How big is the Toner Market | Industry Trends & Forecast 2025

Code: MTA9416 Publication Date: Sep 2025

What is the size of Toner Market?

According to 6Wresearch internal database and industry insights, the Toner Market was valued at USD 5.568 Billion in 2024 and is expected to reach USD 8.453 Billion by 2031, growing at a CAGR of 6.2% during 2025-2031.

The primary catalysts for this expansion are the escalating need in the commercial sector for high-speed and high-quality printing, heightened environmental regulations encouraging greener toners, increasing usage in home offices and small offices, the need for colour and multifunction printing, and innovation in toner composition and efficiencies.

Growth Factors for Toner Industry

  • Increased interest in plant-based and natural ingredients as a component of toner formulations.
  • Demand is increasing due to remote working and home office printing.
  • Increased usage due to popularity among educational institutions and print-based businesses.
  • Increasing demand for printing, packaging, and labels is required from the expansion of e-commerce.
  • Innovations in low-dust, energy-efficient, high-yield toner cartridges.

Toner Market Trends

The trends in the Toner Market include Ready-to-Use compatible toner cartridges, subscription-based refill plans for cartridges, and environmentally sustainable packaging solutions. New trends show renewed interest in chemically-prepared toners as opposed to traditional toners. Other considerations include the cost per page, sacrificing toner life for a lower cost per page, and smart printers that track toner usage. Brands are spending more on digital marketing tactics and exploring partnerships with office supplies chains.

Emerging Developments in the Toner Market

The Toner Market developments include the advancement of toner formulations with bio-based resins and recycled materials combined with performance enhancements. Companies are also developing single-serve toner kits, micro-pack refill formats, and compact high-yield cartridges for convenience users. With online retail becoming a more prominent distribution channel and service-based models more accessible for business clients globally, manufacturers are exploring cross-market expansion and licensing.

List of Leading Companies in the Toner Market

Some of the leading companies include:

  • Canon Inc.
  • HP Inc.
  • Xerox Corporation
  • Epson Corporation
  • Brother Industries, Ltd.
  • Konica Minolta, Inc.
  • Sakura Color Products Corporation

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