Forecast: Sold Production of Printers, Copying Machines and Facsimile Machines in the UK

The market for printers, copying machines, and facsimile machines in the UK has experienced significant fluctuations over the past decade. From 2013 to 2016, the market exhibited varied growth with a notable dip in 2016 (-21.9%), followed by a substantial rebound in 2017 (+62.22%). The subsequent years till 2023 showed relatively stable growth with minor fluctuations, achieving a value of 145.83 million Euros in 2023. The year-on-year increases in 2021 (+10.41%) and 2023 (+2.57%) indicated a recovery phase, as reflected in the compound annual growth rate (CAGR) improvement to 2.2% over the last five years.

Looking ahead to 2028, forecasts predict a moderate growth trajectory with a 5-year CAGR of 1.93%, leading to a total market value of 165.11 million Euros. This future trend suggests a steady, albeit slow, expansion in the market.

Future trends to watch for include advancements in technology driving innovation in printing solutions, a potential shift towards eco-friendly and cost-efficient devices, and the ongoing transition to digital documentation which may impact demand for traditional printing and copying machines.