| Product Code: ETC349649 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Philippines thermal paper market is estimated to be worth USD 26. 7 million in 2025 and is estimated to grow at a CAGR of 5. 8% over the cominig years, reaching USD 37. 6 million by the estimated years. This market has been driven by increasing demand for convenience products such as mobile payment systems and automated ticketing machines that require thermal paper for printing receipts or tickets. Additionally, the rising demand for barcode labels with enhanced features such as water resistance and durability also provides traction to this growing segment of the industry.
Thermal paper is widely used for printing receipts, labels, and tickets. The market outlook could be influenced by the growth of retail and hospitality industries, technological advancements in printing, and environmental concerns regarding paper waste.
Thermal paper often contains chemicals like bisphenol A (BPA). The challenge might involve addressing environmental and health concerns associated with the use of such chemicals in paper production.
Thermal paper is widely used in receipts and labels. The pandemic could have affected the thermal paper market through changes in retail and commercial activities. Lockdowns and restrictions could have reduced the need for printed receipts and labels as businesses faced closures or decreased foot traffic.
Thermal paper is widely used in receipts, labels, and other applications requiring printing without ink. Major players in this market might include paper manufacturers like Paperlink International Corporation and United Pulp and Paper Co., Inc. (UPPC), which could produce thermal paper products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Thermal Paper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Thermal Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Thermal Paper Market - Industry Life Cycle |
3.4 Philippines Thermal Paper Market - Porter's Five Forces |
3.5 Philippines Thermal Paper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Thermal Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for thermal paper in the retail sector for printing receipts due to the growing number of retail outlets and e-commerce transactions. |
4.2.2 Government regulations mandating the use of thermal paper for printing official receipts and documents, driving market growth. |
4.2.3 Advancements in technology leading to the development of innovative thermal paper products with enhanced durability and print quality. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in thermal paper production, impacting the overall cost and profit margins for manufacturers. |
4.3.2 Environmental concerns regarding the use of chemical coatings in thermal paper production, leading to potential regulatory restrictions. |
4.3.3 Competition from digital alternatives such as electronic receipts and invoices, posing a threat to the demand for traditional thermal paper products. |
5 Philippines Thermal Paper Market Trends |
6 Philippines Thermal Paper Market, By Types |
6.1 Philippines Thermal Paper Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Philippines Thermal Paper Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Philippines Thermal Paper Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.4 Philippines Thermal Paper Market Revenues & Volume, By Tags & Labels, 2021-2031F |
6.1.5 Philippines Thermal Paper Market Revenues & Volume, By Lottery & Gaming, 2021-2031F |
6.1.6 Philippines Thermal Paper Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Thermal Paper Market Import-Export Trade Statistics |
7.1 Philippines Thermal Paper Market Export to Major Countries |
7.2 Philippines Thermal Paper Market Imports from Major Countries |
8 Philippines Thermal Paper Market Key Performance Indicators |
8.1 Adoption rate of thermal paper in new industries or applications. |
8.2 Investment in research and development for eco-friendly thermal paper solutions. |
8.3 Customer satisfaction and feedback on the quality and performance of thermal paper products. |
8.4 Percentage of revenue generated from value-added services related to thermal paper, such as customization or integration services. |
9 Philippines Thermal Paper Market - Opportunity Assessment |
9.1 Philippines Thermal Paper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Thermal Paper Market - Competitive Landscape |
10.1 Philippines Thermal Paper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Thermal Paper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |