Printer Market PPT: Demand, Trends and Business Opportunities 2023-28

Author: Elena Anderson, Marketing Manager |

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Global Printer Market Research Report:

The latest report by IMARC, titled “ Printer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global printer market size reached US$ 47.5 Billion in 2022.

A printer re-locates digital information from an input device, such as a computer, into a hard copy by converting it to a physical medium. Aside from being convenient and reliable, it provides customizable results and high-quality output while being easy to use for scanning and making multiple copies of documents. The maintenance cartridge on some models can be replaced by the user for maximum uptime. On the other hand, the ink refill mechanism features a drip-free, hands-free refilling process. Furthermore, eco-friendly printing practices are gaining traction in many end-user sectors as vendors are increasingly seeking to recycle, reuse, and reduce resources.

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Global Printer Market Trends:

The global market is majorly driven by the rapid utilization of printers for printing business presentations and professional data, which is resulting in a higher product uptake across the commercial sector. In line with this, the increasing demand for large format printers for printing visual campaigns, such as graphic-rich posters and banner advertisements with high-quality images, in the marketing sector is also fueling the market. Additionally, continual technological advancements in printing, such as cloud-based printing services and multi-functional device printers, are creating a positive market outlook. The market is further propelled by the growing number of small and mediumsized enterprises (SMEs) across the globe.

Some of the other factors contributing to the market include burgeoning e-commerce platforms, mergers and acquisitions (M&A) between key players, significant growth in the smart packaging industry, and extensive research and development (R&D) activities. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 64.7 Billion by 2028, exhibiting a CAGR of 5.07% during 2023-2028.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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Market Summary:

Breakup by Printer Type:

• Multi-Functional

• Standalone

Breakup by Technology Type:

• Dot Matrix Printer

• Inkjet Printer

• LED Printer

• Thermal Printer

• Laser Printer

Breakup by Printer Interface:

• Wired

• Wireless

Breakup by End User:

• Residential

• Commercial

• Educational Institutions

• Enterprises

• Government

• Others

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

Competitive Landscape with Key Players:

• 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.

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Partial List of Clients

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A partial List of our Clients

Partial List of Clients

We are the trusted business partners to the world's leading corporates, governments, and institutions

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