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Barcode Printers Market Share

Report ID: GMI147
Published Date: Aug 2024
Report Format: PDF

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Barcode Printers Market Share

Canon Inc. and Godex International Co. Ltd. collectively held a significant share of the barcode printers industry in 2023. Canon Inc. is a multinational corporation headquartered in Tokyo, Japan, known primarily for its imaging and optical products, including cameras, printers, and photocopiers. While Canon is not traditionally one of the leading players in the barcode printer market, it has been expanding its presence in this sector.

Godex International Co. Ltd., founded in 1993 and headquartered in Taiwan, is a significant player in the barcode printer industry known for its reliable and cost-effective solutions. The company offers a diverse range of thermal transfer and direct thermal barcode printers, from entry-level desktop models to industrial-grade units, catering to various industries including retail, healthcare, logistics, and manufacturing.

Barcode Printers Market Companies

Major players operating in the barcode printers industry are:

Canon Inc.
Godex International Co. Ltd.
Honeywell International Inc.
Zebra Technologies Corporation
Toshiba Corporation
Airtrack
Avery Dennison Corporation

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size of barcode printers reached USD 4.2 billion in 2023 and will grow at 4.5% CAGR between 2024 and 2032, led by the growing need for accurate and efficient inventory management, and the increasing adoption of barcode technology in healthcare and logistics.

Barcode printers industry from the inventory management segment will record 5% CAGR through 2032, primarily due to the increasing need for precise and efficient stock control across various industries.

North America market will reach USD 2 billion by 2032, propelled by advanced technological infrastructure and widespread adoption of automation in retail, healthcare, and logistics sectors.

Some of the key industry players are Canon Inc., Godex International Co. Ltd., Honeywell International Inc., Zebra Technologies Corporation, Toshiba Corporation, Airtrack, and Avery Dennison Corporation, among others.