Latin America Barcode Printer Market Size & Outlook
Latin America barcode printer market, 2018-2030 (US$M)
Related Markets
Latin America barcode printer market highlights
- The Latin America barcode printer market generated a revenue of USD 320.6 million in 2023.
- The market is expected to grow at a CAGR of 7.9% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 320.6 million |
| Market revenue in 2030 | USD 545.3 million |
| Growth rate | 7.9% (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, Latin America region accounted for 7.2% 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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Latin America 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 65.47% in 2024. Horizon Databook has segmented the Latin America barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
In South America, the adoption of mobile printers is increasing in line with the aggressive deployment of cloud solutions and the growing adoption of the Bring Your Own Device (BYOD) policy across numerous enterprises.
Compact size and the ability to perform diverse tasks are some of the benefits that are expected to drive the adoption of mobile printers across South America.
Some of the prominent market players, such as Brother Industries Ltd., TOSHIBA TEC CORPORATION, Zebra Technologies Inc., Honeywell International Inc., Hewlett-Packard Inc., Canon Inc., and Xerox Corporation, are expanding their presence in the region to cater to the growing demand for barcode printers, especially in Brazil, Argentina, and Colombia, among other large economies in South America.
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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 continent-level data and insights on the Latin America barcode printer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America barcode printer market size, by country, 2018-2030 (US$M)
Latin America Barcode Printer Market Outlook Share, 2024 & 2030 (US$M)
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