Laser Printer Global Market Report 2024

Description

A laser printer is a device that utilizes laser technology to produce high-quality text and images on paper. It is known for its sharp text quality, efficiency, and speed, making it a popular choice for both office and home use.

The main types of laser printers are single-function and multi-function. Single-function printers are designed to deliver high-quality prints efficiently, without additional features such as scanning or copying. The various types of lasers used include helium-neon lasers and semiconductor lasers. These printers are used by various end-users, including individual users, small and medium-sized enterprises (SMEs), large enterprises, governments, and others.

The laser printer market research report is one of a series of new reports from The Business Research Company that provides laser printer market statistics, including laser printer industry global market size, regional shares, competitors with a laser printer market share, detailed laser printer market segments, market trends, and opportunities, and any further data you may need to thrive in the laser printer industry. This laser printer market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The laser printer market size has grown rapidly in recent years. It will grow from $1.82 billion in 2023 to $2.05 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth during the historic period can be attributed to rapid industrialization and development, rising disposable income, increased use of laser printers for personal and office applications, expanding business activities, and growing demand for office equipment.

The laser printer market size is expected to see rapid growth in the next few years. It will grow to $3.28 billion in 2028 at a compound annual growth rate (CAGR) of 12.5%. The growth in the forecast period can be attributed to the rise of remote and hybrid working models, a growing emphasis on sustainability driving the demand for energy-efficient laser printers, increased demand in the packaging industry, and a higher need for compact laser printers. Major trends during this period include advanced connectivity options such as Wi-Fi, Bluetooth, and cloud printing capabilities, AI-driven features and automation becoming integral to laser printers, integration with modern devices and workflows, incorporation of technical advancements, and vendor investments in launching new products.

The expansion of the laser printer market is projected to be significantly influenced by the increasing number of new enterprises. These newly established businesses, which are in their formative stages, contribute to the market growth. The rise in new enterprises is attributed to rapid technological advancements, increased funding opportunities for startups, and the growing number of entrepreneurship programs. Laser printers play a crucial role for these businesses by providing fast, reliable, and cost-effective printing solutions that enhance operational efficiency and ensure high-quality document production. For example, according to Startups.co.uk, a UK-based business advice website, the number of new enterprises in the UK reached 39,966 in 2023, representing a 6.5% increase from the previous year. As a result, the burgeoning number of new enterprises is driving growth in the laser printer market.

Key players in the laser printer market are concentrating on developing innovative products, including digital color and monochrome laser printers, to meet diverse business and personal printing needs. These printers are vital in both personal and professional environments, leveraging laser technology to deliver high-quality printed documents. In October 2023, Brother, a Japan-based electronics and electrical equipment company, introduced an updated lineup of digital color and monochrome laser printers, along with all-in-one devices. These new products are designed to address the needs of businesses ranging from small enterprises to large corporations. Brother's latest launch underscores its commitment to delivering dependable printing solutions that align with the evolving requirements of modern workplaces, enhancing productivity and efficiency.

In June 2024, Ennis Inc., a US-based manufacturer of printed business products, acquired Printing Technologies, Inc. (PTI) for an undisclosed sum. This acquisition is intended to broaden Ennis's product range within the printing industry, encompassing various innovative media solutions such as direct thermal, thermal transfer, inkjet, dot matrix, and laser printing technologies. Printing Technologies, Inc. (PTI) is a US-based manufacturer specializing in laser printers.

Major companies operating in the laser printer market are Samsung Electronics Co Ltd., Dell Technologies Inc., Panasonic Corporation, HP Inc., Canon Inc., Toshiba Corporation, Fujifilm Holdings Corporation, Sharp Corporation, Ricoh Company Ltd., Kyocera Corporation, Epson America Inc., Konica Minolta Inc., Xerox Corporation, Brother Industries Ltd., Lexmark International Inc., Eastman Kodak Company, HID Global Corporation, Sindoh Co Ltd., UTAX GmbH, Newgen Solutions USA Inc.

Asia-Pacific was the largest region in the laser printer market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the laser printer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the laser printer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The laser printer market consists of sales of monochrome laser printers, color laser printers, multifunction laser printers, and network laser printers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Laser Printer Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on laser printer market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for laser printer ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laser printer market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Printer Type: Single Function; Multi-Function
2) By Laser Type: Helium-Neon Lasers; Semi-Conductor Laser
3) By End-User: Individual Users; Small And Medium-Sized Enterprises (SMEs); Large Enterprises; Government; Other End-Users
Companies Mentioned: Samsung Electronics Co Ltd.; Dell Technologies Inc.; Panasonic Corporation; HP Inc.; Canon Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r19954

1. Executive Summary

2. Laser Printer Market Characteristics

3. Laser Printer Market Trends And Strategies

4. Laser Printer Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Laser Printer Market Size and Growth

5.1. Global Laser Printer Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Laser Printer Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Laser Printer Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Laser Printer Market Segmentation

6.1. Global Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Single Function
Multi-Function
6.2. Global Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Helium-Neon Lasers
Semi-Conductor Laser
6.3. Global Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Individual Users
Small And Medium-Sized Enterprises (SMEs)
Large Enterprises
Government
Other End-Users

7. Laser Printer Market Regional And Country Analysis

7.1. Global Laser Printer Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Laser Printer Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Laser Printer Market

8.1. Asia-Pacific Laser Printer Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Laser Printer Market

9.1. China Laser Printer Market Overview
9.2. China Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Laser Printer Market

10.1. India Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Laser Printer Market

11.1. Japan Laser Printer Market Overview
11.2. Japan Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Laser Printer Market

12.1. Australia Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Laser Printer Market

13.1. Indonesia Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Laser Printer Market

14.1. South Korea Laser Printer Market Overview
14.2. South Korea Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Laser Printer Market

15.1. Western Europe Laser Printer Market Overview
15.2. Western Europe Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Laser Printer Market

16.1. UK Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Laser Printer Market

17.1. Germany Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Laser Printer Market

18.1. France Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Laser Printer Market

19.1. Italy Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Laser Printer Market

20.1. Spain Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Laser Printer Market

21.1. Eastern Europe Laser Printer Market Overview
21.2. Eastern Europe Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Laser Printer Market

22.1. Russia Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Laser Printer Market

23.1. North America Laser Printer Market Overview
23.2. North America Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Laser Printer Market

24.1. USA Laser Printer Market Overview
24.2. USA Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Laser Printer Market

25.1. Canada Laser Printer Market Overview
25.2. Canada Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Laser Printer Market

26.1. South America Laser Printer Market Overview
26.2. South America Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Laser Printer Market

27.1. Brazil Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Laser Printer Market

28.1. Middle East Laser Printer Market Overview
28.2. Middle East Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Laser Printer Market

29.1. Africa Laser Printer Market Overview
29.2. Africa Laser Printer Market, Segmentation By Printer Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Laser Printer Market, Segmentation By Laser Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Laser Printer Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Laser Printer Market Competitive Landscape And Company Profiles

30.1. Laser Printer Market Competitive Landscape
30.2. Laser Printer Market Company Profiles
- 30.2.1. Samsung Electronics Co Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Dell Technologies Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Panasonic Corporation
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. HP Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Canon Inc.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Laser Printer Market Other Major And Innovative Companies

31.1. Toshiba Corporation
31.2. Fujifilm Holdings Corporation
31.3. Sharp Corporation
31.4. Ricoh Company Ltd.
31.5. Kyocera Corporation
31.6. Epson America Inc.
31.7. Konica Minolta Inc.
31.8. Xerox Corporation
31.9. Brother Industries Ltd.
31.10. Lexmark International Inc.
31.11. Eastman Kodak Company
31.12. HID Global Corporation
31.13. Sindoh Co Ltd.
31.14. UTAX GmbH
31.15. Newgen Solutions USA Inc.

32. Global Laser Printer Market Competitive Benchmarking

33. Global Laser Printer Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Laser Printer Market

35. Laser Printer Market Future Outlook and Potential Analysis

35.1 Laser Printer Market In 2028 - Countries Offering Most New Opportunities
35.2 Laser Printer Market In 2028 - Segments Offering Most New Opportunities
35.3 Laser Printer Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer