Press Release

Dec, 15 2023

Innovative Thermal Printers Enhancing Efficiency and Precision in Document Printing for Diverse Applications

The thermal printer market in Indonesia focuses on simplicity and efficiency, thermal printers have gained popularity for their ease of use and low maintenance requirements. Industries such as retail, logistics, and healthcare are adopting thermal printing technology to streamline operations and improve productivity. The market showcases a diverse range of thermal printers catering to different needs, from compact portable models to high-speed industrial variants. As businesses in Indonesia prioritize efficiency and sustainability, the thermal printer market continues to evolve, offering innovative solutions to meet the evolving printing needs of the country's diverse industries.

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Data Bridge Market Research analyses that the Indonesia Thermal Printer Market is growing with a CAGR of 5.4% in the forecast period of 2023 to 2030 and is expected to reach USD 1,025.22 million by 2030 from USD 673.11 million in 2022. In the education sector, thermal printers play a crucial role by efficiently producing student IDs, tickets, and essential documentation. This adoption contributes significantly to the growth of the thermal printer market, meeting the sector's diverse printing needs.

Key Findings of the Study

Indonesia Thermal Printer Market

Growing adoption of automatic identification and data capture (AIDC) technologies is expected to drive the market's growth rate

The adoption of automatic identification and data capture (AIDC) technologies is rapidly growing, encompassing methods such as barcodes, voice recognition, labels, magnetic strips, and optical character recognition. These technologies facilitate seamless data collection without manual input, proving essential in diverse sectors such as distribution, manufacturing, transportation, and retail. AIDC systems enhance efficiency, accuracy, and automation across various industries, underscoring their significance in modern data management and identification processes.

Report Scope and Market Segmentation

Report Metric


Forecast Period

2023 to 2030

Base Year


Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Component (Hardware, Software, Services), Type (POS Printers, RFID Printers, Barcode Printers, Card Printers, KIOSK and Ticket Printers), Size (Large Format Thermal Printers, Mini Thermal Printers, Tiny Thermal Printers, Nano Thermal Printers), Operating Medium (Windows, Mac and Linux), Technology (Thermal Transfer (TT), Direct Format Printers (DT), Dye Diffusion Thermal Transfer (D2t2)), Format Type (Mobile Format Printers, Desktop Format Printers, Industrial Format Printers), Application (Manufacturing and Industrial, Commercial, Government, Others), Distribution Channel (Offline, Online)

Market Players Covered

SATO Holdings Corporation (Japan), FUJITSU (Japan), Hanindo Group (Indonesia), BIXOLON CO., LTD. (South Korea), Seiko Epson Corporation (Japan), Advantech Co., Ltd. (Taiwan), Zebra Technologies Corp. (U.S.), STAR MICRONICS CO. LTD. (Japan), Honeywell International Inc. (U.S.), Toshiba Tec Corporation (Japan), Wasp Barcode Technologies (U.S.), TSC Auto ID Technology Co., Ltd. (Taiwan)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Indonesia thermal printer market is segmented on the basis of component, type, size, operating medium, technology, format type, application, and distribution channel.

  • On the basis of component, the Indonesia thermal printer market is segmented into hardware, software, and services
  • On the basis of type, the Indonesia thermal printer market is segmented into POS printers, RFID printers, barcode printers, card printers, KIOSK and ticket printers
  • On the basis of size, the Indonesia thermal printer market is segmented into large format thermal printers, mini thermal printers, tiny thermal printers, and nano thermal printers
  • On the basis of operating medium, the Indonesia thermal printer market is segmented into windows, mac and linux
  • On the basis of technology, the Indonesia thermal printer market is segmented into thermal transfer (TT), direct format printers (DT), and dye diffusion thermal transfer (D2t2)
  • On the basis of format type, the Indonesia thermal printer market is segmented into mobile format printers, desktop format printers, and industrial format printers
  • On the basis of application, the Indonesia thermal printer market is segmented into manufacturing and industrial, commercial, government, and others
  • On the basis of distribution channel, the Indonesia thermal printer market is segmented into offline, and online

Major Players

Data Bridge Market Research recognizes the following companies as the major Indonesia thermal printer market players in Indonesia thermal printer market are STAR MICRONICS CO. LTD. (Japan), Honeywell International Inc. (U.S.), Toshiba Tec Corporation (Japan), Wasp Barcode Technologies (U.S.), TSC Auto ID Technology Co., Ltd. (Taiwan)

Indonesia Thermal Printer Market

Market Developments

  • In February 2021, BIXOLON CO., LTD. introduced the SRP-S320 Linerless Label Printer, standing out with a remarkable 120 mm outside diameter media roll capacity. Notably, its silicone-coated Platen Roller, featuring an embossed surface, ensured seamless printing. Widely embraced in the retail sector, this innovative thermal printer not only met market needs but also facilitated the company's market expansion, solidifying its position as a provider of cutting-edge solutions in the printing industry
  • In May 2021, BIXOLON CO., LTD. introduced two groundbreaking RFID printers, XT5-40NR and XD5-40tR. These thermal printers boast optimal 4-inch (114mm) & (118mm) Thermal Transfer RFID encode and print capabilities, enhancing performance in retail and warehouse applications. Notably, the technology minimizes media waste, contributing to sustainability. The launch fortified BIXOLON's position in the label segment, showcasing their commitment to innovative solutions tailored to the specific needs of retail and warehouse industries
  • In February 2021, FUJITSU introduced the Point-Of-Sale Printer FP-2000CL, featuring the ability to handle paper receipts and linerless labels, facilitating multiple printing tasks for enhanced efficiency. This innovative product enabled FUJITSU to offer a versatile multi-tasking printer to consumers, contributing to the company's market expansion in the region, meeting diverse needs in the Point-of-Sale domain and reinforcing its position in the market
  • In January 2020, Seiko Epson Corporation introduced the TM-L90II LFC, a versatile thermal label printer. Notable for its liner-free printing, receipt printing, label-taken sensor, and back-feed functionality, it provided reliability and efficiency. Tailored for QSR, fast-casual, retail, and hospital settings, this product expanded Epson's portfolio, delivering unique solutions to consumers and contributing to the company's growth in the market

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