The global thermal printing market is expected to grow from USD 35.5 billion in 2020 to reach USD 54 billion by 2028, at a CAGR of 5.4% during the forecast period 2021-2028.
A thermal printer refers to the printer that uses heat to produce the image on paper. Thermal printer is has become popular in airline, banking, retail, grocery and healthcare due to its quality of the speed, print, and technological advances. A thermal printer does not use toner or ink as other printer does. They are also popular in creating labels because of their speed of printing. Thermal printers have advantages over other printers such as Easier to use as there are fewer buttons and use of software involved, Popular in noise-free environments and are great for offices, largely inexpensive and come in various models and sizes, more efficient and faster in printing monochromic ones compared to other forms of printing and more durable compared to other printers. Thermal printers work in two ways, and older models use models heat sensitive paper by placing in roll in a container inside the machine. The heat built up in the device reacts with heat-sensitive paper, and the transfer of pigments occurs on the sheet. For newer machines, ribbon printer cartridges are used, there is wax material stored inside, paper is fed through the slot located between print heat and roller, and heat waxy substance gets melt and sticks onto the paper.
The factors driving the market are industrialization, population, and disposable income are the prime factors that can drive the thermal printing market. Also, its increasing usage in healthcare industries and the retail industry due to its expansion can raise the demand for thermal printing. Automatic identification and data capture technologies for product improvement and the growth of the e-commerce industry. The factors restraining the market growth are Inkjet and laser printing solutions, the poor image and their heat setting problems. The opportunities available for the market growth are AI operated wi-fi enabled thermal printers.
The study delivers the comprehensive analysis of offering, printer type, format type, printing technology, application and region. The offering segment includes Supplies, Printer. The Supplies segment held the largest market share owing to ensure high print quality and reduced wear & tear in printer. The printer type segment includes POS printer, Kiosk & Ticket Printers, RFID printers, Card printers, Barcode printers. The Barcode printers held the largest market share owing to the improved asset management and inventory, data precision, and consistency. The format type segment includes Desktop format, Mobile format, Industrial format. Mobile format segment held the largest market share owing to its properties like Durability, easy to use, and lightweight. The printing technology segment includes Direct Thermal (DT), Thermal Transfer (TT), Dye Diffusion Thermal Transfer (D2T2). The thermal transfer (TT) segment held the largest market share owing to the production of durable images on a wide range of materials. The application segment includes Retail, Transportation & Logistics, Manufacturing & Industrial, Healthcare & Hospitality, Government, Others. Healthcare and hospitality segment held the largest market share owing to the digitalization in the healthcare sector.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America regions holds the largest market share U.S owing to the advanced technology and presence of key players in this region. Honeywell International (US), Zebra Technologies (US), NCR Corporation (US), and Avery Dennison (US) are among a few of the providers of thermal printers having a presence in North America.
Some of the notable players in the market are Bixolon, Honeywell International, Inc., Fujitsu Ltd., Sato Holdings Corporation, Brother Industries Ltd., Seiko Epson Corporation, Toshiba Corporation, TSC Auto ID Technology Co. Ltd., Avery Dennison Inc., Wasp Barcode Technologies, Star Micronics Co. Ltd., Zebra Technologies Corp., and NCR Corporation. These Companies are adopting strategic initiatives, such as production capacity expansion, acquisitions, and mergers, to tap extra market share and increase their business productivity.
Global Thermal Printing Market Analysis and Forecast, Offering
Global Thermal Printing Market Analysis and Forecast, Printer type
Global Thermal Printing Market Analysis and Forecast, Format type
Global Thermal Printing Market Analysis and Forecast, Printing Technology
Global Thermal Printing Market Analysis and Forecast, Application
Global Thermal Printing Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Offering
4.3.2. Market Attractiveness Analysis By Printing type
4.3.3. Market Attractiveness Analysis By Format type
4.3.4. Market Attractiveness Analysis By Printing technology
4.3.5. Market Attractiveness Analysis By Application
4.3.6. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increase in industrialization and disposal income
5.2.2. Automatic identification and data capturing
5.3. Restrains
5.3.1. Increasing popularity of RFID labels
5.4. Opportunities
5.4.1. AI operated Wi-fi enabled thermal printers
6. Global Thermal Printing Market Analysis and Forecast, By Offering
6.1. Segment Overview
6.2. Supplies
6.3. Printer
7. Global Thermal Printing Market Analysis and Forecast, By Printing type
7.1. Segment Overview
7.2. POS printer
7.3. Kiosk & Ticket Printers
7.4. RFID printers
7.5. Card printers
7.6. Barcode printers
8. Global Thermal Printing Market Analysis and Forecast, By Format type
8.1. Segment Overview
8.2. Desktop format
8.3. Mobile format
8.4. Industrial format
9. Global Thermal Printing Market Analysis and Forecast, By Printing technology
9.1. Segment Overview
9.2. Direct Thermal (DT)
9.3. Thermal Transfer (TT)
9.4. Dye Diffusion Thermal Transfer (D2T2)
10. Global Thermal Printing Market Analysis and Forecast, By Application
10.1. Segment Overview
10.2. Retail
10.3. Transportation & Logistics
10.4. Manufacturing & Industrial
10.5. Healthcare & Hospitality
10.6. Government
10.7. Others
11. Global Thermal Printing Market Analysis and Forecast, By Regional Analysis
11.1. Segment Overview
11.2. North America
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. U.K.
11.3.4. Italy
11.3.5. Spain
11.4. Asia-Pacific
11.4.1. Japan
11.4.2. China
11.4.3. India
11.5. South America
11.5.1. Brazil
11.6. Middle East and Africa
11.6.1. UAE
11.6.2. South Africa
12. Global Thermal Printing Market-Competitive Landscape
12.1. Overview
12.2. Market Share of Key Players in Global Thermal Printing Market
12.2.1. Global Company Market Share
12.2.2. North America Company Market Share
12.2.3. Europe Company Market Share
12.2.4. APAC Company Market Share
12.3. Competitive Situations and Trends
12.3.1. Product Launches and Developments
12.3.2. Partnerships, Collaborations, and Agreements
12.3.3. Mergers & Acquisitions
12.3.4. Expansions
13. Company Profiles
13.1. Bixolon
13.1.1. Business Overview
13.1.2. Company Snapshot
13.1.3. Company Market Share Analysis
13.1.4. Company Product Portfolio
13.1.5. Recent Developments
13.1.6. SWOT Analysis
13.2. Honeywell International, Inc.
13.2.1. Business Overview
13.2.2. Company Snapshot
13.2.3. Company Market Share Analysis
13.2.4. Company Product Portfolio
13.2.5. Recent Developments
13.2.6. SWOT Analysis
13.3. Fujitsu Ltd.
13.3.1. Business Overview
13.3.2. Company Snapshot
13.3.3. Company Market Share Analysis
13.3.4. Company Product Portfolio
13.3.5. Recent Developments
13.3.6. SWOT Analysis
13.4. Sato Holdings Corporation
13.4.1. Business Overview
13.4.2. Company Snapshot
13.4.3. Company Market Share Analysis
13.4.4. Company Product Portfolio
13.4.5. Recent Developments
13.4.6. SWOT Analysis
13.5. Brother Industries Ltd.
13.5.1. Business Overview
13.5.2. Company Snapshot
13.5.3. Company Market Share Analysis
13.5.4. Company Product Portfolio
13.5.5. Recent Developments
13.5.6. SWOT Analysis
13.6. Seiko Epson Corporation
13.6.1. Business Overview
13.6.2. Company Snapshot
13.6.3. Company Market Share Analysis
13.6.4. Company Product Portfolio
13.6.5. Recent Developments
13.6.6. SWOT Analysis
13.7. Toshiba Corporation
13.7.1. Business Overview
13.7.2. Company Snapshot
13.7.3. Company Market Share Analysis
13.7.4. Company Product Portfolio
13.7.5. Recent Developments
13.7.6. SWOT Analysis
13.8. TSC Auto ID Technology Co. Ltd.
13.8.1. Business Overview
13.8.2. Company Snapshot
13.8.3. Company Market Share Analysis
13.8.4. Company Product Portfolio
13.8.5. Recent Developments
13.8.6. SWOT Analysis
13.9. Avery Dennison Inc
13.9.1. Business Overview
13.9.2. Company Snapshot
13.9.3. Company Market Share Analysis
13.9.4. Company Product Portfolio
13.9.5. Recent Developments
13.9.6. SWOT Analysis
13.10. Wasp Barcode Technologies
13.10.1. Business Overview
13.10.2. Company Snapshot
13.10.3. Company Market Share Analysis
13.10.4. Company Product Portfolio
13.10.5. Recent Developments
13.10.6. SWOT Analysis
13.11. Star Micronics Co. Ltd.
13.11.1. Business Overview
13.11.2. Company Snapshot
13.11.3. Company Market Share Analysis
13.11.4. Company Product Portfolio
13.11.5. Recent Developments
13.11.6. SWOT Analysis
13.12. Zebra Technologies Corp.
13.12.1. Business Overview
13.12.2. Company Snapshot
13.12.3. Company Market Share Analysis
13.12.4. Company Product Portfolio
13.12.5. Recent Developments
13.12.6. SWOT Analysis
13.13. NCR Corporation
13.13.1. Business Overview
13.13.2. Company Snapshot
13.13.3. Company Market Share Analysis
13.13.4. Company Product Portfolio
13.13.5. Recent Developments
13.13.6. SWOT Analysis
List of Table
1. Global Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
2. Global Supplies, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
3. Global Printer, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
4. Global Thermal Printing Market, By Printer type, 2018-2028 (USD Billion)
5. Global POS Printer, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
6. Global Kiosk & ticket printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
7. Global RFID Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
8. Global Card Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
9. Global Barcode Printers, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
10. Global Thermal Printing Market, By Format type, 2018-2028 (USD Billion)
11. Global Desktop format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
12. Global Mobile format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
13. Global Industrial format, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
14. Global Thermal Printing Market, By Printing technology, 2018-2028 (USD Billion)
15. Global Direct thermal (DT), Thermal Printing Market, By Region, 2018-2028 (USD Billion)
16. Global Thermal transfer (TT), Thermal Printing Market, By Region, 2018-2028 (USD Billion)
17. Global Dye diffusion thermal transfer (D2T2), Thermal Printing Market, By Region, 2018-2028 (USD Billion)
18. Global Thermal Printing Market, By Application, 2018-2028 (USD Billion)
19. Global Retail, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
20. Global Transportation and logistics, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
21. Global Manufacturing and industrial, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
22. Global Healthcare and hospitality, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
23. Global Government, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
24. Global Others, Thermal Printing Market, By Region, 2018-2028 (USD Billion)
25. North America Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
26. North America Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
27. North America Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
28. North America Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
29. North America Thermal Printing Market, By Application, 2018-2028 (USD Billion)
30. U.S. Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
31. U.S. Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
32. U.S. Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
33. U.S. Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
34. U.S. Thermal Printing Market, By Application, 2018-2028 (USD Billion)
35. Canada Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
36. Canada Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
37. Canada Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
38. Canada Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
39. Canada Thermal Printing Market, By Application, 2018-2028 (USD Billion)
40. Mexico Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
41. Mexico Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
42. Mexico Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
43. Mexico Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
44. Mexico Thermal Printing Market, By Application, 2018-2028 (USD Billion)
45. Europe Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
46. Europe Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
47. Europe Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
48. Europe Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
49. Europe Thermal Printing Market, By Application, 2018-2028 (USD Billion)
50. Germany Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
51. Germany Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
52. Germany Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
53. Germany Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
54. Germany Thermal Printing Market, By Application, 2018-2028 (USD Billion)
55. France Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
56. France Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
57. France Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
58. France Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
59. France Thermal Printing Market, By Application, 2018-2028 (USD Billion)
60. U.K. Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
61. U.K. Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
62. U.K. Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
63. U.K. Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
64. U.K. Thermal Printing Market, By Application, 2018-2028 (USD Billion)
65. Italy Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
66. Italy Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
67. Italy Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
68. Italy Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
69. Italy Thermal Printing Market, By Application, 2018-2028 (USD Billion)
70. Spain Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
71. Spain Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
72. Spain Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
73. Spain Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
74. Spain Thermal Printing Market, By Application, 2018-2028 (USD Billion)
75. Asia Pacific Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
76. Asia Pacific Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
77. Asia Pacific Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
78. Asia Pacific Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
79. Asia Pacific Thermal Printing Market, By Application, 2018-2028 (USD Billion)
80. Japan Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
81. Japan Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
82. Japan Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
83. Japan Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
84. Japan Thermal Printing Market, By Application, 2018-2028 (USD Billion)
85. China Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
86. China Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
87. China Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
88. China Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
89. China Thermal Printing Market, By Application, 2018-2028 (USD Billion)
90. India Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
91. India Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
92. India Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
93. India Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
94. India Thermal Printing Market, By Application, 2018-2028 (USD Billion)
95. South America Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
96. South America Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
97. South America Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
98. South America Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
99. South America Thermal Printing Market, By Application, 2018-2028 (USD Billion)
100. Brazil Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
101. Brazil Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
102. Brazil Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
103. Brazil Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
104. Brazil Thermal Printing Market, By Application, 2018-2028 (USD Billion)
105. Middle East and Africa Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
106. Middle East and Africa Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
107. Middle East and Africa Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
108. Middle East and Africa Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
109. Middle East and Africa Thermal Printing Market, By Application, 2018-2028 (USD Billion)
110. UAE Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
111. UAE Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
112. UAE Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
113. UAE Thermal Printing Market, By Printing Technology, 2018-2028 (USD Billion)
114. UAE Thermal Printing Market, By Application, 2018-2028 (USD Billion)
115. South Africa Thermal Printing Market, By Offering, 2018-2028 (USD Billion)
116. South Africa Thermal Printing Market, By Format Type, 2018-2028 (USD Billion)
117. South Africa Thermal Printing Market, By Printer Type, 2018-2028 (USD Billion)
118. South Africa Thermal Printing Market, By Product, 2018-2028 (USD Billion)
119. South Africa Thermal Printing Market, By Type, 2018-2028 (USD Billion)
List of Figures
1. Global Thermal Printing Market Segmentation
2. Global Thermal Printing Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Thermal Printing Market Attractiveness Analysis By Offering
9. Global Thermal Printing Market Attractiveness Analysis By Printing Type
10. Global Thermal Printing Market Attractiveness Analysis By Format Type
11. Global Thermal Printing Market Attractiveness Analysis By Printing Technology
12. Global Thermal Printing Market Attractiveness Analysis By Application
13. Global Thermal Printing Market Attractiveness Analysis By Region
14. Global Thermal Printing Market: Dynamics
15. Global Thermal Printing Market Share by Offering (2021 & 2028)
16. Global Thermal Printing Market Share by Printing type (2021 & 2028)
17. Global Thermal Printing Market Share by Format type (2021 & 2028)
18. Global Thermal Printing Market Share by Printing technology (2021 & 2028)
19. Global Thermal Printing Market Share by Application (2021 & 2028)
20. Global Thermal Printing Market Share by Regions (2021 & 2028)
21. Global Thermal Printing Market Share by Company (2020)
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