Key Market Indicators
British printer imports are projected to plummet to approximately 4,200 items by 2028, a sharp decline from the current figure of around 710,600 items in 2023. This represents an average annual decrease of 62.4%. The downward trend in demand for printers in the UK has been evident since 2013, with a yearly reduction rate of 13.1%. In 2023, the UK ranked sixth in printer imports. Spain led the list with 710,620 items, followed by the Netherlands, Italy, and Belgium, occupying the second, third, and fourth positions, respectively. Contrastingly, British printer sales are forecasted to grow. By 2028, sales are expected to hit €165 million, up from €146 million in 2023. This reflects an average annual growth rate of 1.9%. Since 2012, the British printer market has experienced a steady increase, with a yearly growth rate of 2.2%.