Market analysis
Global market analysis of barcode label printers will touch on $ 3,517.8 million at a CAGR of 5.31% between 2019-2025, states the latest Future Market Research (MRFR) analysis. Barcode label printing market In simple words, it is an electronic device commonly used for printing barcode labels or tags that can be fixed to objects that are sent. It uses thermal transfer or direct thermal techniques to apply ink labels.
Various factors are driving the global market share of barcode label printers. According to the latest MRFR report, these factors include a growing demand for accuracy, a need to minimize human error in the manufacturing industry, a growing need for portable printers, a demand for packaged products, the adoption of electronic shelf labels and a growing demand for e-commerce.
On the contrary, low compatibility with multiple operating systems, availability of alternatives like RFID tags and the current impact of COVID-19 are factors that may limit the growth of the global barcode label printers market during the forecast period.
Key players
The main contenders listed in the Global Barcode Label Printer Market Report include Fujitsu Ltd (Japan), Canon Inc. (Japan), Toshiba Tec Corporation (Japan), Zebra Technologies Corporation (USA), Honeywell International Inc. (USA), Sato Holdings Corporation (Japan), Apogee Industries Inc. (USA), TSC Auto Id Technology Co., Ltd., Ltd (Taiwan), Printronix Auto Id Inc. (USA), OKI Electric Industry Co., Ltd., Ltd (Japan), Descom Holdings Ltd. (China), and Avery Denison Corporation (USA).
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Market segmentation
The MRFR report highlights an overall segmental analysis of the global barcode label printer market based on product type, technology, resolution and end use.
By product type, the global barcode label printer market is segmented into a portable printer, a desktop printer and an industrial printer. Of these, the industrial sector will lead the market throughout the forecast period.
According to technology, the global barcode label printer market is segmented for inkjet, direct thermal, thermal transfer, laser printing and dot matrix. Of these, the direct thermal segment will dominate the market throughout the forecast period.
By resolution, the global barcode label printer market is segmented to more than 600 DPI, between 301 and 600 DPI and below 300 DPI. Of these, the 300 DPI segment below will remain at the forefront throughout the forecast period.
By end user, the global barcode label printer market is segmented into healthcare, government, retail, transportation and logistics, manufacturing and other sectors. Of these, the manufacturing sector will have a significant market share during the forecast period.
Regional analysis
By region, the global barcode label printer market covers the latest growth opportunities and trends across Europe, North America, Asia Pacific (APAC), South America and the Middle East and Africa (MEA). Of these, the APAC area will dominate the market throughout the forecast period. The presence of emerging economies like China, the increasing adoption of barcode label printers in various industries like logistics, textiles, inventory management, health and retail services, presence of leading companies and the steady growth of the printing sector in China add to the growth of global barcode label printers in the region.
In Europe, the global barcode label printer market is expected to hold the second largest share during the forecast period. The growing deployment of such printers to enhance the customer experience and improve services and visibility, reduce costs and improve efficiency and cost savings on manual input, packaging and shipping errors that enable companies to achieve high ROI adds to the growth of global barcode label printers in the region.
In North America, the global barcode label printer market is expected to grow steadily throughout the forecast period. The growing demand from Western European countries and the United States, the technological advances and the increasing investments in R&D activities add to the growth of the global barcode label printers market in the region.
At MEA, the global barcode label printer market is expected to grow handsomely during the forecast period for the construction of manufacturing facilities along with rising investments in retail and industrial infrastructure by MNCs.
In South America, the global barcode label printer market is expected to have healthy growth during the forecast period.
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Overview of the report
Market trends and competitive landscapes
Market segmentation by type
Market segmentation by end users
Barcode label printer analysis by main areas
Commodity of market product in major countries
Landscape Analysis Printer Barcode Labels in North America
Europe Barcode Labels Printer Landscape Analysis Printer
Landscape Analysis Printer Barcode Labels in Asia Pacific
Latin America, Middle East and Africa Landscape Analysis Prints Barcode Labels
The profile of the big players
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