The global retail printers market is expected to exceed US$ 3.8 billion in 2022. The market is expected to reach US$ 4.9 billion by 2026, growing at a healthy 6.7% CAGR.
As competition in the retail sector heats up, retailers are focusing on providing a personalised experience to their customers, which streamlines their activity in the store and provides them with a pleasant experience, retaining their loyalty and increasing store footfalls.
Because printers are installed in retail stores, retailers can offer their customers a variety of customer-centric campaigns, such as providing discount vouchers with their bills. These printing terminals also allow retailers to offer a variety of loyalty programmes to their customers, increasing the frequency of customer visits and, as a result, sales and revenue margins.
Additionally, by streamlining their operations, retailers can transition to an omni-channel platform, providing their customers with more options and allowing them to purchase products from their stores via a variety of channels. This assists retailers in meeting their customers’ high expectations, allowing them to expand their business and provide a happy and unforgettable experience to their customers.
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Global Retail Printers Market: Forecast Analysis
Future Market Insights presents a new research report titled ‘Retail Printers Market: Global Industry Analysis 2012-2021 and Opportunity Assessment 2022-2026’ that includes an analysis of the various segments of this market across the important regions in the world. As per this research report, the global retail printers market is anticipated to grow at a robust CAGR during the period of assessment and is projected to reach a market value of nearly US$ 5,000 Mn by 2026.
Global Retail Printers Market: Segmentation Insights
The global retail printers market is segmented on the basis of product type, technology, application and region.
By product type, mobile printers is the largest sub-segment in terms of value and is expected to exhibit a CAGR of 6.9% during the assessment period of 2021-2026
By technology, the direct transfer paper printer sub-segment is the largest sub-segment in terms of value, and is likely to be valued at nearly US$ 2,000 Mn at the end of the year 2026 and is poised to exhibit a CAGR of 7.3% during the assessment period
By application, the supermarkets sub-segment is the largest in terms of value and is likely to exhibit a CAGR of 6.7% during the period of assessment
By region, North America is expected to lead the global retail printers market in terms of revenue, exhibiting a CAGR of 6.5% during the period of assessment
Global Retail Printers Market: Competitive Landscape
The research report on the global retail printers market has an entire section devoted to study the competition landscape of this market in which the key players operating in the market are profiled. This section also has important information about these companies such as the company overview, key financials, geographical reach, SWOT analysis, key strategies, etc. The companies that have been profiled in this research report include Honeywell International, Inc., Postek Electronics Co., Ltd., Avery Dennison Corporation, Zebra Technologies Corporation, Oki Electric Industry Co., Ltd., TSC Auto Id Technology Co., Ltd., Toshiba TEC Corporation, Brother Industries, Ltd., Star Micronics Co., Ltd. and SATO Holdings Corporation.
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Retail Printers Market by Category
By Product Type:
- Desktop Printers
- Industrial Printers
- Mobile Printers
- Other Product Types
- Thermal Transfer Label Printer
- Direct Thermal Label Printer
- Inkjet Label Printer
- Laser Label Printer
- Thermal Transfer Paper Printer
- Direct Transfer Paper Printer
- Impact Paper Printer
- Inkjet Paper Printer
- Departmental Stores
- Warehouse Retailers
- Mom & Pop Stores
- Other Applications
- North America
- Latin America
- Asia Pacific excluding Japan
- Middle East & Africa
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 4-years.
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