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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.
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.
Why is the demand for medium printer & printing consumables rising?
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.
What is the size of the printer & printing consumables market?
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.
Who are the leading printer & printing consumables market players?
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.
How big is the APAC printer & printing consumables industry?
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.