India: Market for Printers, Copying Machines And Facsimile Machines 2025

Market Size for Printers, Copying Machines And Facsimile Machines in India

After two years of decline, the Indian printers and copying machines market increased by 43% to $X in 2021. In general, consumption, however, continues to indicate a pronounced setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Printers, Copying Machines And Facsimile Machines in India

In value terms, printers and copying machines production shrank to $X in 2021 estimated in export price. Overall, production, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 20% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from India

In 2021, shipments abroad of printers, copying machines and facsimile machines was finally on the rise to reach X units after two years of decline. In general, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printers and copying machines exports soared to $X in 2021. Over the period under review, exports posted a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X units) was the main destination for printers and copying machines exports from India, with a 31% share of total exports. Moreover, printers and copying machines exports to Italy exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. Japan (X units) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to Italy amounted to +30.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+24.1% per year) and Japan (+77.6% per year).

In value terms, the largest markets for printers and copying machines exported from India were Italy ($X), Singapore ($X) and the United Arab Emirates ($X), with a combined 49% share of total exports. These countries were followed by Japan, Bhutan, Nepal, Bangladesh, Indonesia, the Philippines, Hong Kong SAR and the United States, which together accounted for a further 17%.

Among the main countries of destination, the Philippines, with a CAGR of +79.5%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average printers and copying machines export price stood at $X per unit in 2021, declining by -2.3% against the previous year. In general, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2020 when the average export price increased by 39%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into India

In 2021, supplies from abroad of printers, copying machines and facsimile machines was finally on the rise to reach X units after two years of decline. In general, imports, however, saw a perceptible setback. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, printers and copying machines imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a noticeable contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest printers and copying machines supplier to India, accounting for a 46% share of total imports. Moreover, printers and copying machines imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), threefold. The third position in this ranking was held by Vietnam (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+11.8% per year) and Vietnam (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of printers, copying machines and facsimile machines to India, comprising 37% of total imports. The second position in the ranking was held by Singapore ($X), with a 17% share of total imports. It was followed by the Philippines, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -6.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+12.1% per year) and the Philippines (+14.2% per year).

Import Prices by Country

In 2021, the average printers and copying machines import price amounted to $X per unit, increasing by 7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 8.8% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Japan ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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