Market Overview:
The global thermal receipt printer 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 receipt printers from retail and hospitality sectors, rising adoption of cloud-based point-of-sale (POS) systems, and growing demand for mobile POS systems. In terms of type, the color receipt printer segment is expected to grow at a higher CAGR than the monochrome receipt printer segment during the forecast period. This can be attributed to the increasing demand for color receipts in retail and hospitality sectors. In terms of application, malls are expected to account for the largest share of the global thermal receipt printer market in 2018.
Product Definition:
A thermal receipt printer is a type of printer that prints receipts onto thermal paper. Thermal receipt printers are commonly used in point-of-sale systems in retail environments. The importance of thermal receipt printers lies in their ability to produce high-quality receipts quickly and efficiently.
Color Receipt Printers:
A color receipt printer is a device that prints colored images on standard or thermal paper. The image can be printed in various colors depending upon the model of printer. A color receipt printer works on the principle of print ribbon, which has different colored ink attached to it and when this ribbon passes under the print head it gives an output.
Monochrome Receipt Printers:
Monochrome receipt printers are used in thermal receipt printers. Thermal printer is a device that prints text and images on paper or other material by using a heated ribbon. The technology was initially developed for use in cash register machines, but it is now used in various applications such as printing tickets, boarding passes at airport check-in counters and automatic teller machines (ATMs), printing order forms on business cards, etc.
Application Insights:
The office buildings application segment led the global thermal receipt printer market in 2017. It is projected to expand at a CAGR of XX% over the forecast period owing to an increase in the number of commercial construction projects across various countries, including China, India, U.K., and Germany. Furthermore, companies are focusing on enhancing their product range by introducing new technologies and advanced solutions for a wide range of applications such as retail stores and offices among others which will drive demand over the coming years.
The mall application segment accounted for more than 20% share of total revenue in 2017 due to an increase in shopping activities at popular shopping malls across various regions including Asia Pacific.
Regional Analysis:
Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing number of retail outlets, especially in China and India. Rising demand for small yet efficient thermal printers by businesses operating in these countries is also expected to drive the global market during the forecast period.
North America held a significant share owing to high adoption of technology across U.S., Canada, and Mexico cities including New York, Chicago, Los Angeles, San Francisco Bay Area (California), Seattle Washington DC metro area as well as Toronto Canada among others which are some of the major markets driving this industry growth across regions globally.
Growth Factors:
- Increasing demand for thermal receipt printers from small and medium businesses (SMBs) due to the low cost of ownership and easy operability.
- Proliferation of mobile point-of-sale (mPOS) devices, which are increasing the demand for thermal receipt printers.
- The growing trend of online shopping is fueling the demand for thermal receipt printers as they are used to print receipts for customers’ purchases.
- Rising number of restaurants and food chains that are using thermal receipt printers to print bills and order tickets quickly and efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Receipt Printer Market Research Report
By Type
Color Receipt Printers, Monochrome Receipt Printers
By Application
Mall, Office Buildings, Administrative Units, Other
By Companies
APG Cash Drawer, Seiko, Transact Technologies, CognitiveTPG, Koolertron, Radall, Citizen, Epson, Bixolon, HP, Star Micronics, POS-X, Aurora, Cognitive
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Receipt Printer Market Report Segments:
The global Thermal Receipt Printer market is segmented on the basis of:
Types
Color Receipt Printers, Monochrome Receipt 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
Mall, Office Buildings, Administrative Units, Other
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:
- APG Cash Drawer
- Seiko
- Transact Technologies
- CognitiveTPG
- Koolertron
- Radall
- Citizen
- Epson
- Bixolon
- HP
- Star Micronics
- POS-X
- Aurora
- Cognitive
Highlights of The Thermal Receipt Printer 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:
- Color Receipt Printers
- Monochrome Receipt Printers
- By Application:
- Mall
- Office Buildings
- Administrative Units
- Other
- 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 Receipt Printer 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.
How you may use our products:
- 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?
A thermal receipt printer is a device that prints receipts on thermal paper. The printer uses heat to print the image onto the paper, which makes it easy to see and read. Thermal printers are often used in restaurants and other food-related businesses, as they are fast and efficient ways of printing out receipts.
Some of the key players operating in the thermal receipt printer market are APG Cash Drawer, Seiko, Transact Technologies, CognitiveTPG, Koolertron, Radall, Citizen, Epson, Bixolon, HP, Star Micronics, POS-X, Aurora, Cognitive.
The thermal receipt printer market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Receipt Printer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Receipt Printer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Receipt Printer Market - Supply Chain
4.5. Global Thermal Receipt Printer Market Forecast
4.5.1. Thermal Receipt Printer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Receipt Printer Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Receipt Printer Market Absolute $ Opportunity
5. Global Thermal Receipt Printer Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Receipt Printer Market Size and Volume Forecast by Type
5.3.1. Color Receipt Printers
5.3.2. Monochrome Receipt Printers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Receipt Printer Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Receipt Printer Market Size and Volume Forecast by Application
6.3.1. Mall
6.3.2. Office Buildings
6.3.3. Administrative Units
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Receipt Printer Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Receipt Printer Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Receipt Printer Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Receipt Printer Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Receipt Printer Demand Share Forecast, 2019-2026
9. North America Thermal Receipt Printer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Receipt Printer Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Receipt Printer Market Size and Volume Forecast by Application
9.4.1. Mall
9.4.2. Office Buildings
9.4.3. Administrative Units
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Receipt Printer Market Size and Volume Forecast by Type
9.7.1. Color Receipt Printers
9.7.2. Monochrome Receipt Printers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Receipt Printer Demand Share Forecast, 2019-2026
10. Latin America Thermal Receipt Printer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Receipt Printer Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Receipt Printer Market Size and Volume Forecast by Application
10.4.1. Mall
10.4.2. Office Buildings
10.4.3. Administrative Units
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Receipt Printer Market Size and Volume Forecast by Type
10.7.1. Color Receipt Printers
10.7.2. Monochrome Receipt Printers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Receipt Printer Demand Share Forecast, 2019-2026
11. Europe Thermal Receipt Printer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Receipt Printer Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Receipt Printer Market Size and Volume Forecast by Application
11.4.1. Mall
11.4.2. Office Buildings
11.4.3. Administrative Units
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Receipt Printer Market Size and Volume Forecast by Type
11.7.1. Color Receipt Printers
11.7.2. Monochrome Receipt Printers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Receipt Printer Demand Share, 2019-2026
12. Asia Pacific Thermal Receipt Printer Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Receipt Printer Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Receipt Printer Market Size and Volume Forecast by Application
12.4.1. Mall
12.4.2. Office Buildings
12.4.3. Administrative Units
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Receipt Printer Market Size and Volume Forecast by Type
12.7.1. Color Receipt Printers
12.7.2. Monochrome Receipt Printers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Receipt Printer Demand Share, 2019-2026
13. Middle East & Africa Thermal Receipt Printer Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Receipt Printer Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Receipt Printer Market Size and Volume Forecast by Application
13.4.1. Mall
13.4.2. Office Buildings
13.4.3. Administrative Units
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Receipt Printer Market Size and Volume Forecast by Type
13.7.1. Color Receipt Printers
13.7.2. Monochrome Receipt Printers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Receipt Printer Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Receipt Printer Market: Market Share Analysis
14.2. Thermal Receipt Printer Distributors and Customers
14.3. Thermal Receipt Printer Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. APG Cash Drawer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Seiko
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Transact Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CognitiveTPG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Koolertron
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Radall
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Citizen
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Epson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bixolon
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. HP
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Star Micronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. POS-X
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Aurora
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cognitive
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
