The rising demand for mobile printers and the growing adoption of barcode printers in the manufacturing industry are anticipated to drive the growth of the global barcode printer market during the forecast period from 2023 to 2032, according to a new report released today by Allied Market Research.
Findings reveal that the global barcode printer market generated US$3.7 billion in 2022, and is anticipated to generate US$13.5 billion by 2032, witnessing a compound annual growth rate (CAGR) of 13.7 per cent from 2023 to 2032.
“The rising demand for mobile printers, the growing demand for industrial printers across numerous industrial sectors, and the rising usage of barcode printers for streamlining logistics processes are the major factors predicted to drive the growth of the global barcode printers market in the forecast timeframe,” the research firm said.
