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Printer & Printing Consumables Market Size

Report ID: GMI10322
Published Date: Jul 2024
Report Format: PDF

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Printer & Printing Consumables Market Size

Printer & Printing Consumables market was valued at USD 48.3 billion in 2023 and is set to grow at a CAGR of over 4.8% from 2024 to 2032.

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Governments may implement policies to support printing companies in international markets, such as trade agreements that facilitate the export of printing consumables and technologies. Export incentives and trade missions can also help printing companies access global markets more effectively. Investment in infrastructure such as printing facilities, technology parks, and industrial zones supports the growth of the printing industry. In addition, growing sector of education & financial institution, corporates, commercial printing services, media, retail, and government agencies incorporating printing solution is likely to drive the business growth.

Printer & Printing Consumables Market Report Attributes
Report Attribute	Details
Base Year:	2023
Printer & Printing Consumables Market Size in 2023:	USD 48.3 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	4.8%
2024 – 2032 Value Projection:	USD 73.4 Billion
Historical Data for:	2021 – 2023
No. of Pages:	145
Tables, Charts & Figures:	247
Segments covered:	Product, price, end-user, distribution channel, and region
Growth Drivers:	Rising adoption in the government sector Rise in 3D printing technology Growing adoption of eco-friendly printing material Increase in adoption of digital documentation
Pitfalls & Challenges:	Increase in concerns regarding the emission of volatile organic compound

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Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of printer & printing consumables was reached USD 48.3 billion in 2023 and is anticipated to register 4.8% CAGR between 2024 and 2032, due to the growing adoption of eco-friendly printing materials and the increase in adoption of digital documentation.

The medium segment in the printer & printing consumables market held 57.1% revenue share in 2023, driven by its adaptability, wide-ranging features and global accessibility.

Asia Pacific printer & printing consumables market held 44.8% revenue share in 2023 due to its large population, rising substantial demand for printers and consumables and the increasing role as a global manufacturing hub.

Canon, HP, Brother, Epson, Kyocera, NEC, Ricoh, Lexmark International, Seiko Epson Corporation, ACM Technologies Inc., AstroNova Inc., Nazdar Ink Technologies; L.P., Eastman Kodak Co., DIC Corporation, and Xerox Corporation.