Global Barcode Label Printer market will reach 36200 million US$ by the end of 2025
The global Barcode Label Printer market is valued at 19800 million US$ in 2017 and will reach 36200 million US$ by the end of 2025, growing at a CAGR of 7.8% during 2018-2025. https://www.qyresearch.com/index/detail/416415/global-barcode-label-printer-sales-market
The global Barcode Label Printer market is valued at 19800 million US$ in 2017 and will reach 36200 million US$ by the end of 2025, growing at a CAGR of 7.8% during 2018-2025. https://www.qyresearch.com/index/detail/416415/global-barcode-label-printer-sales-market
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<strong>Global</strong> <strong>Barcode</strong> <strong>Label</strong> <strong>Printer</strong><br />
<strong>market</strong> <strong>will</strong> <strong>reach</strong> <strong>36200</strong> <strong>million</strong><br />
<strong>US$</strong> <strong>by</strong> <strong>the</strong> <strong>end</strong> <strong>of</strong> <strong>2025</strong><br />
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• <strong>Barcode</strong> printers are specialty printers which enable<br />
<strong>the</strong> printing <strong>of</strong> barcode labels or tags that can be<br />
directly printed on or attached to physical objects.<br />
They are commonly used to label retail items or label<br />
cartons with Universal Product Codes (UPCs) or<br />
European Article Numbers (EANs) before shipment.<br />
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One tr<strong>end</strong> in <strong>the</strong> <strong>market</strong> is rising omnichannel retailing. Retailers sell<br />
<strong>the</strong>ir products and goods through multiple mediums such as brick and<br />
mortar stores, m-commerce, and e-commerce, which is called<br />
omnichannel retailing. With <strong>the</strong> growing penetration <strong>of</strong> <strong>the</strong> Internet and<br />
<strong>the</strong> improving network infrastructures, retailers have started increasing<br />
<strong>the</strong>ir <strong>reach</strong> and have revolutionized <strong>the</strong> shopping experience for<br />
customers with <strong>the</strong> help <strong>of</strong> e-commerce and m-commerce. Rapid<br />
industrialization is ano<strong>the</strong>r factor contributing to <strong>the</strong> growth <strong>of</strong> <strong>market</strong>.<br />
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In term <strong>of</strong> region, North America and EMEA are expected to<br />
dominate <strong>the</strong> barcode printers <strong>market</strong> over <strong>the</strong> forecast period<br />
owing to increased demand from <strong>the</strong> U.S. and Western European<br />
countries. Asia Pacific, Eastern Europe, and Latin America are<br />
expected to witness substantial growth due to <strong>the</strong> establishment<br />
<strong>of</strong> production facilities in <strong>the</strong>se economies and increased<br />
investments <strong>by</strong> MNCs in retail and industrial infrastructure.<br />
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The global <strong>Barcode</strong> <strong>Label</strong> <strong>Printer</strong> <strong>market</strong> is valued at 19800<br />
<strong>million</strong> <strong>US$</strong> in 2017 and <strong>will</strong> <strong>reach</strong> <strong>36200</strong> <strong>million</strong> <strong>US$</strong> <strong>by</strong> <strong>the</strong><br />
<strong>end</strong> <strong>of</strong> <strong>2025</strong>, growing at a CAGR <strong>of</strong> 7.8% during 2018-<strong>2025</strong>.<br />
Click to view <strong>the</strong> full report:<br />
https://www.qyresearch.com/index/detail/416415/globalbarcode-label-printer-sales-<strong>market</strong><br />
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