Asia Pacific Barcode Printer Market Size & Outlook
Asia Pacific barcode printer market, 2018-2030 (US$M)
Related Markets
Asia Pacific barcode printer market highlights
- The Asia Pacific barcode printer market generated a revenue of USD 1,177.5 million in 2023.
- The market is expected to grow at a CAGR of 9.7% from 2024 to 2030.
- In terms of segment, industrial printers was the largest revenue generating product in 2023.
- Mobile Printers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,177.5 million |
| Market revenue in 2030 | USD 2,246.8 million |
| Growth rate | 9.7% (CAGR from 2023 to 2030) |
| Largest segment | Industrial printers |
| Fastest growing segment | Mobile Printers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Desktop Printers, Mobile Printers, Industrial Printers |
| Key market players worldwide | Avery Dennison Corp, Canon Inc, Honeywell International Inc, Oki Electric Industry Co Ltd, Sato Holdings Corp, Zebra Technologies Corp Class A, Toshiba Corporation, Dascom, Printronix |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.4% of the global barcode printer market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,246.8 million by 2030.
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Barcode Printer Market Scope
Barcode Printer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific barcode printer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to barcode printer market will help companies and investors design strategic landscapes.
Industrial printers was the largest segment with a revenue share of 66.05% in 2024. Horizon Databook has segmented the Asia Pacific barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is poised for the fastest growth as several manufacturing entities in the region are adopting modern printing technologies to rake in various benefits, such as simplified workflows, reduced prices, and increased quality assurance, thereby driving the adoption of barcode printers across Asia Pacific.
Market players are responding to the situation by introducing innovative solutions in line with the evolving demands from the incumbents of various end-use industries and industry verticals. The growing demand for packaged food in countries, such as China and India, is particularly expected to fuel the demand for barcode printers over the forecast period.
For instance, according to the statistics published by India Brand Equity Foundation, the packaged food business in India is projected to exceed USD 70 billion in next 5-10 years, making it the world's one of the top processed food market which is further expected to increase the demand of barcode printers in developing economies such as India which is opportunistic for the market.
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Our clientele includes a mix of barcode printer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific barcode printer market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific barcode printer market size, by country, 2018-2030 (US$M)
Asia Pacific Barcode Printer Market Outlook Share, 2024 & 2030 (US$M)
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