Asia/Pacific Printer Market Registers Solid Results

Although worldwide hardcopy peripherals (HCP) market continued to shrink in shipments in the third quarter of 2016 (3Q2016), Asia/Pacific printer market (excluding Japan) marked a 4.4% year-over-year (YOY) growth.

According to International Data Corporation (IDC), the global HCP market declined 3.0% to 25 million units in 3Q2016. Business inkjet shipments decreased to about 2.4 million units, dropping 7.1% YOY in 3Q2016. Inkjet MFPs accounted for 90% of these shipments. The contractual segment was driven by the managed print services (MPS) trend, up 6.1% YOY in the quarter.

Despite the continuous decline for the past five quarters, laser device markets in Western Europe finally registered a 1.9% YOY growth. Laser revenue increased more than volume in the region. IDC observed that the revenue growth was driven by steady prices in many Western European markets, following a 1.2% increase in average selling prices (ASPs) for the laser market in 3Q2016.

Regarding the top 5 vendors, IDC pointed out that Epson performed strongly in Asia/Pacific (excluding Japan), Western Europe, and the U.S. The performance made Epson the only vendor among the top 5 with a positive YOY unit growth, up 12.2% in 3Q2016. Meanwhile, HP maintained its leading position, capturing 37.9% market share in the quarter. Canon ranked the second among the top 5 with a 19.6% market share. Brother caught the fourth place by capturing 7.1% market share. Samsung, which sold its printer business this year, ranked the fifth by capturing 3.3% market share.

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