Thermal Printing Market Share, Trends, Demand, Growth, Future Trends and Case Studies 2023-2030
Thermal Printing Market Overview:
The thermal printing market reached $ 41,797.61 Million in 2022 and is expected to reach
$ 61,398.90 Million by 2030, growing at a CAGR of 5.1%. Thermal printing
technology utilizes heat to create images on specially coated paper, offering
advantages like speed, affordability, and low maintenance. It finds
applications across various industries, including retail, logistics,
healthcare, and manufacturing.
Thermal Printing Market Drivers:
E-commerce
boom: The rise of e-commerce has fueled demand for thermal printers for label
printing, shipping receipts, and barcode generation.
Increasing
automation: Automation in various industries, such as logistics and
manufacturing, drives the need for efficient and reliable printing solutions
like thermal printers.
Growing
demand for product traceability: Concerns about product authenticity and safety
have increased the adoption of thermal printing for track & trace
applications.
Advancements
in technology: Innovations like mobile thermal printers and multi-colored
printing capabilities are expanding the market's reach.
Thermal Printing Market Segmentation:
By Printer
Type: POS printers, Barcode printers, Kiosk & Ticket printers, RFID
printers, and Card Printers
By Format
Type: Industrial Format, Desktop Format, and Mobile Format
By
Technology: Direct Thermal (DT), Thermal Transfer (TT), and Dye Diffusion
Thermal Transfer (D2T2).
By End-User:
Transportation & Logistics, Retail, Healthcare, Manufacturing, and Others
By Region: North
America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Thermal Printing Market Key Players:
Zebra
Technologies Corporation
Sato
Holdings Corporation
Honeywell
International Inc.
Bioxolon
Brother
International Corporation
Star
Micronics Co. Ltd.
Toshiba Tec
Corporation
TSC Auto ID
Technology Co. Ltd.
Avery Dennison
Corporation
Xiamen
Rongta Technology Co. Ltd.
Fujitsu
Dascom
Thermal Printing Market Regional
Analysis:
North
America is the largest market, followed by Europe and Asia Pacific.
Asia Pacific
is expected to witness the fastest growth due to its developing economies and
increasing thermal printing market trends.
Latin
America and the Middle East & Africa are expected to offer promising growth
opportunities in the coming years.
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