Home > Consumer Goods & Services > Consumer Electronics > Ink Cartridge Printer Market

Ink Cartridge Printer Market Share

Report ID: GMI8501
Published Date: Mar 2024
Report Format: PDF

Download Free Sample

Ink Cartridge Printer Market Share

Alt tag : Global Company Market Share Analysis, 2023

In 2023, dominant market players including HP Development Company, Seiko Ipson Corporation, Samsung, Canon, Panasonic Corporation collectively held 20%-25% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives, such as mergers & acquisitions, facility expansions, and partnerships, to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.

Ink Cartridge Printer Market Companies

Major players operating in the ink cartridge printer industry include:

HP Development Company
Seiko Ipson Corporation
Samsung
Canon
Panasonic Corporation
Dell
Xerox Corporation
Lexmark International
Fuji Xerox Co.
Ricoh
Brother Industries
Konica Minolta Inc
Kyocera Corporation
OKI Electric Industry
Toshiba Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Ink cartridge printer market size reached USD 19.38 billion in 2023 and is set to expand at 6% CAGR from 2024-2032 owing to the rising need for printers in various sectors such as education, government, commercial and residential globally.

The thermal segment accounted for USD 14 billion in 2023 and is estimated to depict notable growth through 2032 owing to the widespread use due to the increasing availability at cheaper prices.

North America ink cartridge printer industry generated USD 6 billion in 2023 and is projected to record substantial growth by 2032 driven by the surging demand from various sectors, such as businesses, educational institutions, and households.

Some of the leading companies in the ink cartridge printer industry are HP Development Company, Seiko Ipson Corporation, Samsung, Canon, Panasonic Corporation, Dell, Xerox Corporation, Lexmark International, Fuji Xerox Co., Ricoh, Brother Industries, Konica Minolta Inc, Kyocera Corporation, OKI Electric Industry, and Toshiba Corporation.