Point of Sale (POS) Receipt Printer Market

Point of Sale (POS) Receipt Printer Market, By Type (Desktop Receipt Printer and Mobile Receipt Printer), By Technology (Thermal Printer, Impact/Dot Matrix and Inkjet), By End use Industry (Hospitality, Healthcare, Retail, Warehouse/Distribution, Entertainment, and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

The global point of sale (POS) receipt printer market is a dynamic and rapidly evolving industry that revolves around the manufacturing, distribution, and sales of specialized printers that helps to generate receipts and transaction documents at the point of sale in various retail and hospitality establishments worldwide. As essential components of the POS system, these printers play a crucial role in facilitating efficient and seamless transaction processing for businesses of all sizes. The market offers a diverse range of POS receipt printers, including thermal printers, impact printers, and inkjet printers, each catering to specific business needs and preferences. With the advent of technology and changing consumer behaviors, the market has witnessed a transition towards cloud-based POS systems, mobile integration, contactless payment support, and the adoption of digital receipts. The market's growth is further fueled by the expansion of the retail and hospitality sectors, the rise of e-commerce, the increasing focus on sustainability and digital transformation. As businesses continue to prioritize efficiency, security, and customer engagement, these factors are expected to fuel the growth of the global point of sale (POS) receipt printer market during the forecast period.

Market Dynamics

The global point of sale (POS) receipt printer market is expected to be driven by the increasing demand for mobile type printers in the retail industry. Businesses are adopting mobile printers to improve the customer experiences and gain a competitive edge in the market. These printers also help billing personnel by reducing operation time during busy periods. In 2020, most POS printers were desktop type, which accounted for 54.5% of the market. However, mobile POS printers are expected to surpass desktop printers in the future due to their usability and portability. On the other hand, the market growth may be hindered by two factors – firstly, the rising adoption of cloud-based POS systems might reduce the demand for traditional receipt printers, and secondly, concerns about health risks related to the use of Bisphenol A (BPA) paper in thermal POS printers could also impact the market negatively.

Key features of the study:

• This report provides an in-depth analysis of the global point of sale (POS) receipt printer market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global point of sale (POS) receipt printer market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study are Bixolon Co., Ltd., ZIH Corp, Citizen Systems Europe GmbH, TVS Electronics, Seiko Epson Corp., Transact Technologies, Inc., HP Development Company, L.P., Star Micronics, Inc., and Posiflex Technology, Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• Global point of sale (POS) receipt printer market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global point of sale (POS) receipt printer market.

Detailed Segmentation

• Global Point of Sale (POS) Receipt Printer Market, By End-use Industry:
• Hospitality
• Healthcare
• Retail
• Warehouse/Distribution
• Entertainment
• Others
• Global Point of sale (POS) receipt printer Market, By Type:
• Desktop Receipt Printer
• Mobile Receipt Printer
• Global Point of sale (POS) receipt printer Market, By Technology:
• Thermal Printer
• Impact/Dot Matrix
• Inkjet
• Global Point of sale (POS) receipt printer Market, By Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
• Company Profiles
• Bixolon Co.
• ZIH Corp
• Citizen Systems Europe GmbH
• TVS Electronics, Seiko Epson Corp.
• Transact Technologies, Inc.
• HP Development Company, L.P.
• Star Micronics, Inc.
• Posiflex Technology, Inc.