The Worldwide Thermal Printing Industry is Expected to Reach $48 Billion by 2026

DUBLIN, Feb. 15, 2022 /PRNewswire/ -- The "Global Thermal Printing Market (2021-2026) by Application Type, Offering Type, Printer Type, Format Type, Printing Technology Type, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Thermal Printing Market is estimated to be USD 35.56 Bn in 2021 and is expected to reach USD 48.22 Bn by 2026, growing at a CAGR of 6.28%.

The Global Thermal Printing Market is driving due to the rising adoption of automatic identification, data capture, and wireless technologies to improve productivity. The growing concerns related to anti-counterfeit and product safety drive the market's growth. Additionally, the increasing use of thermal printing as per on-demand printing applications fuels the market's growth. On the other hand, stringent printing rules and regulations and poor image quality of barcode labels restrict the market's growth.

The emergence of the Internet of Things (IoT) technology in printing solutions will create potential opportunities for the market to grow in the forecasted period. Furthermore, the growing usage of thermal printing solutions in various industries such as e-commerce, healthcare, and the supply chain industry deals with RFID, smart labels, tags, and Barcode thermal printers. Moreover, heat setting in thermal barcode solutions is a challenge that may negatively affect the market.

The Global Thermal Printing Market is segmented based on Application Type, Offering Type, Printer Type, Format Type, Printing Technology Type, and Geography.

Company Profiles

Some of the companies covered in this report are Brother Industries, Ltd, BIXOLON America, Inc, Fujitsu Limited, Honeywell International, Inc, NCR Corporation, SATO Holdings Corporation, Seiko Epson Corporation, Star Micronics Co., Ltd, Toshiba Corporation, and Zebra Technologies Corporation, etc.

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Thermal Printing Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Influencers
4.1 Drivers
4.1.1 Rising Adoption of Automatic Identification and Wireless Technologies
4.1.2 Growing Concern Related to Anti-Counterfeit and Product Safety
4.1.3 Increasing Use of Thermal Printing in On-Demand Printing Applications
4.2 Restraints
4.2.1 Stringent Printing Rules and Regulations
4.2.2 Poor Image Quality of Barcode Labels
4.3 Opportunities
4.3.1 Growing Usage of Thermal Printing Solutions in Various Industries
4.3.2 The emergence of IoT Technology in Printing Solutions
4.4 Challenges
4.4.1 Heat Setting in Thermal Barcode Printers

5 Market Analysis
5.1 Porter's Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff Matrix Analysis

6 Global Thermal Printing Market, By Application Type
6.1 Introduction
6.2 Government
6.3 Healthcare & Hospitality
6.4 Manufacturing & Industrial
6.5 Transportation & Logistics
6.6 Retail

7 Global Thermal Printing Market, By Offering Type
7.1 Introduction
7.2 Printer
7.3 Supplies

8 Global Thermal Printing Market, By Printer Type
8.1 Introduction
8.2 Barcode Printers
8.3 POS Printers
8.4 Kiosk & Ticket Printers
8.5 Card Printers
8.6 RFID Printers

9 Global Thermal Printing Market, By Format Type
9.1 Introduction
9.2 Desktop Format
9.3 Mobile Format
9.4 Industrial Format

10 Global Thermal Printing Market, By Printing Technology Type
10.1 Introduction
10.2 Direct Thermal (DT)
10.3 Thermal Transfer (TT)
10.4 Dye Diffusion Thermal Transfer (D2T2)

11 Global Thermal Printing Market, By Geography

12 Competitive Landscape
12.1 Competitive Quadrant
12.2 Market Share Analysis
12.3 Strategic Initiatives
12.3.1 M&A and Investments
12.3.2 Partnerships and Collaborations
12.3.3 Product Developments and Improvements

13 Company Profiles
13.1 Advantech Co., Ltd
13.2 APS Group
13.3 Avery Dennison Corporation
13.4 AXIOHM
13.5 Brother Industries, Ltd
13.6 BIXOLON America, Inc
13.7 Citizens Systems Europe GmbH
13.8 CognitiveTPG, LLC
13.9 Cougartron
13.10 Fujitsu Limited
13.11 Hewlett Packard Enterprise Development LP
13.12 Honeywell International, Inc
13.13 JADAK Technologies, Inc
13.14 NCR Corporation
13.15 NEC Corporation
13.16 ProMach, Inc
13.17 Rongta Technology (Xiamen) Group Co., Ltd
13.18 SATO Holdings Corporation
13.19 Sartorius AG
13.20 Seiko Epson Corporation
13.21 Seiko Instruments, Inc
13.22 Shenzhen Brightek Printer Co., Ltd
13.23 Shinmei Co., Ltd
13.24 Star Micronics Co., Ltd
13.25 Toshiba Corporation
13.26 TSC Auto ID Technology Co., Ltd
13.27 Urovo Technology Corporation Limited
13.28 Wasp Barcode Technologies, Inc
13.29 Zebra Technologies Corporation
13.30 Zhuhai Zywell Technology Co., Ltd

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/qj2mwy

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