PUBLISHER: IMARC | PRODUCT CODE: 1370427
PUBLISHER: IMARC | PRODUCT CODE: 1370427
Printer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global printer market size reached US$ 47.5 Billion in 2022. Looking forward, IMARC Group 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:
IMARC Group 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?
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
- 10.1.1 United States
- 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
- 10.2.1 China
- 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
- 10.3.1 Germany
- 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
- 10.4.1 Brazil
- 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
- 15.3.1 Brother Industries Ltd.
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
