The global barcode printer market size is expected to reach USD 7.52 billion by 2030, expanding at a CAGR of 7.8% from 2023 to 2030. Barcode printers are also called specialty printers that print barcode tags, receipts, and labels to be directly printed on or attached to physical objects. They are generally used to label cartons, receipts, and label retail, medical, and food items with European Article Numbers (EANs) or Universal Product Codes (UPCs) before shipment.
Moreover, the market is experiencing rapid advancements in technology. These advancements are leading to the introduction of more efficient and user-friendly barcode printers. For instance, the latest barcode printers can print on a variety of substrates, such as paper, plastic, metal, and wood. This helps reduce production costs and improve the quality of the final product.
The market is projected to be driven by the rising demand for industrial printers across various industrial sectors. The growing adoption of barcode printers owing to their ability to streamline logistics operations is driving the growth. While barcode printers are providing an efficient way to monitor products during their movement along the supply chain, they are also helping in storing IoT numbers and serial numbers to handle the information while the product moves through different channels, thereby encouraging the adoption of barcode printers.
Several manufacturing entities are adopting modern printing technologies to rake in various benefits, such as simplified workflows, reduced prices, and increased quality assurance, thereby driving the adoption of barcode printers across the globe. Market players are responding to the situation by introducing innovative solutions in line with the evolving demands from the incumbents of various end-use industries and industry verticals. Moreover, the growing demand for packaged food in countries such as China and India is particularly expected to fuel the demand for barcode printers over the forecast period.
Aggressive investments by the government to encourage the industry incumbents to adopt the latest technologies, including barcode technology, bode well for market growth. Barcode technology is increasingly being used for robotics, which means the continued implementation of robots across various industries translates into a growing demand for barcode printers. For instance, as per the statistics provided by the International Federation of Robotics (FIR), almost 21,700 industrial robots have been deployed across the industrial sector in the U.K.
The outbreak of the COVID-19 virus across the globe took a severe toll on the global economy. However, it played a significant role in fueling the growth of the barcode printer industry. While the launch and distribution of several products had to be deferred owing to the lockdowns and restrictions on the movement of people and goods executed as part of the efforts to arrest the spread of coronavirus, the installation of barcode systems gained noticeable traction in the manufacturing industry, where barcodes were installed to maintain social distancing without compromising the efficiency of the inventory management.
The market is consolidated and is anticipated to witness increased competition due to the presence of several key players. In January 2023, AVERY DENNISON CORPORATION signed an agreement to acquire Thermopatch, expanding its Retail Branding as well as Information Solutions (RBIS) Apparel Solutions division. Additionally, leverage Thermopatch's know-how and services to drive growth in external embellishments.
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Moreover, the market is experiencing rapid advancements in technology. These advancements are leading to the introduction of more efficient and user-friendly barcode printers. For instance, the latest barcode printers can print on a variety of substrates, such as paper, plastic, metal, and wood. This helps reduce production costs and improve the quality of the final product.
The market is projected to be driven by the rising demand for industrial printers across various industrial sectors. The growing adoption of barcode printers owing to their ability to streamline logistics operations is driving the growth. While barcode printers are providing an efficient way to monitor products during their movement along the supply chain, they are also helping in storing IoT numbers and serial numbers to handle the information while the product moves through different channels, thereby encouraging the adoption of barcode printers.
Several manufacturing entities are adopting modern printing technologies to rake in various benefits, such as simplified workflows, reduced prices, and increased quality assurance, thereby driving the adoption of barcode printers across the globe. Market players are responding to the situation by introducing innovative solutions in line with the evolving demands from the incumbents of various end-use industries and industry verticals. Moreover, the growing demand for packaged food in countries such as China and India is particularly expected to fuel the demand for barcode printers over the forecast period.
Aggressive investments by the government to encourage the industry incumbents to adopt the latest technologies, including barcode technology, bode well for market growth. Barcode technology is increasingly being used for robotics, which means the continued implementation of robots across various industries translates into a growing demand for barcode printers. For instance, as per the statistics provided by the International Federation of Robotics (FIR), almost 21,700 industrial robots have been deployed across the industrial sector in the U.K.
The outbreak of the COVID-19 virus across the globe took a severe toll on the global economy. However, it played a significant role in fueling the growth of the barcode printer industry. While the launch and distribution of several products had to be deferred owing to the lockdowns and restrictions on the movement of people and goods executed as part of the efforts to arrest the spread of coronavirus, the installation of barcode systems gained noticeable traction in the manufacturing industry, where barcodes were installed to maintain social distancing without compromising the efficiency of the inventory management.
The market is consolidated and is anticipated to witness increased competition due to the presence of several key players. In January 2023, AVERY DENNISON CORPORATION signed an agreement to acquire Thermopatch, expanding its Retail Branding as well as Information Solutions (RBIS) Apparel Solutions division. Additionally, leverage Thermopatch's know-how and services to drive growth in external embellishments.
Barcode Printer Market Report Highlights
- The industrial printers segment is expected to dominate the market and expand at a CAGR of 7.9% from 2023 to 2030
- The direct transfer technology segment is projected to grow at the highest CAGR over the forecast period
- The manufacturing segment dominated the overall market with a revenue share of 34.6% in 2022 and is expected to witness a CAGR of over 5.0% during the forecast period.
- The primary source markets for barcode printers are the U.S., Japan, China, India, the U.K., Canada, Germany, France, and Mexico. The U.S. dominated the market in 2022. The country is home to several leading market players, all of which are investing aggressively in advancing their technology and introducing innovative barcode printers for various industries and industry verticals
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Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Research Methodology
1.4. Research Assumptions
1.5. List of Data Sources
1.5.1. Secondary Sources
1.5.2. Primary Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope Outlook
3.1. Market Lineage Outlook
3.2. Barcode Printers Market - Value Chain Analysis
3.3. Barcode Printers Market Dynamics
3.3.1. Market Driver Analysis
3.3.2. Market Restraint Analysis
3.3.3. Market Opportunity Analysis
3.4. Barcode Printers Market - Porter's Five Forces Analysis
3.4.1. Supplier power
3.4.2. Buyer power
3.4.3. Substitution threat
3.4.4. Threat from new entrant
3.4.5. Competitive rivalry
3.5. Barcode Printers Market - PEST Analysis
3.5.1. Political landscape
3.5.2. Economic landscape
3.5.3. Social landscape
3.5.4. Technology landscape
3.6. COVID-19 Impact Analysis
Chapter 4. Barcode Printers Market Product Outlook
4.1. Barcode Printers Market, By Product Analysis & Market Share, 2022 & 2030
4.2. Desktop Printers
4.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.3. Mobile Printers
4.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
4.4. Industrial Printers
4.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
4.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 5. Barcode Printers Market Technology Outlook
5.1. Barcode Printers Market, By Technology Analysis & Market Share, 2022 & 2030
5.2. Thermal Transfer
5.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.3. Direct Transfer
5.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.4. Laser
5.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.5. Impact
5.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
5.6. Inkjet
5.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
5.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 6. Barcode Printers Market End-user Outlook
6.1. Barcode Printers Market, By End-user Analysis & Market Share, 2022 & 2030
6.2. Healthcare
6.2.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.2.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.3. Manufacturing
6.3.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.3.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.4. Retail & E-commerce
6.4.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.4.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.5. Transportation & Logistics
6.5.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.5.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.6. Government
6.6.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.6.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
6.7. Others
6.7.1. Market estimates and forecasts, 2017 - 2030 (USD Million)
6.7.2. Market estimates and forecasts, By Region, 2017 - 2030 (USD Million)
Chapter 7. Barcode Printers Market: Regional Estimates & Trend Analysis
7.1. Barcode Printers Market Share by Region, 2022 & 2030
7.2. North America
7.2.1. Market estimates and forecasts, 2017 - 2030
7.2.2. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.2.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.2.4. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.2.5. U.S.
7.2.5.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.2.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.2.5.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.2.6. Canada
7.2.6.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.2.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.2.6.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.2.7. Mexico
7.2.7.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.2.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.2.7.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecasts, 2017 - 2030
7.3.2. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.3.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.3.4. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.3.5. Germany
7.3.5.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.3.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.3.5.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.3.6. U.K.
7.3.6.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.3.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.3.6.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.3.7. France
7.3.7.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.3.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.3.7.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.4. Asia-Pacific
7.4.1. Market estimates and forecasts, 2017 - 2030
7.4.2. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.4.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.4.4. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.4.5. China
7.4.5.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.4.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.4.5.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.4.6. Japan
7.4.6.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.4.6.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.4.6.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.4.7. India
7.4.7.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.4.7.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.4.7.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.5. South America
7.5.1. Market estimates and forecasts, 2017 - 2030
7.5.2. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.5.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.5.4. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.5.5. Brazil
7.5.5.1. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.5.5.2. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.5.5.3. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
7.6. Middle East & Africa
7.6.1. Market estimates and forecasts, 2017 - 2030
7.6.2. Market estimates and forecasts, By Product, 2017 - 2030 (USD Million)
7.6.3. Market estimates and forecasts, By Technology, 2017 - 2030 (USD Million)
7.6.4. Market estimates and forecasts, By End-user, 2017 - 2030 (USD Million)
Chapter 8. Barcode Printers Market Competitive Landscape
8.1. Key Market Participants
8.1.1. AVERY DENNISON CORPORATION
8.1.2. Canon Inc.
8.1.3. Dascom
8.1.4. Honeywell International Inc.
8.1.5. Oki Electric Industry Co., Ltd.
8.1.6. Printronix
8.1.7. SATO Holdings Corporation.
8.1.8. Zebra Technologies Corp
8.1.9. Toshiba Tec Corporation
8.2. Key Company Market Share Analysis, 2022
8.3. Company Categorization/Position Analysis, 2022
8.4. Strategic Mapping
8.4.1. Expansion
8.4.2. Acquisition
8.4.3. Collaborations
8.4.4. Product/service launch
8.4.5. Partnerships
List of Tables
Table 1 Global Barcode Printers Market Revenue Estimates and Forecast, By Product, 2017 - 2030 (USD Million)
Table 2 Global Barcode Printers Market Revenue Estimates and Forecast, By Technology, 2017 - 2030 (USD Million)
Table 3 Global Barcode Printers Market Revenue Estimates and Forecast, By End-Use, 2017 - 2030 (USD Million)
Table 4 Global Barcode Printers Market Revenue Estimates and Forecast, By Region, 2017 - 2030 (USD Million)
Table 5 Company Heat Map Analysis
Table 6 Key Companies undergoing acquisition.
Table 7 Key Companies launching new products & developing the existing products.
Table 8 Key Companies undertaking other strategies.
List of Figures
Fig. 1 Barcode Printers Market Segmentation
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Segment Snapshot
Fig. 9 Competitive Landscape Snapshot
Fig. 10 Inkjet Printers Market Value, 2017-2030 (USD Million)
Fig. 11 Barcode Printers - Industry Value Chain Analysis
Fig. 12 Barcode Printers Market Dynamics
Fig. 13 Barcode Printers Market: PORTER’s Analysis
Fig. 14 Barcode Printers Market: PESTEL Analysis
Fig. 15 Barcode Printers Market, by Product: Key Takeaways
Fig. 16 Barcode Printers Market, by Product: Market Share, 2022 & 2030
Fig. 17 Desktop barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 18 Mobile barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 19 Industrial barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 20 Barcode Printers Market, by Technology: Key Takeaways
Fig. 21 Barcode Printers Market, by Technology: Market Share, 2022 & 2030
Fig. 22 Barcode Printer by Thermal transfer technology market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 23 Barcode Printer by Direct transfer technology market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 24 Barcode Printer by Laser technology market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 25 Barcode Printer by Impact technology market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 26 Barcode Printer by Ink-Jet technology market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 27 Global Barcode Printer Market, by End-Use: Key Takeaways
Fig. 28 Global Barcode Printer Market, by End-Use: Market Share, 2022 & 2030
Fig. 29 Healthcare barcode printer market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 30 Manufacturing barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 31 Retail & E-commerce barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 32 Transportation & Logistics barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 33 Government barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 34 Others barcode printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 35 Global Barcode Printers market revenue, by region, 2022 & 2030 (USD Million)
Fig. 36 North America Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 37 U.S. Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 38 Canada Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 39 Mexico Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 40 Europe Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 41 UK Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 42 Germany Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 43 France Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 44 Asia Pacific Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 45 China Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 46 India Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 47 Japan Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 48 South America Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 49 Brazil Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 50 Middle East & Africa (MEA) Barcode Printers market estimates & forecasts, 2017 - 2030 (USD Million)
Fig. 51 Key Company Categorization
Fig. 52 Company Market Share Analysis, 2021
Fig. 53 Strategic Framework
Companies Mentioned
- AVERY DENNISON CORPORATION
- Canon Inc.
- Dascom
- Honeywell International Inc.
- Oki Electric Industry Co., Ltd.
- Printronix
- SATO Holdings Corporation.
- Zebra Technologies Corp
- Toshiba Tec Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 97 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.2 Billion |
| Forecasted Market Value ( USD | $ 7.52 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
