+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Printer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

  • PDF Icon

    Report

  • 148 Pages
  • October 2023
  • Region: Global
  • IMARC Group
  • ID: 5647835

Quick Summary:

In the dynamic world of business, the importance of accurate, up-to-date information cannot be understated. Navigating successfully through the currents of the global printer market demands a comprehensive understanding of the sector's trends, key players, and emerging opportunities.

Our market research report provides an in-depth analysis of the global printer market, detailing its segmentation based on printer type, technology type, printer interface, and end user. It covers market trends and forecasts, providing invaluable insights into the factors driving market growth. These include the rising demand for high-quality images, growing sales of printers for educational purposes, the escalating demand for printers in the corporate sector, and various technological advancements.

The report also provides detailed profiles of the key players in the industry, mapping the competitive landscape and shedding light on the strategies employed by leading companies to increase sales and market share. This includes a focus on mergers, acquisitions and technological innovation.

In summary, this market research report serves as a comprehensive guide for stakeholders, investors, and businesses in the printer industry, providing unparalleled access to critical data for decision making, strategic planning, and market positioning.

The global printer market size reached US$ 47.5 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 64.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.07% during 2023-2028.

A printer is an external hardware output device that converts electronic data, such as text and images, from a computer or other device into a hard copy. It is efficient and reliable and offers customizable results, high-quality output and easy accessibility. As a result, it finds extensive applications in corporate, media and entertainment (M&E), education, and public sectors. Besides this, it is utilized in archaeology, aerospace engineering, information systems, dentistry and biotechnology.

Printer Market Trends:

At present, the growing demand for high-quality pictures represents one of the key factors driving the market. The improving educational facilities on account of the expanding governmental funds in numerous countries is resulting in the rising sales of printers for printing learning and teaching materials. Moreover, there is an increase in the usage of large format printers for printing professional data and business presentations. This, along with the expanding printing industry around the world, is contributing to the growth of the market. Additionally, the escalating demand for printers to print important documents, such as accounting files, employee information, and company policies, in the corporate sector is also positively influencing the market. Apart from this, key players are focusing on collaborations and mergers and acquisitions (M&A) to increase their overall sales and market share. They are also integrating advanced technologies to launch drip-free refilling mechanisms and affordable product variants with minimized printing interruptions. Furthermore, they are designing wireless printers on account of the considerably improving network infrastructure. Some of the other factors bolstering the growth of the market are technological advancements, increasing number of small and medium-sized enterprises, growing e-commerce platforms and the burgeoning packing industry.

Key Market Segmentation

The report provides an analysis of the key trends in each sub-segment of the global printer market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on printer type, technology type, printer interface and end user.

Breakup by Printer Type:

  • Multi-Functional
  • Standalone
Multi-functional represents one of the commonly used printer types as it reduces costs, saves space and assists in better document management.

Breakup by Technology Type:

  • Dot Matrix Printer
  • Inkjet Printer
  • LED Printer
  • Thermal Printer
  • Laser Printer
Inkjet printer accounts for the majority of the total market share on account of its portability, low cost and high-quality output.

Breakup by Printer Interface:

  • Wired
  • Wireless
On the basis of the printer interface, the market has been bifurcated into wire and wireless variants.

Breakup by End User:

  • Residential
  • Commercial
  • Educational Institutions
  • Enterprises
  • Government
  • Others
Printers find extensive application in the commercial sector due to the growing advertising needs of organizations worldwide.

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa
North America currently enjoys the leading position in the market, which can be accredited to the adoption of novel printing technologies in the region.

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Brother Industries Ltd., Canon Inc., FUJIFILM Corporation, Fujitsu Limited, Hitachi Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corporation, Panasonic Corporation, Ricoh Company Ltd., Roland DG Corporation, Seiko Epson Corporation, Toshiba Corporation and Xerox Corporation.

Key Questions Answered in This Report

1. How big is the printer market?
2. What is the printer market forecast?
3. What are the key factors driving the global printer market?
4. What has been the impact of COVID-19 on the global printer market?
5. What is the breakup of the global printer market based on the printer type?
6. What is the breakup of the global printer market based on the technology type?
7. What is the breakup of the global printer market based on the end user?
8. What are the key regions in the global printer market?
9. Who are the key players/companies in the global printer market?
Frequently Asked Questions about the Global Printer Market

What is the estimated value of the Global Printer Market?

The Global Printer Market was estimated to be valued at $47.5 Billion in 2022.

What is the growth rate of the Global Printer Market?

The growth rate of the Global Printer Market is 5.3%, with an estimated value of $64.7 Billion by 2028.

What is the forecasted size of the Global Printer Market?

The Global Printer Market is estimated to be worth $64.7 Billion by 2028.

Who are the key companies in the Global Printer Market?

Key companies in the Global Printer Market include Brother Industries Ltd., Canon Inc., FUJIFILM Corporation, Fujitsu Limited, Hitachi Ltd., Honeywell International Inc., HP Inc., Konica Minolta Inc., KYOCERA Corporation and Panasonic Corporation.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Printer Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Printer Type
6.1 Multi-Functional
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Standalone
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Technology Type
7.1 Dot Matrix Printer
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Inkjet Printer
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 LED Printer
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Thermal Printer
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Laser Printer
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by Printer Interface
8.1 Wired
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Wireless
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Residential
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Commercial
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Educational Institutions
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Enterprises
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Government
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Brother Industries Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 Canon Inc.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.2.4 SWOT Analysis
15.3.3 FUJIFILM Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Fujitsu Limited
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 Hitachi Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Honeywell International Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 HP Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Konica Minolta Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 KYOCERA Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Panasonic Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Ricoh Company Ltd.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
15.3.12 Roland DG Corporation
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.12.3 Financials
15.3.12.4 SWOT Analysis
15.3.13 Seiko Epson Corporation
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
15.3.14 Toshiba Corporation
15.3.14.1 Company Overview
15.3.14.2 Product Portfolio
15.3.14.3 Financials
15.3.14.4 SWOT Analysis
15.3.15 Xerox Corporation
15.3.15.1 Company Overview
15.3.15.2 Product Portfolio
15.3.15.3 Financials
15.3.15.4 SWOT Analysis
List of Figures
Figure 1: Global: Printer Market: Major Drivers and Challenges
Figure 2: Global: Printer Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Printer Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Printer Market: Breakup by Printer Type (in %), 2022
Figure 5: Global: Printer Market: Breakup by Technology Type (in %), 2022
Figure 6: Global: Printer Market: Breakup by Printer Interface (in %), 2022
Figure 7: Global: Printer Market: Breakup by End User (in %), 2022
Figure 8: Global: Printer Market: Breakup by Region (in %), 2022
Figure 9: Global: Printer (Multi-Functional) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Printer (Multi-Functional) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Printer (Standalone) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Printer (Standalone) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Printer (Dot Matrix Printer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Printer (Dot Matrix Printer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Printer (Inkjet Printer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Printer (Inkjet Printer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Printer (LED Printer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Printer (LED Printer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Printer (Thermal Printer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Printer (Thermal Printer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Printer (Laser Printer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Printer (Laser Printer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Printer (Wired) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Printer (Wired) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Printer (Wireless) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Printer (Wireless) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Printer (Residential) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Printer (Residential) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Printer (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Printer (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Printer (Educational Institutions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Printer (Educational Institutions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Printer (Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Printer (Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Printer (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Printer (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Printer (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Printer (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: North America: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: North America: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: United States: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: United States: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Canada: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Canada: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Asia-Pacific: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Asia-Pacific: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: China: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: China: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Japan: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Japan: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: India: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: India: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: South Korea: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: South Korea: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Australia: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Australia: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Indonesia: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Indonesia: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Europe: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Europe: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Germany: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Germany: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: France: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: France: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: United Kingdom: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: United Kingdom: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Italy: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Italy: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Spain: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Spain: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Russia: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Russia: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Latin America: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Latin America: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Brazil: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Brazil: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Mexico: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Mexico: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Others: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Others: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Middle East and Africa: Printer Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Middle East and Africa: Printer Market: Breakup by Country (in %), 2022
Figure 87: Middle East and Africa: Printer Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 88: Global: Printer Industry: SWOT Analysis
Figure 89: Global: Printer Industry: Value Chain Analysis
Figure 90: Global: Printer Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Printer Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Printer Market Forecast: Breakup by Printer Type (in Million US$), 2023-2028
Table 3: Global: Printer Market Forecast: Breakup by Technology Type (in Million US$), 2023-2028
Table 4: Global: Printer Market Forecast: Breakup by Printer Interface (in Million US$), 2023-2028
Table 5: Global: Printer Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Printer Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Printer Market: Competitive Structure
Table 8: Global: Printer Market: Key Players

Companies Mentioned

  • Brother Industries Ltd.
  • Canon Inc.
  • FUJIFILM Corporation
  • Fujitsu Limited
  • Hitachi Ltd.
  • Honeywell International Inc.
  • HP Inc.
  • Konica Minolta Inc.
  • KYOCERA Corporation
  • Panasonic Corporation
  • Ricoh Company Ltd.
  • Roland DG Corporation
  • Seiko Epson Corporation
  • Toshiba Corporation
  • Xerox Corporation.

Methodology

Loading
LOADING...