POS Display Market Analysis & Forecast, 2028
POS Display Market
The Point-of-Sale display (POS display) Market is anticipated to grow at higher CAGR during the forecast period (2021-2028).
The factors driving the growth of POS display Market includes growing demand for POS display systems in the end use industries such as Food & Beverage, attraction towards PDQ displays, rising trend of 4k and Ultra 4k and increasing number of online food ordering around the world. According to the report published by Statista, the revenue generated from Online Food Delivery in India is valued at USD 12.14 billion for 2022, further projected to reach 16.98 billion by the end of 2024 and the total number of users 529.2 million in 2026, which is expected to boost the Pos Display Market share in the approaching years. Moreover, the increasing number of food courts, display screens in the restaurants, advancements in the technologies and rapid urbanization, are some of the additional factors propelling the Pos Display Market size. In addition, the Point of Display Systems helps in targeting impulse audience, provides more space for branding related activities and catches the customer’s eyes immediately, these features are expected to contribute to sales of POS systems in the forthcoming years.
However, the growth of POS display Market is hindered due to high cost for installing POS Display systems.
The leading players operating in the market are INDEVCO Group, Georgia-Pacific, Smurfit Kappa, WestRock Company, DS Smith, Menasha Packaging Company, LLC., International Paper, Sonoco Products Company, IPC and Shopify among others.
Product Type – Segment Analysis
Based on Product Type, the Countertop Displays segment is projected to expand at a significant CAGR over the forecast period because the Point-of-sale displays captures the customers attention and can be folded whenever required.
End-User – Segment Analysis
Based on End-User, the Restaurants segment is predicted to grow at a faster CAGR during the forecast period. The increasing number of online food deliveries all over the globe, increasing purchases of POS display systems and the promotions and reward schemes offered by the restaurants, are some of the factors responsible for the growth of the segment.
Regional – Segment Analysis
Based on region, the Asia-Pacific region is expected to capture the largest market share over the forecast period. The rapid growth in regional outsourcing, increasing use of POS machines for marketing by major companies and rising disposable incomes, are some of the important factors augmenting the market growth in Asia-Pacific.
Market Segmentation
Global POS Display Market by Product Type
Countertop Displays
Free-standing Displays
Floor Displays
Others
Global POS Display Market by End-User
Retailers
Auto Dealers
Banks
Construction Companies
Restaurants
Community Events
Others
Global POS Display Market by Region
Asia PacificChina
Japan
India
Rest of APAC
North AmericaUnited States of America
Canada
EuropeUnited Kingdom
Germany
France
Spain
Rest of Europe
RoWBrazil
South Africa
Saudi Arabia
UAE
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