Barcode Printers Market Growth and Forecasts, 2024

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Barcode Printers Market Share, Size, Analysis, Growth, Trends
and Forecasts to 2024 | Hexa Research
The global barcode printers market value is projected to grow beyond USD 3.8 billion by
2024. Barcode printers are specialty printers which facilitate the printing tags or barcode
labels that are openly printed on or connected to physical objects. They are usually used to
tag cartons or retail objects with European Article Numbers (EANs) or Universal Product
Codes (UPCs) prior to shipment. They also find usage in printing barcodes on wristbands
for individual recognition in hospitals or events.
Key products are industrial printers, desktop printers, and mobile printers. Mobile printers
are mainly used by organizations’ sales employees for tickets, printing receipts, and labels,
irrespective of the place and name. Desktop printers can be used for printing low to mid volume labels, wristbands, receipts, and barcode. Industrial printers can also be used for
high volume purpose counting order labeling and warehouse labeling. They are intended to
function 24/7 in callous environments for mission critical operations.
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Several print technologies are accessible in the barcode printers industry, that can be
bifurcated into two chief groups, that is, impact and non -impact printing methods. Impact
printing consists of drum printers and dot matrix, while non-impact printing involves laser
printers, direct thermal, thermal transfer, and inkjet printers. Conversely, dot matrix
segment is said to be the inexpensive technique for creating low to medium density on -site
barcodes using numerous dots printed in matrix figure to make a sequence of lines and
spaces. Inkjet printing finds usage in settings where high production of barcodes is
necessary at a quicker pace.
Based on end-users, the market has been sliced into healthcare, shipping, retail,
government, manufacturing, retail, and shipping. Barcode printers in healthcare sector are
used for issuing wristbands and tags that assist in patient recognition and tracking services,
specimen labeling, and point of care (POC) medicine administration. Barcodes, in
manufacturing sector are used for inventory labeling used to establish inventory control
and allows work-in-progress (WIP) tracking.
North America and EMEA are anticipated to lead the barcode printers market in the
coming years owing to improved demand from the U.S. and Western European nations.
Key market players in the barcode printers market include Toshiba Tec, Zebra
Technologies, Honeywell Scanning & Mobility, Avery Dennison, and SATO Holdings
Corporation.
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The growth of organized retail and point of sale purchases is a major driver for this market. The growing demand for barcode wristbands is expected to have a positive impact on barcode printers market growth.

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