Brazil Barcode Printer Market Size & Outlook, 2024-2030
Brazil barcode printer market, 2018-2030 (US$M)
Related Markets
Brazil barcode printer market highlights
- The Brazil barcode printer market generated a revenue of USD 109.5 million in 2023 and is expected to reach USD 177.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.1% 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.
Barcode printer market data book summary
| Market revenue in 2023 | USD 109.5 million |
| Market revenue in 2030 | USD 177.0 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Industrial printers |
| Fastest growing segment | Mobile Printers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 2.5% of the global barcode printer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil barcode printer market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 177.0 million by 2030.
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Barcode Printer Market Scope
Barcode Printer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil 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 65.02% in 2024. Horizon Databook has segmented the Brazil barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil presents significant growth opportunities for the barcode printers market. According to GSM Association (GSMA), in 2021, smartphones were 86% of total connections in Brazil. Moreover, the ecommerce sector in the region is booming owing to growing smartphone adoption and internet penetration in the country.
The COVID-19 pandemic accelerated the growth of e-commerce in the country. Moreover, the government provided pandemic relief to millions of Brazilians through digital wallets, giving people access to online retailers.
Hence, barcode printer adoption is likely to grow in the country. Moreover, various strategies are being undertaken for industrial automation development in Brazil. For instance, in November 2022, U.K.-based IO Tech Systems Limited, an edge computing software company, announced a partnership with Brazil-based BAUMIER, an automation solution provider, for industrial automation innovation and development in Brazil.
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Our clientele includes a mix of barcode printer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil barcode printer market , including forecasts for subscribers. This country databook contains high-level insights into Brazil barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil barcode printer market size, by product, 2018-2030 (US$M)
Brazil Barcode Printer Market Outlook Share, 2024 & 2030 (US$M)
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