Printer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Printer Market Report is Segmented by Printer Type (Multi-Functional and Standalone), Technology Type (Dot Matrix Printer, Inkjet Printer, LED Printer, Thermal Printer, and Laser Printer), Printer Interface (Wired and Wireless), Output Type (Color and Monochrome), End-User Application (Residential, Commercial, Educational Institutions, Enterprises, Government, and Other End-User Applications), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for the Above Segments.

Printer Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Printer Market Size

Printer Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 56.82 Billion
Market Size (2030) USD 70.98 Billion
CAGR (2025 - 2030) 4.55 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Printer Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Printer Market with other markets in Technology, Media and Telecom Industry

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Printer Market Analysis

The Printer Market size is estimated at USD 56.82 billion in 2025, and is expected to reach USD 70.98 billion by 2030, at a CAGR of 4.55% during the forecast period (2025-2030).

  • A printer is an external hardware output device that creates a physical copy of electronic information stored in a computer or another electronic device. It can reproduce documents, texts, images, or all three. The printer industry is seeing consistent expansion due to technological progress, rising demand in different industries, and strategic moves made by major companies.
  • The printer market is influenced by the introduction of new technologies, the changing needs of customers, and the emergence of new printing markets. The biggest trend in the printer industry has been the growth of digital printing. The future of printing technology is expected to involve a significant focus on automating the entire printing process. Features such as automatic document feeders and automatic duplexing are becoming increasingly common in printers these days. As the demand for digital printing continues to advance, the market is expected to witness significant growth in the coming years.
  • The adoption of newer printer models is driven by the desire to reduce the cost per page of printing and to simplify the process of loading new ink or toner, which has historically been challenging. The market now offers a variety of affordable and environmentally friendly ink and toner options, resulting in improved print quality, fewer ink spills, and lower print costs per page. As a result, numerous companies are making substantial investments in this technology to boost their competitiveness.
  • The concept of online printing has evolved to encompass all the modern practices within the industry. It is playing a significant role in shaping the future of printing by changing how printing services are accessed, carried out, and managed. Through the utilization of technology and automation, online printers are enhancing efficiency, reducing waste, and offering cost-effective pricing. Online printing is revolutionizing the industry by promoting advancements in digital printing, online ordering systems, personalized printing, and automated processes. These substantial developments are expected to drive the market forward.
  • The printing industry is witnessing a surge in growth driven by factors such as mobile printing, the rising need for color printing, packaging printing demands, market expansion for entry-level products like A4 printers, and the increasing reliance on cloud-based computing and software. Reputable online printing companies prioritize quality and uniformity by leveraging state-of-the-art printing technology and enforcing rigorous quality assurance measures. This commitment ensures that prints are of superior quality, featuring accurate colors, sharp details, and long-lasting resilience.
  • Despite the obstacles presented by the COVID-19 pandemic and the surge in digital media, commercial printing is on a steady growth trajectory rather than a decline. Due to the advancements in digital printing technology, printers are now able to offer highly customized and targeted print products, meeting the unique preferences of both consumers and businesses. Furthermore, the home printer market experienced substantial growth as people stocked up on essentials during the COVID-19 outbreak, particularly with the rise of work-from-home situations.

Printer Industry Overview

The printer market is moderately fragmented, with a majority share acquired by a few global players. High investments in R&D, new product launches, market initiatives, mergers and acquisitions, partnerships, and collaborations are the prime growth strategies companies adopt to sustain the competition. Key players in the market are Canon, Xerox, Ricoh, and Konica Minolta.

  • January 2024 - HP launched a new line of 'OfficeJet Pro' printers designed to cater to the printing requirements of SMBs in India. The new line consists of OfficeJet Pro 9720 and 9730 Wide Format All-in-One series, OfficeJet Pro 9130 All-in-One series, and OfficeJet Pro 8120 All-in-One series. The HP OfficeJet Pro series is offered at a base price of INR 21,562 (USD 257.43).
  • November 2023 - Brother Industries revealed its most recent inkjet printer, the MFC-J1800DW Print & Cut All-in-One Color Inkjet Printer. This model signifies the brand's initial venture into automatic paper cutting. The Print & Cut system makes use of the state-of-the-art Brother Blade Sensor Technology (BST) to ensure precise cutting of full letter pages. Positioned as a versatile choice, the Print & Cut is aimed at consumers who require a compact, all-in-one printer for their daily printing needs.

Printer Market Leaders

  1. HP Inc.

  2. Canon Inc.

  3. Seiko Epson Corporation

  4. Brother Industries, Ltd.

  5. Xerox Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Printer Market Concentration
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Printer Market News

  • January 2024 - Roland DG Corporation unveiled the EU-1000MF large format UV-LED flatbed printer in North America. This printer delivers high-quality printing, exceptional support at an attractive price, and a productivity level that will appeal to a diverse customer base. Capable of producing beautiful prints on materials up to 95 mm (3.74”) thick, it is suitable for a wide range of applications such as sign graphics, event and store displays, décor, and customized goods in small batches, allowing customers to grow their printing businesses significantly.
  • June 2024 - CMYKhub, the top wholesale printer in Australia, expanded its services by investing in two Canon varioPRINT iX3200 cut-sheet presses at Drupa. This family-owned business caters to a diverse range of clients, from independent printers to advertising agencies and graphic designers, offering a wide variety of printed products like business cards, brochures, stationery, calendars, banners, signage and display, labels, and packaging.

Printer Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Consumers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Technological Advancements and Product/Service Enhancement in the Business End-use Sector
  • 5.2 Market Restraints
    • 5.2.1 Environmental Concerns and Growing Digitization in End-user Verticals

6. MARKET SEGMENTATION

  • 6.1 By Printer Type
    • 6.1.1 Multi-functional
    • 6.1.2 Standalone
  • 6.2 By Technology Type
    • 6.2.1 Dot Matrix Printer
    • 6.2.2 Inkjet Printer
    • 6.2.3 LED Printer
    • 6.2.4 Thermal Printer
    • 6.2.5 Laser Printer
  • 6.3 By Printer Interface
    • 6.3.1 Wired
    • 6.3.2 Wireless
  • 6.4 By Output Type
    • 6.4.1 Color
    • 6.4.2 Monochrome
  • 6.5 By End-user Application
    • 6.5.1 Residential
    • 6.5.2 Commercial
    • 6.5.3 Educational Institutions
    • 6.5.4 Enterprises
    • 6.5.5 Government
    • 6.5.6 Other End-user Applications
  • 6.6 Geography
    • 6.6.1 North America
    • 6.6.2 Europe
    • 6.6.3 Asia-Pacific
    • 6.6.4 Latin America
    • 6.6.5 Middle East and Africa

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 HP Inc.
    • 7.1.2 Canon Inc.
    • 7.1.3 Seiko Epson Corporation
    • 7.1.4 Brother Industries Ltd
    • 7.1.5 Xerox Corporation
    • 7.1.6 Fujifilm Holdings Corporation
    • 7.1.7 Konica Minolta Inc.
    • 7.1.8 Roland DG Corporation
    • 7.1.9 Ricoh Company Ltd
    • 7.1.10 Fujitsu Ltd
    • 7.1.11 Panasonic Corporation
    • 7.1.12 Toshiba Corporation
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Printer Industry Segmentation

A printer is a device that uses text and graphics as input from a computer and relocates the information to paper. The study further covers the revenue generated from the sales of printers. 

The printer market is segmented by printer type, technology type, printer interface, output type, end-user application, and geography. By printer type, the market is segmented into multi-functional and standalone. By technology type, the market is divided into dot matrix printer, inkjet printer, LED printer, thermal printer, and laser printer. By printer interface, the market is divided into wired and wireless. By output type, the market is segmented into color and monochrome. By end-user application, the market is divided into residential, commercial, educational institutions, enterprises, government, and other end-user applications. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Printer Type Multi-functional
Standalone
By Technology Type Dot Matrix Printer
Inkjet Printer
LED Printer
Thermal Printer
Laser Printer
By Printer Interface Wired
Wireless
By Output Type Color
Monochrome
By End-user Application Residential
Commercial
Educational Institutions
Enterprises
Government
Other End-user Applications
Geography North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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Printer Market Research FAQs

How big is the Printer Market?

The Printer Market size is expected to reach USD 56.82 billion in 2025 and grow at a CAGR of 4.55% to reach USD 70.98 billion by 2030.

What is the current Printer Market size?

In 2025, the Printer Market size is expected to reach USD 56.82 billion.

Who are the key players in Printer Market?

HP Inc., Canon Inc., Seiko Epson Corporation, Brother Industries, Ltd. and Xerox Corporation are the major companies operating in the Printer Market.

Which is the fastest growing region in Printer Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Printer Market?

In 2025, the North America accounts for the largest market share in Printer Market.

What years does this Printer Market cover, and what was the market size in 2024?

In 2024, the Printer Market size was estimated at USD 54.23 billion. The report covers the Printer Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Printer Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Printers Industry Report

Statistics for the 2025 Printer market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Printer analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Printers Market Report Snapshots