Barcode Printer Market revenue to cross USD 4.5 Bn by 2027

The barcode printer market size is anticipated to record a valuation of USD 4.5 billion by 2027, according to the most recent study by Global Market Insights Inc. The market growth can be attributed to the global ongoing trade developments.

Desktop barcode printers are increasingly used for printing shipping labels, light-duty label, tag printing of retail products, and small-scale labelling operations that require lower print volumes. Desktop printers are compact and can easily fit on any desk. Desktop barcode labels offer intuitive user interface, LCD touch display, field-upgradeable wireless kit, media handling options, and innovative architecture to power ever-expanding printer capabilities.

LED indicator makes it easy to operate and identify printer status. It offers a variety of connectivity options, easy upgrades, and integration with different programming languages and reduced total cost of ownership. These compact printers have intuitive design and versatile connectivity options.

Increasing sale in the retail sector of North America will offer strong growth opportunities to the barcode printer market. The retail industry provides a competitive environment that promotes strong business operations of barcode printers as they enable faster stock audit. Retail sales are increasing in North American countries including the U.S. and Canada. Numerous opportunities for growth exist in the retail industry of North America for barcode printer providers as leading e-commerce players, including Amazon.com, Inc. and eBay Inc., are using barcode printers for efficient inventory management and fast product deliveries.