Barcode Printers Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global barcode printers market was valued at USD 4.2 billion in 2023 and is projected to grow at over 4.5% CAGR from 2024 to 2032.

Logistics benefit from barcode printers through improved shipping and tracking of goods, leading to better order fulfillment. In retail, barcode printers expedite transactions by generating price and product labels, while also optimizing inventory and asset management. For example, in July 2023, Newland AIDC bolstered its product range by unveiling two label printers aimed at boosting printing efficiency across manufacturing, logistics, and retail. The newly introduced NLS-PP310 portable and NLS-LP410 desktop label printers are crafted for dependable label and barcode production, featuring an ergonomic design.

The barcode printers market is segmented based on product type, technology type, end use r industry, connectivity, and region.

Connectivity-wise, the market divides into wired (USB, Serial, Parallel), Wireless (Wi-Fi, Bluetooth), and Ethernet. In 2023, the wired (USB, Serial, Parallel) segment led the market and is projected to surpass USD 2.5 billion by 2032. These wired barcode printers, especially those with USB, serial, and parallel connections, are being increasingly integrated with advanced Point-of-Sale (POS) systems. This trend is fueled by the demand for swift and reliable data transfer between printers and POS terminals in retail settings for enhancing checkout efficiency and accuracy.

Applications of barcode printers span asset management, inventory management, package labeling, patient identification, product identification, shipping labels, wristband printing, and ticketing. The inventory management segment is the fastest growing, boasting 5% CAGR from 2024 to 2032. A notable trend is the integration of barcode printers with cloud-based inventory management systems for facilitating real-time data synchronization and multi-location accessibility. Such cloud systems empower businesses to efficiently manage inventory data, allowing instant access and updates from diverse devices.

North America barcode printers market is on track to hit USD 2 billion by 2032. This growth is fueled by a robust demand for advanced labeling solutions in industries like retail, healthcare, and logistics. The region's established retail landscape and emphasis on automation and efficiency will further amplify the demand for barcode printers.

Product Code: 147

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2024 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Expansion of e-commerce and retail sectors
  - 3.7.1.2 Increasing adoption of printers by manufacturing, logistics and retail sectors
  - 3.7.1.3 Continuous innovations in barcode printing technology
  - 3.7.1.4 Growth of the IoT and smart labeling solutions
  - 3.7.1.5 Growing demand for supply chain transparency and traceability
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Integration challenges with legacy systems
  - 3.7.2.2 Limited standardization across industries
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Product Type, 2021 - 2032 (USD Million and Units)

5.1 Desktop barcode printers
5.2 Industrial barcode printers
5.3 Mobile barcode printers
5.4 Others

Chapter 6 Market Estimates and Forecast, By Technology Type, 2021 - 2032 (USD Million and Units)

6.1 Key trends
6.2 Direct thermal
6.3 Thermal transfer
6.4 Dot matrix
6.5 Laser
6.6 Inkjet

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 (USD Million and Units)

7.1 Key trends
7.2 Asset management
7.3 Inventory management
7.4 Package labeling
7.5 Patient identification
7.6 Product identification
7.7 Shipping labels
7.8 Wristband printing
7.9 Ticketing

Chapter 8 Market Estimates and Forecast, By End-User Industry, 2021 - 2032 (USD Million and Units)

8.1 Key trends
8.2 Retail and manufacturing
8.3 Healthcare
8.4 Transportation and logistics
8.5 Government
8.6 Education
8.7 Entertainment
8.8 Others

Chapter 9 Market Estimates and Forecast, By Connectivity, 2021 - 2032 (USD Million and Units)

9.1 Key trends
9.2 Wired (USB, serial, parallel)
9.3 Wireless (Wi-Fi, Bluetooth)
9.4 Ethernet

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million and Units)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 Saudi Arabia
- 10.6.3 South Africa
- 10.6.4 Rest of MEA

Chapter 11 Company Profiles

11.1 Airtrack
11.2 Avery Dennison Corporation
11.3 Bixolon Co. Ltd.
11.4 Brother Industries Ltd.
11.5 Canon Inc.
11.6 Citizen Systems Europe GmbH
11.7 Cognitive TPG LLC
11.8 Dascom Holdings Ltd.
11.9 Godex International Co. Ltd.
11.10 Honeywell International Inc.
11.11 Labeltac
11.12 Linx Printing Technologies Ltd (Linx)
11.13 Postek Electronics Co., Ltd.
11.14 Primera Technology, Inc.
11.15 Printek L.L.C
11.16 Printronix, LLC
11.17 Sato Holdings Corporation
11.18 Seiko Epson Corporation
11.19 Star Micronics Co., Ltd
11.20 Tharo Systems, Inc.
11.21 Toshiba Corporation
11.22 TSC Auto ID Technology Co., Ltd
11.23 Wasp Barcode Technologies
11.24 Zebra Technologies Corporation