The latest report on Barcode Printers Market by Infinium Global Research gives complete coverage of the Barcode Printers Market by ypes (dot matrix, ink jet, direct thermal, thermal transfer), connectivity (wired, and wireless),application (manufacturing, government, transportation & logistics, retail, healthcare, entertainment & hospitality, and others) in terms of key trends, market size, forecast and CAGR growth over the period of 2018 to 2024. In addition, the study covers deep dive into key product and applications trends in the regional markets of Barcode Printers such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
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Rising Number of Online Buyers and Transactions Coupled with Growth in E-Commerce is Expected to Fuel the Market in the Forecast Period
A barcode printer is a device that helps to produce barcode tags or labels that are printed objects. Barcode printer use either direct thermal transfer or thermal transfer techniques to apply ink to labels.
Direct thermal printers are easy to operate and it can easily scan the barcode labels. These printers print on numerous kinds of stock with sharp print quality and provide durable and reliable use in applications such as industrial operations and shipping etc. direct thermal printers are sensitive to the environment while thermal transfer printers are long lasting and can withstand heat, moisture, and abrasion. These two printers preferred mostly than dot matrix, ink jet printers, and laser printers owing to its ability to produce single barcodes with low cost, and tendency to heat the adhesive on the labels.
The global barcode printer market is primarily driven by the rising adoption of barcode across various end-use industries such as transportation, manufacturing, healthcare, retail, and logistics. In addition, a rising number of online buyers and transactions coupled with growth in e-commerce is expected to fuel the market in the forecast period. Moreover, various benefits such as inexpensive, easy design and reduced error are augmenting the use of barcode printers that in turn fuels the growth of barcode printer market.
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Manufacturers are Using Barcode Printing Technology to Help Cut Costs, Streamline Operations, and Improve Quality Control
Manufacturers are using barcode printing technology to help cut costs, streamline operations, and improve quality control that fuels the growth of barcode printer market. However, advanced tags and availability of conventional printers as a substitute hamper the growth of barcode printer market. Nevertheless, rising adoption of barcode printing techniques in the healthcare sector is providing beneficial opportunities for barcode printer market in the near future.
Among the geographies, North America dominates barcode printer market owing to the rising use of barcode in several applications and industries such as manufacturing, logistics, transportation, and healthcare. The Asia Pacific is expected to register substantial growth owing to rising investment in the manufacture and retail industries.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Barcode Printers.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.