The Southern African region is a promising market for the thermal till roll industry. The region comprises countries such as South Africa, Namibia, Botswana, Zimbabwe, and Mozambique, with a combined population of over 150 million people. The growth of the retail industry and an increase in demand for thermal till rolls in Southern Africa have created a lucrative opportunity for manufacturers and exporters.
The Southern African market’s potential
The Southern African region is a developing market with a significant potential for growth. The region’s economic growth has been driven by the mining industry, agriculture, and tourism. South Africa is the largest economy in the region, contributing more than 60% to the region’s GDP. However, the other countries in the region have also shown steady growth in their economies, and this has led to an increase in the demand for thermal till rolls. In 2020, the Southern African Development Community (SADC) countries’ combined GDP was estimated to be over $615 billion, making it an attractive market for businesses.
Why thermal till rolls have a big market in Southern Africa?
Thermal till rolls have become increasingly popular in Southern Africa due to their affordability, durability, and convenience. The retail industry in the region is growing, with more and more supermarkets, grocery stores, and small businesses being established every year. These businesses require thermal till rolls to print receipts and keep track of their sales. Furthermore, thermal till rolls are more environmentally friendly than traditional till rolls, which are made from wood pulp. This aspect appeals to consumers who are becoming more conscious of the environment.
Popular till roll sizes used in the Southern African market:
The most popular till roll sizes used in the Southern African market are:
In conclusion, the Southern African region presents a promising opportunity for thermal till roll manufacturers and exporters. The growth of the retail industry, coupled with an increase in demand for thermal till rolls, has created a lucrative market. The popularity of thermal till rolls in the region can be attributed to their affordability, durability, and environmental friendliness.
As Panda Paper Roll company, we recognize the potential of the Southern African market and are committed to providing high-quality thermal till rolls to meet the growing demand. We invite businesses in the region to take advantage of our expertise and experience in the industry. We believe that through collaboration, we can create a mutually beneficial relationship and contribute to the growth of the region’s economy.