DUBLIN–(BUSINESS WIRE)–The “Office Peripherals and Products: Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
Global Office Peripherals and Products Market to Reach $59 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Office Peripherals and Products estimated at US$37.6 Billion in the year 2020, is projected to reach a revised size of US$59 Billion by 2027, growing at a CAGR of 6.6% over the analysis period 2020-2027.
Printers, Scanners & Photocopiers, one of the segments analyzed in the report, is projected to record a 6.2% CAGR and reach US$36.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Counterfeit Detectors segment is readjusted to a revised 8.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.3 Billion, While China is Forecast to Grow at 10.1% CAGR
The Office Peripherals and Products market in the U.S. is estimated at US$10.3 Billion in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$12.4 Billion by the year 2027 trailing a CAGR of 10.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR. Led by countries such as Australia,…
