Retail Printers and Consumables Market

Retail Printers and Consumables Market: APEJ and North America to Dominate the Retail
Printers Market During the Forecast Period: Global Industry Analysis (2012 - 2016) and
Opportunity Assessment (2017 - 2027)
Retail printers are electronic devices typically designed for printing of labels and receipts that are
used within the retail space. Retail printers usually do not have programmable logic controllers of
its own, but relies on an external system. Label and receipt printers are adopted for speedy and
efficient printing of labels and receipts. These devices find applications in various industrial
verticals like manufacturing, logistics, healthcare etc. However, its utilization in the retail industry
overshadows all other verticals prompting the manufacturers to register long term tie ups with
various small scale and large scale retailers. The consumables used within these printers are labels,
ribbons and paper. Ribbons and labels are used in conjunction with label printers utilized
exclusively to generate labels while paper is typically used to generate receipts at POS stations.
Global Retail Printers and Consumables Market: Future Outlook : The Global Retail Printers
market is projected to grow at a 4.8% CAGR during 2016-2017. The global market for retail
printers is poised to register a steady CAGR of 5.3% over the ten year forecast period to reach a
market valuation of US$ 4689.4 Mn by end of 2027 while the global consumables market is
expected to be valued at US$ 8,503.4 Mn in 2017 and is estimated to grow with a CAGR of 5.0% in
terms of value. Product upgrades and aggressive marketing is the key strategy executed to preserve
the growth of the market on a long-term basis.
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Global Retail Printers Market: Segmental Analysis : The global retail printers market is segmented
based on its usage in different areas of application. By type, it is segmented into desktop retail
printers, industrial retail printers, mobile retail printer and others. The relatively small others
segment comprises of special application retail printers such as ticket printers and wristband label
printers
Mobile retail printer segment is estimated to a value of US$ 1898.3 Mn by 2027 end. In terms of
volume, Mobile retail printer and desktop retail printer segments are anticipated to produce 2,257
thousand units and 1,871 thousand units respectively by the end of 2027
By technology it is segmented by label printers and paper printers. On the basis of printing
technology the most dominant is the thermal transfer sub segment while direct thermal sub segment
dominates in the paper printer segment. The inkjet, impact and laser printing technologies are
expected to be the least attractive of all the segments owing to high cost, slow operation and
impracticality than the thermal segment
Global Retail Consumables Market: Segmental Analysis : The global consumables market is
segmented by type, application and region. By type, the paper segment is expected to dominate the
market throughout the forecast period with 41.0% share by the end of 2027. The Label type
segment is anticipated to witness robust growth in terms of value and volume over the forecast
period owing to increasing adoption of labelling in warehousing sector as well as online retailing
and also implementation of labeling in businesses to maintain assets.
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Global Retail Printers and Consumables Market: Regional Outlook : Asia Pacific and North
America hold the highest market potential in the global retail printers market. The market is
primarily driven owing to healthy growth from the perspective of disposable income & purchasing
power and increasing retailing activity around the globe. However, limited compatibility with
different operating systems is expected to be a restraining factor for the growth of market in these
regions. Eastern Europe and Latin America are struggling with sluggish growth in the market owing
to fragmented supply chain, hence growth prospects for the market for retail printers in these
regions is limited.
Global Retail Printers and Consumables Market: Competitive Landscape : The report highlights
some of the top companies operating in the global retail printers and consumables market such as
Zebra Technologies Corporation, Honeywell International, Inc., Toshiba TEC Corporation, SATO
Holdings Corporation, Avery Dennison Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id
Technology Co., Ltd., Star Micronics Co., Ltd., Postek Electronics Co., Ltd., GoDEX International
Co., Ltd., Citizen Watch Co., Ltd., Brother Industries, Ltd., Bixolon Co., Ltd., Pos-X LLC, Primera
Technology Inc., CognitiveTPG, LLC, Seiko Holdings Corporation, Wasp Barcode Technologies,
Cab Produkttechnik GmbH & Co KG, and BlueBird, Inc.
These players are aware of the emerging technology called RFID (Radio Frequency and
Identification) that could pose as a serious threat of replacing barcoding technology due to
advantage of bulk data retention as opposed to single data retention of barcodes leading to faster
scanning and data maintenance as well as elimination of line of sight scanning in RFID technology.
Hence, prominent players are focused on implementing short term strategies by improving its
existing product line up and introducing innovative features and wireless connectivity to sustain the
growth of the global market.