Product Code: ETC349710 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The thermal printing market in Vietnam is experiencing significant expansion owing to the digitalization of businesses and the need for on-demand printing solutions. Thermal printers are preferred for their speed and low maintenance requirements. Industries such as logistics, hospitality, and healthcare are adopting thermal printing for barcode labels, shipping labels, and patient records. Moreover, the government`s initiatives to improve administrative efficiency through digital documentation are bolstering the market.
The thermal printing market in Vietnam is thriving due to the increasing adoption of thermal printers in various industries. These printers offer fast, high-quality, and low-maintenance printing solutions, making them ideal for applications like labels, barcodes, and receipts. The growing need for efficient and reliable printing technology in sectors such as logistics, healthcare, and manufacturing is a key driver. Additionally, the rise in e-commerce activities has spurred demand for thermal label printing, contributing to market expansion.
The Vietnam thermal printing market faces challenges related to technology and competition. Rapid technological advancements can lead to product obsolescence, requiring continuous innovation. The market is competitive, with a focus on cost-effective solutions and efficient supply chains. Additionally, the transition to digital and electronic alternatives in various industries, such as point-of-sale systems and label printing, poses a challenge to traditional thermal printing methods. Market players must also address concerns about the environmental impact of thermal printing, including the disposal of thermal paper. Lastly, building and maintaining customer relationships and offering value-added services are essential for market success.
The thermal printing market in Vietnam faced challenges during the COVID-19 pandemic, primarily due to disruptions in supply chains and reduced demand for printing solutions in sectors like retail and hospitality. As businesses implemented cost-cutting measures and shifted to digital alternatives, the market for thermal printing technology contracted. However, there was also an opportunity for innovation as the need for printing health and safety labels and QR codes for contactless interactions increased. The market is expected to rebound as businesses invest in modern thermal printing solutions for various applications.
The thermal printing market in Vietnam is influenced by various technology companies. Epson, a well-known multinational corporation, is a significant player in the thermal printing industry, offering a wide range of printers and printing solutions to businesses and consumers in Vietnam.
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 Vietnam Thermal Printing Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Thermal Printing Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Thermal Printing Market - Industry Life Cycle |
3.4 Vietnam Thermal Printing Market - Porter's Five Forces |
3.5 Vietnam Thermal Printing Market Revenues & Volume Share, By Printer Format, 2021 & 2031F |
3.6 Vietnam Thermal Printing Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Vietnam Thermal Printing Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Vietnam Thermal Printing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cost-effective and efficient printing solutions in various industries. |
4.2.2 Growing adoption of thermal printing technology due to its reliability and ease of use. |
4.2.3 Government initiatives promoting digitalization and automation in business processes. |
4.3 Market Restraints |
4.3.1 Competition from alternative printing technologies such as inkjet and laser printing. |
4.3.2 High initial investment costs associated with thermal printing equipment. |
4.3.3 Concerns regarding the quality and durability of thermal printouts in certain applications. |
5 Vietnam Thermal Printing Market Trends |
6 Vietnam Thermal Printing Market, By Types |
6.1 Vietnam Thermal Printing Market, By Printer Format |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Thermal Printing Market Revenues & Volume, By Printer Format, 2021-2031F |
6.1.3 Vietnam Thermal Printing Market Revenues & Volume, By Barcode, 2021-2031F |
6.1.4 Vietnam Thermal Printing Market Revenues & Volume, By Label, 2021-2031F |
6.1.5 Vietnam Thermal Printing Market Revenues & Volume, By POS, 2021-2031F |
6.1.6 Vietnam Thermal Printing Market Revenues & Volume, By Other, 2021-2031F |
6.2 Vietnam Thermal Printing Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Thermal Printing Market Revenues & Volume, By Direct Thermal, 2021-2031F |
6.2.3 Vietnam Thermal Printing Market Revenues & Volume, By Thermal Transfer, 2021-2031F |
6.3 Vietnam Thermal Printing Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Thermal Printing Market Revenues & Volume, By Retail, 2021-2031F |
6.3.3 Vietnam Thermal Printing Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.4 Vietnam Thermal Printing Market Revenues & Volume, By Industrial & Manufacturing, 2021-2031F |
6.3.5 Vietnam Thermal Printing Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.6 Vietnam Thermal Printing Market Revenues & Volume, By Government, 2021-2031F |
6.3.7 Vietnam Thermal Printing Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Thermal Printing Market Import-Export Trade Statistics |
7.1 Vietnam Thermal Printing Market Export to Major Countries |
7.2 Vietnam Thermal Printing Market Imports from Major Countries |
8 Vietnam Thermal Printing Market Key Performance Indicators |
8.1 Average cost savings achieved by businesses after adopting thermal printing technology. |
8.2 Percentage increase in the adoption rate of thermal printing solutions across industries. |
8.3 Rate of growth in the number of thermal printing technology providers in the Vietnamese market. |
8.4 Average time saved in printing processes through the use of thermal printing technology. |
8.5 Percentage decrease in printing errors and wastage with the implementation of thermal printing solutions. |
9 Vietnam Thermal Printing Market - Opportunity Assessment |
9.1 Vietnam Thermal Printing Market Opportunity Assessment, By Printer Format, 2021 & 2031F |
9.2 Vietnam Thermal Printing Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Vietnam Thermal Printing Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Vietnam Thermal Printing Market - Competitive Landscape |
10.1 Vietnam Thermal Printing Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Thermal Printing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |