Copier Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The global copier market size reached around USD 838.89 Million in 2024. The market is projected to grow at a CAGR of 4.90% between 2025 and 2034 to reach nearly USD 1.35 billion by 2034.

Global Copier Market Growth

Top 1000 retailers in the ‘Office Supplies’ category reached USD 7.89 billion in sales in 2022. That’s 1.0% growth from USD 7.83 billion the prior year. As per the US Department of Commerce, online retailers accounted for around 82.8% of overall office equipment sales in 2023, which grew from 78.4% in 2022. As per the copier market analysis, the growing appeal for online platforms is expected to positively impact the market dynamics over the forecast period.

Moreover, the age-wise segmentation of office equipment buyers suggests that consumers aged 25-34 years accounted for 25.1% of overall sales in 2022, followed by those aged 35-44 years (21.8%), and consumers aged above 55 years. Due to the increasing participation of young individuals in the workforce, consumers aged 18-24 years accounted for nearly 15.9% of overall sales in 2022. These factors are influencing copier market trends.

Sustainability has emerged as another vital market driver, with copier companies developing eco-friendly solutions for reducing their environmental impact. Energy-efficient copiers that minimise power consumption, save paper, and use recycled materials are gaining increasing market traction. By adapting to evolving consumer preferences, businesses can minimise their operational costs and carbon footprint, thereby increasing their copier market share. Additionally, modern copiers supporting mobile printing using wireless connections have improved flexibility and convenience of accessing and sharing business documents. This has particularly increased their adoption among on-the-go workers, thereby driving market growth.

Key Trends and Developments

Increasing appeal for laser copiers; rising integration of cloud technology; influence of AI and automation; and enhanced security features are factors favouring the growth of the copier market.

October 2024

Kyocera Document Solutions Inc. announced the discovery of an upcycling technology which facilitate the production of different components of copiers and printers by recycling PET films used in MLCCs (multilayer ceramic chip capacitors) by Kyocera’s Electronics Division.

September 2024

Seiko Epson Corporation acquired Fiery, a California-based printing software developer for nearly USD 591 million to improve its technological capabilities surrounding printing efficiency and quality. This can potentially increase the rate of copier market development.

May 2023

Ricoh Company, Ltd. collaborated with Toshiba Corporation to produce copy machines, multifunctional printers, and other printing products.

December 2022

Canon Inc. introduced MAXIFY GX4020 and MAXIFY GX3020 printers, and imageCLASS MF264dw II and MF262dw II printers to diversify its existing portfolio of multifunctional printers capable of scanning and photocopying. This is expected to increase the copier market value over the forecast period.

Increasing appeal for laser copiers

Laser copiers are well-suited for high-volume tasks and can produce high-quality texts and graphics for business documents. They are comparatively more cost-effective than inkjet printers and require less maintenance.

Rising integration of cloud technology

Modern copiers can easily connect with cloud services to enable users to scan and print documents directly from platforms like Dropbox, Google Drive, and OneDrive. This facilitates seamless document sharing and team collaboration and is expected to favourably shape the copier market dynamics.

Influence of AI and automation

AI-powered copiers are adept in analysing usage patterns and accordingly optimising operations, including adjusting print settings for maximising cost savings and predicting maintenance requirements to prevent downtime. Automatic feeding and sorting of documents further streamlines workflows and improves productivity.

Enhanced security features

The integration of advanced security features (such as user authentication, secure print release, secure erasure, data encryption) into copiers has enhanced their ability to protect sensitive information.

Global Copier Market Trends

Canon Inc.’s MAXIFY printers are an ideal solution for remote workers to upgrade their work-from-home setup. These printers are capable of printing 18 images in black and white and 13 images in colour per minute. These printers are equipped with 250-sheet front-loading cassette and a 100-sheet rear tray and can produce around 14,000 sheets in colour and 6,000 sheets in black ink. These features showcases that the introduction of powerful multifunctional printers is expected to facilitate the copier market growth. They can also produce posters and are expected to witness widespread adoption in corporate organisations and advertising houses over the forecast period.

Global Copier Industry Segmentation

The report titled “Global Copier Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

• Monochrome Copiers
• Colour Copiers
• Others

Market Breakup by Application:

• School
• Government
• Office
• Retail Store
• Others

Market Breakup by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Global Copier Market Share

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is expected to grow at a CAGR of 5.5% due to the increasing demand for office equipment supplies in developing countries. Moreover, the demand for copiers is expected to grow at a CAGR of 6.3% in India, aided by the shift towards remote work culture across numerous organisations.

Leading Companies in the Global Copier Market

Major players are reducing their input usage requirements to produce MFPs (multifunctional products) and copiers, which is favouring the copier market outlook.

Xerox Holdings Corporation

Xerox Holdings Corporation was founded in 1906 and is headquartered in Connecticut, United States. It specialises in providing digital printing and office workflow solutions, among other business services.

KYOCERA Corporation

KYOCERA Corporation was founded in April 1959 and is headquartered in Kyoto, Japan. It is engaged in manufacturing business solutions (such as document solutions and industrial tools), semiconductor units, and electrical and automotive components.

Seiko Epson Corporation

Seiko Epson Corporation was founded in May 1942 and is headquartered in Nagano, Japan. It produces printers for personal and industrial applications, apart from consumer wearable products, and modern manufacturing solutions. The introduction of AI-powered copier machines by the company has increased its overall copier market share.

Canon Inc.

Canon Inc. was founded in 1937 and is headquartered in Tokyo, Japan. It is engaged in manufacturing consumer and professional imaging equipment, information systems, industrial equipment. This includes production printers and multifunction office systems, among other devices.

Other players included in the copier market report are Ricoh Company, Ltd., HP Inc., Lexmark International, Inc., Samsung Electronics Co., Ltd., Dell Technologies Inc., and Konica Minolta, Inc., among others.