Portable printers are compact and lightweight printing devices that can be easily carried anywhere. They support printing from smartphones, tablets, and laptops through Wi-Fi or Bluetooth connectivity. Portable printers are ideal for printing receipts, tickets, coupons, labels, photos, and documents on-the-go. The increasing popularity of mobile commerce and Bring Your Own Devices (BYOD) culture in workplaces has boosted the demand for portable printing solutions. Growing digitization and need for instant printing are some key factors propelling the portable printer market growth. These printers offer convenience, flexibility, and ease of use compared to traditional printers. They are increasingly being used in sectors like retail, healthcare, transportation, and education.

The global Portable Printer Market is estimated to be valued at US$ 13.58 Bn in 2024 and is expected to exhibit a CAGR of 7.2% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.

Market key Trends:

One of the key trends in the portable printer market is the increasing adoption of compact and lightweight printers among individuals as well as businesses. Manufacturers are focusing on developing portable printers that are smaller in size, more powerful, and come with improved battery life. For instance, wireless portable thermal printers weigh less than 1 kg and can run for several days on a single battery charge. This has significantly boosted their uptake in applications involving field mobility.

Another major trend is the incorporation of advanced connectivity features in portable printers. Most modern portable printers support connectivity standards like Wi-Fi, Bluetooth, USB, and NFC. They can easily connect with smartphones, tablets, and laptops to facilitate direct printing. Cloud connectivity is another capability that allows users to print documents from anywhere via Internet. Such cutting-edge functionality is accelerating the popularity of portable printers among consumers and businesses.

Porter’s Analysis

Threat of new entrants: New entrants face high initial setup costs to establish manufacturing facilities, distribution networks, and gain brand recognition in the market.

Bargaining power of buyers: Buyers have moderate to high bargaining power owing to the presence of several established vendors providing portable printers.

Bargaining power of suppliers: A few suppliers of raw materials pose low to moderate threat due to availability of substitute materials.

Threat of new substitutes: Substitutes like desktop printers pose low threat due to unique portability feature of these printers.

Competitive rivalry: Market dominated by global players and competition is high based on product quality, pricing, and innovation.

Key Takeaways

The global Portable Printer Market Growth is expected to witness high growth.

Regional analysis:

Asia Pacific dominated over 38% of the overall market share in 2023 owing to strong demand from logistics, healthcare, and retail sectors across China, India, and South Korea. North America and Europe are also major regions where demand is driven by e-commerce and m-commerce sectors.

Key players:

Key players operating in the portable printer market are ABET Technologies, Asahi Spectra, Iwasaki Electric, Meyer Burger Technology, Newport Corporation, Gsolar Power, OAI, Nisshinbo, Sciencetech, Endeas Oy, Solar Light Company, Spectrolab, Eternalsun Spire, WASAKI Electric, ETS Solutions Asia, Spire Solar, Caeleste, AESCO Telecom, Eternal Sun, Class One Equipment. The global market is highly consolidated with top five players accounting for over 50% market share

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it