IDC: Printer Supply Shortage will Last the Whole Year
“No signs of recovery or improvement in printer supply can be seen within the short term,” said Shirley Ba, senior research manager from IDC China.
Despite that, inkjet and laser printer shipments in most regions, except Asia Pacific (excluding China and Japan), have been bounced back to or exceeded the level in the second quarter of 2019 (Q2, 2019).
Ba shared her insights through a video hookup with industry participants at the RT Summit held on September 17, 2021.
According to Ba, the main reasons include:
- the COVID-19 situation in Southeast Asia, which brought great challenges to OEM printer production within the region
- the strict epidemic prevention policy implemented by some countries also made delivery more difficult.
- chip shortage is predicted to continue the whole year this year.
In China, the overall domestic printer market scale shrank in Q2 when compared with the same period from last year, due to sliding demands and supply shortage. In particular, inkjet printers reduced 0.1% year-over-year, while laser printers (excluding A3 MFPs) dropped 22.2% year-over-year.
Inktank printer market continues to grow in China, while the continuous ink supply system became a focus. Looking at installation, inkjet printers are predicted to grow 6.5% year-over-year in 2021, while ink tank printers are predicted to grow 21.9% year-over-year in 2021.
“Color laser printer also has become the focus for both OEMs and the aftermarket manufacturers, while black & white laser printer is still dominant in the aftermarket,” Shirley introduced. Looking at installation, color laser printer is expected to grow 10.4% year-over-year in 2021, while black & white laser printer is expected to grow 8.0% year-over-year in 2021.
Due to the impact brought on by digitalization, IDC predicts that total page volumes will decline 5% in 2023. Shirley pointed out that inkjet printer installation in China will drop 4.8% year-over-year in 2025, while laser printer (excluding A3 MFPs) installation will decline 5.1% year-over-year.
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