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Pocket Printer Market
Increasing product launches and the growing travel and tourism sector are some of the major trends in the pocket printer market.
Increasing product launches and the growing travel and tourism sector are some of the major trends in the pocket printer market.” - Polaris
market ResearchNEW YORK CITY, NY, UNITED STATES, September 9, 2024 /EINPresswire / -- According to Polaris Market Research's latest research report, the pocket printer market size was valued at USD 1,596.07 million in 2023 and is projected to grow to USD 3,479.88 million by 2032, exhibiting a CAGR of 9.1% from 2024 to 2032.
What are Pocket Printers?
A pocket printer is a small, portable printer that can be used to print photos or text. It offers users a way to print high-quality photos without having to invest in expensive cartridges or photo paperbacks. Some pocket printers work with ink, whereas other pocket printers can print photos using a technique that doesn't need ink. These printers typically make use of colorless zinc paper having color crystals. Pocket printers heat up the crystals while printing, resulting in the development of colors.
Pocket printers are wireless and come with a battery. To print photos, users need to connect the printer to their tablet, smartphone, or laptop. The printers can be connected using Bluetooth, Wi-Fi, or a USB cable. The growth of the consumer electronics industry worldwide has led to increased demand for pocket printers, thereby fueling the pocket printer market sales.
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Key Report Highlights:
.The pocket printer market size was valued at USD 1,596.07 million in 2023 and is projected to grow to USD 3,479.88 million by 2032.
.The increased proliferation of laptops and other smart devices has led to increased production of consumer electronics and pocket printers.
.The market segmentation is primarily based on technology, application, and region.
.North America accounted for the largest share of the market.
Top Market Players:
The pocket printer market key players are:
.BIXOLON Co., Ltd
.Canon Inc.
.Eastman Kodak Company
.FUJIFILM Corporation
.HP Development Company, L.P.
.LG Electronics
.Life Print Photos
.PeriPage
.Phomemo
.Polaroid
.Seiko Epson Corp.
Growth Drivers and Opportunities:
Increasing Product Launches: The top market participants are frequently launching new products with improved features to increase speeds and improve print quality. These types of launches are catering to the diverse needs of consumers and impacting the pocket printer market demand favorably.
Growing Travel and Tourism: Countries worldwide are experiencing growth in their travel and tourism industries due to affordable air travel and increased global connectivity. Pocket printers enable travelers to instantly pick photographs from their phones and laptops.
Increased Wireless Integration: Pocket printers come with Bluetooth and Wi-Fi connectivity for enabling effortless printing from a diverse array of devices. The rising emphasis on wireless device integration supports the expansion of the market.
Regional Analysis:
North America: North America accounted for the largest pocket printer market share in 2023. The region's robust growth is due to the presence of several key companies that foster innovation, promote competitive pricing, and enable strong distribution networks. Besides, advanced technological infrastructure and high consumer demand further contribute to the region's dominance in the market.
Asia Pacific: Asia Pacific is projected to grow significantly from 2024 to 2032. The is primarily due to the increased adoption of these devices in healthcare and telecom industries. Pocket printers enable efficient printing of prescriptions and test results in healthcare, whereas they are used for on-site printing of customer records in telecom.
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Segmental Overview:
By Technology Outlook
.Impact
.Inkjet
.Thermal
By Application Outlook
.Healthcare
.Retail
.Telecom
.Transport & Logistics
.Others
By Regional Outlook
.North America
oUS
oCanada
.Europe
oGermany
oFrance
oUK
oItaly
oSpain
oNetherlands
oRussia
oRest of Europe
.Asia Pacific
oChina
oJapan
oIndia
oMalaysia
oSouth Korea
oIndonesia
oAustralia
oRest of Asia Pacific
.Middle East & Africa
oSaudi Arabia
oUAE
oIsrael
oSouth Africa
oRest of Middle East & Africa
.Latin America
oMexico
oBrazil
oArgentina
oRest of Latin America
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FAQs
What is the growth rate of the pocket printer market?
The market is projected to register a CAGR of 9.1% from 2024 to 2032.
Which region dominated the pocket printer market?
North America had the largest share of the market in 2023.
Which technology had the highest CAGR in the global market?
The thermal segment registered the highest CAGR in the market.
Which application held the largest share of the pocket printer market?
The retail segment held the largest market share in 2023.
Browse PMR's Pocket Printer Market Report Coverage from Different Publications:
Pocket Printer Market Size to Expand at a Staggering 9.1% CAGR, Reaching US$ 3,479.88 Million from 2024 to 2032
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About Polaris Market Research:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
Likhil G
Polaris Market Research and Consulting
+1 929-297-9727
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.