper market in the next decade?
- What are the primary drivers of growth in the global BPA Free Thermal Paper market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the BPA Free Thermal Paper market vary based on the size of the end market?
- What is the breakdown of BPA Free Thermal Paper by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the BPA Free Thermal Paper market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global BPA Free Thermal Paper Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the BPA Free Thermal Paper Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the BPA Free Thermal Paper Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the BPA Free Thermal Paper Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the BPA Free Thermal Paper Market.
Our BPA Free Thermal Paper Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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