Product Code: ETC13324344 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Grocery and Pharmacy POS Terminal Market was valued at USD 2.5 Billion in 2024 and is expected to reach USD 3.63 Billion by 2031, growing at a compound annual growth rate of 5.60% during the forecast period (2025-2031).
The Global Grocery and Pharmacy POS Terminal Market is witnessing steady growth driven by the increasing demand for efficient and integrated payment solutions in the retail sector. These POS terminals enable retailers to streamline their operations, improve customer service, and enhance inventory management. Factors such as the growing trend of digital payments, advancements in technology leading to the development of cloud-based POS systems, and the need for contactless payment options are propelling the market forward. Key players in the market are focusing on innovations such as mobile POS systems, data analytics capabilities, and enhanced security features to stay competitive. The market is expected to continue expanding as retailers across the globe increasingly adopt POS terminals to optimize their business processes and provide a seamless checkout experience for customers.
The Global Grocery and Pharmacy POS Terminal Market is witnessing a trend towards the adoption of cloud-based POS systems due to their cost-effectiveness, scalability, and ease of integration with other business applications. There is also a growing demand for advanced POS solutions that offer features such as inventory management, customer relationship management, and analytics to help retailers optimize their operations and enhance customer experience. Additionally, the increasing focus on contactless payment methods and mobile POS solutions presents opportunities for POS terminal providers to cater to the evolving needs of grocery and pharmacy retailers. With the rise of omnichannel retailing, there is a demand for POS systems that can seamlessly integrate online and offline sales channels to provide a unified shopping experience for customers.
The Global Grocery and Pharmacy POS Terminal Market faces several challenges, including the need for constant technological advancements to keep up with changing consumer preferences and the increasing demand for seamless payment experiences. Security concerns related to data breaches and cyber threats pose a significant challenge, as POS terminals store sensitive payment information. Moreover, the market is highly competitive, with a wide range of vendors offering various solutions, making it difficult for businesses to choose the most suitable POS system for their specific needs. Additionally, the integration of online and offline sales channels and the need for real-time data analytics further complicate the POS terminal landscape, requiring vendors to innovate continuously to stay ahead in the market.
The Global Grocery and Pharmacy POS Terminal Market is primarily driven by the increasing adoption of advanced technologies such as cloud-based POS systems, mobile POS terminals, and integrated payment solutions. Retailers in the grocery and pharmacy sectors are investing in POS terminals to enhance customer experience, streamline operations, and improve inventory management. The demand for POS terminals with features like contactless payment options, real-time analytics, and loyalty program integration is also fueling market growth. Additionally, stringent government regulations mandating the use of EMV-compliant POS systems are prompting businesses to upgrade their existing terminals. Moreover, the trend towards omnichannel retailing and the need for secure payment processing methods are further propelling the market for Grocery and Pharmacy POS terminals.
Government policies related to the Global Grocery and Pharmacy POS Terminal Market are focused on promoting data security and consumer protection. Many countries have implemented regulations such as the Payment Card Industry Data Security Standard (PCI DSS) to safeguard payment transactions and customer information. Additionally, there are stringent guidelines for the use of POS terminals in pharmacies to ensure accurate medication dispensing and tracking. Governments also encourage the adoption of EMV chip technology to prevent fraud and enhance payment security. Overall, regulatory bodies play a crucial role in shaping the landscape of the market by enforcing standards that prioritize data privacy, financial security, and consumer trust.
The future outlook for the Global Grocery and Pharmacy POS Terminal Market appears positive, with continued growth expected due to factors such as the increasing adoption of advanced POS systems for efficient customer service, inventory management, and data analytics. The market is anticipated to witness a rise in demand for cloud-based POS solutions, contactless payment options, and integrated omnichannel capabilities to enhance the overall shopping experience for consumers. Additionally, the trend towards digital transformation in the retail sector, coupled with the need for seamless and secure payment processing, is likely to drive further innovation and technological advancements in POS terminals. Overall, the Global Grocery and Pharmacy POS Terminal Market is projected to expand steadily in the coming years, driven by evolving consumer preferences and the push towards a more connected and streamlined retail environment.
In the Global Grocery and Pharmacy POS Terminal Market, Asia is expected to witness significant growth due to the increasing adoption of advanced technologies in countries like China, India, and Japan. North America is anticipated to dominate the market owing to the presence of key players and the widespread use of POS terminals in grocery and pharmacy stores. Europe is projected to show steady growth driven by the growing trend of digital payments and the emphasis on enhancing customer shopping experiences. The Middle East and Africa region are likely to experience moderate growth due to the rising demand for efficient point-of-sale solutions. Latin America is expected to show promising growth opportunities with the increasing modernization of retail infrastructure and the rising number of grocery and pharmacy outlets adopting POS technology.
Global Grocery and Pharmacy POS Terminal Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Grocery and Pharmacy POS Terminal Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 & 2031F |
3.3 Global Grocery and Pharmacy POS Terminal Market - Industry Life Cycle |
3.4 Global Grocery and Pharmacy POS Terminal Market - Porter's Five Forces |
3.5 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By POS Type, 2021 & 2031F |
3.7 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.10 Global Grocery and Pharmacy POS Terminal Market Revenues & Volume Share, By Payment Type, 2021 & 2031F |
4 Global Grocery and Pharmacy POS Terminal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Grocery and Pharmacy POS Terminal Market Trends |
6 Global Grocery and Pharmacy POS Terminal Market, 2021 - 2031 |
6.1 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Fixed POS Terminal, 2021 - 2031 |
6.1.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Mobile POS Terminal, 2021 - 2031 |
6.1.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Integrated POS System, 2021 - 2031 |
6.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Cloud-Based, 2021 - 2031 |
6.2.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Offline, 2021 - 2031 |
6.2.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
6.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Retail Checkout, 2021 - 2031 |
6.3.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Self-Checkout, 2021 - 2031 |
6.3.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Inventory Management, 2021 - 2031 |
6.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Grocery Stores, 2021 - 2031 |
6.4.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Pharmacies, 2021 - 2031 |
6.4.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Supers, 2021 - 2031 |
6.5 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Contactless, 2021 - 2031 |
6.5.3 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By QR Code, 2021 - 2031 |
6.5.4 Global Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By UPI & Wallets, 2021 - 2031 |
7 North America Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
7.1 North America Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
7.2 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
7.4 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
7.5 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
7.7 North America Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
8 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
8.1 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
8.4 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
8.5 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
8.7 Latin America (LATAM) Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
9 Asia Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
9.1 Asia Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
9.4 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
9.5 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
9.7 Asia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
10 Africa Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
10.1 Africa Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
10.4 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
10.5 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
10.7 Africa Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
11 Europe Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
11.1 Europe Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
11.4 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
11.5 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
11.7 Europe Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
12 Middle East Grocery and Pharmacy POS Terminal Market, Overview & Analysis |
12.1 Middle East Grocery and Pharmacy POS Terminal Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Grocery and Pharmacy POS Terminal Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By POS Type, 2021 - 2031 |
12.4 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
12.5 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Industry, 2021 - 2031 |
12.7 Middle East Grocery and Pharmacy POS Terminal Market, Revenues & Volume, By Payment Type, 2021 - 2031 |
13 Global Grocery and Pharmacy POS Terminal Market Key Performance Indicators |
14 Global Grocery and Pharmacy POS Terminal Market - Export/Import By Countries Assessment |
15 Global Grocery and Pharmacy POS Terminal Market - Opportunity Assessment |
15.1 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By POS Type, 2021 & 2031F |
15.3 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
15.4 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By Industry, 2021 & 2031F |
15.6 Global Grocery and Pharmacy POS Terminal Market Opportunity Assessment, By Payment Type, 2021 & 2031F |
16 Global Grocery and Pharmacy POS Terminal Market - Competitive Landscape |
16.1 Global Grocery and Pharmacy POS Terminal Market Revenue Share, By Companies, 2024 |
16.2 Global Grocery and Pharmacy POS Terminal Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |