Thermal printing is primarily used for creating labels, safety signs, barcodes, and similar applications. A thermal printer uses heat for producing image on paper. Increasing brand and label awareness have created a demand for thermal printing. Emergence of e-commerce platforms and adoption of automatic identification and data capture technologies has given a boost to the current thermal printing landscape.
MARKET DYNAMICS
The thermal printing market is anticipated to witness decent growth in the forecast period on account of the growth of e-commerce industry and increasing usage of the technology for on-demand printing applications. Besides, growing concerns towards product safety and anti-counterfeit are further expected to augment the market growth. However, strict printing regulations may hamper the growth of the thermal printing market. On the other hand, demand for barcode printers in the supply chain is likely to offer significant growth opportunity for the key players operating in the thermal printing market.
MARKET SCOPE
The "Global Thermal Printing Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of thermal printing market with detailed market segmentation by technology, printer type, verticals, and geography. The global thermal printing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thermal printing market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thermal printing market is segmented on the basis of technology, printer type, and vertical. Based on technology, the market is segmented as direct thermal (DT), thermal transfer (TT), and dye diffusion thermal transfer (D2T2). On the basis of the printer type, the market is segmented as Barcode printers, RFID printers, POS printers, kiosk & ticket printers, and others. The market on the basis of the vertical is classified as industrial & manufacturing, healthcare, transportation & logistics, retail, government, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thermal printing market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The thermal printing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting thermal printing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the thermal printing market in these regions.
MARKET PLAYERS
The reports cover key developments in the thermal printing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from thermal printing market are anticipated to lucrative growth opportunities in the future with the rising demand for thermal printing in the global market. Below mentioned is the list of few companies engaged in the thermal printing market.
The report also includes the profiles of key thermal printing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- Bixolon
- Brother Industries, Ltd.
- Fujitsu Ltd.
- Honeywell International Inc.
- Sato Holdings Corporation
- Seiko Epson Corporation
- Star Micronics Co., Ltd.
- Toshiba Corporation
- TSC Auto ID Technology Co., Ltd
- Zebra Technologies Corp.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.