Global Commercial Label Printer Device Market to Grow at a CAGR of 7.8% (2016-2024)
According to Goldstein Research, global Commercial label printer market is valued at USD 12.5 billion in 2016, growing at a CAGR of 7.8%. The growth of printing device industry and the demand for customized labels to showcase the authenticity of the product are driving force backing the growth of global commercial label printer market. Global Commercial label printer market segmentation has been done on the basis of printing technology, connectivity, application, end-user and geography. With the positive benefits of commercial label printer upon customers, it also faces the challenges from printed rigid and flexible packaging of products that eliminates the need for label printing. Global Commercial label printer market is majorly dominated by Europe that accounted for 32% market share. Asia-Pacific region is estimated to grow at a fastest rate and thus tends to acquire the largest market share over the forecast period. North America region accounted for 24% market share in 2016. Market Segmentation On the basis of our in-depth analysis, Global Commercial Label Printer Market can be segmented as follows: • Based on Printing Technology o Flexographic Printing Technology o Laser Printing Technology o Thermal Transfer Printing Technology o Ink Jet Printing Technology • Based on Connectivity o Wi-Fi o Bluetooth o Ethernet o Universal Serial Bus (USB) o Based on Colors o Multi-Color Commercial Label Printer o Monochrome Commercial Label Printer • Based on Application o Label Printing on Plastic o Label Printing on Paper o Label Printing on Textiles o Label Printing on Metal o Label Printing on Rubber & Wood o Label Printing on Ceramics • Based on End-User o Food & Beverage o Manufacturing o Transportation & Logistics o Retail • On the basis of region o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)} o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)} o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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