The Increasing Market Analysis on Thermal Printing 2025-2030
Market Size & Forecast (2025 - 2030)
2025: Market valued at USD 43.61 billion.
2030: Projected to reach USD 53.85 billion, reflecting a 4.31% CAGR.
The thermal printing market is experiencing steady growth from 2025 to 2030, driven by a variety of factors across industries, including advancements in technology and rising demand in sectors like e-commerce, logistics, healthcare, and retail.
Key drivers for Market Growth:
- E-commerce Growth: The rise in online shopping has significantly increased the demand for barcode and label printing, fueling the thermal printing market.
- Healthcare Regulations: Serialization and tracking requirements in the healthcare sector drive demand for thermal printing solutions.
- Technological advancements: Innovations such as IoT-enabled printheads, RFID-label workflows, and fleet management software strengthen the relevance of thermal printing in connected supply chains.
- Cost Advantages: Thermal printing remains an attractive option for high-volume businesses due to lower costs compared to inkjet or laser printing technologies.
Additionally, Asia-Pacific region is becoming a major manufacturing hub for thermal printing, with global supply chains increasingly shifting toward this region.
Market Segmentation Analysis
By Application:
- Barcode Printing: Dominates the market, with substantial revenue share in 2024.
- Label Printing: A significant application area driven by demand from industries like retail and logistics.
- POS/Receipt: Widely used in retail and hospitality sectors for point-of-sale transactions.
- Other: Includes specialized applications in manufacturing and healthcare, particularly for labeling and tracking.
By Printing Technology:
- Direct Thermal: Accounts for the largest market share, providing a simple and cost-effective solution for high-volume printing.
- Thermal Transfer: A more durable and high-quality option, ideal used for labels and tags requiring long-lasting prints.
- Dye Diffusion Thermal Transfer: Expected to grow due to its ability to produce high-quality color prints for a variety of applications.
By Format Type:
- Industrial Tabletop Printer: Holds the largest share in 2024 and is projected to remain dominant due to high-volume printing needs in manufacturing and logistics.
- Mobile Printer: Include Tabletop printer, expected to grow significantly at 7.45% CAGR, driven by the increasing demand for Portable Printers in retail, logistics and toys.
By End-Use Industry:
- Retail and E-commerce: A major contributor to revenue, with substantial growth in online sales and logistics.
- Transportation and Logistics: Expected to see strong growth, driven by the increasing need for tracking and shipment labeling.
- Manufacturing and Warehouse: Increasingly adopting thermal printing for inventory management and supply chain optimization.
- Other: Includes healthcare, where regulations on labeling and serialization are growing.
By Region:
- North America: Held 35.65% of the market share in 2024, driven by strong demand from retail, e-commerce, and logistics.
- Asia-Pacific: Projected to grow at 6.25% CAGR, fueled by manufacturing and logistics hubs in China and India.
- Europe: A key market, driven by regulatory standards in healthcare and retail industries.
- South America, Middle East, and Africa: Emerging markets expected to show gradual growth due to increased adoption in manufacturing and logistics.
Market Trends:
- Mobile Solutions: The mobile Handheld Printer segment is expected to grow significantly due to increasing demand from warehouses, field workers, and other mobile labelers.
- Barcode Printing: Barcode printing remains a dominant application, driven by global GS1 standardization and regulatory needs, especially in logistics and e-commerce sectors.
Conclusion
Overall, the thermal printing market is seeing robust growth, especially in mobile solutions, logistic and the healthcare sector. However, challenges such as high repair costs and competition from emerging technologies like RFID need to be addressed.
As a manufacturer in the thermal printing space, OPos Printer remains committed to contributing to the continued growth and innovation of the thermal printing industry.
Any demands on thermal printer and thermal printer mechanism, feel free to reach out us.
Source: Mordor Intelligence.