India Barcode Printer Market Size & Outlook, 2024-2030
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India barcode printer market highlights
- The India barcode printer market generated a revenue of USD 164.2 million in 2023 and is expected to reach USD 393.9 million by 2030.
- The India market is expected to grow at a CAGR of 13.3% from 2024 to 2030.
- In terms of segment, industrial printers was the largest revenue generating product in 2023.
- Mobile Printers is the most lucrative product segment registering the fastest growth during the forecast period.
Barcode printer market data book summary
| Market revenue in 2023 | USD 164.2 million |
| Market revenue in 2030 | USD 393.9 million |
| Growth rate | 13.3% (CAGR from 2023 to 2030) |
| Largest segment | Industrial printers |
| Fastest growing segment | Mobile Printers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Desktop Printers, Mobile Printers, Industrial Printers |
| Key market players worldwide | Avery Dennison Corp, Canon Inc, Honeywell International Inc, Oki Electric Industry Co Ltd, Sato Holdings Corp, Zebra Technologies Corp Class A, Toshiba Corporation, Dascom, Printronix |
Other key industry trends
- In terms of revenue, India accounted for 3.7% of the global barcode printer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China barcode printer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 393.9 million by 2030.
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Barcode Printer Market Scope
Barcode Printer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Printronix | View profile | 501-1000 | Irvine, California, United States, North America | http://www.printronix.com |
| Dascom | View profile | 5001-10000 | Verona, Virginia, United States, North America | http://www.dascom.com |
| Oki Electric Industry Co Ltd | View profile | 17121 | 1-7-12 Toranomon, Minato-ku, Tokyo, Japan, 105-8460 | http://www.oki.com |
| Sato Holdings Corp | View profile | 5637 | 1-7-1 Shimomeguro, Knowledge Plaza, Meguro-ku, Tokyo, Japan, 153-0064 | http://www.sato.co.jp |
| Zebra Technologies Corp Class A | View profile | 9750 | 3 Overlook Point, Lincolnshire, IL, United States, 60069 | https://www.zebra.com |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
| Canon Inc | View profile | 169151 | 30-2, Shimomaruko 3-Chome, Ohta-ku, Tokyo, Japan, 146-8501 | https://www.global.canon |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Avery Dennison Corp | View profile | 35000 | 8080 Norton Parkway, Mentor, OH, United States, 44060 | https://www.averydennison.com |
India barcode printer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to barcode printer market will help companies and investors design strategic landscapes.
Industrial printers was the largest segment with a revenue share of 66.32% in 2024. Horizon Databook has segmented the India barcode printer market based on desktop printers, mobile printers, industrial printers covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the government is providing financial assistance to small and micro businesses to support their automation initiatives and help them in strengthening their competitiveness.
At the same time, the proliferation of smartphones and the rising internet penetration rate are gradually changing the shopping habits of customers, as a result of which, India is experiencing an e-commerce boom, which bodes well for the growing adoption of barcode printers by the incumbents of the retail and e-commerce industries.
The initiatives being pursued by various market players are also opening new opportunities for the growth of the market. For instance, in December 2021, my Bill Book, a fintech firm based in India, launched a point-of-sale billing solution, which is specifically designed by taking into consideration the needs of the retail industry and to ensure a faster billing experience.
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Our clientele includes a mix of barcode printer market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the India barcode printer market , including forecasts for subscribers. This country databook contains high-level insights into India barcode printer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India barcode printer market size, by product, 2018-2030 (US$M)
India Barcode Printer Market Outlook Share, 2024 & 2030 (US$M)
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