Global Copier Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

Global Copier Market Growth

Top 1000 retailers in the ‘Office Supplies’ category reached USD 7.89 billion in sales in 2022. That’s 1.0% growth from USD 7.83 billion the prior year. As per the US Department of Commerce, online retailers accounted for around 82.8% of overall office equipment sales in 2023, which grew from 78.4% in 2022. As per the copier market analysis, the growing appeal for online platforms is expected to positively impact the market dynamics over the forecast period.

Moreover, the age-wise segmentation of office equipment buyers suggests that consumers aged 25-34 years accounted for 25.1% of overall sales in 2022, followed by those aged 35-44 years (21.8%), and consumers aged above 55 years. Due to the increasing participation of young individuals in the workforce, consumers aged 18-24 years accounted for nearly 15.9% of overall sales in 2022. These factors are influencing copier market trends.

Sustainability has emerged as another vital market driver, with copier companies developing eco-friendly solutions for reducing their environmental impact. Energy-efficient copiers that minimise power consumption, save paper, and use recycled materials are gaining increasing market traction. By adapting to evolving consumer preferences, businesses can minimise their operational costs and carbon footprint, thereby increasing their copier market share. Additionally, modern copiers supporting mobile printing using wireless connections have improved flexibility and convenience of accessing and sharing business documents. This has particularly increased their adoption among on-the-go workers, thereby driving market growth.

Key Trends and Developments

Global Copier Market Trends

Canon Inc.’s MAXIFY printers are an ideal solution for remote workers to upgrade their work-from-home setup. These printers are capable of printing 18 images in black and white and 13 images in colour per minute. These printers are equipped with 250-sheet front-loading cassette and a 100-sheet rear tray and can produce around 14,000 sheets in colour and 6,000 sheets in black ink. These features showcases that the introduction of powerful multifunctional printers is expected to facilitate the copier market growth. They can also produce posters and are expected to witness widespread adoption in corporate organisations and advertising houses over the forecast period.

Global Copier Industry Segmentation

Global Copier Market Share

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2024-32, the Asia Pacific is expected to grow at a CAGR of 5.5% due to the increasing demand for office equipment supplies in developing countries. Moreover, the demand for copiers is expected to grow at a CAGR of 6.3% in India, aided by the shift towards remote work culture across numerous organisations.

Leading Companies in the Global Copier Market

Major players are reducing their input usage requirements to produce MFPs (multifunctional products) and copiers, which is favouring the copier market outlook.

Xerox Holdings Corporation

Xerox Holdings Corporation was founded in 1906 and is headquartered in Connecticut, United States. It specialises in providing digital printing and office workflow solutions, among other business services.

KYOCERA Corporation

KYOCERA Corporation was founded in April 1959 and is headquartered in Kyoto, Japan. It is engaged in manufactu...

Seiko Epson Corporation

Seiko Epson Corporation was founded in May 1942 and is headquartered in Nagano, Japan. It produces printers fo...

Canon Inc.

Canon Inc. was founded in 1937 and is headquartered in Tokyo, Japan. It is engaged in manufacturing consumer a...

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other players included in the copier market report are Ricoh Company, Ltd., HP Inc., Lexmark International, Inc., Samsung Electronics Co., Ltd., Dell Technologies Inc., and Konica Minolta, Inc., among others.