Report Details:
15 Companies Covered
193 Pages
Pune, India, April 2020, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Barcode Label Printer Market.
Barcode Label Printer Market Highlights
A barcode label printer's purpose is to produce labels containing barcodes or QR codes attached to the product's outer packaging. When scanned by a barcode scanner, the stores for barcode label reads an international article number (EAN), a uniform product code (UPC), and principles needed for mailing, accounting, and other functions. The chemically treated materials used to create the direct thermal barcode labels printer render them illegible when exposed to heat, sunlight, and other substances. A thermal print head is used in thermal transfer printing to produce higher-quality prints. These printers are also used on various print materials to print logos, images, color text, and other variations.
Over the forecast period, organized retail is anticipated to employ barcode printers more frequently for labeling and point-of-sale applications. Barcode wristband demand growth is expected to be positively impacted. The need for mobile printers that can wirelessly connect to the organization's network and print receipts immediately has also increased because of the trend of mobile sales personnel conducting on-the-go transactions.
Industry expansion for global barcode label printers is anticipated to be hampered by the growing use of radio frequency identification (RFID). RTID has various advantages over barcodes. Due to Asian businesses' significantly cheaper pricing, the barcode label printer market has become commoditized.
Regional Analysis
Due to rising demand from the United States and Western European nations, North America and EMEA are anticipated to lead the barcode label printer industry over the forecast period.
With a market value of USD 799.6 million in 2018, Europe had the most significant share; throughout the projected period, the barcode label printer market industry is anticipated to grow at a CAGR of 5.35%.
With a market worth of USD 727.2 million in 2018, Asia-Pacific was the second-largest region; it is expected to experience the fastest CAGR of 6.90%. Due to the construction of manufacturing facilities in these nations and rising MNC expenditures in retail and industrial infrastructure, Asia-Pacific, Eastern Europe, and Latin America are anticipated to experience significant growth. The barcode label printer market for barcode printers has become very commoditized because of the flood of providers who manufacture and sell low-cost printers, mainly from Asia-Pacific.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Barcode Label Printer Market Research Report
Market Segmentation
Industrial printers, desktop printers, and portable printers are the categories under which the global barcode label printer market research has been categorized. During the projection period, the Industrial segment had a market value of USD 1,142.8 million, which gave it the most significant market share in 2018. The global barcode label printer market sector for industrial printers had the most significant share. The harsh industrial circumstances were considered when designing industrial printers. These printers can print labels in high volumes and have wider media widths than other printer sizes, which aids them in navigating the quickly changing corporate environment.
Based on the resolution, the market is segmented into:
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300dpi
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Between 301 To 600 dpi
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Above 600 dpi
Direct Thermal, Thermal Transfer, Ink Jet, Laser Printing, and Dot Matrix are the different types of market segmentation under technology.
Key Players
The Key Players in the global barcode label printer market are
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Avery Dennison Corporation (US)
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Dascom Holdings Ltd (China)
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OKI Electric Industry Co., Ltd (Japan)
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Printronix Auto Id Inc. (US)
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TSC Auto Id Technology Co., Ltd (Taiwan)
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Apogee Industries Inc. (US)
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Sato Holdings Corporation (Japan)
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Honeywell International Inc. (US)
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Zebra Technologies Corporation (US)
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Toshiba Tec Corporation (Japan)
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Canon Inc. (Japan)
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Fujitsu Ltd (Japan)