How big is the Printer Market?

The Printer Market size is expected to reach USD 54.35 billion in 2024 and grow at a CAGR of 4.55% to reach USD 67.88 billion by 2029. Read More

What is the current Printer Market size?

In 2024, the Printer Market size is expected to reach USD 54.35 billion. Read More

Who are the key players in Printer Market?

HP Inc., Canon Inc., Seiko Epson Corporation, Brother Industries, Ltd. and Xerox Corporation are the major companies operating in the Printer Market. Read More

Which is the fastest growing region in Printer Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Printer Market?

In 2024, the North America accounts for the largest market share in Printer Market. Read More

What years does this Printer Market cover, and what was the market size in 2023?

In 2023, the Printer Market size was estimated at USD 51.88 billion. The report covers the Printer Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Printer Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Printer Market - Share, Size & Report

Printer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Printer Market Report is Segmented by Printer Type (Multi-Functional and Standalone), Technology Type (Dot Matrix Printer, Inkjet Printer, LED Printer, Thermal Printer, and Laser Printer), Printer Interface (Wired and Wireless), Output Type (Color and Monochrome), End-User Application (Residential, Commercial, Educational Institutions, Enterprises, Government, and Other End-User Applications), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

Printer Industry Overview

The printer market is moderately fragmented, with a majority share acquired by a few global players. High investments in R&D, new product launches, market initiatives, mergers and acquisitions, partnerships, and collaborations are the prime growth strategies companies adopt to sustain the competition. Key players in the market are Canon, Xerox, Ricoh, and Konica Minolta.

January 2024 - HP launched a new line of 'OfficeJet Pro' printers designed to cater to the printing requirements of SMBs in India. The new line consists of OfficeJet Pro 9720 and 9730 Wide Format All-in-One series, OfficeJet Pro 9130 All-in-One series, and OfficeJet Pro 8120 All-in-One series. The HP OfficeJet Pro series is offered at a base price of INR 21,562 (USD 257.43).
November 2023 - Brother Industries revealed its most recent inkjet printer, the MFC-J1800DW Print & Cut All-in-One Color Inkjet Printer. This model signifies the brand's initial venture into automatic paper cutting. The Print & Cut system makes use of the state-of-the-art Brother Blade Sensor Technology (BST) to ensure precise cutting of full letter pages. Positioned as a versatile choice, the Print & Cut is aimed at consumers who require a compact, all-in-one printer for their daily printing needs.