Barcode Printer is a printer designed to produce barcode labels which can be attached to other objects, which is used to print labels or tags directly on physical objects. Barcode label printers are used for printing barcodes and product labels. These printers are slightly different from traditional printers as these printers use various types of consumables to achieve a barcode print image. Barcode printers are specialty printers which enable the printing of barcode labels or tags that can be directly printed on or attached to physical objects.
Global Barcode Label Printer revenue market is valued at 1,959 million USD in 2017 and is expected to reach 2,572 million USD by the end of 2025, growing at a CAGR of 3.46% between 2017 and 2025. Global Barcode Label Printer sales volume is valued at 5.56 million Units in 2017 and is expected to reach 8.1 million Units by the end of 2025, growing at a CAGR of 4.80% between 2017 and 2025.
The leading players include following list:
· Zebra Technologies
· SATO
· Toshiba TEC Corporation
· Shandong New Beiyang Information Technology Co., Ltd.
· Honeywell
· TSC
· Citizen
· Epson
· Brady
· Dascom
· Godex
· cab Produkttechnik GmbH & Co KG
· Postek
· Wasp Barcode Technologies, Inc.
· WEWIN
· GAINSCHA
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Increased demand for barcode wristbands is expected to favorably impact market growth. Furthermore, the trend of mobile sales workforce carrying out on-field transactions has augmented the demand for mobile printers that are capable of connecting wirelessly to the organization’s network and printing receipts on the spot. APAC is the largest market segment of Barcode Label Printer, followed by Europe with a consumption market share nearly 25.47% in 2017.
Barcode printers are specialty printers which enable the printing of barcode labels or tags that can be directly printed on or attached to physical objects. They are commonly used to label retail items or label cartons with Universal Product Codes (UPCs) or European Article Numbers (EANs) before shipment.
One trend in the market is rising omnichannel retailing. Retailers sell their products and goods through multiple mediums such as brick and mortar stores, m-commerce, and e-commerce, which is called omnichannel retailing. With the growing penetration of the Internet and the improving network infrastructures, retailers have started increasing their reach and have revolutionized the shopping experience for customers with the help of e-commerce and m-commerce. Rapid industrialization is another factor contributing to the growth of market. In term of region, North America and EMEA are expected to dominate the barcode printers market over the forecast period owing to increased demand from the U.S. and Western European countries. Asia Pacific, Eastern Europe, and Latin America are expected to witness substantial growth due to the establishment of production facilities in these economies and increased investments by MNCs in retail and industrial infrastructure.
Global Barcode Label Printer revenue market is valued at 1,959 million USD in 2017 and is expected to reach 2,572 million USD by the end of 2025, growing at a CAGR of 3.46% between 2017 and 2025. Global Barcode Label Printer sales volume is valued at 5.56 million Units in 2017 and is expected to reach 8.1 million Units by the end of 2025, growing at a CAGR of 4.80% between 2017 and 2025.
Increased demand for barcode wristbands is expected to favorably impact market growth. Furthermore, the trend of mobile sales workforce carrying out on-field transactions has augmented the demand for mobile printers that are capable of connecting wirelessly to the organization’s network and printing receipts on the spot. APAC is the largest market segment of Barcode Label Printer, followed by Europe with a consumption market share nearly 25.47% in 2017.
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