Philippines Printer Market Report and Forecast 2024-2032

Philippines Printer Market Size

The Philippines printer market is projected to grow at a CAGR of 3.7% between 2024 and 2032.

Philippines Printer Market Outlook

• In 2018, 28,968 establishments were in manufacturing, of which 8.9% were printing and service activities related to printing.

• To boost their communications services, the Philippine Information Agency in April 2024 reported the use of Sakurai Oliver 226SI/SIP printer.

• The 2022 Philippine Statistics Authority's List of Establishments reported 1,109,684 businesses, with 99.59% being MSMEs and 0.41% large enterprises.

Philippines Printer Market Growth

Growth in the Philippines printer market is led by wireless printers which provide flexibility and convenience to the users for personal or business usage.

Printers predominantly utilize wired interfaces such as Ethernet connections and USB. These wired connections are reliable and stable which makes them suitable for high-volume printing environments. Wired connections therefore allow printers for faster data transfer rates as well as minimal interference rates, which enhances overall printing capacity.

The growth of the domestic printer market is closely tied to the increasing share of manufacturing attributed to printing and related services within the manufacturing sector. In 2021, Nitto Printing and Glee Printing the printer offering company of Philippines acquired a Zünd G3 Cutter for higher-frequency short runs, customisation, and personalisation in an effort to create a potent combination of web to print, digital printing, and digital cutting. The investment activities are further supporting the streamlining of printing for the Philippines market.

The increasing adoption of mobile devices has led to the prominence of wireless printer interfaces. Users can print PDFs or images from their smartphones or laptops without using any physical cables through Wi-Fi or Bluetooth connectivity. This flexibility and convenience are appealing to home users, small businesses, and remote workers.

Philippines Printer Market Segmentation

Philippines 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

Philippines Printer Market Share

Growth in the printer market is led by colour printers since they can produce documents and images in full colour and are often preferred for tasks such as printing photos, presentations, marketing materials, and colourful documents. These printers use multiple ink and toner cartridges to create a range of colours.

Leading Companies in the Philippines Printer Market

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

Key Highlights of the Report