Advertisement

Responsive Advertisement

Increasing popularity of MFPs

The increasing popularity of MFPs is driving the global laser printer market growth. Several vendors are launching multifunctional laser printers for various printing formats to support the diverse organizational print requirements. For instance, in January 2018, Brother International launched nine new models of monochrome laser printers and all-in-one printers for small and home offices. The popularity and adoption of MFPs in households and small and large corporates are expected to rise owing to their multiple functionalities.

The laser printer market size is anticipated to grow by USD 2.82 billion from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 4.51% during the forecast period.

Use our analysis and insights for effective decision-making. Key Challenges

The adoption of cloud data storage will challenge the global laser printer market growth. Companies are increasingly adopting cloud data storage architectures. They can deploy cloud-based data storage solutions, such as Google Drive and Dropbox, which have remote access features for documents. Cloud enables the online storage of data on remote servers. Cloud services also enable faster and easy uploading, retrieval, and sharing of documents, which reduces the need to print, store, and share documents in the hardcopy format.

Key Vendors and their Offerings

The market is concentrated, and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Some of the key vendors operating in the market include 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. among others.

Laser Printer Market Product Outlook (Revenue, USD bn, 2020-2025)

  • Laser MFPs - size and forecast 2020-2025
  • Laser SFPs - size and forecast 2020-2025

Laser Printer Market Geography Outlook (Revenue, USD bn, 2020-2025)

  • APAC - size and forecast 2020-2025
  • Europe - size and forecast 2020-2025
  • North America - size and forecast 2020-2025
  • MEA - size and forecast 2020-2025
  • South America - size and forecast 2020-2025

Do you want to learn about the contribution of each segment of the market? Regional Analysis

APAC is expected to account for 40% of the market's growth during the forecast period. The presence of major laser printer manufacturers in the region will drive the market growth in APAC during the forecast period. Moreover, market growth in this region will be faster than the growth of the market in regions. China is a key country for the market in APAC.


Alachua Hunters Creek Pebble Creek
Alafaya Hutchinson Island South Pelican Bay
Altamonte Springs Immokalee Pembroke Park
Apollo Beach Indian Harbour Beach Pembroke Pines
Apopka Indian River Estates Pensacola
Arcadia Indiantown Perry
Asbury Lake Inverness Pine Castle
Atlantic Beach Inverness Highlands South Pinecrest
Auburndale Inwood Pine Hills
Aventura Iona Pinellas Park
Avon Park Islamorada Pine Manor
Azalea Park Ives Estates Pine Ridge
Bardmoor Jacksonville Pinewood
Bartow Jacksonville Beach Plantation
Bay Harbor Islands Jasmine Estates Plant City
Bayonet Point Jensen Beach Poinciana
Bayshore Gardens Jupiter Pompano Beach
Beacon Square Jupiter Farms Ponte Vedra Beach
Bee Ridge Kathleen Port Charlotte
Bellair Meadowbrook Terrace Kendale Lakes Port Orange
Belle Glade Kendall Port Saint John
Belle Isle Kendall West Port Saint Lucie
Bellview Kenneth City Port Salerno
Beverly Hills Key Biscayne Princeton
Bithlo Key Largo Progress Village
Bloomingdale Keystone Punta Gorda
Boca Raton Key West Punta Gorda Isles
Bonita Springs Kissimmee Quincy
Boynton Beach Lady Lake Richmond Heights
Bradenton Lake Alfred Richmond West
Brandon Lake Butler Rio Pinar
Brent Lake City River Park
Broadview Park Lakeland Riverview
Brooksville Lakeland Highlands Riviera Beach
Brownsville Lake Lorraine Rockledge
Buenaventura Lakes Lake Magdalene Rotonda
Butler Beach Lake Mary Royal Palm Beach
Callaway Lake Park Ruskin
Cantonment Lakeside Safety Harbor
Cape Canaveral Lake Wales Saint Augustine
Cape Coral Lakewood Park Saint Augustine Beach
Carol City Lake Worth Saint Augustine Shores
Carrollwood Land O Lakes Saint Cloud
Casselberry Lantana Saint Pete Beach
Celebration Largo Saint Petersburg
Cheval Lauderdale By The Sea Samsula Spruce Creek
Citra Lauderdale Lakes San Carlos Park
Citrus Hills Lauderhill Sanford
Citrus Park Laurel Sanibel
Citrus Springs Lealman Sarasota
Clearwater Lecanto Sarasota Springs
Clermont Leesburg Satellite Beach
Clewiston Lehigh Acres Sebastian
Cocoa Leisure City Sebring
Cocoa Beach Lighthouse Point Seffner
Cocoa West Live Oak Seminole
Coconut Creek Lockhart Shady Hills
Coconut Grove Longboat Key Siesta Key
Combee Settlement Longwood Silver Springs Shores
Conway Lutz Sky Lake
Cooper City Lynn Haven South Apopka
Coral Gables Macclenny South Bay
Coral Springs Maitland South Bradenton
Coral Terrace Mango Southchase
Country Club Marathon South Daytona
Country Walk Marco Island Southeast Arcadia
Crestview Margate Southgate
Crystal Lake Marianna South Gate Ridge
Cutler Bay Mascotte South Highpoint
Cutler Ridge Mcgregor South Miami
Cypress Gardens Meadow Woods South Miami Heights
Cypress Lake Medulla South Pasadena
Dade City Melbourne South Patrick Shores
Dania Beach Memphis South Sarasota
Davie Merritt Island South Venice
Daytona Beach Miami Southwest Ranches
Debary Miami Beach Springfield
Deerfield Beach Miami Gardens Spring Hill
Defuniak Springs Miami Lakes Starke
Deland Miami Shores Stuart
Delray Beach Miami Springs Sugarmill Woods
Deltona Micco Sun City Center
Destin Middleburg Sunny Isles Beach
Doctor Phillips Milton Sunrise
Doral Mims Sunset
Dunedin Minneola Surfside
East Lake Miramar Sweetwater
East Lake Orient Park Miramar Beach Tallahassee
East Milton Mount Dora Tamarac
Edgewater Mount Plymouth Tamiami
Egypt Lake Leto Myrtle Grove Tampa
Elfers Naples Tarpon Springs
Englewood Naples Manor Tavares
Ensley Naples Park Temple Terrace
Estero Naranja Tequesta
Eustis Navarre The Acreage
Fairview Shores Neptune Beach The Crossings
Fellsmere Newberry The Hammocks
Fernandina Beach New Port Richey The Villages
Fern Park New Port Richey East Thonotosassa
Ferry Pass New Smyrna Beach Three Lakes
Fish Hawk Niceville Timber Pines
Fleming Island Nocatee Titusville
Floral City North Bay Village Town N Country
Florida City Northdale Treasure Island
Florida Ridge North Fort Myers Trinity
Forest City North Lauderdale Union Park
Fort Lauderdale North Miami University
Fort Meade North Miami Beach University Park
Fort Myers North Palm Beach Upper Grand Lagoon
Fort Myers Beach North Port Valparaiso
Fort Myers Shores North Sarasota Valrico
Fort Pierce North Weeki Wachee Venice
Fort Pierce North Oakland Park Venice Gardens
Fort Walton Beach Oakleaf Plantation Vero Beach
Fountainebleau Oakridge Vero Beach South
Four Corners Ocala Viera East
Fruit Cove Ocean City Viera West
Fruitland Park Ocoee Villas
Fruitville Odessa Warm Mineral Springs
Fuller Heights Ojus Warrington
Gainesville Okeechobee Wedgefield
Gateway Oldsmar Wekiwa Springs
Gibsonton Olympia Heights Wellington
Gifford Opa Locka Wesley Chapel
Gladeview Orange City Westchase
Glenvar Heights Orange Park Westchester
Golden Gate Orangetree Westgate
Golden Glades Orlando West Lealman
Goldenrod Orlovista West Little River
Gonzalez Ormond Beach West Melbourne
Goulds Ormond By The Sea West Miami
Greenacres Osprey Weston
Green Cove Springs Oviedo West Palm Beach
Groveland Pace West Park
Gulf Breeze Pahokee West Pensacola
Gulf Gate Estates Palatka West Perrine
Gulfport Palm Bay West Samoset
Haines City Palm Beach West Vero Corridor
Hallandale Beach Palm Beach Gardens Westview
Heathrow Palm City Westwood Lakes
Hernando Palm Coast Whiskey Creek
Hialeah Palmetto Wildwood
Hialeah Gardens Palmetto Bay Williamsburg
Highland City Palmetto Estates Willow Oak
High Springs Palm Harbor Wilton Manors
Hobe Sound Palm River Clair Mel Wimauma
Holiday Palm Springs Winter Garden
Holly Hill Palm Springs North Winter Haven
Hollywood Palm Valley Winter Park
Homestead Panama City Winter Springs
Homosassa Springs Panama City Beach World Golf Village
Horizon West Parkland Wright
Hudson Pasadena Hills Yulee
    Zephyrhills

JR Copier USA