Rising demand for on-the go label printing has been resulting in rapid adoption of portable printer. Moreover, the integration of technology in portable wireless printers that is designed to work on variety of bar coding systems such as QR and MAXI is expected to drive demand market over the forecast period.
The rising awareness of benefits of potable printers is expected to positively impact revenue growth of the market over the forecast period. Potable printers allow users to print from any devices other than just laptops or compact storage cards, saves time as one can print a document from anywhere, offers security and supports flexible working. These printers provider greater productivity, and accuracy during the management process, compared with traditional office printers which require a huge space and time.
Furthermore, government emphasis on digitalization has resulted in internet penetration and use of cloud platforms and connected devices globally. This factor has been opening up open new and more lucrative opportunities for players operating in the global portable printer market. The players are coming up with features like Wi-Fi and Wi-Fi Direct Connectivity with portable printers, Liquid Crustal Display (LCD) screen and compatibility with Epson iPrint, Apple AirPrint and Google Cloud Print.
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Some Key Highlights From the Report:
On the basis of technology, the market report is segmented into impact, thermal and inkjet. Among these, thermal segment is expected to register a significantly rapid revenue CAGR during the forecast period as it is widely used in printing documents, asset management tags, in creation of safety designs, barcode labels and shipping labels. The durability of thermal printers, high quality print and less maintenance cost are other factors expected to drive demand for thermal printers.
On the basis of industry vertical, the market report is segmented into transportation & logistics, healthcare, telecom, retail, others. Among these, transportation & logistics segment is expected to register robust revenue CAGR during the forecast period due to increasing need of cost effective receipt printers, and technological advancements in portable computing.
Asia Pacific portable printer market is expected to register fastest revenue growth rate and dominate other regional markets over the forecast period. This is due to rapid growth in e-commerce sector and ongoing trend of remote working due to Covid 19 pandemic in countries in the region.
Market Scope:
One of the report’s central components is the broad Portable Printer Materials market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Portable Printer Materials market players.
Some major players in the market research report include, Canon, Inc., Bixolon Co., Ltd., Brother Industries Ltd., Honeywell International, Inc., Fujitsu Ltd., Hewlett-Packard Enterprise, Printek LLC, Toshiba TEC Corporation, Polaroid Corporation, and Zebra Technologies Corporation.
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Segments covered in the report:
For the purpose of this report, Emergen has segmented the global portable printer market on the basis of technology, industry vertical, and region:
By Technology Outlook (Revenue, USD Million; 2018 – 2028)
- Impact
- Thermal
- Inkjet
By Industry Vertical Outlook (Revenue, USD Million; 2018 – 2028)
- Transportation & Logistics
- Healthcare
- Telecom
- Retail
- Others
Key point summary of the report:
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa
- It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
- The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
Thank you for reading our report. Customization of the report is available. To know more, please connect with us, and our team will ensure the report is customized as per your requirements.
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