The Future of Thermal Printing to 2029

Discover how global geopolitical tensions have affected the thermal print supply chains and how changes in retail, logistics, and transportation will impact thermal print demand to 2029.

Table of Contents Key Facts and Figures
Key facts
  • The global thermal printing market will be worth $42.6 billion in 2024 
  • The market is forecast to reach $49.6 billion in 2029; this represents a CAGR of 3.1% 
  • One of the key growth areas for thermal printing is in labelling.  
Find out  
  • Who is developing alternative print technologies 
  • How global geopolitical tensions have affected the thermal print supply chains, corporate budgets and consumer demand for goods and services 
  • How alternative chemistries and product innovation in direct thermal papers will influence growth segments 
  • How automation could affect the future of the thermal printing market 
  • How changes in retail, logistics, and transportation will impact thermal print demand.  
Report definition 
  • Thermal printing uses heat energy to create human- or machine-readable images on paper and plastic film substrates. Thermal printing methods are widely used for labels, tags, tickets, transaction receipts and records, and a host of other applications that require just-in-time printing of date and time, transaction details, lot numbers, and other variable data. 
  • Some key markets for thermal printing, including e-commerce and associated transport and logistics, have experienced high demand leading to strong sales of thermal printing hardware and associated consumables to these segments.  
The Smithers methodology 
This report is based on extensive primary and secondary research. Primary research consisted of targeted interviews with material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.    

Who should buy the report?
  • Thermal printer manufacturers
  • Consumables suppliers
  • Print head suppliers  
  • Industry consultants and analysts  
About the author
Jon Harper Smith has over 15 years’ experience in the printing industry through his time working with Fujifilm and has extensive experience of industrial and package printing businesses with particular focus on industrial inkjet and flexo processes. He has a proven ability to develop complex cross border businesses involving the provision of highly technical products that meet strict end user specifications.
The Future of Thermal Printing to 2029

Name The Future of Thermal Printing to 2029

Date 30/05/2024

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