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Global Barcode Printer Market to reach USD 7.66 billion by the end of 2030

Global Barcode Printer Market Size study & Forecast, by Product (Desktop Printers, Mobile Printers, Industrial Printers), by Technology (Thermal transfer, Direct Transfer, Laser, Impact, Inkjet), by End User (Healthcare, Manufacturing, Retail & E-commerce, Transportation & Logistics, Government, Others), and Regional Analysis, 2023-2030

Product Code: EESC-36415052
Publish Date: 5-12-2023
Page: 200

Global Barcode Printer Market is valued at approximately USD 4.20 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.8 % over the forecast period 2023-2030. A barcode printer is a specialized type of printer that is designed to create and print barcodes. Barcodes are graphical representations of data that can be easily scanned and read by a barcode scanner or a mobile device with a camera. They are commonly used to track products, manage inventory, and automate various processes in industries such as retail, manufacturing, healthcare, and logistics. The Barcode Printer Market is expanding because of factors such as growth in industrialization and the rise in the e-commerce market and online mobile platforms.

The exponential rise in online shopping, retailers and logistics companies have had to adapt to the demands of an increasingly digital and fast-paced marketplace. Barcode readers play a pivotal role in streamlining the e-commerce supply chain. They enable efficient tracking and management of inventory, from the moment products enter the warehouse to their final destination at the customer’s doorstep. As e-commerce sales soar, the need for accurate and swift data capture, real-time inventory management, and rapid order fulfillment has become paramount. Barcode readers, including handheld scanners and mobile devices equipped with scanning capabilities, have become indispensable tools in this process. According to the International Trade Administration, in the year 2019, the global sales from the e-commerce industry stood at USD 3354 billion which increased to USD 5424 billion in the year 2022 and it is projected to reach USD 6388 billion by year 2024. Thus, the rising e-commerce industry is driving market growth. In addition, rising global trade and rising technological advancement is creating new opportunities to the market growth. However, vulnerability to cybersecurity hampers the market growth in the projected period 2023-2030.

The key regions considered for the Global Barcode Printer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 due to factors such as well-developed infrastructure and high growth in e-commerce and global trade are factors leading the market in this region Asia Pacific is expected to grow significantly over the forecast period, owing to factors such as adopting modernization and the presence of key players, innovation in technological solutions and rising . . industrialization in the region.

Major market player included in this report are:
Zebra Technologies Corporation
Avery Dennison Corporation
Canon Inc.
Dascom Pvt. Ltd.
Honeywell International Inc.
Oki Electric Industry Co., Ltd.
Printronix, LLC
SATO Holdings Corporation
Toshiba Tec Corporation
Seiko Epson Corporation

Recent Developments in the Market:
Ø In November 2022, Canon U.S.A., Inc. joined forces with TEKLYNX on Label Printer Drivers to Help Enhance Label Design and Printing, With TEKLYNX barcode and label design software, and the new drivers, these Canon label printers are designed to help produce a high volume of labels for production use, speed up the label design process, and allow users to easily create unique, eye-popping, and colorful labels.
Ø In January 2021, SATO Holdings Corporation the PV4 mobile barcode label printer in North America and Europe. It is a 4-inch mobile printer with best-in-class media capacity and rich interface options. PV4 is a track-and-trace solution that is flexible and durable and shows the company’s commitment to on-site optimization and a customer-first approach.

Global Barcode Printer Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Product, Application, End User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Desktop Printers
Mobile Printers
Industrial Printers

By Technology:
Thermal transfer
Direct Transfer
Laser
Impact
Inkjet

By End User:
Healthcare
Manufacturing
Retail & E-commerce
Transportation & Logistics
Government
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Barcode Printer Market, by Region, 2020-2030 (USD Billion)
1.2.2. Barcode Printer Market, by Product, 2020-2030 (USD Billion)
1.2.3. Barcode Printer Market, by Technology, 2020-2030 (USD Billion)
1.2.4. Barcode Printer Market, by End User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Barcode Printer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Barcode Printer Market Dynamics
3.1. Barcode Printer Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Growth in industrialization
3.1.1.2. Rise of E commerce market
3.1.2. Market Challenges
3.1.2.1. Vulnerable to cybersecurity risk
3.1.2.2. No new information can be added to barcodes
3.1.3. Market Opportunities
3.1.3.1. Increase in government initiative and investment
3.1.3.2. Improvement in global trade
Chapter 4. Global Barcode Printer Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Barcode Printer Market, by Product
5.1. Market Snapshot
5.2. Global Barcode Printer Market by Product, Performance – Potential Analysis
5.3. Global Barcode Printer Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Barcode Printer Market, Sub Segment Analysis
5.4.1. Desktop Printers
5.4.2. Mobile Printers
5.4.3. Industrial Printers
Chapter 6. Global Barcode Printer Market, by Technology
6.1. Market Snapshot
6.2. Global Barcode Printer Market by Technology, Performance – Potential Analysis
6.3. Global Barcode Printer Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
6.4. Barcode Printer Market, Sub Segment Analysis
6.4.1. Thermal transfer
6.4.2. Direct Transfer
6.4.3. Laser
6.4.4. Impact
6.4.5. Inkjet
Chapter 7. Global Barcode Printer Market, by End User
7.1. Market Snapshot
7.2. Global Barcode Printer Market by End User, Performance – Potential Analysis
7.3. Global Barcode Printer Market Estimates & Forecasts by End User 2020-2030 (USD Billion)
7.4. Barcode Printer Market, Sub Segment Analysis
7.4.1. Healthcare
7.4.2. Manufacturing
7.4.3. Retail & E-commerce
7.4.4. Transportation & Logistics
7.4.5. Government
7.4.6. Others
Chapter 8. Global Barcode Printer Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Barcode Printer Market, Regional Market Snapshot
8.4. North America Barcode Printer Market
8.4.1. U.S. Barcode Printer Market
8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
8.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
8.4.1.3. End User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Barcode Printer Market
8.5. Europe Barcode Printer Market Snapshot
8.5.1. U.K. Barcode Printer Market
8.5.2. Germany Barcode Printer Market
8.5.3. France Barcode Printer Market
8.5.4. Spain Barcode Printer Market
8.5.5. Italy Barcode Printer Market
8.5.6. Rest of Europe Barcode Printer Market
8.6. Asia-Pacific Barcode Printer Market Snapshot
8.6.1. China Barcode Printer Market
8.6.2. India Barcode Printer Market
8.6.3. Japan Barcode Printer Market
8.6.4. Australia Barcode Printer Market
8.6.5. South Korea Barcode Printer Market
8.6.6. Rest of Asia Pacific Barcode Printer Market
8.7. Latin America Barcode Printer Market Snapshot
8.7.1. Brazil Barcode Printer Market
8.7.2. Mexico Barcode Printer Market
8.8. Middle East & Africa Barcode Printer Market
8.8.1. Saudi Arabia Barcode Printer Market
8.8.2. South Africa Barcode Printer Market
8.8.3. Rest of Middle East & Africa Barcode Printer Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Zebra Technologies Corporation
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Avery Dennison Corporation
9.3.3. Canon Inc.
9.3.4. Dascom Pvt. Ltd.
9.3.5. Honeywell International Inc.
9.3.6. Oki Electric Industry Co., Ltd.
9.3.7. Printronix, LLC
9.3.8. SATO Holdings Corporation
9.3.9. Toshiba Tec Corporation
9.3.10. Seiko Epson Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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