Thermal paper producers are suffering from the measures to contain the Covid-19 pandemic and demand is weak for certain products. However, they feel it is time to announce price increases.
Thermal paper producers have announced price hikes. As a first step, they want to introduce mark-ups in the POS segment, where price agreements have the shortest validity. Other application areas would then follow, EUWID was told.
Suppliers feel the time has come for a price hike. After the pandemic put a dent in prices in 2020, they are now feeling the significant impact of higher costs for logistics and raw materials. Even though thermal paper is readily available at the moment, the current situation is not comparable with the developments during the first lockdown, say industry experts.
Given the closure of shops and restaurants, respondents describe demand as weak in the POS segment. There is a mixed picture in the label segment: On the one hand, the industry is benefiting from the boom in e-commerce. On the other hand, other applications such as tickets are suffering from a pandemic-related drop in demand.
This article is an excerpt from EUWID's report on the thermal paper market.
Find the report in its entirety in EUWID Pulp and Paper no 5, which will be available to our e-paper and print subscribers as of 3 February.