Thermal Printing Market 2022 Growth, Latest Trend Analysis and Forecast 2027

The Thermal Printing market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Thermal Printing Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

The Thermal Printing Market is expected to register a CAGR of 5.2% over the forecast period 2022 - 2027.

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Competitive Landscape:

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,Axiohm and Others

Industry News:

 - Oct 2019 - Printronix Auto ID, Inc. introduced T800, a high-performance thermal desktop printer, which offers enterprise-level productivity, dependable performance, and a suite of versatile features such as RFID, and Wi-Fi with advanced security protocols.

Key Market Trends:

Retail Holds the Significant Share in The Market

- With increasing retail stores globally, barcoding technology is becoming an essential component of a lean, agile retail business. Keeping goods moving and monitoring them on their path simultaneously is a struggle for many businesses. In addition to standard printers for receipts and invoices, by adding a barcode creator to the mix, owners can create labels needed to organize inventory and files, ship items and more. Making barcodes from durable, fade-resistant, heat-sensitive label stock ensures that the efforts at the organization won't be destroyed over time.
- Many players are showcasing new technology for enhancing intelligent printing solutions for the evolving payment. For instance, in Nov 2019, BIXOLON announced that they will be showcasing the SRP-Q300 3-inch (80mm) Direct Thermal cube desktop printer series which offers flexible mPOS printing at competitive pricing. This thermal transfer printer is ideal for inventory management and retail labeling.

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North America Account for Significant Market Share

- The North America holds the major market share in the thermal printing market owing to the increasing demand in retail applications, such as smart packaging, inventory management, and warehousing and transportation and logistics applications. Many North American retailers have already made the migration, trading their impact printers for more advanced, thermal-only solutions. Enterprises are placing greater emphasis on minimizing the cost to print, environmental impact, maintenance, etc.

Regional Analysis for Thermal Printing Market:

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).

Highlights about Thermal Printing report coverage:

- A complete background analysis, which includes an assessment of the Global Thermal Printing Market.

- Important changes in Thermal Printing market dynamics

- Thermal Printing Market segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Thermal Printing market with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Thermal Printing industry developments

- Thermal Printing Market shares and strategies of key players

- Emerging niche Thermal Printing segments and regional markets

- An objective assessment of the trajectory of the Thermal Printing market

- Recommendations to companies for strengthening their foothold in the Thermal Printing market

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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