Label Printers is a device which is used to produce barcode labels or tags that can be directly printed on the physical objects. Label printers are used for printing product labels and printing barcodes. Label printer machine is used to make barcode or tags for retail items or label cartons with universal product codes or European Article Numbers before shipment. The label printers are also used for printing barcodes on wristbands which are used for personal identification in hospitals or any events. Label printers use thermal transfer or direct thermal techniques to apply ink to the tags.
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Due to increased use in organized retail for labeling is expected to drive the label printers market over the forecast period. Label printers are used in healthcare for wristbands and tags that help to patient tracking and identification, surgical procedure and specimen labels. Increased demand for wristbands label in healthcare is anticipated to impact the market growth favorably. Furthermore, the workforce of mobile sales carrying out on-field transactions has expected to increase the demand for mobile label printers.
Crucial information and forecast statistics covered in the Label Printer market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Label Printer Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Label Printer market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Label Printer market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Label Printer market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Label Printer Market: Segmentation
Valuable information covered in the FMI’s Label Printer market report has been segregated into key segments and sub-segments.
On the basis of product type, the Label Printer Market has been segmented as follows-
Desktop
Industrial
Mobile
On the basis of technology, the Label Printer Market has been segmented as follows-
Thermal Transfer
Impact
Direct Thermal
Laser
Ink-Jet
On the basis of connectivity, the Label Printer Market has been segmented as follows-
Wired
Wireless
On the basis of application, the Label Printer Market has been segmented as follows-
Manufacturing
Logistics
Retail
Healthcare
Label Printer Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Label Printer market. Competitive information detailed in the Label Printer market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Label Printer market report.
Key players covered in the report include:
Zebra Technology, Toshiba TEC Corporation, Shandong New Beiyang Information Technology Co., Ltd, Honeywell International Inc., TSC Auto ID Technology Co., Ltd, Citizen Systems Europe, Epson India Pvt Ltd, Brady Worldwide, Inc., DASCOM Americas SBI LLC, GoDEX, cab Produkttechnik GmbH & Co KG, Postek Electronics Co., Ltd., Wasp Barcode Technologies
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Important Questions Answered in the Label Printer Market Report
Which end user remains the top revenue contributor in different regional markets?
At what rate has the global Label Printer market been expanding during the forecast period?
How will the global Label Printer market look like by the end of the forecast period?
What innovative strategies are adopted by Label Printer market players to stay ahead of the pack?
What are the restraints affecting the growth of the global Label Printer market?
Key Offerings of the Report
Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Label Printer market
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Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.