Market Size (2017)
2017
$2.40B
Vertical: SEMIBase Year: 20189 Sections
Market Size (2017)
2017
$2.40B
Projected (2025)
2025
$3.52B
CAGR (2017–2025)
4.9%
4.9%Key Players
110+
Barcode label printing has become a standard for a number of applications across industries. Specific printers are used to create these barcodes which help in saving time and manpower for stock management. Growth of the e-commerce industry and need for improvement in inventory management are factors contributing to the growth of the global barcode label printer market. The study also indicates that there would be a significant demand for barcode label printers in the manufacturing industry due to need for high accuracy and reduction of human errors. There has been a considerable increase in the demand for barcode printers. Increasing use of mobile printers and increased demand for packaged goods are the driving factors for the global barcode label printer market. However, the adoption of electronic shelf labels is expected to be a restraining factor for the market. The global barcode label printer market has been broadly classified by type, resolution, technology, and end user. By type, the barcode label printer market has been segmented into desktop printer, industrial printer, portable printer. Among these, the industrial printer segment dominated the market in 2018. By resolution, the barcode label printer market has been divided into below 300dpi, between 301 to 600 dpi, and above 600 dpi. The below 300dpi segment is expected to exhibit the highest CAGR during the forecast period. By technology, the market has been segmented into dot matrix, laser printing, thermal transfer, direct thermal, and inkjet. The direct thermal segment dominated the market in 2018. By end user, the market has been classified as manufacturing, transportation & logistics, retail, healthcare, government, and others. The manufacturing segment dominated the market in 2018. The global barcode label printer market comprises various manufacturers, government research firms, universities, and technical institutes that engage in research and development. The major players considered in the scope of barcode label printer market are Avery Dennison Corporation, Dascom Holdings Ltd, OKI Electric Industry Co., Ltd, Printronix Auto Id Inc., TSC Auto Id Technology Co., Ltd, Apogee Industries Inc., Sato Holdings Corporation, Honeywell International Inc., Zebra Technologies Corporation, Toshiba Tec Corporation, Canon Inc., and Fujitsu Ltd among others. The competition in the barcode label printer market is rapidly increasing owing to the entry of new players in the market serving various application areas.
The Barcode Label Printer Market market is projected to grow at a CAGR of 4.9% from 2017 to 2025.
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansA barcode label printer is designed to print labels with barcodes or QR codes that are affixed on the outer packaging of the product. The barcode label stores and reads an international article number (EAN), a uniform product code (UPC), and codes used in mailing, accounting, and any other purpose when scanned by a barcode scanner. These printers either use direct thermal or thermal transfer printing technologies to print labels. The direct thermal barcode labels are made from chemically treated materials that become unreadable when exposed to heat, sunlight, and other chemicals. Thermal transfer printing technology makes the use of a thermal print-head to provide better print quality. These printers are also used to print logos, graphics, color text, and other variations on a wide variety of print materials.
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View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2017 – 2018
Forecast Period
2018 – 2025
Primary Interviews
150+
Historical data (2017–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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View Subscription PlansMichael Porter’s Five Forces model is a framework to study the global barcode label printer market. Strategic business managers, trying to gain an edge over competing firms in the global barcode label printer market can utilize this model to better comprehend the industry in which the company operates. The components of each of the forces and the degree of impact of each component in the context of the global barcode label printer market have been broken down and analyzed.
Market estimates by geography (2025)
InsightAsia Pacific leads with $1.14B by 2025.
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View Subscription Plans| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| Middle East and Africa | $252.20M | $280.30M | $332.40M | 3.5% | 9% |
| North America | $552.40M | $621.00M | $745.10M | 3.8% | 21% |
| Asia Pacific | $692.00M | $861.30M | $1.14B | 6.5% | 33% |
| Europe | $772.10M | $906.40M | $1.14B | 4.9% | 32% |
| South America | $129.00M | $142.40M | $160.80M | 2.8% | 5% |
| Total | $2.40B | $2.81B | $3.52B | 4.9% | 100% |
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Analytical insights on Barcode Label Printer Market covering market dynamics, competitive landscape, and strategic outlook.
The Barcode Label Printer Market market is projected to reach $3.52B by 2025, growing at 4.9% CAGR.
The rapid pace of digitalization has tremendously widened the scope for the barcode label printer market. Barcode labels are printed in different sizes. Barcode label printing is particularly used for printing labels and label cartons with Universal Product Codes or European Article Numbers before product shipment. Various industry verticals are facing increased demand for high mobility, remote printing capabilities, and mobile workforce. As a result, the adoption of mobile barcode label printers is increasing. Mobile/portable barcode printers are suitable for various applications in the retail and healthcare industries. In healthcare, barcode label printers are used to label patients’ medical records, which is either tagged on the wrist of the patient or affixed on the patient’s record file. In addition, several retailers still practice manual shelf labeling, which requires quick access to barcode labels for affixing on the shelves which creates a high demand and need for mobile barcode printers and eliminates the need for manual entry. In addition, several mobile printers allow Wi-Fi connectivity which makes printing from mobile devices such as smartphones and tablets easier. With the emergence of different wireless technologies, cross-platform integration has gained immense popularity. Another technology used for mobile printing is infrared data association (IDA) which allows wireless infrared communication with a specific set of protocols. This improved connectivity makes it feasible to print barcode labels directly from the preloaded application in smartphones and tablets. Hence, the increasing demand for mobility and multi-functionality is driving the market for the barcode label printers.
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Profiles of 110 companies operating in the Barcode Label Printer Market market, including revenue, employee count, and market positioning where available.
Showing 110 of 110 companies
Brother International Corporation
Company Headquarters: New Jersey, US Founded: 1954 Workforce: ~1700 Company Working: Brother International Corporation is a subsidiary of Brother Industries, Ltd., a Japan-based company mainly engaged in the manufacture and sale of office equipment and supplies. The company operates in six business segments. The printing and solutions segment manufactures and sells communication and printing equipment like printers, multifunction devices and electronic stationery, among others. The personal and home segment is engaged in the manufacture and sale of household sewing machines. The machinery segment manufactures and sells industrial sewing machines, garment printer, machine tools, reducers and gears, etc. The network and contents segment is involved in the manufacture, sale and service of commercial karaoke equipment, and the provision of contents delivery services. The domino segment is engaged in the manufacture and sale of industrial printing equipment. The others segment is involved in the sale of other products and the sale and leasing of real estate. The company has manufacturing and distribution facility in Tennessee and the Western distribution facility in California. Through these locations the products are marketed to consumers and businesses in North America and across Latin America
TOSHIBA CORPROATION
Company Headquarters: Tokyo, Japan Founded: 1875 Workforce: ~153,450 Company Working: Toshiba Corporation is one of the global manufacturers of electronic and electrical products and systems. It operates through six business segments, which are energy systems & solutions, infrastructure systems & solutions, retail & printing solutions, storage & electronic devices solutions, industrial ICT solutions, and others. Toshiba International Corporation, a wholly-owned subsidiary of Toshiba Corporation, operates through five divisions– motors & drives, automotive, power electronics, photovoltaics, and transmission & distribution. Synchronous condensers are offered under the power electronics division. It provides a range of solutions for applications in general engineering, oil & gas, utilities, data centers, renewables, HVAC, water/wastewater, and mining industries. Toshiba America Inc., Toshiba TEC Corporation, and Toshiba Logistics Corporation are some of the subsidiaries of the company.
Zebra Technologies Corporation
Company Headquarters: US Founded: 1969 Workforce: ~7,400 Company Working: Zebra Technologies Corporation (Zebra Technologies) designs, manufactures, and sells a variety of automatic identification and data capture products including mobile computers, RFID readers, barcode scanners, real-time location systems, specialty printers for personal identification and barcode labeling, related accessories such as self-adhesive labels, software utilities, and applications. It also provides services such as technical support, repair, maintenance, and managed and professional services. It operates through two segments—asset intelligence and tracking (AIT) and enterprise visibility & mobility (EVM). The AIT segment consists of barcode, card printing, location services, supplies, and services. The EVM segment provides mobile computing, RFID, data capture solutions, and services. The company provides its products and services to end users across sectors, which include ecommerce, retail, transportation, manufacturing, government, and education. The company supplies its products and services globally using a direct sales force and an extensive network of channel partners. It provides its products and services in over 180 countries and has 109 facilities globally.
Dyno Nobel
Company Headquarters: US Founded: 1831 Workforce: ~3,800 Company Working: Dyno Nobel is among the leading manufacturers and providers of blasting solutions and quality explosives to the commercial explosives industry. It offers its products across mining, quarry, construction, pipeline, and geophysical exploration industries, worldwide. The company offers electronic initiation systems, sensitized bulk emulsions, and bulk explosives delivery equipment for underground mining applications. Its product line includes electric and non-electric initiation systems, cast boosters, and detonating cords that support a range of surface and underground construction applications from tunnels to utility contracts, pipeline spreads to mining development, and construction to road building and heavy civil contracts. Furthermore, Dyno Nobel has a strong distribution network with 36 manufacturing plants across the US, Australia and Mexico.
Sato Holdings Corporation
Company Headquarters: Tokyo, Japan Founded: 1940 Workforce: ~5,307 Company Working: Sato Holdings Corporation (Sato) is an automation recognition system manufacturer that offers customer solutions with the help of automatic recognition technologies such as auto-ID and labeling solutions. The company operates through three segments, namely, Auto-ID solutions business (Japan), Auto-ID solutions business (overseas), and IDP business. It manufactures and develops industrial printers, desktop printers, tag printers, print engines, RFID printers, feed laser printer, bar-code software, labels, tags, ribbons, wristbands, hand labelling devices, scanners, and others. The company offers its products and services for application in industries such as manufacturing, food & beverages, logistics, and healthcare. Sato has its operations, worldwide, in countries including the US, the UK, Vietnam, India, China, Thailand, the Philippines, Russia, Germany, France, Italy, Spain, South Korea, Mexico, Brazil, Argentina, Singapore, the Netherlands, and Australia. Sato Healthcare Co. Ltd., Design Promotion Co. Ltd., Sato Green Engineering Co. Ltd., Sato Impress Co. Ltd., and Sato Material Co. Ltd. are some of the subsidiaries of the company.
Dymo Corporation
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Barcode Label Printer Market