Market revenue in 2023 | USD 164.2 million |
Market revenue in 2030 | USD 393.9 million |
Growth rate | 13.3% (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 |
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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 66.32% in 2024. Horizon Databook has segmented the India barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the government is providing financial assistance to small and micro businesses to support their automation initiatives and help them in strengthening their competitiveness.
At the same time, the proliferation of smartphones and the rising internet penetration rate are gradually changing the shopping habits of customers, as a result of which, India is experiencing an e-commerce boom, which bodes well for the growing adoption of barcode printers by the incumbents of the retail and e-commerce industries.
The initiatives being pursued by various market players are also opening new opportunities for the growth of the market. For instance, in December 2021, my Bill Book, a fintech firm based in India, launched a point-of-sale billing solution, which is specifically designed by taking into consideration the needs of the retail industry and to ensure a faster billing experience.
Horizon Databook provides a detailed overview of country-level data and insights on the India barcode printer market , including forecasts for subscribers. This country databook contains high-level insights into India barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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