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Global Receipt Printers Market 2017-2021

Global Receipt Printers Market 2017-2021

About Receipt Printers

A receipt printer is an integral part of a POS system used in industries such as retail and hospitality. They are used to print credit card slips and customer receipts. Apart from printing receipts, receipt printers are also used to maintain the customer database and market brands. The primary function of a receipt printer is to print and encode receipts in retail stores, hotels, and restaurant chains. Receipt printers simplify the billing process, help in maintaining an order log, and provide customers with receipts. These devices can also be used for promotional offers by printing discounts and other offers on the reverse side of receipts. This promotes customer loyalty and increases customer satisfaction.

Technavio’s analysts forecast the global receipt printers market to grow at a CAGR of 12.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global receipt printers market for 2017-2021. To calculate the market size, the report considers the shipments and the value of the market. The estimates do not include installations and after-sales services.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Receipt Printers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Citizen Systems
  • Epson
  • Star Micronics
Other prominent vendors
  • Bixolon
  • BOCA Systems
  • Cognitive TPG
  • CUSTOM
  • M/s Pulsar Technologies (I)
  • NCR
  • Pertech Industries
  • POS-X
  • WOOSIM SYSTEMS
  • Xiamen Rongta Technology
  • ZIH
Market driver
  • Improving retail landscape in APAC and Africa
  • For a full, detailed list, view our report
Market challenge
  • Highly competitive market
  • For a full, detailed list, view our report
Market trend
  • Advent of NFC technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Receipt Printers Market 2017-2021
Technavio recognizes the following companies as the key players in the global receipt printers market: Citizen Systems, Epson, and Star Micronics.

Other Prominent Vendors in the market are: Bixolon, BOCA Systems, Cognitive TPG, CUSTOM, M/s Pulsar Technologies (I), NCR, Pertech Industries, POS-X, WOOSIM SYSTEMS, Xiamen Rongta Technology, and ZIH.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is advent of NFC technology. The payment structure is continuously improving and evolving. Tap-and-go digital payments such as Samsung Pay and Apple Pay involve the use of NFC technology. This technology allows data exchange over short distances and has gained popularity with Android 4.0. The technology has been rebranded as Android Beam, allowing users to share contacts, links, maps, and more with a simple tap.”
According to the report, one of the major drivers for this market is improving retail landscape in APAC and Africa. Strong economic and urban development has made APAC one of the fastest-growing retail landscapes globally. The retail market is constantly evolving, with changing consumer tastes and preferences. APAC is driven by high-growth countries such China and India (with a GDP of more than 7%). The robust economic growth has prompted a significant trend of migration from rural to urban areas as people seek better opportunities, employment, and lifestyles. Populous countries such as China and India in the region will achieve 60% urbanization in the coming decade. These two nations will also boast of the majority of the middle class during this period, with a daily spending capacity of $25-$250 by the end of the coming decade.
Further, the report states that one of the major factors hindering the growth of this market is highly competitive market. Vendors in the global receipt printers market are witnessing a decline in their profit margins because of the rising price of raw materials and increasing vendor competition. Few major vendors in the market enjoy a substantial market leverage due to a strong brand image. However, the market is continuing to grow, and this growth is resulting in the entry of few regional vendors in the market. The new vendors focus on end-user requirements and are developing receipt printers based on the latest technological developments in the market.

Companies Mentioned

Citizen Systems, Epson, Star Micronics, Bixolon, BOCA Systems, Cognitive TPG, CUSTOM, M/s Pulsar Technologies (I), NCR, Pertech Industries, POS-X, WOOSIM SYSTEMS, Xiamen Rongta Technology, and ZIH.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Supply chain of receipt printers
  • Market landscape
    • Market overview
      • Table Global receipt printers market: Overview
    • Market size and forecast
      • Table Global receipt printers market 2016-2021 ($ millions)
      • Table Global receipt printers market 2016-2021 (millions of units)
      • Table ASP trend of receipt printers 2016-2021 ($)
    • Five forces analysis
      • Table Five forces analysis
  • Market Segmentation by end-user
    • Table Global receipt printers market by end-user 2016-2021 (% share)
    • Table Global receipt printers market by end-user: Revenue trend line 2016-2021 ($ millions)
    • Global receipt printers market in retail sector
      • Table Global receipt printers market in retail sector 2016-2021 ($ millions)
      • Table Demand for receipt printers from stores in retail sector 2016-2021 (% share)
      • Table Revenue trend line of stores in retail sector 2016-2021 ($ millions)
    • Global receipt printers market in hospitality sector
      • Table Global receipt printers market in hospitality sector 2016-2021 ($ millions)
  • Market segmentation by type
    • Types of receipt printers
      • Table Global receipt printers market by type 2016-2021 (% share)
      • Table Global receipt printers market by type: Revenue trend line 2016-2021 ($ millions)
    • Global receipt printers market by thermal receipt printers
      • Table Global receipt printers market by thermal receipt printers 2016-2021 ($ millions)
    • Global receipt printers market by impact receipt printers
      • Table Global receipt printers market by impact receipt printers 2016-2021 ($ millions)
    • Global receipt printers market by inkjet receipt printers
      • Table Global receipt printers market by inkjet receipt printers 2016-2021 ($ millions)
  • Market segmentation by interface type
    • Global receipt printers market by interface type
      • Table Global receipt printers market by interface type 2016-2021 (% share)
      • Table Global receipt printers market by interface type 2016-2021 ($ millions)
  • Geographical segmentation
    • Global receipt printers market by geography
      • Table Global receipt printers market by geography 2016-2021 (% share)
      • Table Global receipt printers market: Revenue trend line based on receipt printer demand 2016-2021 ($ millions)
    • Receipt printers market in North America
      • Table Receipt printers market in North America 2016-2021 ($ millions)
    • Receipt printers market in Europe
      • Table Receipt printers market in Europe 2016-2021 ($ millions)
      • Table Stores in European retail environment 2016 and 2021 (% share)
    • Receipt printers market in APAC
      • Table Receipt printers market in APAC 2016-2021 ($ millions)
      • Table Foreign direct investments in retail sector in India as per Department of Industrial Policy and Promotion 2000-2016
    • Receipt printers market in ROW
      • Table Receipt printers market in ROW 2016-2021 ($ millions)
      • Table Retail market attractiveness in GCC countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table MSMEs by major countries/regions 2016 (% share)
      • Table Payment methods used by consumers globally 2016 and 2021 (% share)
      • Table Global volume of payment cards 2016-2021 (billions of units)
      • Table Global transaction volume of payment cards 2016-2021 ($ trillions)
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Advent of NFC technology
      • Table NFC-enabled mobile devices 2016-2021 (millions of units)
    • Development of receipt printers for small Retailers
    • Advent of waterproof and dustproof receipt Printers
  • Vendor landscape
    • Competitive scenario
      • Table Competitive factors impacting global receipt printers market
    • Key vendors
      • Citizen Systems
    • Epson
    • Star Micronics
    • Other prominent vendors
      • Table Other prominent vendors in global receipt printers market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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