Global Barcode Printer Market size is expected to reach $6.8 billion by 2029

Barcodes are frequently utilized in the healthcare sector for a wide range of additional activities, such as surgical operations, patient identification, tracking devices, specimen labeling, etc. Some of the factors impacting the market are increasing barcode printers demand and usage in the retail sector, growing implementation of barcodes in companies for asset management, and low compatibility of barcode printers and availability of better solutions.

However, Barcodes can be used to obtain important data, but new information cannot be incorporated. Although it has more functionality, radio frequency identification (RFID) labels are similar to barcodes in certain ways. Consequently, these factors are anticipated to slow down the expansion of the market in the coming years.

Based on product, the market is categorized into desktop printers, mobile printers, industrial printers. The desktop printers segment procured a considerable growth rate in the market in 2022. Business organizations may rapidly, correctly, and effectively print tags, labels, and cards with desktop barcode printers. For companies who need to generate vast quantities of barcoded products, they can be the perfect tool. Businesses can select the ideal desktop barcode printer for their requirements from a wide range of sizes, designs, and colors.

On the basis of technology, the market is divided into thermal transfer, direct transfer, laser, and inkjet. The thermal transfer segment acquired the largest revenue share in the market in 2022. Heat is used during the printing process, known as thermal transfer, to transfer ink to a substrate. For example, a thermal printhead is used to heat a tiny coating of resin- or wax-based ink on an adhesive ribbon. The wax-based ink is melted onto the substrate or labeled by heating the ribbon with a heat source, like an infrared heating device. When heated ink comes into contact with the paper, it dissolves and transfers the picture to the support.