Market Forecast By Product (Top coating thermal paper, Premium & standard thermal paper), By Printing Technology Type (Direct thermal, Thermal transfer), By Applications (POS Systems, Lottery & Gaming, Labels & Tags, ATM Receipt, Others (Handy Terminal)), By End-users (Transport & logistics, Retail, Pharmaceutical, Apparel, Food & beverages, Others) And Competitive Landscape
Product Code: ETC063287 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Indonesia Thermal Paper Rolls Market |
Forecast period | 2025-2031 |
CAGR | 5% |
Growing Sector | Retail |
Indonesia Thermal Paper Rolls Market report thoroughly covers the market By Product, By printing Technology Type, By Applications, By End-Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Indonesia Thermal Paper Rolls Market has been experiencing steady growth, driven by increasing demand from sectors such as retail, banking, and logistics. Thermal paper, widely used in receipt printing and point-of-sale (POS) systems, plays a crucial role in daily commercial transactions. Factors such as the expanding e-commerce industry and the proliferation of retail outlets have further fueled the need for thermal printing solutions. Additionally, advancements in thermal paper technology and the adoption of sustainable practices in paper production are shaping the market dynamics.
According to 6Wresearch, the Indonesia Thermal Paper Rolls Market is anticipated to grow at a CAGR of 5% during the forecast period 2025-2031. One of the primary growth drivers of the Indonesia thermal paper rolls market is the rapid expansion of the retail sector, fueled by increased consumer spending and urbanization. The rise of the e-commerce industry has further amplified the demand for efficient payment systems and receipt printing, bolstering the need for thermal paper rolls. Additionally, the banking sector's increased dependence on automated teller machines (ATMs) and transaction receipts has contributed to market growth. Technological advancements, such as improved thermal paper coatings and the development of eco-friendly alternatives, have also played a pivotal role in capturing consumer interest and expanding product applications across industries.
Despite the Indonesia Thermal Paper Rolls Market Growth potential, challenges persist. Fluctuations in raw material prices, particularly for pulp and chemicals, pose a significant concern for manufacturers, impacting production costs and pricing strategies. Environmental concerns regarding the disposal and recyclability of thermal paper are increasing scrutiny on the industry, especially as some thermal paper contains bisphenol compounds. Additionally, the rise of digital and paperless alternatives in various sectors could potentially hinder the market's expansion in the long term. Overcoming these challenges requires innovation, sustainable practices, and increased awareness within the thermal paper industry.
Indonesia Thermal Paper Rolls Industry is also experiencing some key trends that are shaping the industry. One of these trends is the adoption of thermal paper in emerging industries such as transportation and hospitality. For example, thermal paper rolls are used for parking tickets, boarding passes, and hotel receipts. Another trend in the market is the increasing use of color printing on thermal paper, which allows for more attractive and eye-catching receipts and labels. Additionally, there has been a shift towards using thinner thermal paper rolls to reduce costs and minimize waste. This has led to advancements in technology and manufacturing processes to produce high-quality, thin thermal paper. And finally, with the rise of e-commerce and online shopping, there is a growing demand for thermal labels used in shipping and package tracking, presenting new opportunities for the market.
With the growing demand for thermal paper rolls in various industries, there are several investment opportunities in the Indonesia market. One such opportunity is in the production of eco-friendly and sustainable thermal paper rolls. Consumers and businesses alike are becoming more environmentally conscious, leading to a shift towards using sustainable products. As a result, there is a rising demand for eco-friendly thermal paper rolls that use non-toxic materials and can be easily recycled. Companies investing in this area have the potential to tap into a niche market and gain a competitive edge over other players. Additionally, with advancements in technology, there is an opportunity for companies to invest in developing new and innovative products. This could include thermal paper rolls with improved heat resistance, longer shelf life, or integrated security features. As the market continues to grow, investing in research and development can help companies stay ahead of the competition.
Indonesia Thermal Paper Rolls Market is characterized by the presence of several key players that dominate the industry through their extensive product portfolios and widespread distribution networks. Among the leading companies are Oji Paper Co., Ltd., Hansol Paper Co., Ltd., and Appvion, Inc., which are renowned for their high-quality thermal paper solutions and strong international presence. Local manufacturers, such as PT. Paperindo Raya and others, also play a significant role by catering to domestic demand and offering competitive pricing. These companies invest heavily in research and development to innovate products that meet evolving customer needs while addressing environmental concerns. Their strategic collaborations, sustainable practices, and continuous technological advancements contribute to shaping the growth trajectory of the market.
In recent years, the Indonesia thermal paper rolls market has experienced significant growth due to increasing demand from various industries such as retail, banking, and healthcare. However, with this growth comes the need for strict government regulations to ensure fair business practices and protect consumers. The government has implemented several regulations to monitor and regulate the production, distribution, and sales of thermal paper rolls. These regulations aim to control the quality of products in the market and prevent any negative impact on public health or environmental safety. One of the main regulations is the Indonesia National Standard (SNI) for thermal paper rolls. This standard specifies requirements for raw materials used in producing thermal paper rolls, as well as their physical and chemical properties. It also sets guidelines for labelling, packaging, and storage of these products. Apart from SNI, the Indonesian government has also enforced regulations on the production process itself. This includes strict guidelines on manufacturing practices to ensure the safety and quality of thermal paper rolls. This is especially important as these products come in direct contact with consumers through receipts or labels.
The future of the Indonesia thermal paper rolls market looks promising, driven by advancements in retail, logistics, and payment systems throughout the region. Increasing digitization of point-of-sale systems and the growing e-commerce sector are bolstering the demand for reliable and efficient printing solutions, including thermal paper rolls. Furthermore, the rising adoption of mobile payment platforms is expected to sustain the need for transaction receipts, maintaining market growth. However, concerns surrounding environmental impact and sustainability are likely to push manufacturers towards developing eco-friendly and recyclable thermal paper products. With technological developments and evolving consumer preferences, the market is poised for steady growth while adapting to global trends in sustainability.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Sachin, Senior Research Analyst, 6Wresearch, the premium thermal paper segment is expected to experience significant growth. This can be attributed to its widespread application across industries, such as retail, hospitality, and logistics, where cost-effective and reliable printing solutions are in demand.
The direct thermal is anticipated to dominate the Indonesia Thermal Paper Rolls Market Share during the forecast period. This growth is fueled by its increasing adoption in sectors such as retail, healthcare, and logistics, where there is a high demand for cost-effective, easy-to-use, and durable printing solutions. Direct thermal technology eliminates the need for ribbons or ink, making it an ideal choice for applications like receipt printing, shipping labels, and barcode generation.
The report provides a detailed analysis of the following market segments:
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 Indonesia Thermal Paper Rolls Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Thermal Paper Rolls Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Thermal Paper Rolls Market - Industry Life Cycle |
3.4 Indonesia Thermal Paper Rolls Market - Porter's Five Forces |
3.5 Indonesia Thermal Paper Rolls Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Indonesia Thermal Paper Rolls Market Revenues & Volume Share, By Printing Technology Type, 2021 & 2031F |
3.7 Indonesia Thermal Paper Rolls Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Indonesia Thermal Paper Rolls Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Indonesia Thermal Paper Rolls Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Thermal Paper Rolls Market Trends |
6 Indonesia Thermal Paper Rolls Market, By Types |
6.1 Indonesia Thermal Paper Rolls Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Top coating thermal paper, 2021 - 2031F |
6.1.4 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Premium & standard thermal paper, 2021 - 2031F |
6.2 Indonesia Thermal Paper Rolls Market, By Printing Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Direct thermal, 2021 - 2031F |
6.2.3 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Thermal transfer, 2021 - 2031F |
6.3 Indonesia Thermal Paper Rolls Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Thermal Paper Rolls Market Revenues & Volume, By POS Systems, 2021 - 2031F |
6.3.3 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Lottery & Gaming, 2021 - 2031F |
6.3.4 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Labels & Tags, 2021 - 2031F |
6.3.5 Indonesia Thermal Paper Rolls Market Revenues & Volume, By ATM Receipt, 2021 - 2031F |
6.3.6 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Others (Handy Terminal), 2021 - 2031F |
6.4 Indonesia Thermal Paper Rolls Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Transport & logistics, 2021 - 2031F |
6.4.3 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Retail, 2021 - 2031F |
6.4.4 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Pharmaceutical, 2021 - 2031F |
6.4.5 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Apparel, 2021 - 2031F |
6.4.6 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Food & beverages, 2021 - 2031F |
6.4.7 Indonesia Thermal Paper Rolls Market Revenues & Volume, By Others, 2021 - 2031F |
7 Indonesia Thermal Paper Rolls Market Import-Export Trade Statistics |
7.1 Indonesia Thermal Paper Rolls Market Export to Major Countries |
7.2 Indonesia Thermal Paper Rolls Market Imports from Major Countries |
8 Indonesia Thermal Paper Rolls Market Key Performance Indicators |
9 Indonesia Thermal Paper Rolls Market - Opportunity Assessment |
9.1 Indonesia Thermal Paper Rolls Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Indonesia Thermal Paper Rolls Market Opportunity Assessment, By Printing Technology Type, 2021 & 2031F |
9.3 Indonesia Thermal Paper Rolls Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Indonesia Thermal Paper Rolls Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Indonesia Thermal Paper Rolls Market - Competitive Landscape |
10.1 Indonesia Thermal Paper Rolls Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Thermal Paper Rolls Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |