Global Laser Printers Market to Reach $50.1 Billion by 2030
The global market for Laser Printers estimated at US$36.9 Billion in the year 2023, is expected to reach US$50.1 Billion by 2030, growing at a CAGR of 4.5% over the period 2023-2030. Multi-Function Laser Printers, one of the segments analyzed in the report, is expected to record 4.9% CAGR and reach US$30.2 Billion by the end of the analysis period. Growth in the Single Function Laser Printers segment is estimated at 3.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10 Billion, While China is Forecast to Grow at 7.6% CAGR
The Laser Printers market in the U.S. is estimated at US$10 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.6 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.
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