Seiko Epson Corporation, SATO Holdings Corporation and Toshiba Tec Corporation Have Dominated the Indonesia Thermal Printer Market in 2020

Indonesia Thermal Printer Market is expected to grow with the CAGR of 5.4% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Indonesia thermal printer market is a fragmented market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Indonesia thermal printer market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In May 2021, BIXOLON CO., LTD. Launched two RFID Printer XT5-40NR, XD5-40tR. The key feature of this thermal printer was its optimum performance 4-inch (114mm) & (118mm) Thermal Transfer RFID encode and print capabilities. Moreover, it also helps in reducing reduce media waste. This was specifically designed for retails and warehouse industries. This product helped the company to strengthen its thermal printer portfolio in label segment.
  • In February 2021, FUJITSU launched Point-Of-Sale Printer FP-2000CL. The key feature of this product was its capability to paper receipts & linerless labels, can do multiple printing tasks and enhances efficiency. This product helped the company to provide multi task printer to consumer which helped the company to expand its market in the region.

Seiko Epson Corporation is the dominating player  in the thermal printer market, and the other players in the market include SATO Holdings Corporation, FUJITSU, Hanindo Group, BIXOLON CO., LTD., Seiko Epson Corporation., Advantech Co., Ltd., Zebra Technologies Corp., STAR MICRONICS CO. LTD., Honeywell International Inc, Toshiba Tec Corporation, Wasp Barcode Technologies, and TSC Auto ID Technology Co., Ltd. among others.

Indonesia Thermal Printer MarketSeiko Epson Corporation

Seiko Epson Corporation is headquartered in Nagano, Japan. The company is engaged in designing and manufacturing of printers, POS printers and solutions for consumer. The product categories of the company include printers, projectors, visual communications, wearable & industrial products out of which POS printers are market focused segment.

  • In January 2020, Seiko Epson Corporation launched TM-L90II LFC which is a versatile thermal label printer. The key feature of this product was its liner-free printing & receipt printing, label-taken sensor & back-feed functionality capabilities, which offers reliability, efficiency and versatility for users. It was specifically designed for QSR, fast casual, retail and hospital. This product helped the company to grow its product portfolio and offer unique products to consumers.

The company has presence in North America, Europe, and Asia-Pacific. In addition, the company also generates its revenue from the various subsidiary companies such as Epson Sales Japan Corporation (Japan), Orient Watch (Japan), EPSON Australia pty Limited (Australia), and Epson America, Inc., (U.S.) among others.         

SATO Holdings Corporation

SATO Holdings Corporation is headquartered in Tokyo, Japan and it was established in year 1940. The company is engaged in designing and manufacturing of printers and thermal printers for consumer. The product category includes industrial thermal printers, desktop thermal printers, mobile thermal printers, speciality printers, Handheld labelling solutions, print engines, laser printers, horticulture printers, printers accessories, out of which market focused products includes industrial thermal printers, desktop thermal printers, and mobile thermal printers.

  • In July 2017, SATO Holdings Corporation entered into a partnership with CYBRA Corporation. The main objective of this partnership was to develop and design integrated thermal labelling solutions to customers across various computing platforms such as restaurants, retail, healthcare, manufacturing and warehouse. This partnership helped both the companies to expand its market by sharing innovative technology.

The company has presence in North America, Asia-Pacific, Europe, and Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as SATO America, LLC. (U.S.), Sato U.K. Ltd (U.K.), SATO France S.A. (France), and among others

Toshiba Tec Corporation

Toshiba Tec Corporation is headquartered in Tokyo, Japan and which was founded in 1950. The company is engaged in providing and manufacturing of retail solutions, MFP solutions, Barcode/label solutions for the consumers. Some of the product categories include retail solutions, MFP solutions, barcode/label solutions, inkjet head solutions out of which retail solutions and barcode/label solutions are the market focused category.

  • In March 2017, Toshiba Tec Corporation launched B-EX4T3 industrial barcode printer. The key feature of this printer was its 600 dpi resolution, cost efficient and high print speed. This was specifically designed for industries such as retails, warehouse and healthcare. This compact product helped the company to expand its market various regions of the world.

The company has global presence in North America, Europe, Asia-Pacific, Middle East, Africa, and South America. In addition, the company also generates revenue through the subsidiary such as Toshiba Global Commerce Solutions, Inc. (U.S.), Toshiba America Business Solutions, Inc. (U.S.), Toshiba Tec Poland S.A. (Poland), Toshiba Tec Australia pty Limited (Australia) and among others.