Mexico Barcode Printer Market Size & Outlook, 2024-2030
Mexico barcode printer market, 2018-2030 (US$M)
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Mexico barcode printer market highlights
- The Mexico barcode printer market generated a revenue of USD 63.8 million in 2023 and is expected to reach USD 100.1 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.7% 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.
Barcode printer market data book summary
| Market revenue in 2023 | USD 63.8 million |
| Market revenue in 2030 | USD 100.1 million |
| Growth rate | 6.7% (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, Mexico accounted for 1.4% 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 North America, U.S. barcode printer market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 392.0 million by 2030.
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Barcode Printer Market Scope
Barcode Printer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico 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 66.93% in 2024. Horizon Databook has segmented the Mexico barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
Mexican manufacturers are looking to adopt advanced manufacturing and invest in technology to gain a competitive edge. Moreover, companies are adopting advanced manufacturing to build more efficient and robust supply chains.
According to the U.S. Department of Commerce, International Trade Administration (ITA), Mexico is among the five largest advanced manufacturing technology importers worldwide. In 2021, Mexico imported industrial robots worth USD 136 million, excluding auxiliary equipment, software, and engineering services.
Hence, the adoption of barcode printers is likely to rise in the country due to automation trends. Mexico is also seeing rapid growth in e-commerce sales. The number of e-commerce users in Mexico grew by 11% in 2021 compared to 2020.
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Target buyers of Mexico barcode printer market databook
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Our clientele includes a mix of barcode printer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico barcode printer market , including forecasts for subscribers. This country databook contains high-level insights into Mexico barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico barcode printer market size, by product, 2018-2030 (US$M)
Mexico Barcode Printer Market Outlook Share, 2024 & 2030 (US$M)
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