Barcode Printers Market Size
Barcode Printers Market Size valued at over USD 3 billion in 2020 and is projected to grow at a CAGR of more than 6% from 2021 to 2027. The global industry shipments are poised to cross 5 million units by 2027.
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Imagine thisevery time you visit the doctor, you slip on a barcode wristband. It's the 21st-century way of making sure you get the right treatment at the right time. Barcode wristbands aren't just for fun; they're making a big difference in the world of healthcare. They're helping to keep patients safe and reducing mistakes. Here's how it workswhen you get a wristband, it's scanned to make sure you're you. Then, everything from your medical history to your current meds is pulled up on a computer screen. When a doctor gives you medicine, they scan your wristband to double-check who you are and what you're supposed to take. It's like having a built-in safety net to prevent errors. The demand for barcode wristbands is skyrocketing because they're so effective. They're not only the future of patient care but also a huge win for patient safety.
The COVID-19 moderately impacted the barcode printers market credited to the lockdown imposed worldwide. Owing to the COVID-19 pandemic, scheduled product launches and related developments were postponed. This resulted in disruptions to the global supply chain and a decline in sales of barcode printers in the first half of 2020. The industry observed growth in the second half of 2020 attributed to the lockdown relaxation and the resumption of industrial activities. The barcode printers are used to print codes on syringe packages for the COVID-19 vaccine.
Barcode Printers Market Report Attributes
| Report Attribute |
Details |
| Base Year |
2020 |
| Barcode Printers Market Size in 2020 |
3 billion (USD) |
| Forecast Period |
2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR |
6% |
| 2027 Value Projection |
4.5 billion (USD) |
| Historical Data for |
2017 to 2020 |
| No. of Pages |
400 |
| Tables, Charts & Figures |
699 |
| Segments covered |
Product, Technology, Resolution, Connectivity, Application, Region |
| Growth Drivers |
- Rising implementation of industrial barcode printers in North America
- Increasing demand for thermal barcode printers in Europe
- The developing e-commerce industry of Asia Pacific
- Adoption of barcode printers for industrial applications in Latin America
- Growing demand in entertainment & hospitality applications in the MEA
|
| Pitfalls & Challenges |
- Increasing demand for RFID labels
- Poor printing quality of non-thermal barcode printers
|
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Barcode Printers Market Analysis
Imagine a world where every industrial workplace buzzes with the efficiency of barcode printers. These trusty machines are set to revolutionize the industry, with an impressive growth rate of 5% predicted up until 2027. Why? Because they're not just any ordinary printers. These industrial barcode printers are made to withstand the toughest of conditions. They're built like tanks, with sturdy steel frames that can handle everything from extreme heat and cold to dust and debris. They're the perfect partners for critical operations where accuracy and reliability are paramount. But don't let their rugged exterior fool you. These printers are also packed with features that make them a breeze to use. They've got user-friendly platforms, high-resolution printing, and even noise-reducing technology. Plus, they're ready to connect with Wi-Fi and Bluetooth, making them easy to integrate into any system. Companies like TSC Auto ID Technology Co., Ltd. and Zebra Technologies Corporation are leading the charge, offering printers with the latest and greatest features. They've got LCD displays for easy visibility, multiple resolutions for different printing needs, and various communication options for seamless connectivity. So, if you're looking to upgrade your industrial operations, these barcode printers are your ticket to efficiency and precision. They're the workhorses that will keep your business humming along smoothly.
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Thermal printing is growing fast in Germany! It's expected to grow by 14% each year until 2027, reaching over $60 million. Why is it so popular? Because businesses need clear, sharp text and graphics that can be easily read and scanned. Thermal printing also prints on any type of material and lasts a long time, making it ideal for warehouses, retail stores, hospitals, and factories. Plus, it's cheaper to maintain than other printing methods like inkjet, dot matrix, and laser. Thermal transfer printers are also built to last, making them a great choice for both industrial workplaces and offices.
Market leaders offer barcode printers with resolution of above 601 dpi, improving operational efficiency by creating readable characters and scannable barcodes on some of the smallest tags and labels. Barcode printers with print resolutions more than 601 dpi provide high-quality outputs to meet the demands of certain applications, where lower resolution printers cannot meet barcode-label standards.
Such barcode printers are employed in manufacturing applications that need small fonts and tiny barcodes including electronic board labeling and regulatory labels with serial numbers or symbols. High resolution barcode printers are used in medical applications that need small characters and barcodes. Barcode printers with above 601 dpi provide enhanced high-resolution printing capabilities for extremely small labels, including 0.75-inch wide by 0.25-inch tall, with precise font and barcode positioning requirements.
Imagine printing barcodes wirelessly! These printers team up with your devices through Bluetooth, Wi-Fi, even your phone or tablet! Plus, they're secure, so you can rest easy. These printers are like a Wi-Fi party, working seamlessly with your network. No need for complicated setups or costly servers. They've got a Bluetooth buddy that makes pairing a breeze. And if your device has NFC, just tap it and they'll become best friends. Wireless printers are a game-changer for your business. They save you money, streamline operations, and make on-the-spot printing a breeze. Oh, and they use thermal technology, which means they'll create crisp, clear labels every time. And with their long-lasting batteries, they're perfect for use on the go.
Barcode printers are like super assistants in factories! They make it a breeze to track products, keeping everything organized and running smoothly. Think of it this waybarcodes are like unique labels for every item. Barcode printers make these labels quickly and easily. So, instead of someone having to search high and low for a specific part, the barcode scanner can zip right to it, saving time and hassle. Not only that, barcode printers also make sure everything's in order and on schedule. They help manufacturers meet regulations, keep track of how things are made, and cut down on waste and costs. It's like having a constant eye on the factory floor, making sure the wheels keep turning. And get thisbarcode printers are like magic tricks for order accuracy. They can automatically create tags with barcodes, saving manufacturers from having to do it by hand. This means fewer mistakes and faster, more accurate shipping. So, if you own or run a factory, barcode printers are a no-brainer. They'll help you improve efficiency, reduce errors, and keep your customers happy. It's like giving your factory a superpower of organization and precision!
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The Asia Pacific barcode printers market captured 17% of the revenue share in 2020. According to India Brand Equity Foundation (IBEF), India’s e-commerce market is predicted to grow to USD 111.40 billion by 2025 from USD 46.2 billion as of 2020. This helps to increase the demand for barcode printers used in e-commerce inventory management. E-commerce warehouses use barcode printers to design tags and labels to optimize available space by relabeling pallets.
To support rising customer demand for faster shipments in warehouses, e-commerce market players use barcode printers to increase efficiency in the ordering, picking, packing, and shipping process. The barcode printers market will expand in APAC as barcode tags enhance efficiency and lower inventory management costs.
Barcode Printers Market Share
Key companies operating in the barcode printers market include
- Avery Dennison Corporation
- Bixolon Co. Ltd.
- Brother Industries Ltd.
- Citizen Systems Europe GmbH
- Cognitive TPG LLC
- Canon Inc.
- Godex International Co. Ltd.
- Honeywell International Inc.
- Labeltac
- Linx Printing Technologies Ltd (Linx)
- Oki Electric Industry Co., Ltd.
- Printek L.L.C
- Printronix, LLC
- Sato Holdings Corporation
- Seiko Epson Corporation
- Star Micronics Co. Ltd
- Toshiba Corporation
- TSC Auto ID Technology Co., Ltd
- Wasp Barcode Technologies
- Zebra Technologies Corporation
Market participants are introducing new barcode printers to give a wider range of printing solutions on flexible packaging. The efficient motor drive allows printer operation without compressed air, lowering overall costs while removing the need to change air pressures to ensure consistent print quality.
The barcode printers market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2017 to 2027 for the following segments
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Market, By Product
- Industrial
- Desktop
- Mobile
Market, By Technology
- Thermal transfer
- Direct thermal
- Laser
- Impact
- Inkjet
Market, By Resolution
- Below 300 dpi
- Between 301 & 600 dpi
- Above 601 dpi
Market, By Connectivity
Market, By Application
- Manufacturing
- Retail
- Government
- Transportation & logistics
- Entertainment & hospitality
- Others
The above information has been provided for the following regions and countries
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- India
- Japan
- South Korea
- Taiwan
- Latin America
- MEA
- Saudi Arabia
- South Africa
