NEW YORK, April 17, 2020 /PRNewswire/ —

Rising utilization of automatic identification and data capture technologies for improving productivity drives market growth

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The thermal printing market is expected to grow at a CAGR of 4.4% from 2020 to 2025, to reach USD 53.5 billion by 2025 from USD 43.2 billion in 2020. The rising utilization of automatic identification and data capture technologies for improving productivity is one of the key driving factors for the thermal printing market growth. However, the stringent printing regulations and poor image quality of barcode labels are a few of the factors hindering the growth of the thermal printing market.

Retail application to dominate thermal printing market, in terms of size, during the forecast period
The thermal printing market for

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