Laser Printer Market Size – Forecast Period 2021-2025
This statistic denotes the global market size across several regions including APAC, Europe, North America, MEA, and South America. The laser printer market size was estimated to be at $ 2.83 bn in 2021-2025.
The size of the global laser printer market has been derived by triangulating data from multiple sources and approaches. While arriving at the market size, we have considered data points, such as the size of the parent market and the revenues of key market participants, such as Brother Industries Ltd., Canon Inc., Dell Technologies Inc., HP Inc., Konica Minolta Inc., KYOCERA Corp., Lexmark International Inc., Oki Electric Industry Co. Ltd., Ricoh Co. Ltd., and Seiko Epson Corp.
Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing popularity of mfps is notably driving the market growth, although factors such as adoption of cloud data storage may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the laser printer industry.
The increasing popularity of MFPs is a key driving factor impacting the global laser printer market growth. The popularity and adoption of MFPs in households and small and large corporates are expected to increase because they have multiple functionalities. This will drive the global laser printer market during the forecast period.
