Global Portable Printer Market was valued US$ 850.15Mn in 2019 and is expected to reach US$ 1854.12Mn by 2027 at a CAGR of 10.24% during the forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Compact size, growth in internet penetration and rise in adoption of smart devices are the key factors for growth of global portable printer market. Also proliferation of online businesses like ecommerce and online grocery, and increase in adoption of BYOD policy are other factors driving the global portable printer market. Research & development on better battery runtime & availability of more number of pages are provides large number of opportunities to the global portable printer market. Rise in investment on digitization across the globe hamper the market growth. Additionally growing preference for paperless billing and notifications solutions and rising customer preference for viewing bills and respites in their portable devices is identified as limiting factors for progression of global Portable Printer Market.
The technology segment is divided into thermal, inject and impact. Thermal Portable printer is further divided into direct thermal and thermal transfer. Among the above segments, thermal portable printer segment captured the biggest market in overall portable printer market.
The transportation and logistics segment accounted for the highest share in the portable printer market in 2017. Additionally, the report provides a precise prediction of the contribution of the various application segments to the growth of the portable printer market size.
The Asia Pacific region held the largest share of the market in 2018, accounting for more than 37% share, followed by the Americas and Europe, Middle East and Africa respectively. Even though the EMEA region held the minimum share of the market in 2018, it is expected to register the higher incremental growth during the forecast period. Moreover, U.S. is the dominating country in North America region because of growing adoption of portable printer by the retail and healthcare sector. Additionally, presence of major key vendors of portable printers like Toshiba Tec Corporation, Canon Inc. in Asia Pacific region is expected to supplement the growth of portable printer market in the Asia Pacific region. In addition to this, China and Japan is the major contributor to the growth of portable printer market. Moreover, China portable printer market is expected to grow at a significant speed because of swiftly evolving printing industry.
This report include rising research and development expenses to provide changing demand of end users, similarly, growth strategies like acquisition, merger, and expansion of the distribution network were few techniques embraced by most of Tier 1 and Tier 2 manufacturers in recent years.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding dynamics, structure by analyzing the market segments by technology, industry vertical and region and, project the global market size. The report also provides a clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Portable Printer market. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address the question of shareholders in arranging the efforts and investment in the near future to a particular market segment.
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Scope of Portable Printer Market
Global Portable Printer Market, By Technology
Global Portable Printer Market, By Industry Vertical
• Transportation & Logistics
Global Portable Printer Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global Portable Printer Market
• Bixolon Co. Ltd
• Brother Industries Ltd.
• Canon Inc.
• Hewlett Packard Enterprise Development LP
• Honeywell International Inc.
• Polaroid Corporation
• Printek LLC
• Toshiba Tec Corporation
• ZEBRA Technologies
• Seiko Epson
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