has announced the release of the report “Global Office Peripherals and Products Industry”. In the changed post COVID-19 business landscape, the global market for Office Peripherals and Products estimated at US$40.8 Billion in the year 2022, is projected to reach a revised size of US$73.7 Billion by 2030, growing at a CAGR of 7.7% over the period 2022-2030. Printers, Scanners & Photocopiers, one of the segments analyzed in the report, is projected to record 7.1% CAGR and reach US$44.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Counterfeit Detectors segment is readjusted to a revised 9.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $11.1 Billion, While China is Forecast to Grow at 12.1% CAGR
The Office Peripherals and Products market in the U.S. is estimated at US$11.1 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$17.1 Billion by the year 2030 trailing a CAGR of 12.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

To read more and download a copy of the report, visit the website.

Source: Yahoo Finance