Low ink: The increased use of computer technology will likely prompt wage declines across the industry
Digitalization has increasingly siphoned demand for office equipment away from wholesalers over the past five years. The COVID-19 pandemic accelerated the digitization of operations across various industries as many offices implemented remote or hybrid work policies. A strong recovery in corporate profit temporarily boosted sales for office equipment wholesalers, but the relief was short-lived. A larger trend away from physical office equipment has caused revenue to fall at a CAGR of 1.2% over the past five years, including a 3.3% decline in 2023, when revenue is expected to total to $46.5 billion.
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's key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- The Odp Corporation
- Canon Inc.
- Pitney Bowes Inc.
- Hp inc.
- Hewlett Packard Enterprise Co
- Ricoh Company Ltd.
- Seiko Epson Corp
- Fellowes Inc.
Methodology
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