Thursday, December 1 2022

Segmentation by product (In-Scope/Out-of-Scope)

  • Scope:
    • Monochrome printing toners:

The growth of the print toner market share in the monochrome print toner segment will be significant over the forecast period. Monochrome toner printers are widely used due to their cost effectiveness and ease of access compared to ink cartridges. Compared to color toners and inkjet cartridges, the cost of printing documents using monochrome toners is lower than the cost of printing bulk documents with color toners which is quite high.

The printing toner market is further segmented by Geography (APAC, North America, Europe, South Americaand MEA).

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Strong points-

  • Key Companies- AstroNova Inc., Canon Inc., HP Inc., IMEX Co. Ltd., Konica Minolta Inc., Lexmark International Inc., Panasonic Corp., Seiko Epson Corp., Toshiba Corp. and Xerox Holdings Corp., among others.
  • Major trend Deployment of multi-purpose printers is one of the critical printing toner market trends that is positively influencing the growth of the market.
  • Y-OY growth rate– 8.76% in 2021

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Product offers and news from some of the leading vendors-

  • AstroNova Inc. – The company offers printing toners such as ultra-white toner which allows colors (CMYK) to be printed and viewed accurately by the human eye.
  • Canon Inc. – The company offers printing toners such as imageCLASS Toner 056 Black, Standard and many others.
  • HP Inc. – The company offers printing toners such as HP 88X High Yield Black Original LaserJet Toner Cartridge and many more.

In addition, the print toner market is fragmented, and vendors deploy various organic and inorganic growth strategies to compete in the market.

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Printing Toner Market Challenge:

  • Adverse health effects of printing toners:
    • Long-term exposure and mishandling of print toners can have adverse health effects. Printing toners include light dust-like particles of ink and when inhaled these particles can cause various health problems such as respiratory problems, skin diseases, eye problems and the cancer. The main side effects associated with inhaling printing toners are respiratory problems such as lung irritation. In addition, photocopiers that use toner ink emit high levels of ozone through electrical discharges. Exposure to high level of ozone causes various health problems such as nausea, headache, dermatitis, throat infection, lung infection and eye irritation. Therefore, although cost-effective, the adverse health effects of printing toners are expected to hamper the usage of printers, which will act as a hindrance to the market growth over the forecast period.

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Printing Toner Market Scope

Report cover


Page number


Year of reference


Forecast period


Growth momentum and CAGR

Slowing down to a CAGR of 5.71%

Market Growth 2021-2025

$3.03 billion

Market structure


Annual growth (%)


Regional analysis

APAC, North America, Europe, South America and MEA

Successful market contribution

APAC at 42%

Main consumer countries

United States, China, India, Japan and Mexico

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AstroNova Inc., Canon Inc., HP Inc., IMEX Co. Ltd., Konica Minolta Inc., Lexmark International Inc., Panasonic Corp., Seiko Epson Corp., Toshiba Corp. and Xerox Holdings Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,

Customization overview

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.



Market landscape

  • Market ecosystem
  • Value chain analysis

Market sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market Outlook: Predictions for 2020 – 2025

Five forces analysis

  • The bargaining power of buyers
  • Bargaining power of suppliers
  • The threat of new entrants
  • The threat of substitutes
  • Threat of rivalry
  • Market state

Market segmentation by product

  • Market segments
  • Comparison by product
  • Monochrome Printing Toners – Market size and forecast 2020-2025
  • Color Printing Toners – Market size and forecast 2020-2025
  • Market opportunity by product

Customer landscape

Geographic landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC – Market size and forecast 2020-2025
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Main leading countries
  • Market Opportunity by Geography
  • Market factors
  • Market challenges
  • Market trends

Supplier Landscape

  • Insight
  • Supplier Landscape
  • Landscape disturbance

Vendor analysis

  • Suppliers Covered
  • Positioning on the supplier market
  • AstroNova Inc.
  • Canon Inc.
  • HP Inc.
  • IMEX Co.Ltd.
  • Konica Minolta Inc.
  • Lexmark International Inc.
  • Panasonic Corp.
  • Seiko Epson Corp.
  • Toshiba Corp.
  • Xerox Holdings Corp.


  • Report scope
  • Currency conversion rates for the US dollar
  • Research methodology
  • Abreviations list

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