The Business Research Company’s report on the Barcode Label Printer Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the barcode label printer industry?
The rising number of thefts and frauds is expected to propel the growth of the barcode label printer market. Thefts and frauds are illicit activities in which someone else’s property, money, or assets are illegally stolen or misled, the physical act of stealing anything without permission or legal right is referred to as theft, whereas fraud involves purposeful deception or misrepresentation for personal or financial advantage. Barcode label printers can help organizations reduce the risk of theft and fraud by improving inventory management, tracking and authentication, and access control. For instance, in 2023, according to the National Council on Identity Theft Protection 2023 Highlights, a US-based intergovernmental organization, the Federal Trade Commission (FTC) received 5.7 million fraud and identity theft reports in total, with identity theft accounting for 1.4 million of those. Additionally, total losses due to fraud are $10.2 billion. Therefore, the rising number of thefts and frauds is driving the growth of the barcode label printer market.
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What is the estimated market size of the barcode label printer sector by 2029, based on current forecasts?
The barcode label printer market size has grown strongly in recent years. It will grow from$3.52 billion in 2024 to $3.72 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to automation in the supply chain, regulatory compliance requirements, e-commerce and retail boom, globalization of supply chains, and cost-effective labeling solutions
The barcode label printer market size is expected to see strong growth in the next few years. It will grow to “$4.75 billion in 2029 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to the rise of smart factories and Industry 4.0, growing demand for RFID integration, expansion of e-commerce and online retail, sustainability and eco-friendly labeling, and integration with enterprise resource planning (ERP) systems. Major trends in the forecast period include the integration of RFID technology, the rise of cloud-based printing solutions, mobile printing solutions, a focus on energy efficiency and sustainability, and advancements in printing speed and precision.
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#Who are the top players in the barcode label printer market?
Major companies operating in the barcode label printer market include Avery Dennison Corporation, Barcodes Inc., Honeywell International Inc., Postek Electronics Co. Ltd., Printronix, Fujitsu Limited, Zebra Technologies Corporation, TSC Auto ID Technology Co. Ltd., Toshiba Corporation, Dascom, OKI Electric Industry Co. Ltd., SATO Holdings Corporation, Seiko Epson Corporation, Brother International Corporation, Canon Inc., Tourmaline Enterprises Inc., Wasp Barcode Technologies, Citizen Systems Co. Ltd., Datalogic S.p.A., Godex International Co. Ltd., Intermec Technologies Corporation, Primera Technology Inc., Tharo Systems Inc., Xprinter Technology Co. Ltd., Datamax-O’Neil Corporation, Star Micronics Co. Ltd., General Data Company Inc., Hitachi Industrial Equipment Systems Co. Ltd., JADAK a Novanta Company, Kroy LLC, Lexmark International Inc.
#What are the major trends in the barcode label printer market?
Product innovations are a key trend gaining popularity in the barcode label printer market. Companies operating in the barcode label printer market are adopting new technologies to sustain their position in the market. For instance, in June 2022, TSC Auto ID Technology Co. Ltd. a Taiwan-based company specializing in the design and manufacturing of thermal label printers launched a new Alpha-30R 3-inch performance mobile barcode label printer. It is appropriate for routine receipt printing applications because of its robust design, big media capacity, and IP54 rating (without a protective casing). There are two varieties of the printer: basic and premium. The premium model has more functionality and supports a wider range of media types. Print speeds of up to 5 IPS are supported by the basic model for receipt and label media, and up to 6 IPS for a variety of receipt and label media when using the premium model. The printer can be used both indoors and outdoors because it is rated IP54 for protection against dust and water and meets MIL-STD-810 military specifications for drops and vehicle vibrations. Its easy-to-read LCD, lightweight design, and portability make it possible to print labels and receipts while on the go.
Which geography holds the highest barcode label printer market share?
Asia-Pacific was the largest region in the barcode label printer market in 2024. The regions covered in the barcode label printer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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How do different segments contribute to the overall expansion of the barcode label printer market?
The barcode label printer market covered in this report is segmented –
1) By Type: Industrial Printers, Desktop Printers, Mobile Printers
2) By Resolution: 300dpi, Between 301 To 600 dpi, Above 600 dpi
3) By Technology: Direct Thermal, Thermal Transfer, Ink Jet, Laser Printing, Dot Matrix
4) By End User: Manufacturing, Retail, Transportation And Logistics, Healthcare, Government, Entertainment, Other End Users
Subsegments:
1) By Industrial Printers: Heavy-Duty Printers, High-Volume Printers, Desktop Printers
2) By Compact Printers: Compact Printers, Low-Volume Printers
3) By Mobile Printers: Bluetooth Mobile Printers, Wi-Fi Mobile Printers
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How is the barcode label printer market defined?
A barcode label printer is a printer that creates and prints barcodes on labels or tags. They are employed in producing labels, tags, and other small papers, such as receipts, to help track and manage products and packages.
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