Global thermal paper market is expected to reach USD 4.77 billion by 2022, according to a new study by Grand View Research, Inc. Thermal paper is used in POS terminals that are employed in retail, hospital and entertainment industries, as they are compatible with various types of machines as well exhibit clear and durable print for a longer span of time as compared to ordinary conventional printed paper. Lottery & gaming application is expected to witness significant gains in terms of volume, at a CAGR exceeding 4.5% from 2015 to 2022. Expansion of gaming industry in Macau and Singapore owing to increasing number of casinos will have a strong impact on market growth. In addition, development of these countries as holiday destinations is expected to augment the growth of the gaming industry, thus, bolstering market growth.
http://www.grandviewresearch.com/industry-analysis/thermal-paper-market
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