Press Release

Saudi Arabia Thermal Paper Market is expected to grow at a 9.01% CAGR through 2029

Growing demand for thermal paper from the retail sector and increasing use of thermal paper in ATM receipts, credit card slips, and medical records are driving the Saudi Arabia Thermal Paper Market during the forecast period 2025-2029.


According to TechSci Research report, “Saudi Arabia Thermal Paper Market – By Region, Competition, Forecast and Opportunities, 2019-2029”, the Saudi Arabia Thermal Paper Market is expected to register robust growth during the forecast period. One of the prominent drivers of the thermal paper market in Saudi Arabia is the continuous expansion of the retail industry. The retail sector plays a pivotal role in the demand for thermal paper products as it relies on point-of-sale (POS) systems for efficient customer transactions. Thermal paper, with its ability to produce quick and legible receipts, is an indispensable component of retail operations. The growth of the retail industry in Saudi Arabia can be attributed to several factors, including a robust economy, increased consumer spending, and the establishment of various retail formats, such as supermarkets, convenience stores, and shopping malls. These developments have contributed to the proliferation of POS systems and cash registers, where thermal paper is used to print transaction receipts, price tags, and product labels. As the retail landscape expands, the demand for thermal paper in the Saudi Arabian market continues to rise, making the retail industry a key driver in sustaining and growing the thermal paper market. 
The booming e-commerce industry is another significant driver of the thermal paper market in Saudi Arabia. With the rapid increase in online shopping and the rise of digital platforms, the need for efficient order fulfillment and tracking systems has become paramount. Thermal paper products are crucial for this purpose, as they are used to print shipping labels, invoices, and receipts for online purchases. Factors contributing to the growth of e-commerce in Saudi Arabia include increased internet penetration, a tech-savvy consumer base, and the presence of numerous e-commerce platforms. This digital shift has resulted in heightened demand for thermal paper products to facilitate the smooth and organized delivery of products purchased online. As e-commerce continues to expand and evolve, the thermal paper market benefits from the increasing need for reliable and rapid printing solutions. This growth in e-commerce-related applications has solidified the position of e-commerce as a vital driver in the Saudi Arabian thermal paper market, demonstrating its adaptability and relevance in the digital age.


Browse over XX market data Figures spread through XX Pages and an in-depth TOC on the "Saudi Arabia Thermal Paper Market."


Saudi Arabia Thermal Paper Market is segmented into the printing technology, application, and region.

Based on application, The Point of Sale segment held the largest market share in 2023. The retail sector in Saudi Arabia has been experiencing substantial growth in recent years. This growth is driven by factors such as a strong economy, increased consumer spending, and the establishment of various retail formats, including supermarkets, convenience stores, and shopping malls. As the number of retail establishments expands, so does the demand for thermal paper for printing sales receipts at POS terminals. This trend is a primary driver for the dominance of the POS application. Saudi Arabia's economy is diversifying, and this economic growth has led to higher levels of consumer spending. With increased economic activity, there are more transactions occurring at retail and hospitality establishments. This surge in economic activity contributes to the strong demand for thermal paper in POS applications. Efficiency in customer service is critical in the fast-paced retail environment. Thermal paper enables quick and legible receipt printing, which enhances the speed and effectiveness of transactions. Businesses dealing with a large volume of customers rely on POS applications for efficient service, making it a dominant segment in the thermal paper market. Various regulatory requirements, such as those related to tax documentation, often mandate that businesses provide printed receipts for transactions. The Point of Sale application is essential for businesses to meet these regulatory requirements. Failure to comply with such regulations can result in legal and financial consequences, further underscoring the dominance of POS in the thermal paper market. Modern consumers increasingly expect and prefer printed receipts for their purchases. Printed receipts provide a tangible record of transactions and offer a sense of security and convenience. This consumer demand plays a crucial role in driving the need for thermal paper in the Point of Sale application.


Key market players in the Saudi Arabia Thermal Paper Market are:-

  • Avery Dennison Corporation
  • Honeywell International Inc.
  • UPM-Kymmene Corporation
  • Ricoh Company, Ltd.
  • Oji Holdings Corporation
  • Appvion LLC
  • Koehler Holding SE & Co. KG   
  • Mitsubishi Paper Mills Limited
  • Hansol Paper Co., Ltd.
  • Henan Province JiangHe Paper Co., Ltd.


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“The Saudi Arabia Thermal Paper Market is anticipated to rise in the upcoming years. The market is driven by the increasing demand for thermal paper from the retail and hospitality sectors. Additionally, the growing use of thermal paper in ATM receipts, credit card slips, and medical records is also contributing to the market growth. The Saudi Arabia thermal paper market is dominated by a few major players, such as Avery Dennison, Honeywell, and UPM. These players offer a wide range of thermal paper products to meet the diverse needs of customers. The Saudi Arabia thermal paper market is expected to witness significant growth in the coming years. This growth will be driven by the increasing demand for thermal paper from the retail, hospitality, and healthcare sectors. Additionally, the growing use of thermal paper in ATM receipts, credit card slips, and medical records is also expected to contribute to the market growth. Therefore, the market is expected to boost in the upcoming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.


“Saudi Arabia Thermal Paper Market Segmented By Printing Technology (Direct Thermal, Thermal Transfer, Others), By Application (Point of Sale, Tags & Label, Lottery & Gaming, Ticketing, Others), By Region, and By Competition, 2019-2029,”
has evaluated the future growth potential of Saudi Arabia Thermal Paper Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Thermal Paper Market.


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