The thermal printing market is expected to grow from USD 53.70 billion in 2025 to USD 79.33 billion by 2034, with a CAGR of 4.43%. The demand for label printing, especially barcode printing, is increasing across various industries. Thermal label printers are popular because they offer durability, high-speed printing, and cost-effectiveness. Industries like retail, healthcare, and hospitality use thermal label printing daily. These factors are driving the markets growth and will continue to do so in the coming years.
Thermal Printing Market Segments
Recent Developments
- On 5 November 2024, Jadens revealed its heavily anticipated Wireless Tattoo printer in North America, which marked a significant step further for the brand. Furthermore, Jadens printer comes with a variety of labels to suit various kinds of printers. (Source: GlobeNewswire)
- Nobelus, which is a top supplier of print, web films, and thermal sealants, has revealed two new thermal pre-laminations that cater to the digital flexible packaging industry. Strataflex thermal pre-lams signs the companys primary steps into structural flexible packaging solutions created from several material layers. (Source: Packaging Strategies)
- On 2 July 2025, Aibuild revealed the latest Finite Element Simulation software, whose goal is to serve as a paradigm move to predictive production for DED and polymer heavy format extrusion 3D printing. (Source: tct Magazine)
- In March 2025, HP recently introduced its new thermal inkjet (TIJ) technology to enhance efficiency. This technology is aimed at resolving the issues with traditional inkjet technology, which had limited throw distance, slower speed, and complex switching. This problem is resolved by the new technology, which is offering three times better throw distance, two times the print swath, and double printing speed.
- In November 2024, Zebra Technologies released the ZD421, a multiple usage thermal printer built for direct thermal and thermal transfer applications, mostly aimed at the health care and logistics sectors.
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