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Printer Market Share

Report ID: GMI12235
Published Date: Nov 2024
Report Format: PDF

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Printer Market Share

The market is fragmented, with several regional companies operating globally. Major players like HP, Canon, Xerox, and Epson collectively hold a market share of 60%-65%. Companies in the industry are investing heavily in research and development to launch new products with advanced technologies, such as eco-friendly printing solutions and faster print speeds. Manufacturers are also diversifying their product lines to include multifunction devices and 3D printers, allowing them to cater to different market segments.

Printer Market Companies

Major players operating in the printer industry are:

Brother
Canon
Dell
Epson
Fujifilm
HP
Konica Minolta
Kyocera
Lexmark
Oki
Ricoh
Roland
Sharp
Toshiba
Xerox

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global printer industry was valued at USD 71.9 billion in 2023 and is estimated to grow at a 4.9% CAGR from 2024 to 2032, driven by the global growth of e-commerce and logistics.

Inkjet printers generated over USD 21.3 billion in revenue in 2023 and are expected to reach USD 33.5 billion by 2032 due to their cost-effectiveness, versatility, and print quality.

The Asia Pacific region held a 38.6% share of the printer market in 2023 and is expected to grow at a 5.2% CAGR during the forecast period, driven by rapid industrialization.

Key players in the industry include Brother, Canon, Dell, Epson, Fujifilm, HP, Konica Minolta, and Kyocera.