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Global Multi-Functional Printer Market to reach USD 1.42 Billion by 2027.

Global Multi-Functional Printer Market Size study, by Product (Color Multi-function Printer and Monochrome Multi-function Printer) and Technology (LED Multi-Function printer, Laser Multi-function Printer, and Inkjet multi-function printer), and Regional Forecasts 2021-2027

Product Code: ECE_60887836
Publish Date: 24-03-2021
Page: 200

Global Multi-Functional Printer Market is valued approximately at USD 957.25 million in 2020 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2021-2027. Multi-functional printers have many benefits over a regular one and it gives many additional features. These are user friendly and have wireless technology to print from anywhere. These printers can be used in combined form for homes and offices, and they have large cloud document solutions as they enhance resources, integrated with other systems and security. MFP can do many functions at a time such as photocopying, printing, scanning, faxing and many others. These are the factors which are driving the growth of printers in commercial and personal use as well. Furthermore, rising online sale of these printers and advancement in technology will be anticipating the growth of market in forecasted period. For instance, in 2018 sales of MFPs has showed 49.4% rise in the six months, according to George Bulat, IDC Canada’s director of Data-Driven Products Inc. In last three months of 2018, there were 400,000 MFPs shipped by Canada. However, high cost of these devices and other material cost with ink and electricity use may impede market growth over the forecast period of 2021-2027.

Global Multi-Functional Printer market analysis on basis of region includes Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is a significant region across the world in terms of market share due to a rise in usage of MFPs at corporate offices, logistics facilities, and educational institutes in the region. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to presence of many key players such as Xerox in the region.
Major market player included in this report are:
Brother Industries, Ltd.
Canon Inc.
Hewlett Packard Enterprise Development LP
Seiko Epson Corporation
Xerox Corporation
Eastman Kodak Company
Konica Minolta Business Solutions U.S.A., Inc.
KYOCERA Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Color Multi-functional Printer
Monochrome Multi-functional Printer
By Technology:
LED Multi-function Printer
Laser Multi- function Printer
Inkjet Multi-function Printer
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Multi-Functional Printer Market Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Multi-Functional Printer Market, by Product, 2019-2027 (USD Billion)
1.2.2. Multi-Functional Printer Market, by Technology, 2019-2027 (USD Billion)
1.2.3. Multi-Functional Printer Market, By Region, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Multi-Functional Printer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Multi-Functional Printer Market Dynamics
3.1. Multi-Functional Printer Market Impact Analysis (2018-2027)
3.1.1. Market Drivers Increasing demand from cooperative offices and personal use Increasing sales of online multi-functional printers
3.1.2. Market Challenges High cost of multi-functional printers and its accessories
3.1.3. Market Opportunities Advancement in technology and use in healthcare
Chapter 4. Global Multi-Functional Printer Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economic
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Multi-Functional Printer Market, by Product
5.1. Market Snapshot
5.2. Global Multi-Functional Printer Market by Source, Performance – Potential Analysis
5.3. Global Multi-Functional Printer Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
5.4. Multi-Functional Printer Market, Sub Segment Analysis
5.4.1. Color Multi-functional Printer
5.4.2. Monochrome Multi-functional Printer
Chapter 6. Global Multi-Functional Printer Market, by Technology
6.1. Market Snapshot
6.2. Global Multi-Functional Printer Market by Source, Performance – Potential Analysis
6.3. Global Multi-Functional Printer Market Estimates & Forecasts by Technology 2018-2027 (USD Billion)
6.4. Multi-Functional Printer Market, Sub Segment Analysis
6.4.1. LED Multi-function Printer
6.4.2. Laser Multi- function Printer
6.4.3. Inkjet Multi-function Printer
Chapter 7. Global Multi-Functional Printer Market, Regional Analysis
7.1. Multi-Functional Printer Market, Regional Market Snapshot
7.2. North America Multi-Functional Printer Market
7.2.1. U.S. Multi-Functional Printer Market Product breakdown estimates & forecasts, 2018-2027 Technology breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Multi-Functional Printer Market
7.3. Europe Multi-Functional Printer Market Snapshot
7.3.1. U.K. Multi-Functional Printer Market
7.3.2. Germany Multi-Functional Printer Market
7.3.3. France Multi-Functional Printer Market
7.3.4. Spain Multi-Functional Printer Market
7.3.5. Italy Multi-Functional Printer Market
7.3.6. Rest of Europe Multi-Functional Printer Market
7.4. Asia-Pacific Multi-Functional Printer Market Snapshot
7.4.1. China Multi-Functional Printer Market
7.4.2. India Multi-Functional Printer Market
7.4.3. Japan Multi-Functional Printer Market
7.4.4. Australia Multi-Functional Printer Market
7.5. Latin America Multi-Functional Printer Market Snapshot
7.5.1. Brazil Multi-Functional Printer Market
7.5.2. Mexico Multi-Functional Printer Market
7.6. Rest of The World Multi-Functional Printer Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profile
8.2.1. Brother Industries, Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. Canon Inc.
8.2.3. Hewlett Packard Enterprise Development LP
8.2.4. Seiko Epson Corporation
8.2.5. Ricoh
8.2.6. Xerox Corporation
8.2.7. Eastman Kodak Company
8.2.8. Dell
8.2.9. Konica Minolta Business Solutions U.S.A., Inc.
8.2.10. KYOCERA Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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