Download presentation
Presentation is loading. Please wait.
1
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Barcode Printers Market Set to Record Exponential Growth by 2024: Global Market Insights, Inc.
2
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The industry is characterized by the increasing demand for customized product solutions, evolving industry standards, distribution channels, changing security protocols, and frequent introduction of new products & services. To remain competitive in the industry, companies are increasingly focusing on providing superior customer service, high levels of quality & reliability, efficient & dependable distribution networks, and technologically-advanced systems. The Barcode Printers Market provides significant growth opportunities for the component & raw material suppliers, manufacturers, integrators, and distributors in terms of revenue share. The increasing demand for barcode wristbands in the healthcare sector for patient identification is anticipated to have a positive impact on the barcode printers market growth. Hospitals across the globe are mandating policies, which require the patients to wear a barcode identification band during their stay in the hospital. Barcode bands allow hospital staffs to provide speedy and accurate data entry, reducing the medical errors. It helps in enhancing the efficiency as compared to the physical entry of data. Barcode Printers Market overview
3
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The global ongoing trade developments are anticipated to drive the barcode printers market growth over the forecast timeline. The growth can be attributed to the increasing number of shipments exported or imported, labeled & coded with barcodes for recording and storing the data associated with the goods and products. The barcode technology is being increasingly utilized in the retail sector where it has become a standard for labeling and storing the product’s data, allowing the staff to offer smooth services to the customers. The growth in the retail industry can be accredited to the rising disposable incomes, providing a boost to the e- commerce sector, positively driving the barcode printers market growth. Continue…
4
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report Of Barcode Printers Market @ https://www.gminsights.com/industry-analysis/barcode-printers-market-size Request for a Sample of this Research report @ https://www.gminsights.com/request-sample/detail/147
5
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com UK barcode printers market, by application, 2017 & 2024 (USD Million)
6
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Mobile barcode printers market is expected to witness a significant growth at over 9% CAGR over the forecast timeline. It can be attributed to the ease-of-usage offered by these printers in several field-based applications. The mobile barcode printers are gaining popularity across retail & warehousing applications to issue authentic invoices, printing e-citation & mobile receipts regardless of the time and place. They are ideal solutions for printing-on-the-go, creating high-quality receipts & labels in any environment, outdoors, or indoors. Thermal-based printers comprise more than 65 percent of the overall barcode printers market share. Due to the features, such as high speed, low noise, and ease-of-cleaning and reliability offered, the thermal-based printers are increasingly utilized across several applications. The direct thermal technology is expected to witness growth over the forecast time span owing to the improved durability and low operational costs. These systems are ideal solutions for applications such as shipping labels and printing receipts and can develop barcode images on the material without a ribbon, making it eco-friendly. Continue…
7
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Barcode Printers Industry Background
8
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com The barcode printers market is highly competitive, witnessing intense competition among the players. Furthermore, the industry is slightly dynamic in nature characterized by innovations and advancements in the product portfolio. Players are making huge investments and spending a significant share of the revenue on the research & development. Prices of products as well as the manufacturing costs are predicted to decline owing to the maturity of products & technologies. Continue…
9
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components Methodology
10
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market Insight Coverage|
11
© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media:
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.