Growing end-use sectors, including manufacturing, retail, and e-commerce, combined with technical developments and supportive government initiatives, to propel the India Barcode Scanner and Printer market in the forecast period 2023- 2028.
According to the TechSci Research report, “India Barcode Scanner and Printer Market - By Region, Competition Forecast & Opportunities, 2018-2028,” the India Barcode Scanner and Printer Market is expected to register robust growth during the forecast period, 2024-2028. Due to its growing use across a variety of industrial verticals, barcode printer sales have rapidly increased in recent years. The barcode printers are employed for both individual identification and a variety of events. It is projected that the widespread use of e-commerce sites like Amazon and Flipkart, will increase demand for thermal barcode printers.
Barcodes have made it easier for customers to use various products and commodities. Information about products is now commonly stored and labeled. The product's production date, the date it was delivered to the retailer, the number of units, the selling price, etc., may all be stored on a barcode label affixed to the product. The data is obtained and shown on the monitor when the goods are scanned. Since the entire procedure takes a few seconds, efficiency is increased, and mistakes are decreased. Retailers may then use this to keep track of their items and inventories. Rising implementation of automation and streamlining of manufacturing processes to reduce time and material wastage by the manufacturing industry for improving efficiency will increase the demand for barcode scanners and printers . This is the primary factor driving demand for barcode printers across the country.
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Product labels with barcodes are used to keep track of product quantity, production date, and pricing information. Barcodes aid in information retrieval and product monitoring and assist merchants or manufacturers in working more efficiently and making fewer mistakes. However, problems with barcode printers' compatibility with various operating systems are a significant barrier to expanding the worldwide barcode printer industry. The increasing use of RFID tags as a substitute for barcode labels is hampering the need for barcode printers.
Moreover, Barcode scanners are being used by retailers all over the country to simplify the tracking of supply and commodities. Barcode scanners help in the processing of data such as product count, manufacturing date, delivery date to the merchant, and product cost, that are written in the form of a barcode on the product's packaging. All these factors are assisting the growth of barcode scanner industry all across the nation.
India Barcode Scanner and Printer Market is divided into Type, Application, Regional Distribution and Competitive landscape. Based on Type, the market is divided into Standalone and Integrated. Based on Application, the market divided into Retail & E-commerce, Logistics & Supply Chain, Automotive, Healthcare, Manufacturing, Others. The Standalone segment is further divided into scanners and printers. Based on Scanners, the market is divided into product type (Portable and Fixed Position) and scanner type (Laser Scanner, Smartphone based Scanner, Omni Directional Scanner and Others). Based on Printer, the market is divided into Product Type (Portable and Fixed Position), Printer Technology (Thermal Transfer and Direct Thermal) and Resolution (Below 300 dpi, Between 301 & 600 dpi and Above 601 dpi.
Key market players in the India Barcode Scanner and Printer Market include:
- TSC Auto ID Technology Co., Ltd
- Zebra Technologies India Private Limited
- Honeywell Automation India Limited
- TVS Electronics Limited
- Sato Auto-ID India Private Limited
- Cognex Sensors India Private Limited
- Toshiba India Private Limited
- Bar Code India Limited
- Postek Electronics Co., Ltd
- Datasensor India Private Limited
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“Some key aspects driving the growth of the India Barcode Scanner and Printer Market include the expansion of asset-tracking applications and the rapid progress of printing and printer technologies. Many sectors use labels and barcodes track assets and provide product information. These factors, together with widespread usages like labeling boxes before shipping and labeling retail goods with special product codes or international article numbers, are significantly boosting the popularity of barcodes. Because of the growing demands from the commercial sector, the market for retail barcode printers is expected to continue to grow in the forecast period 2023-2028” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India Barcode Scanner and Printer Market By Type (Standalone & Integrated), By Application (Retail & E-commerce, Logistics & Supply Chain, Automotive, Healthcare, Manufacturing, Others), By Region, Competition Forecast and Opportunities, 2028,” has evaluated the future growth potential of India Barcode Scanner and Printer market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in India Barcode Scanner and Printer market.
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