The organized retail has been continuously growing over the recent years and is expected to grow in the coming years as well. This growth in the organized retail sector has directly affected the demand for labeling which has impacted the barcode printers market. There are wireless barcode printers available which do not need cables and thus, free-up the working space. These wireless barcode printers have a high potential for growth in this market.
Sarasota, FL -- (SBWIRE) -- 09/13/2018 -- Barcode Printers Market: Overview
Barcode printers are basically used to print the labels or tags that are then attached to the concerned products. The barcode printers use thermal transfer techniques or direct thermal techniques to apply ink to the labels that are attached to the products. The barcode printed labels are most commonly used on retail items, of all types and sizes. The use of barcode printers varies from small businesses to large-scale industries. Barcodes are cost-effective as compared to the conventional labeling techniques and hence are widely preferred.
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Barcode Printers Market: Growth Factors
The organized retail has been continuously growing over the recent years and is expected to grow in the coming years as well. This growth in the organized retail sector has directly affected the demand for labeling which has impacted the barcode printers market. There are wireless barcode printers available which do not need cables and thus, free-up the working space. These wireless barcode printers have a high potential for growth in this market. The healthcare sector is also blooming which will largely impact the barcode printers market. The increase in the use of RFID which has more advantages as compared to the barcode printers is predicted to cause a significant resistance to the growth of this market. The growth of laser printers, impact printers, and inkjet printers is expected to be relatively slower in the future.
Barcode Printers Market: Segmentation
The barcode printers market is segmented on the basis of the product, the technology used, applications and region. On the basis of products, the market is categorized into mobile printers, desktop printers, and industrial printers. On the basis of technology used, the market is fragmented into impact printing technology and non-impact printing technology. On the basis of applications, the divisions include government services, healthcare, retail, shipping, and manufacturing. On the basis of region, the market is again divided into Asia Pacific, Europe, and Latin America, among others.
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Barcode Printers Market: Regional Analysis
North America which has the highest share in the barcode printers market is expected to continue its dominance in the coming years as well. Europe, Latin America, and the Asia Pacific are going to witness significant growth owing to the increase in the manufacturing in the respected regions. In the Asia Pacific, in countries such as India, China, and Japan, not only the manufacturing sector is blooming but the barcode printers are being sold at a much lower cost which is predicted to directly impact the growth of the barcode printers market.
Barcode Printers Market: Competitive Players
The key players in the global barcode printers market are Zebra Technologies, Toshiba Tec, Avery Dennison, Honeywell Scanning and Mobility. Other prominent players are Seiko Epson Corporation and Sato Holdings Corporation, Printronix, Dascom, Printek Inc., Oki Electric Co. Ltd., among others.
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Barcode Printers Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa