Dublin, Feb. 27, 2025 (GLOBE NEWSWIRE) — The “Office Peripherals and Products – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Office Peripherals and Products was valued at US$50.8 Billion in 2024 and is projected to reach US$73.7 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AccuBANKER USA, American Shredder, Inc., Ameri-Shred, Aurora Corp. of America, Billcon Corp. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
What Factors are Driving the Growth in the Office Peripherals and Products Market?
The growth in the Office Peripherals and Products market is driven by several factors, including the shift towards hybrid and remote work models, which has increased demand for versatile and cloud-enabled office devices. The growing reliance on digital communication and document management has fueled the adoption of multifunction devices that offer printing, scanning, and copying in a single unit.
Technological advancements, such as wireless connectivity, mobile printing, and secure cloud integration, have further enhanced the functionality and appeal of office peripherals. The rise of co-working spaces, small offices, and remote work setups has also contributed to increased demand for compact and cost-effective office products. Additionally, the need for secure document handling in government, finance, and healthcare sectors has driven investments in high-performance scanners and shredders, supporting market growth.
Report Scope
The report analyzes the Office Peripherals and Products market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Type (Printers, Scanners & Photocopiers, Counterfeit Detectors, Safes, Deposit Boxes & Cash Handlers, Coin Sorters, Bill Counters, Other Types).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Printers, Scanners & Photocopiers segment, which is expected to reach US$44.7 Billion by 2030 with a CAGR of a 6%. The Counterfeit Detectors segment is also set to grow at 8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $13.2 Billion in 2024, and China, forecasted to grow at an impressive 9.6% CAGR to reach $17.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Office Peripherals and Products Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Office Peripherals and Products Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Office Peripherals and Products Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 36 major companies featured in this Office Peripherals and Products market report include:
- AccuBANKER USA
- American Shredder, Inc.
- Ameri-Shred
- Aurora Corp. of America
- Billcon Corp.
- Brother International Corporation
- Canon, Inc.
- Dahle North America, Inc.
- Epson America, Inc.
- Global Safe Corporation
- Godrej & Boyce Manufacturing Company Limited
- HP Development Company, L.P.
- INKAS Safe Manufacturing
- International Empire Traders
- Konica Minolta Business Solutions U.S.A., Inc.
- Mycica
- Ozone Group
- Ricoh Company Ltd.
- Royal Sovereign
- Sharp Corporation
- Staples, Inc.
- Xerox Corporation
- Yale (ASSA ABLOY)
- ZY Tech Co. Ltd.
Key Attributes
Report Attribute | Details |
No. of Pages | 92 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $50.8 Billion |
Forecasted Market Value (USD) by 2030 | $73.7 Billion |
Compound Annual Growth Rate | 6.4% |
Regions Covered | Global |
MARKET OVERVIEW
- Global Economic Update
- Office Peripherals and Products – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Remote Working and Home Offices Spurs Growth in Office Peripherals and Products Market
- Technological Advancements in Printers, Scanners, and Monitors Strengthen Business Case for Adoption
- Expansion of Office Peripherals in Corporate Offices, Co-Working Spaces, and Educational Institutions Fuels Market Growth
- Increasing Adoption of Multifunctional Devices in Small and Medium Enterprises (SMEs) Expands Market Opportunities
- Technological Innovations in Wireless, Cloud-Enabled, and Smart Devices Propel Market Expansion
- Growing Use of Office Peripherals in Document Management, Data Archiving, and Communication Expands Market Potential
- Technological Advancements in AI-Powered Voice Assistants, Conferencing Devices, and Digital Whiteboards Propel Market Growth
- Rising Demand for Office Peripherals in Health, Government, and Financial Sectors Strengthens Global Market
- Expansion of Office Peripherals in Sustainable Packaging, Recyclable Materials, and Green Initiatives Expands Market Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/6ybrs4
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- Office Peripherals and Products Market