According to Goldstein Research, global Commercial label printer market is valued at USD 12.5 billion in 2016, growing at a CAGR of 7.8%. The growth of printing device industry and the demand for customized labels to showcase the authenticity of the product are driving force backing the growth of global commercial label printer market. Global Commercial label printer market segmentation has been done on the basis of printing technology, connectivity, application, end-user and geography. With the positive benefits of commercial label printer upon customers, it also faces the challenges from printed rigid and flexible packaging of products that eliminates the need for label printing. Global Commercial label printer market is majorly dominated by Europe that accounted for 32% market share. Asia-Pacific region is estimated to grow at a fastest rate and thus tends to acquire the largest market share over the forecast period. North America region accounted for 24% market share in 2016.
