Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Multifunction Fax Machines Market by Type (Laser Multifunction Fax Machines, Inkjet Multifunction Fax Machines), By Application (Household Use, Commercial Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Multifunction Fax Machines Market by Type (Laser Multifunction Fax Machines, Inkjet Multifunction Fax Machines), By Application (Household Use, Commercial Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 159769 3300 Machinery & Equipment 377 235 Pages 4.9 (40)

Market Overview:

The global multifunction fax machines market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for multifunctional devices and the growing trend of paperless office setups. Laser multifunction fax machines are expected to dominate the market during the forecast period, owing to their high speed and efficiency. In terms of applications, commercial use is expected to hold a larger share of the global multifunction fax machines market than household use during the forecast period. North America is estimated to be one of the leading markets for multifunctional fax machines in 2018, followed by Europe and Asia Pacific.

Global Multifunction Fax Machines Industry Outlook

Product Definition:

Multifunction fax machines are office devices that can print, scan and send faxes. They are often used in businesses to send and receive documents quickly. Multifunction fax machines can save time and money because employees don't have to use multiple devices to complete tasks.

Laser Multifunction Fax Machines:

Laser multifunction (LMF) fax machines are electronic devices capable of performing several conventional functions such as copy, print, scan and fax. These devices are equipped with a high-resolution imaging system that enables the user to capture images from any source and also offer a wide range of options for printing. The laser beam used in these products is much faster than the thermal paper based traditional systems; hence it offers better speed in document transmission.

Inkjet Multifunction Fax Machines:

Inkjet multifunction fax machines and it's usage in the multifunction fax machine market. The inkjet technology is used to print text and images on the receiving document by using liquid ink, which is sprayed through a tiny or large opening with high speed. This system works on the principle of capillary action & gravity, wherein liquid ink drops spread over paper as well as into envelopes at a very fast rate.

Application Insights:

The commercial use segment dominated the global multifunction fax machines market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to the increasing number of businesses and offices across various regions including North America, Europe, Asia Pacific and Middle East & Africa. In addition, growing adoption of e-fax services is also expected to have a positive impact on segment growth over the forecast period.

Household use accounted for a significant share in 2017 owing to increased usage of multifunctional printers at homes as well as work places by both individuals as well as corporate bodies. Growing demand for wireless connectivity coupled with rising printing needs at home and work places has been driving demand for these devices among consumers globally.

Regional Analysis:

Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing penetration of multifunctional devices in emerging economies, such as India and China. In addition, rising demand for laser printers and inkjet printers is anticipated to fuel regional product demand during the forecast period. Europe accounted for a significant share in 2017 owing to high adoption of multifunctional devices due to growing need for printing documents at home or office as well as at work place simultaneously with low cost per page along with advanced features such as wireless connectivity and easy installation. North America market was valued at USD X million in 2017 owing to high usage of MFPs by large enterprises due their large size along with requirement from various departments including accounting, finance, human resource etc.

Growth Factors:

  • Increasing demand for multifunction fax machines from small and medium businesses (SMBs) due to its low cost and easy-to-use features.
  • Proliferation of internet fax services that allow users to send and receive faxes online, which is driving the demand for multifunction fax machines.
  • Growing popularity of cloud-based document management systems, which is benefiting the growth of the multifunction fax machine market.
  • Rising number of mergers and acquisitions (M&As) in the office equipment sector, resulting in an increase in demand for multifunctional devices such as copiers and printers that include a built-in fax function. 5

Scope Of The Report

Report Attributes

Report Details

Report Title

Multifunction Fax Machines Market Research Report

By Type

Laser Multifunction Fax Machines, Inkjet Multifunction Fax Machines

By Application

Household Use, Commercial Use

By Companies

HP, Brother, Canon, Samsung, Epson, Xerox, Panasonic, Philips, Lexmark

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Multifunction Fax Machines Market Report Segments:

The global Multifunction Fax Machines market is segmented on the basis of:


Laser Multifunction Fax Machines, Inkjet Multifunction Fax Machines

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Household Use, Commercial Use

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. HP
  2. Brother
  3. Canon
  4. Samsung
  5. Epson
  6. Xerox
  7. Panasonic
  8. Philips
  9. Lexmark

Global Multifunction Fax Machines Market Overview

Highlights of The Multifunction Fax Machines Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Laser Multifunction Fax Machines
    2. Inkjet Multifunction Fax Machines
  1. By Application:

    1. Household Use
    2. Commercial Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Multifunction Fax Machines Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Multifunction Fax Machines Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Multifunction fax machines are devices that can send and receive faxes, as well as print documents. They may have features such as a scanner, copier, and printer.

Some of the major companies in the multifunction fax machines market are HP, Brother, Canon, Samsung, Epson, Xerox, Panasonic, Philips, Lexmark.

The multifunction fax machines market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Multifunction Fax Machines Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Multifunction Fax Machines Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Multifunction Fax Machines Market - Supply Chain
   4.5. Global Multifunction Fax Machines Market Forecast
      4.5.1. Multifunction Fax Machines Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Multifunction Fax Machines Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Multifunction Fax Machines Market Absolute $ Opportunity

5. Global Multifunction Fax Machines Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Multifunction Fax Machines Market Size and Volume Forecast by Type
      5.3.1. Laser Multifunction Fax Machines
      5.3.2. Inkjet Multifunction Fax Machines
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Multifunction Fax Machines Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Multifunction Fax Machines Market Size and Volume Forecast by Application
      6.3.1. Household Use
      6.3.2. Commercial Use
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Multifunction Fax Machines Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Multifunction Fax Machines Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Multifunction Fax Machines Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Multifunction Fax Machines Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Multifunction Fax Machines Demand Share Forecast, 2019-2026

9. North America Multifunction Fax Machines Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Multifunction Fax Machines Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Multifunction Fax Machines Market Size and Volume Forecast by Application
      9.4.1. Household Use
      9.4.2. Commercial Use
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Multifunction Fax Machines Market Size and Volume Forecast by Type
      9.7.1. Laser Multifunction Fax Machines
      9.7.2. Inkjet Multifunction Fax Machines
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Multifunction Fax Machines Demand Share Forecast, 2019-2026

10. Latin America Multifunction Fax Machines Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Multifunction Fax Machines Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Multifunction Fax Machines Market Size and Volume Forecast by Application
      10.4.1. Household Use
      10.4.2. Commercial Use
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Multifunction Fax Machines Market Size and Volume Forecast by Type
      10.7.1. Laser Multifunction Fax Machines
      10.7.2. Inkjet Multifunction Fax Machines
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Multifunction Fax Machines Demand Share Forecast, 2019-2026

11. Europe Multifunction Fax Machines Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Multifunction Fax Machines Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Multifunction Fax Machines Market Size and Volume Forecast by Application
      11.4.1. Household Use
      11.4.2. Commercial Use
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Multifunction Fax Machines Market Size and Volume Forecast by Type
      11.7.1. Laser Multifunction Fax Machines
      11.7.2. Inkjet Multifunction Fax Machines
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Multifunction Fax Machines Demand Share, 2019-2026

12. Asia Pacific Multifunction Fax Machines Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Multifunction Fax Machines Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Multifunction Fax Machines Market Size and Volume Forecast by Application
      12.4.1. Household Use
      12.4.2. Commercial Use
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Multifunction Fax Machines Market Size and Volume Forecast by Type
      12.7.1. Laser Multifunction Fax Machines
      12.7.2. Inkjet Multifunction Fax Machines
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Multifunction Fax Machines Demand Share, 2019-2026

13. Middle East & Africa Multifunction Fax Machines Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Multifunction Fax Machines Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Multifunction Fax Machines Market Size and Volume Forecast by Application
      13.4.1. Household Use
      13.4.2. Commercial Use
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Multifunction Fax Machines Market Size and Volume Forecast by Type
      13.7.1. Laser Multifunction Fax Machines
      13.7.2. Inkjet Multifunction Fax Machines
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Multifunction Fax Machines Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Multifunction Fax Machines Market: Market Share Analysis
   14.2. Multifunction Fax Machines Distributors and Customers
   14.3. Multifunction Fax Machines Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. HP Overview Financials Developments Strategic Outlook
      14.4.2. Brother Overview Financials Developments Strategic Outlook
      14.4.3. Canon Overview Financials Developments Strategic Outlook
      14.4.4. Samsung Overview Financials Developments Strategic Outlook
      14.4.5. Epson Overview Financials Developments Strategic Outlook
      14.4.6. Xerox Overview Financials Developments Strategic Outlook
      14.4.7. Panasonic Overview Financials Developments Strategic Outlook
      14.4.8. Philips Overview Financials Developments Strategic Outlook
      14.4.9. Lexmark Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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