What is the market size of thermal paper market in India | Industry Trends & Forecast 2026

What is the growth rate of the India Thermal Paper Market?

The market expansion is being supported by a range of factors, including rising demand from POS billing systems, increasing usage in retail and hospitality sectors, rising adoption in logistics and transportation labelling, advancements in high-durability and BPA-free thermal paper coatings, and expanding deployment of automated billing and ticketing solutions.

Key Growth Drivers of the India Thermal Paper Market

• The adoption of thermal printing in retail billing and checkout systems is increasing
• The demand is rising for thermal labels in logistics, warehousing, and parcel tracking
• Rising installation of POS systems in supermarkets, pharmacies, and foodservice chains
• Technological advancements in long-life, heat-resistant, and fade-resistant paper coatings
• Increasing usage in barcode and QR-based tracking applications
• Expansion of digital commerce and organized retail infrastructure

India Thermal Paper Market Trends

India Thermal Paper Market is witnessing notable trends such as growing demand for high-sensitivity thermal paper to improve printing speed and clarity. The market is experiencing rising adoption of BPA-free and environmentally safer coating formulations. Usage of thermal labels in e-commerce fulfilment, courier services, and inventory handling is expanding. The demand for coloured and pre-printed thermal formats is increasing among branding-focused retailers. Thermal paper consumption in banking and ATM networks remains steady with upgraded printing modules. Hospitality and quick-service restaurants are increasing reliance on thermal receipts with integrated digital identifiers. Further, expanding retail digitization and POS automation is strengthening market.

Emerging Developments in the India Thermal Paper Market

India Thermal Paper Market is progressing through advancements in top-coated high-durability paper, moisture-resistant printing surfaces, and UV-resistant finishes. Increasing R&D in chemical-free thermal imaging layers is supporting safer material innovation. Collaborations between thermal paper suppliers, POS system manufacturers, and retail technology integrators are expanding supply ecosystems. Growth in liner less thermal label formats is reducing waste and improving operational efficiency. Rising adoption of RFID-compatible thermal labels is expanding smart tracking capabilities. The development of bulk roll formats for industrial printing systems is broadening the range of uses. Also, the market is changing as more people want thermal materials that can be recycled and are beneficial for the environment.

List of Leading Companies in the India Thermal Paper Market

Some of the leading companies include:

• Koch Industries
• Oji Paper
• Ricoh
• Appvion
• Gold Huasheng Paper
• Mitsubishi Paper Mills
• Hansol Paper

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