IDC Reports LFP Sales Slipped in CEMA Region

IDC’s recent research reveals that there was a slight decline in the large format peripherals (LFPs) market in Central and Eastern Europe, the Middle East, and Africa (CEMA). Shipment volumes slipped -0.91% to 37,184 units valued at over $333 million.

IDC expects the overall CEMA LFP market to grow by around 4% in 2013, driven by increased demand for technical printing in the construction sector, while the graphics printing market is expected to remain flat.

David Mühlbach, a Research Analyst at IDC says, “Only innovative technologies with new application options and cost-effective devices can succeed in the current market environment. Although shipments have been slowing over the past year, a recovery is expected in the near future.”

Despite the overall decline, LFPs dedicated to technical printing like architectural, engineering, and construction (AEC) increased by around 6% in the region. The growth was driven by construction demand from the public and private sectors. Graphics printing devices declined in both volume and value, due to lower demand from the advertising sector, prolonged replacement cycles and high LFP prices.

In 2012, aqueous ink devices accounted for more than 80% of the LFP market volume in the CEMA region. They will retain their dominance in the coming years. However, advanced ink type devices are expected to increase their market share.

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