This market research report presents a detailed segmentation of the global handheld label printer market by key regions such as APAC, Europe, North America, and ROW. The key vendors analyzed in this report are 3M, Brother, DYMO, and Epson.
Technavio has released updated information on the printer market, with the publication of its new market research report, global handheld label printer market. The global handheld label printer market is expected to grow at a CAGR of around 5% between 2015 and 2019, owing to the budding need for proximal and immediate access to label printers by the mobile workforce, across the globe. APAC is the largest revenue contributor to the global market for handheld label printers, accounting for around 34% of the overall market revenue. The digitalization of industries, and shelf-labeling by SMEs in this region is driving the market growth.
“Vendors are offering customized solutions to specific industry segments as per the requirements of those sectors. Certain end-user segments may require more sturdy labels to tag products or warrant the use of certain features more than the others while others need primary labels with standard symbols and alphabet. For instance, Brother, a key vendor, has introduced the PT-E550WVP printer that allows electricians to print labels that are compliant with the identification requirements of the wiring regulations. The labels have strong weather resistant capabilities, and are durable against friction, water, and chemicals,” says Faizan Akhtar, Lead Analyst, New Coverage, Technavio Research.
Handheld label printers enable printing without the use of a PC. Through such wireless connectivity, the users can use software to design and print customized labels wirelessly from a PC or a mobile device. This is a largely advantageous feature for the printing of labels onsite wherein input data can scan the database for the appropriate label and then generate printed labels.
The key players in the global handheld label printer market include 3M, Brother, DYMO, and Epson. The market is concentrated with the presence of a limited number of players. With the international vendors increasing their footprint in the market with their massive infrastructure and reach, regional vendors find it increasingly difficult to compete in terms of quality and technology. The report anticipates the competitive environment in this market to intensify further with an increase in product/service extensions, and technological innovations. Many international players are expected to expand their presence worldwide through acquisitions during the forecast period.
A more detailed analysis is available in the Technavio report, global handheld label printer market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
Other Related Reports:
- Global Printers Market 2015-2019
- Private Label Food and Beverages Market in US 2015-2019
- Global Liquid Waterborne Printing Inks Market 2015-2019
- Label Market in North America 2015-2019
- Global Wireless Printer Market 2015-2019
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