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Point of Sale (POS) Receipt Printer Market - By Product Type (Desktop POS Receipt Printers, Mobile POS Receipt Printers, Kiosk & Self-Service POS Receipt Printers), By Technology, By Price Range, By Application, By Connectivity, By Distribution Channel, Forecast 2024 - 2032

  • Report ID: GMI8664
  • Published Date: Mar 2024
  • Report Format: PDF

Point of Sale Receipt Printer Market Size

Point of Sale Receipt Printer Market size was valued at around USD 4.4 Billion in 2023 and is estimated to register a CAGR of 5.3% between 2024 & 2032. The expansion of the retail industry, including supermarkets, hypermarkets, convenience stores, and specialty stores, drives the demand for POS systems and associated hardware like receipt printers.
 

Point of Sale Receipt Printer Market

Retailers can leverage AR/VR technology to create immersive shopping experiences and chatbots for conversational commerce, enriching the brand-consumer relationship through one-to-one interactions. Conversing with consumers at scale makes chatbots a strategic medium for customer engagement.
 

The cost of implementing a comprehensive POS system, including receipt printers, can be significant, especially for small and medium-sized businesses (SMBs). This initial investment may deter some businesses from adopting or upgrading their POS infrastructure.
 

Further, the rise in cyber threats and data breaches, security is a significant concern for businesses utilizing POS systems. Receipt printers, like other POS peripherals, can be vulnerable to security breaches if not properly protected. Concerns about data security and privacy may impact the adoption of POS receipt printers.
 

Point of Sale Receipt Printer Market Trends

Innovations such as cloud-based POS systems, mobile POS solutions, and integration with IoT devices are driving the POS receipt printer market. These technologies offer flexibility, mobility, and real-time data access, appealing to businesses of all sizes. In addition, businesses seek efficient and accurate transaction processing. Modern receipt printers offer features like high-speed printing, QR code printing, and automatic paper cutting, enhancing operational efficiency which in turn drives market demand.
 

Point of Sale Receipt Printer Market Analysis

Point of Sale Receipt Printer Market, By Product Type, 2021 – 2032 (USD Billion)

Based on the product type, the market is segmented into desktop POS receipt printers, mobile POS receipt printers, and kiosk & self-service POS receipt printers. In 2023, the mobile POS receipt printers segment accounted for revenue of around USD 2.6 Billion in the year 2023 and is expected to reach USD 4.2 billion by 2032. Mobile POS receipt printers play a crucial role in enabling omnichannel retailing strategies, allowing businesses to seamlessly integrate online and offline sales channels.
 

For instance, retailers can use mobile devices and printers to process click-and-collect orders, facilitate returns or exchanges in-store for online purchases, and provide digital receipts via email or SMS, thereby creating a cohesive shopping experience across channels, thus anticipates business growth.
 

Point of Sale Receipt Printer Market Revenue Share, By Application, (2023)

Based on application the point of sale receipt printer market is segmented into retail, hospitality, healthcare, entertainment, and others. In 2023, the retail segment emerged as the dominant, commanding a market share of around 43% and expected to reach 44% by 2032. Retail establishments, including supermarkets, department stores, specialty shops, and restaurants, process a vast number of transactions daily. Each transaction typically requires a printed receipt for record-keeping, accounting, and customer service purposes.
 

The retail sector consistently embraces technological advancements to streamline operations, enhance customer satisfaction, and stay ahead in the market. Advanced POS systems, including receipt printers, are pivotal in this progress, offering features like rapid printing, wireless connectivity, and support for diverse payment options, driving their adoption among retailers which in turn drives business landscape.
 

Asia Pacific Point of Sale Receipt Printer Market Size, 2021 – 2032, (USD Billion)

The Asia Pacific region currently holds the largest market share of around 29% and is expected to reach revenue of around USD 2 Billion by 2032. The region's retail sector is expanding rapidly, driven by urbanization, rising disposable incomes, and changing consumer preferences. The proliferation of supermarkets, department stores, specialty shops, and e-commerce platforms creates a significant demand for POS systems and associated peripherals, including receipt printers.
 

In 2023, China's retail sales of consumer goods, a significant gauge of the nation's consumption prowess, surged by 7.2% year-on-year. According to the National Bureau of Statistics (NBS), total retail sales of consumer goods reached 6.63 trillion U.S. The surge of omnichannel retailing in Asia-Pacific, amalgamating online and offline channels, underscores the pivotal role of POS receipt printers in orchestrating seamless transactions across diverse platforms, fueling their demand in the region.
 

Point of Sale Receipt Printer Market Share

Global Company Market Share Analysis (2023)

The market is moderately fragmented with several regional players across the globe. In 2023, dominant market players, include Fujitsu Limited, Canon Inc., Seiko Epson Corporation, Brother Industries, Ltd., and HP Inc. (Hewlett-Packard Company). These firms frequently utilize their established distribution channels and resources to enter new markets. Industry frontrunners actively pursue strategic endeavors like mergers & acquisitions, facility expansions, and partnerships to diversify their product portfolios, extend their customer outreach, and bolster their market footprint.
 

Point of Sale Receipt Printer Market Share

Major players operating in the point of sale receipt printer industry are:

  • BIXOLON Co., Ltd.
  • Brother Industries, Ltd.
  • Canon Inc.
  • Citizen Systems Japan Co., Ltd.
  •  Elo Touch Solutions, Inc.
  • Fujitsu Limited
  • HP Inc. (Hewlett-Packard Company)
  • International Business Machines Corporation
  • NCR Corporation
  • Posiflex Technology, Inc.
  • Seiko Epson Corporation
  •  Shandong New Beiyang Information Technology Co., Ltd. (SNBC)
  • Star Micronics Co., Ltd.
  • Toshiba Corporation
  • Zebra Technologies Corporation
     

Point of Sale Receipt Printer Market News

  • In January 2024, BIXOLON introduced its lineup of printing solutions, featuring the SRP-350plusV 3-inch (80 mm) thermal printer showcased at BIXOLON’s booth, alongside the BK3-31 3-inch (80 mm) and BK3-21 2-inch (60 mm) flexible open frame mechanisms tailored for customizable kiosks. The company eagerly anticipates engaging in discussions with key industry partners regarding its array of advanced printing solutions designed for retail environments.
     
  • In January 2023, Epson introduced its latest generation of OmniLink m-Series Thermal POS Receipt Printers, unveiling four new models: the OmniLink® TM-m30III, TM-m30III-H, TM-50II, and TM-50II-H. These new m-Series printers, characterized by their sleek and modern design, offer improved connectivity and dependable performance within a compact form factor. The TM-m30III and TM-m30III-H models provide versatile connectivity options suited for low-volume retail and hospitality environments, while the TM-m50II and TM-m50II-H models cater to high-volume customers with advanced connectivity, performance, and quality.
     

The point of sale receipt printer market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) Volume (Million units) from 2021 to 2032, for the following segments:

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Market, By Product Type

  • Desktop POS Receipt Printers
  • Mobile POS Receipt Printers
  • Kiosk & Self-Service POS Receipt Printers

Market, By Technology

  • Thermal Printer
  • Impact/Dot-Matrix Printer
  • Inkjet Printer
  • Laser Printer

Market, By Price Range

  • Low (Upto $100)
  • Medium ($100 - $200)
  • High (Above $200)

Market, By Connectivity

  • Wired
  • Wireless

Market, By Application

  • Retail
  • Hospitality
  • Healthcare
  • Entertainment
  • Others (Warehouse/Distribution, Travel & Logistics, etc)

Market, By Distribution Channel

  • Online
    • E-commerce Platforms
    • Company Website 
  • Offline
    • Hypermarkets/Supermarkets
    • Specialty Stores
    • Other retail stores

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Malaysia
    • Indonesia
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The point-of-sale receipt printer industry was valued at around USD 4.4 Billion in 2023 and is estimated to register a CAGR of 5.3% between 2024 & 2032, driven by the expansion of the retail industry, including supermarkets, hypermarkets, convenience stores, and specialty stores.

Mobile POS receipt printers segment accounted for a revenue of around USD 2.6 Billion in 2023 and is expected to reach USD 4.2 billion by 2032, as they enable omnichannel retailing strategies, allowing businesses to seamlessly integrate online and offline sales channels.

Asia Pacific point-of-sale receipt printer industry held a revenue share of around 29% in 2023 and is expected to reach around USD 2 Billion by 2032, driven by urbanization across the region, rising disposable incomes, and changing consumer preferences.

BIXOLON Co., Ltd., Brother Industries, Ltd., Canon Inc., Citizen Systems Japan Co., Ltd, Elo Touch Solutions, Inc., Fujitsu Limited, HP Inc. (Hewlett-Packard Company), International Business Machines Corporation, NCR Corporation, Posiflex Technology, Inc., Seiko Epson Corporation are some of the major industry contenders.

Point of Sale Receipt Printer Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 425
  • Countries covered: 22
  • Pages: 360
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