Market Overview:
The global thermal printing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermal printers from various end-use industries, such as retail, transportation and logistics, manufacturing and industrial, healthcare and hospitality, government, and other applications. In terms of type, the barcode printers segment is expected to lead the global thermal printing market during the forecast period. This can be attributed to the growing demand for barcode printers from various end-use industries for labeling and tracking purposes.
Product Definition:
Thermal printing is a type of non-impact printing that creates images by selectively heating coated thermochromic paper, or thermal paper, with an electrically heated print head. The coating turns black in the areas where it is heated, producing an image. Thermal printers are usually faster than dot-matrix printers and can produce sharper text. They are often used in cash registers, ATMs, and other point-of-sale terminals.
Barcode Printers:
Barcode printers are used to print barcodes or Universal Product Codes (UPCs) on packaging and labels. They are also used for printing receipts, invoices, forms and documents. The primary function of a barcode printer is to print text or numbers in the form of a linear pattern called as line-based or matrix code that can be read by optical character recognition software.
Point of Sale Printers:
Point of sale printers are used in the thermal printing market to print barcodes and other information on products. Thermal printing is a process where the image is created by heat transfer from a roll of film onto an object. The most commonly used material for creating images with this technique is polyester film, which has high optical quality and provides sharp images on printed surfaces.
Application Insights:
The manufacturing and industrial segment dominated the global thermal printing market in 2017, accounting for over 30.0% share of the overall revenue. The growth can be attributed to factors such as increasing demand for barcodes and labels from various industries including pharmaceuticals, food & beverages, automotive, retail etc. Furthermore, rapid expansion of manufacturing facilities in emerging economies such as China and India is expected to drive industry growth over the forecast period.
The transportation and logistics segment accounted for a significant share owing to rising adoption of thermal printers by transport companies such as railways., airlines., shipping companies., bus service providers., bicycle sharing systems providers.; rental car agencies; taxi services; road construction organizations.; marine services providers.; etc. In addition, these printers are used at numerous points of sale across transportation terminals which include railway stations metro stations airports bus stands taxi stands et al which include RFID enabled payment options thereby driving industry growth over the forecast period.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to various factors such as increasing penetration of thermal printers in the retail, transportation and logistics, and manufacturing and industrial sectors; rising demand for cost-effective printing technologies; growing adoption of barcode technology; presence of prominent players with advanced technologies.;and favorable government initiatives.
The Asia Pacific regional market accounted for more than 30% share in 2017 owing to high product penetration across several industries including healthcare & hospitality, retail, education & learning centers, banking & financial services industry. Moreover, rapid expansion of e-commerce sector is also contributing towards increased demand for POS printers across this region thereby driving the overall global market growth.
Growth Factors:
- Increasing demand for thermal printing in retail sector for labeling and price marking applications
- Rising demand from the healthcare sector for printing patient identification cards, medical labels, and prescription labels
- Proliferation of point-of-sale (POS) terminals in restaurants, hotels, and other retail businesses
- Growing popularity of mobile printers for on-demand printing of receipts, tickets, and other documents
- Increasing use of thermal printers in industrial applications such as manufacturing and logistics
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Printing Market Research Report
By Type
Barcode Printers, Point of Sale Printers, Kiosk and Ticket Printers, RFID Printers, Card Printers
By Application
Retail, Transportation and Logistics, Manufacturing and Industrial, Healthcare and Hospitality, Government, Other Applications
By Companies
Zebra Technologies, Sato, Epson, Star Micronics, Honeywell, Bixolon, Fujitsu, Brother, Toshiba Tec, TSC Auto ID Technology, Zebra Technologies, Dascom, ID Technology, Cognitivetpg, Woosim Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Printing Market Report Segments:
The global Thermal Printing market is segmented on the basis of:
Types
Barcode Printers, Point of Sale Printers, Kiosk and Ticket Printers, RFID Printers, Card Printers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Transportation and Logistics, Manufacturing and Industrial, Healthcare and Hospitality, Government, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zebra Technologies
- Sato
- Epson
- Star Micronics
- Honeywell
- Bixolon
- Fujitsu
- Brother
- Toshiba Tec
- TSC Auto ID Technology
- Zebra Technologies
- Dascom
- ID Technology
- Cognitivetpg
- Woosim Systems
Highlights of The Thermal Printing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Barcode Printers
- Point of Sale Printers
- Kiosk and Ticket Printers
- RFID Printers
- Card Printers
- By Application:
- Retail
- Transportation and Logistics
- Manufacturing and Industrial
- Healthcare and Hospitality
- Government
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Thermal Printing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Thermal printing is a process that uses heat to transfer ink from a printhead onto paper. The printhead deposits small droplets of ink onto the paper, which are then heated up to create an image.
Some of the major companies in the thermal printing market are Zebra Technologies, Sato, Epson, Star Micronics, Honeywell, Bixolon, Fujitsu, Brother, Toshiba Tec, TSC Auto ID Technology, Zebra Technologies, Dascom, ID Technology, Cognitivetpg, Woosim Systems.
The thermal printing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermal Printing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Thermal Printing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Printing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Thermal Printing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Thermal Printing Market Size & Forecast, 2020-2028
4.5.1 Thermal Printing Market Size and Y-o-Y Growth
4.5.2 Thermal Printing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Barcode Printers
5.2.2 Point of Sale Printers
5.2.3 Kiosk and Ticket Printers
5.2.4 RFID Printers
5.2.5 Card Printers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Transportation and Logistics
6.2.3 Manufacturing and Industrial
6.2.4 Healthcare and Hospitality
6.2.5 Government
6.2.6 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Printing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Thermal Printing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Barcode Printers
9.6.2 Point of Sale Printers
9.6.3 Kiosk and Ticket Printers
9.6.4 RFID Printers
9.6.5 Card Printers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Transportation and Logistics
9.10.3 Manufacturing and Industrial
9.10.4 Healthcare and Hospitality
9.10.5 Government
9.10.6 Other Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Barcode Printers
10.6.2 Point of Sale Printers
10.6.3 Kiosk and Ticket Printers
10.6.4 RFID Printers
10.6.5 Card Printers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Transportation and Logistics
10.10.3 Manufacturing and Industrial
10.10.4 Healthcare and Hospitality
10.10.5 Government
10.10.6 Other Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Barcode Printers
11.6.2 Point of Sale Printers
11.6.3 Kiosk and Ticket Printers
11.6.4 RFID Printers
11.6.5 Card Printers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Transportation and Logistics
11.10.3 Manufacturing and Industrial
11.10.4 Healthcare and Hospitality
11.10.5 Government
11.10.6 Other Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Barcode Printers
12.6.2 Point of Sale Printers
12.6.3 Kiosk and Ticket Printers
12.6.4 RFID Printers
12.6.5 Card Printers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Transportation and Logistics
12.10.3 Manufacturing and Industrial
12.10.4 Healthcare and Hospitality
12.10.5 Government
12.10.6 Other Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Barcode Printers
13.6.2 Point of Sale Printers
13.6.3 Kiosk and Ticket Printers
13.6.4 RFID Printers
13.6.5 Card Printers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Transportation and Logistics
13.10.3 Manufacturing and Industrial
13.10.4 Healthcare and Hospitality
13.10.5 Government
13.10.6 Other Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Thermal Printing Market: Competitive Dashboard
14.2 Global Thermal Printing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zebra Technologies
14.3.2 Sato
14.3.3 Epson
14.3.4 Star Micronics
14.3.5 Honeywell
14.3.6 Bixolon
14.3.7 Fujitsu
14.3.8 Brother
14.3.9 Toshiba Tec
14.3.10 TSC Auto ID Technology
14.3.11 Zebra Technologies
14.3.12 Dascom
14.3.13 ID Technology
14.3.14 Cognitivetpg
14.3.15 Woosim Systems
