DUBLIN, Aug. 26, 2022 /PRNewswire/ — The “Barcode Printer Market, By Printer Type, By Printing Technology, By Application By Distribution Channel, By Consumables and By Region – Size, Share, Outlook, and Opportunity Analysis, 2022 – 2030” report has been added to ResearchAndMarkets.com’s offering.
Barcode is a machine-code in form of parallel lines of varying width used for coding product information. A barcode printer is an electronic device that is typically used for printing barcode tags or labels, which can be attached to objects that are for sale or shipping .
Barcode printers do not have programmable logic controllers though they rely on an external computer system. The barcode printer uses direct thermal or thermal transfer techniques to apply ink labels. They are typically used in the manufacturing industry, transportation, government, healthcare, commercial services, and retail.
A number of manufacturers around the world are incorporating automation and streamlining their manufacturing processes, in order to reduce wastage and enhance the efficiency of output. This, in turn, has increased the adoption of barcodes significantly, as each product or part in the assembly is assigned barcode which is signed and recorded repeatedly at each workstation. As a result, this provides information on the progress of the product.
This, in turn, has reduced production time significantly in the manufacturing process thereby driving the demand for barcode printers. Also, barcodes are extensively used in the retail industry to tag products where it can store key information such as manufacturing date, price, where it was manufactured, batch number, and more. This can help retailers to keep the record of their products and inventory on shops and warehouses. This, in turn, is expected to drive the market growth in the near future.
As per the new regulations in US and other European countries, it is mandatory for all manufacturers to include a unique serial number and 2D barcode on every drug containers for sale and transportation. Also, Barcodes have been widely used in healthcare industry for other numerous purposes including surgical procedures, patient identification, specimen labeling, tracking devices, etc. Thus, growing adoption of barcodes in healthcare industry is expected to pose excellent growth opportunities for market players.