Retail Printers and Consumables Market Outlook (2023 to 2033)

The global retail printers and consumables market size reached USD 2,885.3 million in 2022 and is projected to touch a valuation of USD 3,015.1 million in 2023. With increasing applications in departmental stores, warehouse retailers, e-commerce, and supermarkets, the overall demand for retail printers and consumables is slated to expand at a CAGR of 4.5% between 2023 and 2033, totaling a valuation of USD 4,480.8 million by 2033.

Demand for advanced technologies such as printers, barcode readers, and scanners has been on the rise during the last few years in a notably changing world. Various industries are using these advanced technologies to ramp up their operations, reduce errors, and increase overall productivity.

Attributes Key Statistics
Retail Printers and Consumables Market Base Value (2022A) USD 2,885.3 million
Estimated Market Size (2023E) USD 3,015.1 million
Projected Market Value (2033F) USD 4,480.8 million
Value-based CAGR (2023 to 2033) 4.5%
Collective Value Share: Top 3 Countries (2022) 36.8%

Retail printers are electronic equipment used in the retail industry for printing receipts and labels used within the retail space. Ribbons and labels operate together in retail printers to produce an image. Moreover, Labels, ribbons, and paper are the consumables that are utilized with retail printers.

Ribbons and labels are used with label printers to produce labels, while paper or thermal paper is typically used to produce receipts at POS stations. There are a few factors expected to boost the growth of the global retail printers and consumables market during the forecast period, which includes:

  • The rising adoption of labeling in the retail sector.
  • Warehousing, and online stores to maintain assets, reduce chaos, and improve productivity

Rapid penetration of digitalization across various industries along with innovations in printing technology might further boost sales of retail printers and consumables during the next ten years. Currently, the retail printers and consumables market forms around 40% - 45% of its parent market i.e., the global printers’ market, and this number is likely to further increase during the assessment period.

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Sales Analysis of Retail Printers and Consumables Market 2018 to 2022 Vs Market Projections for 2023 to 2033

The global retail printers and consumables market increased at 3.7% CAGR during the historical period. However, with rising applications of retail printers and consumers across numerous end-use industries, the overall market is set to exhibit a growth rate of 4.5% CAGR between 2023 and 2033.

There has been significant growth in the retail industry due to increasing consumer spending, changing lifestyles, advancements in technology, and the development of innovative products over the years. This in turn is likely to push the demand for retail printers and consumables during the forecast period.

Sectors like supermarkets, malls, and departmental stores are increasingly using retail printers for printing receipts and labels. Thus, the rapid expansion of these sectors along with increasing usage of consumables like paper, ribbons, and labels is expected to provide a strong thrust to the growth of the global retail printers and consumables market over the next ten years.

The most promising regions for the growth of the global retail printers market are North America and East Asia. The retail printers and consumables market in East Asia is anticipated to be driven by increasing penetration of Chinese products as a result of their low prices.

A dynamic shift has been observed in the purchasing pattern of the consumers in the region. Hence, large-scale retailers are focused on updating their point of sales and labeling systems with the latest as well as cost-effective products available in the market.

Demand is especially high for thermal and direct thermal printing technology which helps in reducing costs since this involves a less number of moving parts. Additionally, the rising adoption of this printing technology is going to accelerate market growth during the forecast period.

The retail printers and consumables market is projected to expand by 1.5X by 2033 when compared to 2023.

What are the Recent Trends Impacting the Retail Printers and Consumables Market?

Rapid Growth of Retail Industry Worldwide to Propel Sales of Retail Printers and Consumables

The retail printers and consumables market is anticipated to be driven by rising printing usage in retail sectors such as supermarkets and departmental stores, as well as company deployment of retail printers and consumables to maintain assets.

Retail printers are used frequently in the manufacturing and retail sectors since they have established themselves as the industry standard for storing product information. Also, these printers cannot store or process information; as a result, they require a separate computer system to do so, because this could impede the market's growth,

Original equipment manufacturers (OEMs) are concentrating on developing and marketing retail printers that can serve as both a printer and a computer, eliminating the need for a separate system. This might bode well for the global retail and consumables market during the forecast period.

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Nikhil Kaitwade

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What are the Challenges Faced by the Retail Printers and Consumables Market Manufacturers?

When a label printer in a retail space is connected to a computer system that runs on one of these operating systems, or any other operating system compatible with it, it functions without a hitch.

Label printers are programmed to operate on a few user interface applications, such as Windows and Linux. However, as the variety of computer operating systems has dramatically increased, computer terminals used in different fields now have varying operating systems based on convenience of use and duties that the computer must perform.

Label and receipt printers are designed and programmed to be compatible with a limited number of operating systems due to intrinsic memory systems and programmable logic controller restrictions. This issue may prove to be a barrier to the market's growth.

Country-wise Insights

Where Does the United States Stand in the Global Retail Printers and Consumables Market?

Flourishing E-Commerce Industry Playing a Crucial Role in Boosting Market Growth in the United States

Country The United States
Market Share % (2023) 20.2%

As per FMI, the United States is anticipated to hold around 20.2% share of the global retail printers and consumables market in 2023, making it one of the most dominant markets. Key factors driving growth in the United States retail printers and consumables market are:

  • Increasing consumer spending.
  • Availability of advanced printing technologies and consumables.
  • The strong presence of leading manufacturers.
  • Booming e-commerce sectors

Similarly, demand for retail printers and consumables is likely to be significantly influenced by the expanding investments in supermarkets, departmental stores, and warehouses in the United States.

Leading OEMs are concentrating their efforts on continuously improving only these two types of printers while other types of printers, including wristband printers, are only sold in their stock version form.

Key manufacturers of data capture and barcode printing technologies, like Printronix Inc., Avery Dennison Corporation, and Zebra Technologies Corporation, are routinely improving their flagship desktop and industrial printer models to maintain a competitive edge over rivals. This is further expected to accelerate the growth of the retail printers and consumables market in the country.

What is the Outlook for Retail Printers and Consumables Market in China?

Growing Focus toward Increasing Productivity across Business Fueling Sales in China

Country China
Value CAGR % (2023) 5.2%

The retail printers and consumables market in China is predicted to expand at a CAGR of 5.2% between 2023 and 2033 amid the significant growth of end-use verticals and growing focus on increasing productivity,

A big number of industrial firms in China are automating and simplifying their production processes to cut down on time and material waste and increase productivity. One such method that is being used hugely is labeling. This method assigns a barcode to each assembly or component of the finished product, which is printed on the label.

The barcode is repeatedly scanned and recorded at each workstation, providing data on the product's development. Also, the adoption of this entire process streamlining in warehousing and online retailing, which uses a method akin to a production line in which each component that needs to be shipped is moved around the retail area, is playing a key role in accelerating market growth in China.

Why is Germany Emerging as a Leading Market for Retail Printers and Consumables?

Expansion of Retail Industry Sectors Pushing Demand in Germany

Country Germany
Market Share % (2023) 12.8%

Germany’s retail printers and consumables market is anticipated to expand at a significant CAGR of 7.6% during the forecast period. This can be attributed to the notable growth of retail industry sectors such as supermarkets, departmental stores, and convenience stores.

There has been a sharp rise in the number of retail enterprises in Germany due to rapid urbanization and economic growth over the years. This is acting as a catalyst triggering the growth of the retail printers and consumables market and the trend is likely to continue during the assessment period.

Labeling products in the retail industry has become the de facto standard for product information storage. Retailers in Germany employ text data and machine-readable barcodes to easily record the supplies and goods they sell to clients.

Barcodes with labels that have information on the products' count, manufacturing date, date of supply to the store, selling price, etc. adhere to the products. The data is retrieved and tracked when these products are scanned. This entire procedure, which may be completed in a matter of seconds, lowers errors while simultaneously increasing efficiency. T

This process has also aided businesses in keeping track of their stock on the store floor and in the warehouse. Barcodes are used throughout key businesses like Walmart, Carrefour, Costco, and IKEA. This in turn is driving the growth of the retail printers and consumables market.

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Category-wise Insights

Which Type of Retail Printers are High in Demand in the Global Retail and Consumables Market?

Demand to Remain High for Mobile Retail Printers in the Market

By type, the global printers and consumables market is segmented into desktop retail printers, industrial retail printers, mobile retail printers, and others. Among these, demand for mobile printers is slated to expand at the highest pace during the forecast period, holding around 40% share of the total market by the end of 2032. This can be attributed to the rising adoption of mobile retail printers due to their portable and user-friendly nature as well as low cost.

The industrial retail printers segment is anticipated to have the second-highest market share during the forecast period.

Which Application is Expected to Contribute Most to the Global Retail Printers and Consumables Market?

Supermarkets to Generate High Revenues in the Global Market

The supermarket segment held a notable revenue share in the global market for retail printers, followed by the departmental store in 2022. This is attributable to the significant surge in several supermarkets worldwide and the increasing usage of retail printers and consumables in supermarkets.

Retailers, especially in supermarkets, from all over the world are striving for improved point of sale, labeling, and barcoding experiences to speed up the entire retailing process. For this purpose, they use various retail printers.

Label printer manufacturers have switched to thermal printing options for receipt printing and thermal transfer printing for labeling solutions to reduce time wastage. While thermal transfer printing is used when the consumer wants a long life from the imprinted image before it starts fading, thermal printers provide superior printing options where long-term solutions are not necessary.

Retailers in the area have shifted away from alternative printing technologies including laser and inkjet printing toward thermal and direct thermal printing, allowing producers to profit

Competitive Landscape

Key manufacturers of retail printers and consumables are continuously upgrading their product portfolios by launching new advanced solutions and upgrading their current product lineup as well as providing cutting-edge features and wireless connection. Besides this, they are adopting strategies such as partnerships, acquisitions, mergers, collaborations, and strengthening distribution channels to increase their global footprint. For instance,

  • In 2022, Epson, the global leader in label and receipt printers, launched a new liner-free label printer called TM-L100, for hospitality and retail food providers.
  • In February 2022, Canon strengthened its line-up of inkjet printers for businesses with the launch of the MAXIFY GX5070 printer.

Zebra Technologies, Toshiba, and Brother Industries - Top Deliverers of Retail Printers and Consumables

Zebra Technologies Corporation is an American mobile computing business that specializes in technology that senses, analyses, and acts in real-time. The business produces and retails computer printing, tracking, and marking technologies. Mobile, computers, tablets, software, thermal barcode label, and receipt printers, RFID smart label printers, encoders, fixed & portable readers, antennas, autonomous mobile robots (AMRs), machine vision (MV), and fixed industrial scanning hardware & software are among its products.

Zebra's barcode, RFID, and card supplies have been meticulously chosen to provide great print quality, durability, and read performance, as well as decrease printer wear and tear.

In June 2022, Zebra Technologies Corporation, a leader in business innovation with partners and solutions that give users a competitive edge, announced the completion of its acquisition of Matrox Imaging (Matrox Electronic Systems Ltd.), a reputable maker of sophisticated machine vision systems, software, and components.

Following the introduction of its fixed industrial scanning and machine vision portfolio and recent acquisitions of Adaptive Vision and Fetch Robotics, this purchase significantly broadens Zebra's product offerings in the significantly expanding automation and vision technology solution area.

The company has been continuously working toward providing businesses with advanced printing technology and consumables that enable them to speed up their operations while reducing overall costs and wastage.

Another key player is Toshiba Tec Corporation a corporation in Japan that primarily develops, manufactures, sells, and maintains office and electrical gear. Two business segments make up the Company's operations. It was a leading producer of household appliances, consumer electronics, medical devices, and personal computers.

Toshiba announced its division in November 2021 to form three distinct entities. The two businesses might focus on infrastructure and electrical equipment, respectively, while the third, which is going to continue to operate under the Toshiba name, might be in charge of managing Kioxia's 40.6% investment as well as all other remaining assets. By March 2024, the business hopes to have the project finished.

The company recently (2014) launched a new barcode label printer under the B-FV4 series. TOSHIBA’s B-FV4 Series offers the best value in affordable, powerful label printing solutions.

Brother Industries, Ltd. is a global Japanese manufacturer of electronics and electrical equipment with its headquarters in Nagoya. Its products range from desktop computers, consumer and industrial sewing machines, big machine tools, label printers, typewriters, fax machines, and other computer-related gadgets to printers, multifunction printers, and printers. Brother Industry distributes its goods both directly and through OEM contracts with other businesses.

Brother Industries, Ltd. has become a leading manufacturer of retail printers and consumables over the years. As of October 2020, Brother's yearly sales income was 637,259 million yen (USD 6,044,666,710). In 2022, the company launched a new RJ-3200 printer series that consists of two high-performance label and recipient printers designed to fit the needs of modern workers.

Retail Printers and Consumables Market Report Scope

Attribute Details
Estimated Market Size (2023) USD 3,015.1 million
Projected Market Size (2033) USD 4,480.8 million
Anticipated Growth Rate (2023 to 2033) 4.5%
Forecast Period 2018 to 2022
Historical Data Available for 2023 to 2033
Market Analysis USD million for Value and Units for Volume
Key Regions Covered North America; Latin America; Europe; East Asia; South Asia & Pacific; and the Middle East & Africa
Key Countries Covered The United States, Canada, Mexico, Brazil, Germany, France, Italy, Spain, BENELUX, the United Kingdom, Russia, China, Japan, South Korea, India, ASEAN, Australia & New Zealand, South Africa, and Northern Africa.
Key Market Segments Covered Type, Technology, Application, and Region
Key Companies Profiled Zebra Technologies Corporation; Honeywell International Inc.; Toshiba TEC Corporation; SATO Holdings Corporation; Avery Dennison Corporation; Oki Electric Industry Co. Ltd.; TSC Auto Id Technology Co. Ltd.; tar Micronics Co. Ltd.; Postek Electronics Co. Ltd.; GoDEX International Co. Ltd.; Citizen Watch Co. Ltd.; Brother Industries Ltd.; Bixolon Co. Ltd.; Pos-X LLC; Primera Technology Inc.; CognitiveTPG LLC; Seiko Holdings Corporation; Wasp Barcode Technologies; Cab Produkttechnik GmbH & Co KG; BlueBird Inc
Report Coverage Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives

Key Segments Covered in Retail Printers and Consumables Market Analysis

By Type:

  • Desktop Printers
  • Industrial Printers
  • Mobile Printers
  • Others

By Technology:

  • Label Printer
    • Thermal Transfer
    • Direct Thermal
    • Inkjet
    • Laser
  • Paper Printer
    • Thermal Transfer
    • Direct Transfer
    • Impact
    • Inkjet

By Application:

  • Departmental Stores
  • Warehouse Retailers
  • Mom & Pop Stores
  • E-Commerce
  • Supermarkets

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa

Frequently Asked Questions

What is the Projected Size of the Retail Printers and Consumables Market by 2033?

The market is expected to reach a valuation of USD 4,480.8 million by 2033.

Who are the Key Players in the Market?

Zebra Technologies Corporation and Honeywell International Inc. are the key players in the market.

Which Country is Expected to Have a Substantial Market Share in the Industry?

The United States is anticipated to hold a significant market share.

What is the Projected Growth Rate for the Retail Printers and Consumables industry?

The market is projected to expand at a CAGR of 4.5% through 2033.

What is the Current Worth of the Retail Printers and Consumables Market?

The market is expected to be valued at USD 3,015.1 million in 2023.

Table of Content
	1. Executive Summary
	2. Market Overview
	3. Market Background
	4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
	5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
		5.1. Desktop Printers
		5.2. Industrial Printers
		5.3. Mobile Printers
		5.4. Others
	6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology
		6.1. Label Printer
			6.1.1. Thermal Transfer
			6.1.2. Direct Thermal
			6.1.3. Inkjet
			6.1.4. Laser
		6.2. Paper Printer
			6.2.1. Thermal Transfer
			6.2.2. Direct Transfer
			6.2.3. Impact
			6.2.4. Inkjet
	7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application
		7.1. Departmental Stores
		7.2. Warehouse Retailers
		7.3. Mom & Pop Stores
		7.4. E-Commerce
		7.5. Supermarkets
	8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
		8.1. North America
		8.2. Latin America
		8.3. Western Europe
		8.4. Eastern Europe
		8.5. South Asia and Pacific
		8.6. East Asia
		8.7. Middle East and Africa
	9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
	16. Key Countries Market Analysis
	17. Market Structure Analysis
	18. Competition Analysis
		18.1. Zebra Technologies Corporation
		18.2. Honeywell International, Inc.
		18.3. Toshiba TEC Corporation
		18.4. SATO Holdings Corporation
		18.5. Avery Dennison Corporation
		18.6. Oki Electric Industry Co., Ltd.
		18.7. TSC Auto Id Technology Co., Ltd.
		18.8. Star Micronics Co., Ltd.
		18.9. Postek Electronics Co., Ltd.
		18.10. GoDEX International Co., Ltd.
		18.11. Citizen Watch Co., Ltd.
		18.12. Brother Industries, Ltd.
		18.13. Bixolon Co., Ltd.
		18.14. Pos-X LLC
		18.15. Primera Technology Inc.
		18.16. CognitiveTPG, LLC
		18.17. Seiko Holdings Corporation
		18.18. Wasp Barcode Technologies
		18.19. Cab Produkttechnik GmbH & Co KG
		18.20. BlueBird, Inc.
	19. Assumptions & Acronyms Used
	20. Research Methodology
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