The Europe Barcode Printer Market would witness market growth of 7.4% CAGR during the forecast period (2023-2029).
Barcode printers can now be used independently because of advancements in technology. Without being dependent on the computer systems, users can access the label design and printing features via their keyboard option. For those who need to print on the go, using a keyboard makes things much simpler. In addition, now that they are smaller in size, these devices or systems may be transported to industrial settings or warehouse settings with ease.
Manufacturers frequently employ one of three ribbon types for printing barcodes. OEMs like wax ribbons over the other two types because they are less expensive and simpler to print. Additionally, these ribbons are chosen for shorter runs that take less time. Wax ribbons are cheaper than other ribbons like wax/resin and resin ribbons, which cost more because high-quality polymer-based resins are employed to bind the ink. Furthermore, all printing processes use standard, white-colored labels as the printing medium.
In the United Kingdom, the National Health Service (NHS) is implementing the barcode technology utilized by major sectors like retail and aerospace to enhance patient safety. Breast implants, artificial hips, medications, and surgical supplies all have barcodes now. The Department of Health's $12 million "Scan4Safety" project is assisting staff to follow each patient swiftly and easily during their hospital stay. Each code may be scanned to reveal which member of staff delivered each therapy, when it was given, and where it was given. These codes include the unique barcodes that are placed on the wristbands that patients receive when they visit hospitals as well as the barcodes that are utilized for recording their medications and the medical equipment that is used to care for them. Therefore, the market will rise exponentially in the region during the forecast period.
The Germany market dominated the Europe Barcode Printer Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $475 million by 2029. The UK market is anticipated to grow at a CAGR of 6.5% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 8.2% during (2023 - 2029).
Based on Technology, the market is segmented into Thermal Transfer, Direct Transfer, Inkjet, Laser, and Others. Based on Product, the market is segmented into Industrial Printers, Desktop Printers, and Mobile Printers. Based on End User, the market is segmented into Manufacturing, Retail & E-commerce, Transportation & Logistics, Healthcare, Government, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Barcode Printer Market is Projected to reach USD 6.8 Billion by 2029, at a CAGR of 7.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Avery Dennison Corporation, Canon, Inc., Honeywell International, Inc., Sato Holdings Corporation, Zebra Technologies Corporation, Dascom, Printronix, LLC, Seiko Epson Corporation, Toshiba TEC Corporation (Toshiba Corporation) and Oki Electric Industry Co., Ltd.
By Technology
By Product
By End User
By Country
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