PUBLISHER: KBV Research | PRODUCT CODE: 1401203
PUBLISHER: KBV Research | PRODUCT CODE: 1401203
The Asia Pacific Portable Printer Market would witness market growth of 10.7 % CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,760.5 thousand units, showcasing a growth of 9.2 % (2019-2022).
The versatility of portable printers extends beyond traditional office settings, finding applications in outdoor events, on manufacturing floors, in healthcare facilities, and even in the hands of traveling professionals. As industries adapt to evolving work practices, the demand for portable printing solutions grows, influencing the market landscape and encouraging manufacturers to innovate and expand their product offerings.
Moreover, one of the prominent trends in the market is the continuous improvement in connectivity options. Bluetooth and Wi-Fi capabilities have become standard features, enabling seamless communication between portable printers and various devices, including smartphones, tablets, and laptops. This trend not only enhances the flexibility of printing but also aligns with the growing emphasis on wireless and interconnected technologies.
As per the data from Invest India, total telephone connections rose to 117.92 Cr in August 2023 from 93.30 crore in March 2014, with a growth of 26.38 % in the said period. The number of mobile network portability (MNP) requests reached 12.67 Mn in August 2023. Urban telephone connections rose to 65.74 Cr in August 2023 from 55.52 Cr in March 2014, a growth of 18.4%, while the growth in rural telephone connections was 38.08%, which is double the urban increase, rising from 37.78 Cr in March 2014 to 52.17 Cr in August 2023. Therefore, the expanding telecom industry in the Asia Pacific will boost the demand for portable printers.
The China market dominated the Asia Pacific Portable Printer Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $430.4 Million by 2030. The Japan market is exhibiting a CAGR of 9.9% during (2023 - 2030). Additionally, The India market would experience a CAGR of 11.3% during (2023 - 2030).
Based on Application, the market is segmented into Transportation & Logistics, Retail, Healthcare, Telecom, and Others. Based on Technology, the market is segmented into Thermal, Inkjet, and Impact. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Brother Industries, Ltd., Canon, Inc., Fujitsu Limited, Hewlett-Packard enterprise Company (HP Development Company L.P.), Honeywell International, Inc., Toshiba TEC Corporation (Toshiba Corporation), Zebra Technologies Corporation, Seiko Epson Corporation, Sato Holdings Corporation, and Bixolon Co., Ltd.
Market Segments covered in the Report:
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
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