According to the latest market research report, the global barcode printer market size is expected to reach $4.52 billion in 2024 and is expected to grow to $5.55 billion by 2029. During this forecast period (2024-2029), the compound annual growth rate is 4.18%. The Asia Pacific region is expected to have the fastest growth rate while the North American market will maintain the largest market share 1.
In particular, the thermal barcode printer segment is expected to continue to hold a major share of the market due to its widespread use in small and large enterprises to mark and track shipped products. In addition, the growth of e-commerce has also driven an increase in the demand for barcode printing, a trend that is expected to continue to influence the market-1. If you need more detailed information, I can provide summaries of relevant market research reports.