The barcode printer market is estimated to be valued at USD 4.52 Billion in 2024 and is expected to reach USD 7.12 Billion by 2031, growing at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

Report Description:

The barcode printer market has been growing consistently over the past few years owing to the rising demand from the manufacturing, transportation, and retail industries. A barcode printer helps track inventory levels and prints barcode labels to improve supply chain management. It encodes product information that can be scanned at different points in the distribution chain for verification purposes. Various technological advancements in barcode printing such as introduction of thermal transfer printers and mobile printers compatible with smartphones and tablets have boosted adoption of barcode printers. The growing e-commerce industry worldwide relying on effective logistics is another key factor driving the growth of the barcode printer market.

Market Dynamics:

The barcode printer market is driven by the rising need for visibility across supply chains and automation of business processes. Wide use of barcodes for tracking items from production to the point of sale has stimulated demand. Barcode labels help organize warehouse operations and inventory management. Continued expansion of the retail sector especially in developing economies is a major opportunity. However, high initial costs of dedicated barcode printers could hinder market expansion to some extent. The growing popularity of mobile printers offers potential for greater penetration. Innovation in advanced printer technologies promising higher speed, quality, and reliability will support the market growth.

Key features of the study:

• This report provides an in-depth analysis of the global barcode printer market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth 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, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global barcode printer market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include AVERY DENNISON CORPORATION, Avery Dennison Corporation, Brother Mobile Solutions Inc., Canon Inc., Dascom, GoDEX International Co., Ltd., Honeywell International Inc., Oki Electric Industry Co., Ltd., Postek Electronics Co., Ltd., Printek, Inc., Printronix, Inc., SATO Holdings Corporation, Toshiba Tec Corporation, TSC Auto ID Technology Co., Ltd., and Zebra Technologies Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global barcode printer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global barcode printer market.

Detailed Segmentation:

• Printer Type
  • Desktop Barcode Printers
  • Industrial Barcode Printers
  • Mobile Barcode Printers
  • Others
• Printing Technology 
  • Thermal Transfer
  • Direct Thermal
  • Dot Matrix
  • Laser
  • Ink Jet
• Application
  • Industrial/Manufacturing
  • Transportation/Logistics
  • Retail
  • Healthcare
  • Government
  • Commercial Services
  • Others
• Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Key Players Insights
  • AVERY DENNISON CORPORATION
  • Avery Dennison Corporation
  • Brother Mobile Solutions Inc.
  • Canon Inc.
  • Dascom
  • GoDEX International Co., Ltd.
  • Honeywell International Inc.
  • Oki Electric Industry Co., Ltd.
  • Postek Electronics Co., Ltd.
  • Printek, Inc.
  • Printronix, Inc.
  • SATO Holdings Corporation
  • Toshiba Tec Corporation
  • TSC Auto ID Technology Co., Ltd.
  • Zebra Technologies Corporation