The Europe Portable Printer Market would witness market growth of 9.8 % CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 1,245.5 thousand units, showcasing a growth of 8.6 % (2019-2022).
As businesses seek to differentiate themselves, there is a trend towards personalized and customized printing solutions. Some portable printers can print customized labels, receipts, or documents, catering to the growing demand for unique and tailored printing outputs. Integrating these printers with the Internet of Things (IoT) and smart devices is an emerging trend. This integration allows seamless device communication, enabling automated printing tasks triggered by specific events or conditions. The convergence of this with smart technologies enhances efficiency and reduces manual intervention.
In addition, advancements in non-invasive and wearable bioelectric technologies are shaping the market landscape. These printers with bioelectric sensors continuously monitor vital signs, neural activity, and other relevant parameters. These technologies offer a patient-centric approach, allowing home-based monitoring and personalized interventions. Incorporating artificial intelligence (AI) into portable printers is an innovative trend. AI algorithms can optimize printing processes, improve print quality, and enhance user experience. Smart algorithms can also contribute to predictive maintenance, reducing downtime and extending the lifespan of portable printers.
Germany has experienced a surge in e-commerce and omnichannel retail. Consumers increasingly rely on online shopping platforms, and retailers are adopting omnichannel strategies to provide a seamless shopping experience across various channels. It plays a crucial role in this environment by enabling on-the-go printing of receipts, invoices, and labels during order fulfilment and delivery. As per the data from the Germany Trade and Invest, with 2021 revenue of EUR 586 billion (+1.5 percent from 2020), the retail industry is the third largest industry sector in the German economy, accounting for 17 percent of total GDP. Thus, with the growing retail industry in Europe, there will be increased demand for portable printers in region.
The Germany market dominated the Europe Portable Printer Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $238.3 Million by 2030. The UK market is showcasing a CAGR of 8.8% during (2023 - 2030). Additionally, The France market would register a CAGR of 10.6% during (2023 - 2030).
Based on Application, the market is segmented into Transportation & Logistics, Retail, Healthcare, Telecom, and Others. Based on Technology, the market is segmented into Thermal, Inkjet, and Impact. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Portable Printer Market will Hit $4.2 Billion by 2030, at a CAGR of 10.3%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Brother Industries, Ltd., Canon, Inc., Fujitsu Limited, Hewlett-Packard enterprise Company (HP Development Company L.P.), Honeywell International, Inc., Toshiba TEC Corporation (Toshiba Corporation), Zebra Technologies Corporation, Seiko Epson Corporation, Sato Holdings Corporation, and Bixolon Co., Ltd.
By Application (Volume, Thousand Units, USD Billion, 2019-2030)
By Technology (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
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