The Europe, Middle East & Africa portable printer market was valued at $1,374.0 million in 2017, and is projected to reach $2,183.9 million by 2025, registering a CAGR of 5.8% from 2018 to 2025. The thermal segment captured the highest market share of 72.8% in 2017, and is expected to be dominant throughout the forecast period.
Growth in internet penetration and rise in adoption of smart devices in Europe, Middle East, and Africa propel the adoption of portable printers in these regions. In addition, rise in adoption of smart devices, such as tablets and smartphones, provides ease of access and flexibility to users, enabling them to print documents as per their requirements, which fuels the market growth. Moreover, proliferation of online businesses, such as e-commerce, requires optimized inventory control and management. Inventory control involves movement of goods & services that require various labelling tasks related to address, pallet, and others for security and traceability of products, which further boosts the market for portable printers. In addition, rise in mobile workforce management among industries, which allows employees to work remotely and remain connected through smartphones, computers, or other digital devices through the internet, drives the market for portable printers. Mobile workforce requires portable printers to access the appropriate documentation or deliver documents or receipts to clients to close the deal.
However, rise in investment on digitization, which reduces the requirement of printed documents, across the Europe, Middle East, and Africa, is expected to restrict the market growth. Increase in trend of digital receipts minimizes the use of printed receipts; for instance, online food services, such as Foodpanda, have been providing e-receipts to consumers, thus replacing the need for mobile printers. As services are getting more digitalized, the adoption of mobile printers, especially for receipt printing, is restricted. Conversely, R&D on better battery runtime time and availability of a higher number of pages are expected to provide potential growth opportunities for the market. Owing to technological advancements, several companies have been investing on R&D to improve the efficiency and capacity of the portable printers; for instance, Fujitsu Components America, Inc. introduced a wireless Bluetooth portable printer compatible with iOS, Android, and Windows mobile devices, which is capable 120 mm/sec. print speeds.
The Europe and Middle East & Africa portable printer market is segmented by technology, industry vertical, and region. According to technology, it is classified into inkjet, thermal and impact. On the basis of industry vertical, it is categorized into retail, transport & logistics, healthcare, telecom and others. Region wise, it is analyzed across Europe and Middle East & Africa.
Key Benefits For Portable Printer Market:
- This study comprises the analytical depiction of the Europe, Middle East & Africa portable printer market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to gain a stronger coverage in the market.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
Portable Printer Key Market Segment:
By Technology
- Inkjet
- Thermal
- Impact
By Industry Vertical
- Retail
- Transport & Logistics
- Healthcare
- Telecom
- Others
By Region
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- Rest of Middle East
- Africa
What is the estimated value of the Europe, Middle East & Africa Portable Printer Market?
What is the growth rate of the Europe, Middle East & Africa Portable Printer Market?
What is the forecasted size of the Europe, Middle East & Africa Portable Printer Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 167 |
| Published | September 2018 |
| Forecast Period | 2017 - 2025 |
| Estimated Market Value ( USD | $ 1374 million |
| Forecasted Market Value ( USD | $ 2183.9 million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Africa, Europe, Middle East |
Table of Contents
Executive Summary
According to a recent report titled, Europe, Middle East & Africa Portable Printer Market: Opportunity Analysis and Industry Forecast, 2018 - 2025, the Europe and Middle East & Africa portable printer market was valued at $1,374.0 million in 2017, and is projected to reach $2,183.9 million by 2025, registering a CAGR of 5.8% from 2018 to 2025.
At present, Europe dominates the Europe, Middle East & Africa portable printer market, whereas Middle East & Africa is expected grow at a significant rate during the forecast period.
A portable printer is applicable across various industry verticals such as retail, transport & logistics, healthcare, telecom, manufacturing, hospitality, and others. For instance, in the retail sector, portable printer helps in providing better service and a more profitable business through relevant consumer engagement, increased sales conversion, and superior customer loyalty by providing instantaneous receipts or documentation about the necessary products. Owing to these benefits and increased adoption of technology in the retail sector, on the basis of industry vertical, the retail sector garnered the highest market share in 2017.
Key Findings of the Europe, Middle East & Africa Portable Printer Market:
- The thermal segment generated the highest revenue in terms of technology in 2017.
- In 2017, the retail sector was the highest revenue contributor in the industry vertical category.
- The transport & logistics sector is anticipated to exhibit the highest CAGR during the forecast period.
- In 2017, Europe contributed the highest market revenue in the Europe,Middle East & Africa portable printer market.
The key players operating in the portable printers market are Bixolon Co., Ltd., Brothers Industries, Ltd., Canon, Inc., Printek LLC, Fujitsu Limited, Hewlett Packard Enterprise (Hewlett Packard Enterprise Development LP), Honeywell International, Inc., PLR IP Holdings, LLC (Polaroid Corporation), Toshiba Corporation (Toshiba TEC Corporation), and Zebra Technologies Corporation.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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