Barcode Label Printer Market Rising at 8.45% CAGR to 2021
The barcode label printer market report covers the present scenario and the growth prospects of the global market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
November 24, 2017 /MarketersMedia/ —
Barcode Label Printer Market 2017-2021 report is rising omni channel retailing. Barcode Label Printer Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Retailers sell their products and goods through multiple mediums such as brick and mortar stores, m-commerce, and e-commerce, which is called omnichannel retailing. With the growing penetration of the Internet and the improving network infrastructures, retailers have started increasing their reach and have revolutionized the shopping experience for customers with the help of e-commerce and m-commerce.
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The analysts forecast global barcode label printer market to grow at a CAGR of 8.45% during the period 2017-2021. According to the report, one driver in the market is premiumization through product innovation. Premiumization of product through innovation is driving the global barcode label printer market. The need for automatic item identification is predominant across all sectors, making barcodes a timeless labeling necessity. Barcode printing is gaining traction across various sectors. The vendors of barcode printers are extending their product lines and expanding their production capacities to meet the growing demands of end-users. They are also focusing on adopting new data collection technologies that can be incorporated into their existing product lines.
A barcode label printer is used to print labels or tags directly on physical objects. Barcode label printers are used for printing barcodes and product labels. These printers are slightly different from traditional printers as these printers use various types of consumables to achieve a barcode print image The global barcode label printer and scanner market consists of two products, namely barcode scanners and barcode label printers. The market for barcode scanners is growing at a steady rate. Barcode label printers are mainly used for work-in-process tracking, order picking/packing, back-of-store operations, lab sample tracking, reverse logistics, and inventory management in various industries.
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Top players in the global barcode label printer market are Avery Dennison, Honeywell International, TOSHIBA TEC, and Zebra Technologies. Other Prominent Vendors in the market are: Barcodes, Brother International, DASCOM, Oki Electric Industry, Postek Electronics, Printek, PRINTRONIX, SATO HOLDINGS, Seiko Epson, TSC Auto ID Technology, and Wasp Barcode Technologies.
Further, the barcode label printer market report states that one challenge in the market is increased adoption of RFID printers. The increased adoption of RFID printers is hindering the growth of the global barcode label printer market. The RFID label printer is used to print labels that have information such as a unique ID or an electronic product code, and labels are marked with a barcode and human-readable text by the printers. RFID printers are designed for mass printing and encoding applications. RFID printers consist of a reader and a printer combined into one machine. Barcodes can store a limited amount of data compared with RFID tags, which have a non-volatile memory and can store up to 8 kb of information in some cases (the lowest being the reserved memory of 32 bits).
Table of Contents
PART 01: Executive Summary
PART 02: Scope of the Report
PART 03: Research Methodology
PART 04: Introduction
Market Outline
PART 05: Market Landscape
Market Overview
Market Size and Forecast
Five Forces Analysis
PART 06: Market Segmentation by Product
Global Barcode Label Printer Market by Product
Comparison by Product
Industrial Printers – Market Size & Forecast
Desktop Printers – Market Size & Forecast
Mobile Printer – Market Size & Forecast
Market Opportunity by Product
PART 07: Market Segmentation by Application
Global Barcode Label Printer Market by Application
Comparison by Application
Manufacturing – Market Size & Forecast
Transportation and Logistics – Market Size & Forecast
Retail – Market Size & Forecast
Healthcare – Market Size & Forecast
Others – Market Size & Forecast
Market Opportunity by Application
PART 08: Regional Landscape
Global Barcode Label Printer Market by Geography
Regional Comparison
Americas – Market Size & Forecast
APAC – Market Size & Forecast
EMEA – Market Size & Forecast
Key Leading Countries
Market Opportunity
PART 09: Decision Framework
PART 10: Drivers and Challenges
Market Drivers
Market Challenges
PART 11: Market Trends
Rising Omnichannel Retailing
Continuous Upgrade of Products by Vendors
Increasing Investments in R&D
PART 12: Vendor Landscape
Competitive Scenario
Key Players in Global Barcode Label Printer Market
Competitive Assessment of Top Four Players
PART 13: Vendor Analysis
Avery Dennison
Honeywell International
Toshiba Tec
Zebra Technologies
Other Prominent Vendors
PART 14: Appendix
List of Abbreviations
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