Japan Printer Market Report and Forecast 2024-2032

Japan Printer Market Size

The Japan printer market is projected to grow at a CAGR of 4.9% between 2024 and 2032. The market is being driven by technological advancements and the rising demand for ink tank printers.

Japan Printer Market Outlook

• The commercial sector is expected to constitute a major portion of the market share.

• Multi-functional printers are expected to become increasingly popular over the forecast period.

• The increasing demand for wireless printers is expected to facilitate the market expansion.

Japan Printer Market Growth

The increasing demand for ink tank printers in developed countries such as the USA and Canada is prompting Japanese printer corporations like Epson to make massive investments towards increasing the production capacity for inkjet printheads. This is also fuelled by the demand for distributed printing solutions amid the growing prominence of work-from-home models.

The market is also fuelled by technological improvements in A3 monochrome printers, reducing their development period by about 30%. This can be attributed to the use of LED printing technologies in printer engines, which are much more efficient and lightweight as compared to other types of printers.

Increasing government support for technology development is driving innovations in the market. In 2022, Epson received an award at the National Commendation for Innovation for developing a printing technology that minimises image roughness and enhances the quality and speed of inkjet printing for residential, commercial, and industrial uses.

The increasing dimensions of printheads are minimising the need for refilling frequent ink replacements and enhancing the productivity of offices. The integration of weight sensors is enabling them to detect low ink levels earlier and reduce printer downtime. Such innovations are expected to drive the market growth over the forecast period.

Japan Printer Industry Segmentation

Japan Printer Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

• Standalone

• Multi-Functional

Market Breakup by Technology

• Dot Matrix Printer

• Inkjet Printer

• LED Printer

• Thermal Printer

• Laser Printer

Market Breakup by Printer Interface

• Wired

• Wireless

Market Breakup by Output Type

• Colour

• Monochrome

Market Breakup by End Use

• Residential

• Commercial

• Educational Institutions

• Government

• Others

Japan Printer Market Share

Based on type, the market is segmented into standalone and multifunctional printers. The latter accounts for a significant market share amid the growing demand for printers that can perform multiple functions like faxing, scanning, copying, and printing. The cost-effectiveness and low-maintenance requirements of multifunctional printers are further boosting their adoption in commercial and residential settings.

Leading Companies in the Japan Printer Market

The report provides a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers and acquisitions, investments, and capacity expansion.

• HP Inc.

• Canon Inc.

• Seiko Epson Corp.

• Toshiba Corp.

• Fujitsu Ltd.

• Panasonic Holdings Corp.

• Ricoh Company, Ltd.

• Konica Minolta Inc.

• FUJIFILM Holdings Corp.

• Brother Industries, Ltd.

• Others

The market participants are investing in research and development activities aimed at improving the reliability, print quality, and speed of printers, introducing innovative functionalities and features, and making the printing process more efficient and user-friendly.

Key Highlights of the Report