Portable Printer Market : Manufacturing Base And Competitors, Business Summary, Production, Revenue, Price And Gross Margin

Portable printer finds significant application in empowering the mobile workforce to create printed documents, receipts, and invoices. This helps in enhancing the employee productivity while on the move, specifically in retail, transportation & logistics, and hospitality sectors. Moreover, portable printers help avoid security breach in enterprises, owing to which they experience significant demand from various end-use industries. The aforementioned factors are expected to propel the portable printer market growth over the forecast period.

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The global portable printer market was valued at US$ 464.7 million in 2016 and is expected to witness a CAGR at 7.7% during the forecast period (2017 – 2025).

Market Dynamics

Increasing popularity of on-the-go printing and rapidly expanding mobile workforce are among the chief factors driving the portable printer market growth. Moreover, increasing popularity and requirement of mobile workforce to enhance the business productivity, streamline workflows, reduce downtimes at the selling point, and provide better consumer experience through their field services will present significant growth opportunities over the forecast period. For instance, retail industry, logistics, and other such business segments experience critical requirement for these printing devices as most jobs require on the spot transactions, receipt generation, tokens, shipment tracking, and shelf edge labelling for efficient inventory management. Thermal printing is an inkless means of producing hard copies. These are featured with optimum printing speeds, low print & maintenance costs, and are available in multiple compact models. Owing to the above mentioned advantages, it is expected to remain the largest technology segment.

Market Taxonomy

This report segments the global portable printer market on the basis of technology, output type, and end-use industry. On the basis of technology, the global portable printer market is classified into thermal, inkjet, and impact printer. Output type of portable printer include barcode, labels & ticketing, receipts, and documents & others. Portable printer market end-use industry segment includes retail, transportation & logistics, hospitality, manufacturing, and others.

Participants are making considerable investments in R&D to improve product capabilities such as precision, quality of print, speed, lesser cost of ownership, and enhance production capabilities. For instance, in October 2016, Epson initiated the construction of another inkjet print head factory to enhance its production capacity, which was estimated to roughly triple Epson's current capacity of print head production. The company had also introduced its plans for investing around US$ 164 billion to set up a new factory for enhancement of its production capacities and R&D activities. Thus, increasing requirement to provide novel consumer products and introduce next generation technology features will positively impact the consumer inclination and drive the portable printer market growth

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Key companies covered as a part of this study include Bixolon, Brother International Corporation, Canon Inc., Fujitsu Isotec Limited, Honeywell International Inc., Oki Printing Solutions, Seiko Epson Corporation, Star Micronics Co., Ltd., Toshiba Tec Corporation, and Zebra Technologies Corporation.

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