Thermal Paper Manufacturer Industry: On Overcoming COVID-19


Source: abnewswire.com abnewswire.com

Key Topics in this News Article:

News Snapshot:

Thermal Paper Manufacturer Industry: On Overcoming COVID-19 Posted on by admin The future of the thermal paper industry looks bleak in the face of COVID-19. Or is it really? Digital receipts as a disruptor, and now COVID-19. Blow after blow, the thermal paper industry in the US is seeing a decline in demand from 280,000 metric tons in 2019 to 252,000 metric tons in 2020. Meanwhile, pre-pandemic market research indicates healthy growth of compounded annual growth rate (CAGR) of 4.8% from 2020 to 2027. Which way is up (or down)? Exceptional times call for exceptional measures. Regardless of the numbers,...