Forecast of Global Thermal Paper Market 2023

Global Global Thermal Paper market will register a 3.0% CAGR in terms of revenue, reach US$ 3200 million by 2023, from US$ 2690 million in 2017. Thermal paper is a special paper type that is manufactured with specialty coating that aids in inkless printing. On application of heat to the coating, a clear image is formed on the paper with no requirement for ribbons or inks. The coating usually turns black on heating, which, in turn, transfers the image to the paper.