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U.S. - Multitask Printers, Copymachines And Facsimile Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingU.S. Imports of Multitask Printer Drop to $3.2 Billion in 2023
U.S. Multitask Printer Imports
In 2023, imports of multitask printers, copymachines and facsimile machines into the United States declined sharply to 15M units, with a decrease of -25.4% on the previous year's figure. Over the period under review, imports saw a pronounced reduction. The pace of growth was the most pronounced in 2022 when imports increased by 12%. Imports peaked at 26M units in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, multitask printer imports reduced to $3.2B (IndexBox estimates) in 2023. In general, imports continue to indicate a pronounced contraction. The pace of growth was the most pronounced in 2022 with an increase of 29%. Over the period under review, imports attained the maximum at $5B in 2015; however, from 2016 to 2023, imports remained at a lower figure.
COUNTRY | Import Value of Multitask Printer in U.S. (million USD) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
Thailand | 224 | 472 | 853 | 798 | 808 | 794 | 798 | 691 | 710 | 847 | 880 |
Vietnam | 225 | 247 | 304 | 399 | 560 | 549 | 464 | 379 | 326 | 687 | 615 |
China | 3,627 | 3,267 | 2,898 | 2,522 | 2,341 | 2,360 | 1,881 | 750 | 708 | 786 | 584 |
Malaysia | 136 | 151 | 131 | 129 | 112 | 138 | 161 | 162 | 167 | 209 | 279 |
Mexico | 53.1 | 131 | 203 | 182 | 83.1 | 80.7 | 130 | 146 | 171 | 221 | 276 |
Japan | 215 | 209 | 230 | 228 | 285 | 249 | 332 | 287 | 240 | 306 | 241 |
Philippines | 34.5 | 24.2 | 77.3 | 92.9 | 139 | 197 | 183 | 145 | 201 | 245 | 190 |
Others | 266 | 273 | 266 | 216 | 232 | 170 | 122 | 133 | 194 | 211 | 169 |
Total | 4,782 | 4,774 | 4,962 | 4,567 | 4,560 | 4,538 | 4,071 | 2,693 | 2,717 | 3,512 | 3,235 |
Imports by Country
Thailand (4.3M units), China (3.8M units) and Vietnam (3.4M units) were the main suppliers of multitask printer imports to the United States, with a combined 78% share of total imports. the Philippines, Mexico, Malaysia and Japan lagged somewhat behind, together comprising a further 15%.
From 2013 to 2023, the biggest increases were recorded for Mexico (with a CAGR of +21.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest multitask printer suppliers to the United States were Thailand ($880M), Vietnam ($615M) and China ($584M), with a combined 64% share of total imports. Malaysia, Mexico, Japan and the Philippines lagged somewhat behind, together comprising a further 30%.
In terms of the main suppliers, the Philippines, with a CAGR of +18.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the multitask printer price stood at $219 per unit (CIF, US), with an increase of 23% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($939 per unit), while the price for the Philippines ($109 per unit) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the multitask printer market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26201800 - Machines which perform two or more of the functions of printing, copying or facsimile transmission, capable of connecting to an automatic data processing machine or to a network
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023