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Portable printer market to grow by 16.88% Y-O-Y from 2021 to 2022: Growing demand for combining mobility and document solutions will drive growth – Technavio

Portable printer market to grow by 16.88% Y-O-Y from 2021 to 2022: Growing demand for combining mobility and document solutions will drive growth – Technavio
PR Newswire
NEW YORK, Jan. 30, 2023

NEW YORK, Jan. 30, 2023 /PRNewswire/ — Portable print…

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Portable printer market to grow by 16.88% Y-O-Y from 2021 to 2022: Growing demand for combining mobility and document solutions will drive growth - Technavio

PR Newswire

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- Portable printer market insights -

  • Vendors: 15+, Including BIXOLON Co. Ltd., Brother Industries Ltd., Canon Inc., Citizen Systems Japan Co. Ltd., CognitiveTPG, Fujitsu Ltd., Honeywell International Inc., HP Inc., Lexmark International Inc., Oki Electric Industry Co. Ltd., Polaroid Film B.V., Printek L.L.C., SATO Holdings Corp., Seiko Epson Corp., Star Micronics Co. Ltd., Toshiba Tec Corp., Zebra Technologies Corp., among others
  • Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
  • Segments: Application (transportation and logistics, retail, manufacturing, healthcare, and others), technology (thermal, inkjet, and impact), and geography (APAC, North America, Europe, South America, and Middle East and Africa)

To understand more about the portable printer market, buy the report

The portable printer market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why buy?

  • Add credibility to strategy
  • Analyzes competitor's offerings 
  • Get a holistic view of the market

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The portable printer market size is estimated to grow by USD 8.15 billion from 2021 to 2026 at a CAGR of 18.11%, according to Technavio.

Portable printer market - Customer landscape

To help companies evaluate and develop growth strategies, the report outlines –

  • Key purchase criteria
  • Adoption rates
  • Adoption lifecycle
  • Drivers of price sensitivity
  • For highlights on customer landscape analysis, download a sample!
Global portable printer market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies, such as expanding their customer base by offering products to particular industries. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including -

  • BIXOLON Co. Ltd. - The company offers a wide range of POS printers, such as SRP - Q300, SRP- S320, SRP- Q200, and others.
  • Brother Industries Ltd. - The company offers mobile printers such as the PocketJet series, RuggedJet series, and others.
  • Canon Inc. - The company offers a wide range of portable printers, such as PIXMA G3060, PIXMA E4570, PIXMA PRO-200, and others.
Global portable printer market – Market dynamics

Major drivers

  • Growing demand for combining mobility and document solutions
  • Need for convenient printing solutions
  • Need to adhere to industry sustainability standards

Key challenges

  • Growing focus of enterprises toward paperless work
  • Refurbished and counterfeit products
  • Cybersecurity issues related to portable printers

Drivers and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this portable printer market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the portable printer market between 2022 and 2026
  • Precise estimation of the size of the portable printer market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the portable printer market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of portable printer market vendors

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Related Reports:

The large format printer market is estimated to grow at a CAGR of 3.62% between 2022 and 2027. The size of the market is forecasted to increase by USD 1,446.02 million. This report extensively covers market segmentation by technology (aqueous, solvent, UV-cured, and latex), type (ink-based and toner-based), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

The laser printer market is estimated to grow at a CAGR of 5.67% between 2022 and 2027. The size of the market is forecasted to increase by USD 4,016.55 million. This report extensively covers market segmentation by product (laser MFPs and laser SFPs), type (helium-neon lasers and semiconductor lasers), and geography (APAC, Europe, North America, Middle East and Africa, and South America).

Portable Printer Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 18.11%

Market growth 2022-2026

USD 8.15 billion

Market structure

Fragmented

YoY growth 2021-2022 (%)

16.88

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 34%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading vendors, market positioning of vendors, competitive strategies, and industry risks

Key companies profiled

BIXOLON Co. Ltd., Brother Industries Ltd., Canon Inc., Citizen Systems Japan Co. Ltd., CognitiveTPG, Fujitsu Ltd., Honeywell International Inc., HP Inc., Lexmark International Inc., Oki Electric Industry Co. Ltd., Polaroid Film B.V., Printek L.L.C., SATO Holdings Corp., Seiko Epson Corp., Star Micronics Co. Ltd., Toshiba Tec Corp., and Zebra Technologies Corp.

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio's information technology market reports

Table of contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026 
    • Exhibit 14: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary 
    • Exhibit 18: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers 
    • Exhibit 19: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers 
    • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants 
    • Exhibit 21: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes 
    • Exhibit 22: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry 
    • Exhibit 23: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition 
    • Exhibit 24: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments 
    • Exhibit 25: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 26: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 27: Chart on Comparison by Application
    • Exhibit 28: Data Table on Comparison by Application
  • 5.3 Transportation and logistics - Market size and forecast 2021-2026 
    • Exhibit 29: Chart on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Data Table on Transportation and logistics - Market size and forecast 2021-2026 ($ million)
    • Exhibit 31: Chart on Transportation and logistics - Year-over-year growth 2021-2026 (%)
    • Exhibit 32: Data Table on Transportation and logistics - Year-over-year growth 2021-2026 (%)
  • 5.4 Retail - Market size and forecast 2021-2026
    • Exhibit 33: Chart on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
    • Exhibit 35: Chart on Retail - Year-over-year growth 2021-2026 (%)
    • Exhibit 36: Data Table on Retail - Year-over-year growth 2021-2026 (%)
  • 5.5 Manufacturing - Market size and forecast 2021-2026
    • Exhibit 37: Chart on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Data Table on Manufacturing - Market size and forecast 2021-2026 ($ million)
    • Exhibit 39: Chart on Manufacturing - Year-over-year growth 2021-2026 (%)
    • Exhibit 40: Data Table on Manufacturing - Year-over-year growth 2021-2026 (%)
  • 5.6 Healthcare - Market size and forecast 2021-2026
    • Exhibit 41: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
    • Exhibit 44: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 45: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 48: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by Application 
    • Exhibit 49: Market opportunity by Application ($ million)

6 Market Segmentation by Technology

  • 6.1 Market segments 
    • Exhibit 50: Chart on Technology - Market share 2021-2026 (%)
    • Exhibit 51: Data Table on Technology - Market share 2021-2026 (%)
  • 6.2 Comparison by Technology 
    • Exhibit 52: Chart on Comparison by Technology
    • Exhibit 53: Data Table on Comparison by Technology
  • 6.3 Thermal - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Thermal - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Thermal - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Thermal - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Thermal - Year-over-year growth 2021-2026 (%)
  • 6.4 Inkjet - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Inkjet - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Inkjet - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Inkjet - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Inkjet - Year-over-year growth 2021-2026 (%)
  • 6.5 Impact - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Impact - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Impact - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Impact - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Impact - Year-over-year growth 2021-2026 (%)
  • 6.6 Market opportunity by Technology 
    • Exhibit 66: Market opportunity by Technology ($ million)

7 Customer Landscape

  • 7.1 Customer landscape overview 
    • Exhibit 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

  • 8.1 Geographic segmentation 
    • Exhibit 68: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 69: Data Table on Market share by geography 2021-2026 (%)
  • 8.2 Geographic comparison 
    • Exhibit 70: Chart on Geographic comparison
    • Exhibit 71: Data Table on Geographic comparison
  • 8.3 APAC - Market size and forecast 2021-2026
    • Exhibit 72: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 73: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 74: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 75: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 8.4 North America - Market size and forecast 2021-2026
    • Exhibit 76: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 77: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 78: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 79: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 8.5 Europe - Market size and forecast 2021-2026
    • Exhibit 80: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 81: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 82: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 83: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 8.6 South America - Market size and forecast 2021-2026
    • Exhibit 84: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 85: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 86: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 87: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 8.7 Middle East and Africa - Market size and forecast 2021-2026 
    • Exhibit 88: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 89: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 90: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 91: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 8.8 US - Market size and forecast 2021-2026
    • Exhibit 92: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 93: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 94: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 95: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 8.9 China - Market size and forecast 2021-2026
    • Exhibit 96: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 97: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 98: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 99: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 8.10 Japan - Market size and forecast 2021-2026
    • Exhibit 100: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 101: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 102: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 103: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 8.11 Germany - Market size and forecast 2021-2026
    • Exhibit 104: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 105: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 106: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 107: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 8.12 UK - Market size and forecast 2021-2026
    • Exhibit 108: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 109: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 110: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 111: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 8.13 Market opportunity by geography 
    • Exhibit 112: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
  • 9.3 Impact of drivers and challenges 
    • Exhibit 113: Impact of drivers and challenges in 2021 and 2026
  • 9.4 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape 
    • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
  • 10.3 Landscape disruption 
    • Exhibit 115: Overview on factors of disruption
  • 10.4 Industry risks 
    • Exhibit 116: Impact of key risks on business

11 Vendor Analysis

  • 11.1 Vendors covered 
    • Exhibit 117: Vendors covered
  • 11.2 Market positioning of vendors 
    • Exhibit 118: Matrix on vendor position and classification
  • 11.3 BIXOLON Co. Ltd. 
    • Exhibit 119: BIXOLON Co. Ltd. - Overview
    • Exhibit 120: BIXOLON Co. Ltd. - Product / Service
    • Exhibit 121: BIXOLON Co. Ltd. - Key offerings
  • 11.4 Brother Industries Ltd. 
    • Exhibit 122: Brother Industries Ltd. - Overview
    • Exhibit 123: Brother Industries Ltd. - Business segments
    • Exhibit 124: Brother Industries Ltd. - Key offerings
    • Exhibit 125: Brother Industries Ltd. - Segment focus
  • 11.5 Canon Inc. 
    • Exhibit 126: Canon Inc. - Overview
    • Exhibit 127: Canon Inc. - Business segments
    • Exhibit 128: Canon Inc. - Key news
    • Exhibit 129: Canon Inc. - Key offerings
    • Exhibit 130: Canon Inc. - Segment focus
  • 11.6 Fujitsu Ltd. 
    • Exhibit 131: Fujitsu Ltd. - Overview
    • Exhibit 132: Fujitsu Ltd. - Business segments
    • Exhibit 133: Fujitsu Ltd. - Key offerings
    • Exhibit 134: Fujitsu Ltd. - Segment focus
  • 11.7 Honeywell International Inc. 
    • Exhibit 135: Honeywell International Inc. - Overview
    • Exhibit 136: Honeywell International Inc. - Business segments
    • Exhibit 137: Honeywell International Inc. - Key news
    • Exhibit 138: Honeywell International Inc. - Key offerings
    • Exhibit 139: Honeywell International Inc. - Segment focus
  • 11.8 HP Inc. 
    • Exhibit 140: HP Inc. - Overview
    • Exhibit 141: HP Inc. - Business segments
    • Exhibit 142: HP Inc. - Key news
    • Exhibit 143: HP Inc. - Key offerings
    • Exhibit 144: HP Inc. - Segment focus
  • 11.9 Seiko Epson Corp. 
    • Exhibit 145: Seiko Epson Corp. - Overview
    • Exhibit 146: Seiko Epson Corp. - Business segments
    • Exhibit 147: Seiko Epson Corp. - Key offerings
    • Exhibit 148: Seiko Epson Corp. - Segment focus
  • 11.10 Star Micronics Co. Ltd. 
    • Exhibit 149: Star Micronics Co. Ltd. - Overview
    • Exhibit 150: Star Micronics Co. Ltd. - Business segments
    • Exhibit 151: Star Micronics Co. Ltd. - Key offerings
    • Exhibit 152: Star Micronics Co. Ltd. - Segment focus
  • 11.11 Toshiba Tec Corp. 
    • Exhibit 153: Toshiba Tec Corp. - Overview
    • Exhibit 154: Toshiba Tec Corp. - Product / Service
    • Exhibit 155: Toshiba Tec Corp. - Key offerings
  • 11.12 Zebra Technologies Corp. 
    • Exhibit 156: Zebra Technologies Corp. - Overview
    • Exhibit 157: Zebra Technologies Corp. - Business segments
    • Exhibit 158: Zebra Technologies Corp. - Key news
    • Exhibit 159: Zebra Technologies Corp. - Key offerings
    • Exhibit 160: Zebra Technologies Corp. - Segment focus

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Inclusions and exclusions checklist 
    • Exhibit 161: Inclusions checklist
    • Exhibit 162: Exclusions checklist
  • 12.3 Currency conversion rates for US$ 
    • Exhibit 163: Currency conversion rates for US$
  • 12.4 Research methodology 
    • Exhibit 164: Research methodology
    • Exhibit 165: Validation techniques employed for market sizing
    • Exhibit 166: Information sources
  • 12.5 List of abbreviations 
    • Exhibit 167: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: media@technavio.com
Website: www.technavio.com/

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Aging at AACR Annual Meeting 2024

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging…

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BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Credit: Impact Journals

BUFFALO, NY- March 11, 2024 – Impact Journals publishes scholarly journals in the biomedical sciences with a focus on all areas of cancer and aging research. Aging is one of the most prominent journals published by Impact Journals

Impact Journals will be participating as an exhibitor at the American Association for Cancer Research (AACR) Annual Meeting 2024 from April 5-10 at the San Diego Convention Center in San Diego, California. This year, the AACR meeting theme is “Inspiring Science • Fueling Progress • Revolutionizing Care.”

Visit booth #4159 at the AACR Annual Meeting 2024 to connect with members of the Aging team.

About Aging-US:

Aging publishes research papers in all fields of aging research including but not limited, aging from yeast to mammals, cellular senescence, age-related diseases such as cancer and Alzheimer’s diseases and their prevention and treatment, anti-aging strategies and drug development and especially the role of signal transduction pathways such as mTOR in aging and potential approaches to modulate these signaling pathways to extend lifespan. The journal aims to promote treatment of age-related diseases by slowing down aging, validation of anti-aging drugs by treating age-related diseases, prevention of cancer by inhibiting aging. Cancer and COVID-19 are age-related diseases.

Aging is indexed and archived by PubMed/Medline (abbreviated as “Aging (Albany NY)”), PubMed CentralWeb of Science: Science Citation Index Expanded (abbreviated as “Aging‐US” and listed in the Cell Biology and Geriatrics & Gerontology categories), Scopus (abbreviated as “Aging” and listed in the Cell Biology and Aging categories), Biological Abstracts, BIOSIS Previews, EMBASE, META (Chan Zuckerberg Initiative) (2018-2022), and Dimensions (Digital Science).

Please visit our website at www.Aging-US.com​​ and connect with us:

  • Aging X
  • Aging Facebook
  • Aging Instagram
  • Aging YouTube
  • Aging LinkedIn
  • Aging SoundCloud
  • Aging Pinterest
  • Aging Reddit

Click here to subscribe to Aging publication updates.

For media inquiries, please contact media@impactjournals.com.


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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked…

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NY Fed Finds Medium, Long-Term Inflation Expectations Jump Amid Surge In Stock Market Optimism

One month after the inflation outlook tracked by the NY Fed Consumer Survey extended their late 2023 slide, with 3Y inflation expectations in January sliding to a record low 2.4% (from 2.6% in December), even as 1 and 5Y inflation forecasts remained flat, moments ago the NY Fed reported that in February there was a sharp rebound in longer-term inflation expectations, rising to 2.7% from 2.4% at the three-year ahead horizon, and jumping to 2.9% from 2.5% at the five-year ahead horizon, while the 1Y inflation outlook was flat for the 3rd month in a row, stuck at 3.0%. 

The increases in both the three-year ahead and five-year ahead measures were most pronounced for respondents with at most high school degrees (in other words, the "really smart folks" are expecting deflation soon). The survey’s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at all horizons, while the median inflation uncertainty—or the uncertainty expressed regarding future inflation outcomes—declined at the one- and three-year ahead horizons and remained unchanged at the five-year ahead horizon.

Going down the survey, we find that the median year-ahead expected price changes increased by 0.1 percentage point to 4.3% for gas; decreased by 1.8 percentage points to 6.8% for the cost of medical care (its lowest reading since September 2020); decreased by 0.1 percentage point to 5.8% for the cost of a college education; and surprisingly decreased by 0.3 percentage point for rent to 6.1% (its lowest reading since December 2020), and remained flat for food at 4.9%.

We find the rent expectations surprising because it is happening just asking rents are rising across the country.

At the same time as consumers erroneously saw sharply lower rents, median home price growth expectations remained unchanged for the fifth consecutive month at 3.0%.

Turning to the labor market, the survey found that the average perceived likelihood of voluntary and involuntary job separations increased, while the perceived likelihood of finding a job (in the event of a job loss) declined. "The mean probability of leaving one’s job voluntarily in the next 12 months also increased, by 1.8 percentage points to 19.5%."

Mean unemployment expectations - or the mean probability that the U.S. unemployment rate will be higher one year from now - decreased by 1.1 percentage points to 36.1%, the lowest reading since February 2022. Additionally, the median one-year-ahead expected earnings growth was unchanged at 2.8%, remaining slightly below its 12-month trailing average of 2.9%.

Turning to household finance, we find the following:

  • The median expected growth in household income remained unchanged at 3.1%. The series has been moving within a narrow range of 2.9% to 3.3% since January 2023, and remains above the February 2020 pre-pandemic level of 2.7%.
  • Median household spending growth expectations increased by 0.2 percentage point to 5.2%. The increase was driven by respondents with a high school degree or less.
  • Median year-ahead expected growth in government debt increased to 9.3% from 8.9%.
  • The mean perceived probability that the average interest rate on saving accounts will be higher in 12 months increased by 0.6 percentage point to 26.1%, remaining below its 12-month trailing average of 30%.
  • Perceptions about households’ current financial situations deteriorated somewhat with fewer respondents reporting being better off than a year ago. Year-ahead expectations also deteriorated marginally with a smaller share of respondents expecting to be better off and a slightly larger share of respondents expecting to be worse off a year from now.
  • The mean perceived probability that U.S. stock prices will be higher 12 months from now increased by 1.4 percentage point to 38.9%.
  • At the same time, perceptions and expectations about credit access turned less optimistic: "Perceptions of credit access compared to a year ago deteriorated with a larger share of respondents reporting tighter conditions and a smaller share reporting looser conditions compared to a year ago."

Also, a smaller percentage of consumers, 11.45% vs 12.14% in prior month, expect to not be able to make minimum debt payment over the next three months

Last, and perhaps most humorous, is the now traditional cognitive dissonance one observes with these polls, because at a time when long-term inflation expectations jumped, which clearly suggests that financial conditions will need to be tightened, the number of respondents expecting higher stock prices one year from today jumped to the highest since November 2021... which incidentally is just when the market topped out during the last cycle before suffering a painful bear market.

Tyler Durden Mon, 03/11/2024 - 12:40

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Homes listed for sale in early June sell for $7,700 more

New Zillow research suggests the spring home shopping season may see a second wave this summer if mortgage rates fall
The post Homes listed for sale in…

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  • A Zillow analysis of 2023 home sales finds homes listed in the first two weeks of June sold for 2.3% more. 
  • The best time to list a home for sale is a month later than it was in 2019, likely driven by mortgage rates.
  • The best time to list can be as early as the second half of February in San Francisco, and as late as the first half of July in New York and Philadelphia. 

Spring home sellers looking to maximize their sale price may want to wait it out and list their home for sale in the first half of June. A new Zillow® analysis of 2023 sales found that homes listed in the first two weeks of June sold for 2.3% more, a $7,700 boost on a typical U.S. home.  

The best time to list consistently had been early May in the years leading up to the pandemic. The shift to June suggests mortgage rates are strongly influencing demand on top of the usual seasonality that brings buyers to the market in the spring. This home-shopping season is poised to follow a similar pattern as that in 2023, with the potential for a second wave if the Federal Reserve lowers interest rates midyear or later. 

The 2.3% sale price premium registered last June followed the first spring in more than 15 years with mortgage rates over 6% on a 30-year fixed-rate loan. The high rates put home buyers on the back foot, and as rates continued upward through May, they were still reassessing and less likely to bid boldly. In June, however, rates pulled back a little from 6.79% to 6.67%, which likely presented an opportunity for determined buyers heading into summer. More buyers understood their market position and could afford to transact, boosting competition and sale prices.

The old logic was that sellers could earn a premium by listing in late spring, when search activity hit its peak. Now, with persistently low inventory, mortgage rate fluctuations make their own seasonality. First-time home buyers who are on the edge of qualifying for a home loan may dip in and out of the market, depending on what’s happening with rates. It is almost certain the Federal Reserve will push back any interest-rate cuts to mid-2024 at the earliest. If mortgage rates follow, that could bring another surge of buyers later this year.

Mortgage rates have been impacting affordability and sale prices since they began rising rapidly two years ago. In 2022, sellers nationwide saw the highest sale premium when they listed their home in late March, right before rates barreled past 5% and continued climbing. 

Zillow’s research finds the best time to list can vary widely by metropolitan area. In 2023, it was as early as the second half of February in San Francisco, and as late as the first half of July in New York. Thirty of the top 35 largest metro areas saw for-sale listings command the highest sale prices between May and early July last year. 

Zillow also found a wide range in the sale price premiums associated with homes listed during those peak periods. At the hottest time of the year in San Jose, homes sold for 5.5% more, a $88,000 boost on a typical home. Meanwhile, homes in San Antonio sold for 1.9% more during that same time period.  

 

Metropolitan Area Best Time to List Price Premium Dollar Boost
United States First half of June 2.3% $7,700
New York, NY First half of July 2.4% $15,500
Los Angeles, CA First half of May 4.1% $39,300
Chicago, IL First half of June 2.8% $8,800
Dallas, TX First half of June 2.5% $9,200
Houston, TX Second half of April 2.0% $6,200
Washington, DC Second half of June 2.2% $12,700
Philadelphia, PA First half of July 2.4% $8,200
Miami, FL First half of June 2.3% $12,900
Atlanta, GA Second half of June 2.3% $8,700
Boston, MA Second half of May 3.5% $23,600
Phoenix, AZ First half of June 3.2% $14,700
San Francisco, CA Second half of February 4.2% $50,300
Riverside, CA First half of May 2.7% $15,600
Detroit, MI First half of July 3.3% $7,900
Seattle, WA First half of June 4.3% $31,500
Minneapolis, MN Second half of May 3.7% $13,400
San Diego, CA Second half of April 3.1% $29,600
Tampa, FL Second half of June 2.1% $8,000
Denver, CO Second half of May 2.9% $16,900
Baltimore, MD First half of July 2.2% $8,200
St. Louis, MO First half of June 2.9% $7,000
Orlando, FL First half of June 2.2% $8,700
Charlotte, NC Second half of May 3.0% $11,000
San Antonio, TX First half of June 1.9% $5,400
Portland, OR Second half of April 2.6% $14,300
Sacramento, CA First half of June 3.2% $17,900
Pittsburgh, PA Second half of June 2.3% $4,700
Cincinnati, OH Second half of April 2.7% $7,500
Austin, TX Second half of May 2.8% $12,600
Las Vegas, NV First half of June 3.4% $14,600
Kansas City, MO Second half of May 2.5% $7,300
Columbus, OH Second half of June 3.3% $10,400
Indianapolis, IN First half of July 3.0% $8,100
Cleveland, OH First half of July  3.4% $7,400
San Jose, CA First half of June 5.5% $88,400

 

The post Homes listed for sale in early June sell for $7,700 more appeared first on Zillow Research.

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