Product Code: GVR-4-68040-447-6
Laser Printer Market Size & Trends:
The global laser printer market size was estimated at USD 9.62 billion in 2023 and is projected to grow at a CAGR of 5.1% from 2024 to 2030. The growing need for efficient and high-speed printing solutions among enterprises and educational institutions is driving the market's growth. A laser printer is a printing device that utilizes a laser beam to generate high-quality text and graphics on paper. It operates by employing electrostatically charged toner and a heated fuser to transfer the toner onto the paper effectively.
Laser printers provide numerous advantages, such as high-speed output and exceptional print quality, which make them a favored option for both businesses and individuals. Renowned for their rapid printing capabilities, especially with large document volumes, laser printers are ideal in settings where quick turnaround times are critical. In addition, they offer cost-effectiveness; while the upfront investment may be higher, the cost per page is generally lower compared to inkjet printers, particularly for black-and-white printing.
The expansion of e-commerce and online retailing is significantly contributing to the growth of the global laser printer market. E-commerce businesses require substantial volumes of printed materials for packaging, shipping labels, invoices, and promotional inserts. Laser printers are well-suited for these tasks due to their high speed, reliable output, and ability to handle large print jobs efficiently. Online retailers benefit from the speed and efficiency of laser printers in processing large numbers of orders. Fast printing speeds help in reducing bottlenecks in packing and shipping operations, ensuring that orders are fulfilled promptly, which is critical in a competitive e-commerce environment.
Technological advancements have led to the development of laser printers capable of producing ultra-high-resolution prints, making them suitable for detailed graphics and complex documents. This is particularly beneficial in industries such as marketing and design, where print quality is paramount. Artificial Intelligence (AI)-driven predictive maintenance is becoming more prevalent in laser printers, allowing for proactive identification and resolution of potential issues before they cause downtime. This leads to increased printer uptime and reduced maintenance costs.
Companies manufacturing laser printers are investing in Research and Development (R&D) and continually launching new products. For instance, in June 2024, Brother Industries, Ltd. announced the launch of its latest Monochrome Laser Printer series, designed to enhance productivity and efficiency in modern workplaces. With high-speed printing, multifunction capabilities, and robust connectivity options, this series is the ideal solution for businesses seeking reliable, cost-effective printing with seamless workflows.
Global Laser Printer Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global laser printer market report based on printer type, connectivity, output, end use, and region:
- Printer Type Outlook (Revenue, USD Million, 2017 - 2030)
- Single-Function Laser Printers
- Multifunction Laser Printers
- Connectivity Outlook (Revenue, USD Million, 2017 - 2030)
- Wired
- Wireless
- Output Outlook (Revenue, USD Million, 2017 - 2030)
- Monochrome
- Color
- End Use Outlook (Revenue, USD Million, 2017 - 2030)
- Industrial
- Residential
- Commercial
- Educational Institutions
- Enterprises
- Government
- Others
- Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- Latin America
- Middle East and Africa (MEA)
- Kingdom of Saudi Arabia (KSA)
- UAE
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Laser Printer Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.3.4. Industry Challenges
- 3.4. Laser Printer Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Laser Printer Market: Printer Type Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Laser Printer Market: Printer Type Movement Analysis, 2023 & 2030 (USD Million)
- 4.3. Single-Function Laser Printers
- 4.3.1. Single-Function Laser Printers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 4.4. Multifunction Laser Printers
- 4.4.1. Multifunction Laser Printers Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 5. Laser Printer Market: Connectivity Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Laser Printer Market: Connectivity Movement Analysis, 2023 & 2030 (USD Million)
- 5.3. Wired
- 5.3.1. Wired Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 5.4. Wireless
- 5.4.1. Wireless Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 6. Laser Printer Market: Output Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Laser Printer Market: Output Movement Analysis, 2023 & 2030 (USD Million)
- 6.3. Monochrome
- 6.3.1. Monochrome Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 6.4. Color
- 6.4.1. Color Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 7. Laser Printer Market: End Use Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Laser Printer Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
- 7.3. Industrial
- 7.3.1. Industrial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.4. Residential
- 7.4.1. Residential Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5. Commercial
- 7.5.1. Commercial Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.2. Educational Institutions
- 7.5.2.1. Educational Institutions Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.3. Enterprises
- 7.5.3.1. Enterprises Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.4. Government
- 7.5.4.1. Government Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
- 7.5.5. Others
- 7.5.5.1. Others Market Revenue Estimates and Forecasts, 2017 - 2030 (USD Million)
Chapter 8. Laser Printer Market: Regional Estimates & Trend Analysis
- 8.1. Laser Printer Market Share, By Region, 2023 & 2030 (USD Million)
- 8.2. North America
- 8.2.1. North America Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.2. North America Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.2.3. North America Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.2.4. North America Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.2.5. North America Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.2.6. U.S.
- 8.2.6.1. U.S. Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.6.2. U.S. Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.2.6.3. U.S. Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.2.6.4. U.S. Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.2.6.5. U.S. Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.2.7. Canada
- 8.2.7.1. Canada Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.7.2. Canada Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.2.7.3. Canada Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.2.7.4. Canada Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.2.7.5. Canada Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.2.8. Mexico
- 8.2.8.1. Mexico Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.2.8.2. Mexico Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.2.8.3. Mexico Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.2.8.4. Mexico Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.2.8.5. Mexico Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.2. Europe Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.3.3. Europe Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.3.4. Europe Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.3.5. Europe Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.3.6. UK
- 8.3.6.1. UK Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.6.2. UK Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.3.6.3. UK Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.3.6.4. UK Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.3.6.5. UK Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.3.7. Germany
- 8.3.7.1. Germany Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.7.2. Germany Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.3.7.3. Germany Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.3.7.4. Germany Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.3.7.5. Germany Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.3.8. France
- 8.3.8.1. France Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.3.8.2. France Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.3.8.3. France Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.3.8.4. France Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.3.8.5. France Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.2. Asia Pacific Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.3. Asia Pacific Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.4. Asia Pacific Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.5. Asia Pacific Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4.6. China
- 8.4.6.1. China Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.6.2. China Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.6.3. China Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.6.4. China Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.6.5. China Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4.7. Japan
- 8.4.7.1. Japan Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.7.2. Japan Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.7.3. Japan Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.7.4. Japan Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.7.5. Japan Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4.8. India
- 8.4.8.1. India Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.8.2. India Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.8.3. India Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.8.4. India Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.8.5. India Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4.9. South Korea
- 8.4.9.1. South Korea Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.9.2. South Korea Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.9.3. South Korea Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.9.4. South Korea Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.9.5. South Korea Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.4.10. Australia
- 8.4.10.1. Australia Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.4.10.2. Australia Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.4.10.3. Australia Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.4.10.4. Australia Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.4.10.5. Australia Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.2. Latin America Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.5.3. Latin America Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.5.4. Latin America Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.5.5. Latin America Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.5.6. Brazil
- 8.5.6.1. Brazil Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.5.6.2. Brazil Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.5.6.3. Brazil Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.5.6.4. Brazil Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.5.6.5. Brazil Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.6. Middle East and Africa
- 8.6.1. Middle East & Africa Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.2. Middle East & Africa (MEA) Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.6.3. Middle East & Africa (MEA) Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.6.4. Middle East & Africa (MEA) Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.6.5. Middle East & Africa (MEA) Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.6.6. Kingdom of Saudi Arabia (KSA)
- 8.6.6.1. Kingdom of Saudi Arabia (KSA) Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.6.2. Kingdom of Saudi Arabia (KSA) Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.6.6.3. Kingdom of Saudi Arabia (KSA) Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.6.6.4. Kingdom of Saudi Arabia (KSA) Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.6.6.5. Kingdom of Saudi Arabia (KSA) Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.6.7. UAE
- 8.6.7.1. UAE Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.7.2. UAE Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.6.7.3. UAE Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.6.7.4. UAE Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.6.7.5. UAE Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
- 8.6.8. South Africa
- 8.6.8.1. South Africa Laser Printer Market Estimates and Forecasts, 2017 - 2030 (USD Million)
- 8.6.8.2. South Africa Laser Printer Market Estimates and Forecasts, by Printer Type, 2017 - 2030 (USD Million)
- 8.6.8.3. South Africa Laser Printer Market Estimates and Forecasts, by Connectivity, 2017 - 2030 (USD Million)
- 8.6.8.4. South Africa Laser Printer Market Estimates and Forecasts, by Output, 2017 - 2030 (USD Million)
- 8.6.8.5. South Africa Laser Printer Market Estimates and Forecasts, by End Use, 2017 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis by Key Market Participants
- 9.2. Company Categorization
- 9.3. Company Market Positioning
- 9.4. Company Market Share Analysis
- 9.5. Company Heat Map Analysis
- 9.6. Strategy Mapping
- 9.6.1. Expansion
- 9.6.2. Mergers & Acquisition
- 9.6.3. Partnerships & Collaborations
- 9.6.4. New Product Launches
- 9.6.5. Research And Development
- 9.7. Company Profiles
- 9.7.1. HP Development Company, L.P.
- 9.7.1.1. Participant's Overview
- 9.7.1.2. Financial Performance
- 9.7.1.3. Product Benchmarking
- 9.7.1.4. Recent Developments
- 9.7.2. Canon Inc.
- 9.7.2.1. Participant's Overview
- 9.7.2.2. Financial Performance
- 9.7.2.3. Product Benchmarking
- 9.7.2.4. Recent Developments
- 9.7.3. Xerox Corporation
- 9.7.3.1. Participant's Overview
- 9.7.3.2. Financial Performance
- 9.7.3.3. Product Benchmarking
- 9.7.3.4. Recent Developments
- 9.7.4. Ricoh
- 9.7.4.1. Participant's Overview
- 9.7.4.2. Financial Performance
- 9.7.4.3. Product Benchmarking
- 9.7.4.4. Recent Developments
- 9.7.5. Konica Minolta, Inc.
- 9.7.5.1. Participant's Overview
- 9.7.5.2. Financial Performance
- 9.7.5.3. Product Benchmarking
- 9.7.5.4. Recent Developments
- 9.7.6. Seiko Epson Corporation
- 9.7.6.1. Participant's Overview
- 9.7.6.2. Financial Performance
- 9.7.6.3. Product Benchmarking
- 9.7.6.4. Recent Developments
- 9.7.7. Brother Industries, Ltd.
- 9.7.7.1. Participant's Overview
- 9.7.7.2. Financial Performance
- 9.7.7.3. Product Benchmarking
- 9.7.7.4. Recent Developments
- 9.7.8. Ricoh
- 9.7.8.1. Participant's Overview
- 9.7.8.2. Financial Performance
- 9.7.8.3. Product Benchmarking
- 9.7.8.4. Recent Developments
- 9.7.9. Dell Inc.
- 9.7.9.1. Participant's Overview
- 9.7.9.2. Financial Performance
- 9.7.9.3. Product Benchmarking
- 9.7.9.4. Recent Developments
- 9.7.10. TOSHIBA CORPORATION
- 9.7.10.1. Participant's Overview
- 9.7.10.2. Financial Performance
- 9.7.10.3. Product Benchmarking
- 9.7.10.4. Recent Developments
- 9.7.11. Lenovo
- 9.7.11.1. Participant's Overview
- 9.7.11.2. Financial Performance
- 9.7.11.3. Product Benchmarking
- 9.7.11.4. Recent Developments
- 9.7.12. Pantum
- 9.7.12.1. Participant's Overview
- 9.7.12.2. Financial Performance
- 9.7.12.3. Product Benchmarking
- 9.7.12.4. Recent Developments