Thermal printing is defined as a digital printing process which utilizes heat and produce printed image from a thermal paper (thermochromic paper). Thermal printing is an advanced and innovative printing technologies that is used for printing in several end use industries such as retail, manufacturing, transportation, and others. Moreover, increase in adoption of thermal printing technology in healthcare sector and noteworthy growth opportunities for manufacturers in emerging economies are the major drivers that are boosting the global thermal printing market.
Market Dynamics
Rising need for productivity improvement and increase in usage of thermal printers in on-demand applications are the factors driving the growth of thermal printers market. Moreover, rapid transformation from traditional printers to portable thermal printers, rising demand for thermal printers in healthcare sector and strong distribution network of thermal printer manufacturers are the major factors that are boosting the growth of thermal printers market across the globe.
However, increase in strict printing regulations and rising cost of direct thermal printing due to unavailability of heat sensitive materials are some of the restraining factors that are expected to hamper the growth of the global thermal printing market.
Market Taxonomy
This report segments the global thermal printing market on the basis of technology, printer type, and end-use industry. On the basis of technology, the global thermal printing market is segmented into direct thermal and thermal transfer. On the basis of printer type, the market is segmented into PoS printer, label and tag printer, and RFID printer. On the basis of end-use industry, the market is segmented into transportation & logistics, retail, healthcare, manufacturing, and others.
Key features of the study:
- This report provides an in-depth analysis of the global thermal printing market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global thermal printing market based on the following parameters - regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Zebra Technologies Corporation, TSC Auto ID Technology Co., Ltd., Toshiba TEC Corporation, Honeywell International, Inc., Bixolon Co., Ltd., Citizen Holdings Co., Ltd., Star Micronics Co., Ltd., Seiko Epson Corporation, SATO Holdings Corporation, and Brother International Corporation.
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
- The global thermal printing market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global thermal printing market
Detailed Segmentation:
- Global Thermal Printing Market, By Technology:
- Direct Thermal
- Thermal Transfer
- Global Thermal printing Market, By Printer Type:
- PoS Printer
- Label and Tag Printer
- RFID Printer
- Global Thermal printing Market, By End-use Industry:
- Transportation and Logistics
- Retail
- Healthcare
- Manufacturing
- Others
- Company Profiles
- Zebra Technologies Corporation *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- TSC Auto ID Technology Co., Ltd.
- Toshiba TEC Corporation
- Honeywell International, Inc.
- Bixolon Co., Ltd.
- Citizen Holdings Co., Ltd.
- Star Micronics Co., Ltd.
- Seiko Epson Corporation
- SATO Holdings Corporation
- Brother International Corporation