Barcode Printers Market By Product Type (Desktop Printer, Mobile Printer, Industrial Printer), By Printing Type (Thermal Transfer, Direct Thermal, Others), By End-user Industry (Manufacturing, Retail, Transportation and Logistics, Healthcare, Other ): Global Opportunity Analysis and Industry Forecast, 2023-2032
The global barcode printers market is anticipated to reach $13,510,629.8 thousand by 2032, growing from $3,758,622.3 thousand in 2022 at a CAGR of 13.7% from 2023 to 2032.
Barcode printer is the device that is used to print labels and tags on objects. These printers operate at faster rates as compared to traditional printers and enhance the label durability by providing cost-effectivity, reliability, excessive durability, and sharp print quality. Barcode printer is majorly used in the commercial, retail, manufacturing, and other industries.
Barcodes have significantly simplified the process of identifying and using various commodities and supplies for customers such as efficient checkout process, supply chain visibility, and others. It has become the industry standard for storing and identifying product information. A barcode label applied to a product can hold information such as the product's production date, date delivered to the retailer, product count, selling price, and others. This, in turn, helps businesses in keeping track of their items and inventory. Barcodes are used on all items offered by major shops worldwide, including Walmart, IKEA, Costco, and Carrefour. In addition, rising environmental awareness is expected to drive the development of more eco-friendly industrial barcode printers. Manufacturers may focus on energy-efficient designs, recyclable materials, and sustainable printing practices. All these factors are projected to drive the market growth during the forecast period.
Barcode printers create barcodes by heating labels with numerous small heat sources on a printhead. The ribbon of a printer is filled with resin, and the temperature differential between the printer and the ribbon causes the resin to transfer onto the tag.. The ribbon's heating and cooling is not uniform. This might result in inconsistent label printing with trailing edges of text, pictures, or outlines. On a label, there needs to be enough contrast between black lines and white gaps for the scanner to identify it. When the temperature is set up to high, the barcode blurs and the labels create thick bar marks. Streaky bar lines on white regions are anticipated to impede barcode scanner demand. Similarly, low heating causes bar lines to fade, Leading to poor barcode readability and potential scanning errors. This limitation hinders the effectiveness of barcode printing, especially in high-demand applications where accurate and reliable barcode scanning is crucial for efficient inventory management and supply chain operations.
Wireless barcode printers link to many devices using modern technologies such as Cloud, Bluetooth, Wi-Fi, Near Field Communication (NFC), and Air Print. The barcode printers operate on wireless networks using the most recent security standards to provide increased performance and connection. The Wi-Fi modules are designed to integrate and control barcode printers on a network using normal network administration tools. With NFC-enabled devices, the barcode printers facilitate Bluetooth pairing and open web-based sites. Wireless printers reduce the cost of enterprise-level managed device ecosystems through reducing the requirement for on-premises servers. Wireless printers that use thermal technology can be connected to any device to make high-quality labels. Wireless printers are low-cost alternatives that may be used in conjunction with a mPOS system that has a long battery life. All these factors are anticipated to create excellent opportunities for market growth during the forecast period.
The COVID-19 pandemic has had a significant impact on the global barcode printers industry, affecting various aspects of manufacturing, supply chains, and consumer behavior. Due to the pandemic's breakout, some organizations faced challenges such as additional safety regulations, unexpected production volumes, and reduced operational staff. These companies use barcodes printers to keep vital items in production and to help the supply chain. Therefore, some manufacturers reorganized their labeling operations in order to avoid human intervention. Benefits linked with barcode technology, such as scalability, precision, automation, efficiency, and security, among others, encouraged these manufacturers to adopt barcode printers. During the COVID-19 pandemic, major players in the pharmaceutical and healthcare industries used barcode printers in particular to ensure that the efficiency of the manufacture of specific medications and pharmaceuticals is not compromised.
The key players profiled in this report include AVERY DENNISON CORPORATION, Canon Inc., Dascom, Honeywell International Inc., Oki Electric Industry Co., Ltd., Printronix, SATO Holdings Corporation, Zebra Technologies Corp, Toshiba Tec Corporation, and Stallion Systems & Solutions Pvt. Ltd. The market players are continuously striving to achieve a dominant position in this competitive market using strategies such as collaborations and acquisitions.
Key Benefits For StakeholdersThis report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the barcode printers market analysis from 2022 to 2032 to identify the prevailing barcode printers market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the barcode printers market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global barcode printers market trends, key players, market segments, application areas, and market growth strategies.
Key Market SegmentsBy Product TypeDesktop Printer
Mobile Printer
Industrial Printer
By Printing TypeThermal Transfer
Direct Thermal
Others
By End-user IndustryManufacturing
Retail
Transportation and Logistics
Healthcare
Other
By RegionNorth America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
United Arab Emirates
South Africa
Rest of LAMEA
Key Market Players
Avery Dennison Corporation
Canon Inc.
Dascom
Honeywell International Inc.
Oki Electric Industry Co., Ltd.
Printronix, Inc.
SATO Holdings Corporation.
Zebra Technologies Corp.
Toshiba Tec Corporation
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