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Laser Printer Market Share

Report ID: GMI8552
Published Date: Mar 2024
Report Format: PDF

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Laser Printer Market Share

Global Company Market Share Analysis (%) (2023)

Key players involve in the laser industry are Brother Industries Ltd., Canon Inc., Epson, Lexmark International, Inc. and HP Development Company accounting market share of 25-30% in 2023. These players are proactively involved in strategic endeavors, such as mergers & and acquisitions, facility expansion, and collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These manufacturers are continuously emphasizing towards investing in the R&D activities, aiming to enhance their solution with innovative technology with updated features, thus resulting it to remain as a competitive player across the globe.

Laser Printer Market Size

Major companies operating in the laser printer industry include:

Brother Industries Ltd.
Canon Inc.
Dell Inc.
Epson
HP Development Company, L.P.
Konica Minolta, Inc.
Kyocera Corporation
Lexmark International, Inc.
Oki Electric Industry Co., Ltd.,
Pantum International Limited
Ricoh Inc.
Roland DG Corporation
SATO America
Toshiba Corporation
Xerox Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of laser printer was reached USD 2.3 billion in 2023 and is anticipated to register a CAGR of 5.5% between 2024 to 2032, favored by increasing demand for high-quality printing solutions from various end users.

The multi-function laser printer segment accounted for over USD 1.5 billion in 2023 and is anticipated to reach USD 2.6 billion by 2032, as they offer high-speed printing, with some models capable of producing 50 or more pages per minute.

Asia Pacific laser printer market accounted for 45% revenue of the laser printer market in 2023 and will hold 46% share by 2032, propelled by the boom of e-commerce & online shopping, increasing number of SMEs, and advancements in printer technology.

Brother Industries Ltd., Canon Inc., Dell Inc., Epson, HP Development Company, L.P., Konica Minolta, Inc., Kyocera Corporation, Lexmark International, Inc., Oki Electric Industry Co., Ltd., Pantum International Limited, Ricoh Inc., Roland DG Corporation, SATO America, Toshiba Corporation, and Xerox Corporation.