Pocket Printer Market
PUBLISHED: 2024 ID: SMRC27607
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Pocket Printer Market

Pocket Printer Market Forecasts to 2030 - Global Analysis By Printer Type (Thermal Printers, Zink (Zero Ink) Printers, Inkjet Printers, Mini Mobile Printers, Label Printers and Other Printer Types), Connectivity, Price Range, Application, End User and By Geography

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4.3 (15 reviews)
Published: 2024 ID: SMRC27607

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Pocket Printer Market is accounted for $1.8 billion in 2024 and is expected to reach $3.4 billion by 2030 growing at a CAGR of 11.6% during the forecast period. A pocket printer is a compact, portable printing device designed for convenience and ease of use, allowing users to print documents, images, or labels directly from their smartphones or tablets. Typically lightweight and battery-operated, these printers utilize technologies like Bluetooth or NFC for seamless connectivity. Ideal for on-the-go printing needs, pocket printers cater to students, professionals, and creative individuals who require quick and efficient printing solutions. 

According to IBEF, the electronics hardware production in India reached USD 87 billion in 2022. The consumer electronics and home appliances market in India is projected to expand by USD 2.3 billion from 2022 to 2027.

Market Dynamics: 

Driver: 

Growing consumer electronics industry

The growing consumer electronics industry is significantly boosting the market, driven by increasing demand for portable and convenient printing solutions. As smartphone usage rises, more consumers seek devices that enable quick printing of photos, documents, and labels. Innovations in technology, such as improved connectivity options and enhanced print quality, further enhance their appeal. This expansion reflects a broader trend towards mobility and convenience in everyday consumer products, making pocket printers a popular choice.

Restraint:

Shift towards digital solutions

The shift towards digital solutions poses challenges for the market, as consumers increasingly rely on digital files and cloud storage for convenience. This transition can lead to decreased demand for physical prints, impacting sales and growth for pocket printer manufacturers. Additionally, the proliferation of digital communication methods reduces the necessity for printed materials, causing some businesses to pivot away from traditional printing solutions in favor of fully digital alternatives.

Opportunity:

Rising internet penetration

Rising internet penetration is positively impacting the market by facilitating easier access to online content and cloud-based printing services. As more consumers gain reliable internet connectivity, they can seamlessly print photos, documents, and labels directly from their devices, enhancing the convenience of portable printers. This trend encourages the development of innovative apps and features that integrate with pocket printers, driving consumer interest and expanding market opportunities in the digital printing landscape.

Threat:

High initial costs

High initial costs can be a significant barrier in the market, limiting access for potential consumers. The steep price of these devices may deter budget-conscious buyers, leading them to opt for cheaper alternatives or forgo printing altogether. Additionally, high costs can hinder market growth, as consumers may perceive pocket printers as luxury items rather than essential tools. This can restrict widespread adoption, ultimately impacting sales and innovation within the industry.

Covid-19 Impact: 

The COVID-19 pandemic had a mixed impact on the market. Initially, demand surged as remote work and online learning created a need for at-home printing solutions. Consumers sought portable devices for printing documents and educational materials. However, supply chain disruptions and economic uncertainty also affected production and sales. As people adapted to digital alternatives, long-term growth became uncertain, leading manufacturers to rethink strategies to maintain relevance in a changing landscape.

The inkjet printers segment is projected to be the largest during the forecast period

The inkjet printers segment is projected to account for the largest market share during the projection period. These compact devices utilize ink cartridges to produce vibrant images and clear text, making them ideal for printing photos and documents on the go. As technology advances, inkjet pocket printers are becoming increasingly efficient, offering features like wireless connectivity and mobile app integration, which cater to the needs of tech-savvy consumers seeking convenience and portability.

The document printing segment is expected to have the highest CAGR during the forecast period

The document printing segment is expected to have the highest CAGR during the extrapolated period. These compact printers enable users to produce high-quality printed materials such as reports, contracts, and presentations directly from their smartphones or laptops. The convenience of on-the-spot printing enhances productivity, making pocket printers an essential tool for remote workers, students, and professionals who require quick and efficient access to printed documents.

Region with largest share:

North America region is projected to account for the largest market share during the forecast period. With increasing smartphone penetration and a shift towards mobile work environments, pocket printers are becoming essential tools for professionals, students, and creatives. Technological advancements, such as improved connectivity and enhanced print quality, further drive adoption. Additionally, the region's focus on convenience and innovation positions North America as a key player in this emerging market.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period fueled by a strong demand for portable printing solutions among consumers. High smartphone penetration and a burgeoning trend towards mobile technology are propelling demand for portable printing solutions. Additionally, advancements in printing technology and a shift towards e-commerce have made these devices more accessible. As businesses and consumers seek convenient printing options, Asia Pacific is poised to become a major market player.

Key players in the market

Some of the key players in Pocket Printer market include BIXOLON Co., Ltd, Canon Inc., Eastman Kodak Company, Avery Dennison Corporation, HP Development Company, L.P., LG Electronics, Toshiba Tec Corporation, Zebra Technologies Corporation, Honeywell International Inc, Fujitsu Limited, SATO Holdings Corp., HiTi Digital Inc., Brother Industries Ltd, CognitiveTPG, Printek LLC, PHOMEMO  and Canal Toys.

Key Developments:

In July 2024, PHOMEMO introduced the PHOMEMO Inkless Portable Printer P15, which is engineered to streamline and elevate the printing experience for creative projects.

In March 2024, Canal Toys, a company in the toy industry, launched the Photo Creator Instant Pocket Printer. The printer is a part of Canal Toys' photo creator range and is recognized for its instant print cameras.

Printer Types Covered:
• Thermal Printers
• Zink (Zero Ink) Printers
• Inkjet Printers
• Mini Mobile Printers
• Label Printers
• Other Printer Types

Connectivity Covered:
• Bluetooth
• Wi-Fi
• USB
• Near Field Communication (NFC) 

Price Ranges Covered:
• Budget Models
• Mid-Range Models
• Premium Models 

Applications Covered:
• Photo Printing
• Label Printing
• Document Printing
• Art and Craft Printing
• Educational Use
• Other Applications 

End Users Covered:
• Transportation & Logistics
• Hospitals & Healthcare
• Law Enforcement
• Manufacturing
• Retail
• Other End Users 

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
           
2 Preface          
 2.1 Abstract         
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology       
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions       
           
3 Market Trend Analysis        
 3.1 Introduction        
 3.2 Drivers         
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats         
 3.6 Application Analysis       
 3.7 End User Analysis        
 3.8 Emerging Markets        
 3.9 Impact of Covid-19        
           
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry        
           
5 Global Portable Printer Market, By Printer Type      
 5.1 Introduction        
 5.2 Thermal Printers        
 5.3 Zink (Zero Ink) Printers       
 5.4 Inkjet Printers        
 5.5 Mini Mobile Printers       
 5.6 Label Printers        
 5.7 Other Printer Types        
           
6 Global Portable Printer Market, By Connectivity      
 6.1 Introduction        
 6.2 Bluetooth        
 6.3 Wi-Fi         
 6.4 USB         
 6.5 Near Field Communication (NFC)      
           
7 Global Portable Printer Market, By Price Range      
 7.1 Introduction        
 7.2 Budget Models        
 7.3 Mid-Range Models        
 7.4 Premium Models        
           
8 Global Portable Printer Market, By Application      
 8.1 Introduction        
 8.2 Photo Printing        
 8.3 Label Printing        
 8.4 Document Printing        
 8.5 Art and Craft Printing       
 8.6 Educational Use        
 8.7 Other Applications        
           
9 Global Portable Printer Market, By End User      
 9.1 Introduction        
 9.2 Transportation & Logistics       
 9.3 Hospitals & Healthcare       
 9.4 Law Enforcement        
 9.5 Manufacturing        
 9.6 Retail         
 9.7 Other End Users        
           
10 Global Portable Printer Market, By Geography      
 10.1 Introduction        
 10.2 North America        
  10.2.1 US        
  10.2.2 Canada        
  10.2.3 Mexico        
 10.3 Europe         
  10.3.1 Germany        
  10.3.2 UK        
  10.3.3 Italy        
  10.3.4 France        
  10.3.5 Spain        
  10.3.6 Rest of Europe       
 10.4 Asia Pacific        
  10.4.1 Japan        
  10.4.2 China        
  10.4.3 India        
  10.4.4 Australia        
  10.4.5 New Zealand       
  10.4.6 South Korea       
  10.4.7 Rest of Asia Pacific       
 10.5 South America        
  10.5.1 Argentina       
  10.5.2 Brazil        
  10.5.3 Chile        
  10.5.4 Rest of South America      
 10.6 Middle East & Africa       
  10.6.1 Saudi Arabia       
  10.6.2 UAE        
  10.6.3 Qatar        
  10.6.4 South Africa       
  10.6.5 Rest of Middle East & Africa      
           
11 Key Developments         
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 11.2 Acquisitions & Mergers       
 11.3 New Product Launch       
 11.4 Expansions        
 11.5 Other Key Strategies       
           
12 Company Profiling         
 12.1 BIXOLON Co., Ltd        
 12.2 Canon Inc.        
 12.3 Eastman Kodak Company       
 12.4 Avery Dennison Corporation       
 12.5 HP Development Company, L.P.      
 12.6 LG Electronics        
 12.7 Toshiba Tec Corporation       
 12.8 Zebra Technologies Corporation      
 12.9 Honeywell International Inc       
 12.10 Fujitsu Limited        
 12.12 SATO Holdings Corp.       
 12.12 HiTi Digital Inc.        
 12.13 Brother Industries Ltd       
 12.14 CognitiveTPG        
 12.15 Printek LLC        
 12.16 PHOMEMO         
 12.17 Canal Toys        
           
List of Tables          
1 Global Portable Printer Market Outlook, By Region (2022-2030) ($MN)    
2 Global Portable Printer Market Outlook, By Printer Type (2022-2030) ($MN)   
3 Global Portable Printer Market Outlook, By Thermal Printers (2022-2030) ($MN)   
4 Global Portable Printer Market Outlook, By Zink (Zero Ink) Printers (2022-2030) ($MN)  
5 Global Portable Printer Market Outlook, By Inkjet Printers (2022-2030) ($MN)   
6 Global Portable Printer Market Outlook, By Mini Mobile Printers (2022-2030) ($MN)  
7 Global Portable Printer Market Outlook, By Label Printers (2022-2030) ($MN)   
8 Global Portable Printer Market Outlook, By Other Printer Types (2022-2030) ($MN)   
9 Global Portable Printer Market Outlook, By Connectivity (2022-2030) ($MN)   
10 Global Portable Printer Market Outlook, By Bluetooth (2022-2030) ($MN)   
12 Global Portable Printer Market Outlook, By Wi-Fi (2022-2030) ($MN)    
12 Global Portable Printer Market Outlook, By USB (2022-2030) ($MN)    
13 Global Portable Printer Market Outlook, By Near Field Communication (NFC) (2022-2030) ($MN) 
14 Global Portable Printer Market Outlook, By Price Range (2022-2030) ($MN)   
15 Global Portable Printer Market Outlook, By Budget Models (2022-2030) ($MN)   
16 Global Portable Printer Market Outlook, By Mid-Range Models (2022-2030) ($MN)   
17 Global Portable Printer Market Outlook, By Premium Models (2022-2030) ($MN)   
18 Global Portable Printer Market Outlook, By Application (2022-2030) ($MN)   
19 Global Portable Printer Market Outlook, By Photo Printing (2022-2030) ($MN)   
20 Global Portable Printer Market Outlook, By Label Printing (2022-2030) ($MN)   
21 Global Portable Printer Market Outlook, By Document Printing (2022-2030) ($MN)   
22 Global Portable Printer Market Outlook, By Art and Craft Printing (2022-2030) ($MN)  
23 Global Portable Printer Market Outlook, By Educational Use (2022-2030) ($MN)   
24 Global Portable Printer Market Outlook, By Other Applications (2022-2030) ($MN)   
25 Global Portable Printer Market Outlook, By End User (2022-2030) ($MN)    
26 Global Portable Printer Market Outlook, By Transportation & Logistics (2022-2030) ($MN)  
27 Global Portable Printer Market Outlook, By Hospitals & Healthcare (2022-2030) ($MN)  
28 Global Portable Printer Market Outlook, By Law Enforcement (2022-2030) ($MN)   
29 Global Portable Printer Market Outlook, By Manufacturing (2022-2030) ($MN)   
30 Global Portable Printer Market Outlook, By Retail (2022-2030) ($MN)    
31 Global Portable Printer Market Outlook, By Other End Users (2022-2030) ($MN)   
           
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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