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Copier & Office Equipment Wholesaling in the US - Industry Market Research Report

Copier & Office Equipment Wholesaling in the US - Industry Market Research Report

  • May 2019
  • 37 pages
  • ID: 732652
  • Format: PDF
  • By Ibisworld

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Copy that: As software services continue to gain efficiency, the industry will suffer

Abstract

Copier & Office Equipment Wholesaling in the US
Over the five years to 2019, the Copier and Office Equipment Wholesaling industry has experienced stagnant product demand despite improving economic conditions. At the outset of the period, the industry experienced slow growth amid moderate increases in the number of businesses and aggregate private investment. This growth drove companies to expand and increase hiring, which further fueled industry growth. Improving economic conditions, such as increasing consumer spending and corporate profit, traditionally support purchases of office equipment. However, the percentage of services conducted online has grown at a significantly faster rate during the five-year period, and potential business has largely been diverted to online operators rather than industry wholesalers. Companies are also increasingly shifting toward paperless digital interfacing due to environmental and cost pressures, further impeding revenue growth. These trends are anticipated to continue over the five years to 2024, leading to declining industry revenue.

Industry operators wholesale a range of office equipment, such as calculators, dictating machines, mail machines and point-of-sale systems. The industry does not include wholesale office furniture, computers, computer software and peripheral equipment, stationery or other office supplies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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