Laser Printing Drives Indian Printer Market

The overall Indian Hardcopy Peripherals (HCP) market declined 2.2% in the first quarter of 2016 (Q1 2016) with shipments of 795,451 units, due to weak demand from government and consumers.

According to IDC, the laser printer segment in the Indian market registered a remarkable continuous growth of 15.9% in Q1 2016, which can be regarded as the main driving force of HCP market in India. Meanwhile, inkjet HCP market witnessed a continuous decline of 13.7% in Q1 2016 due to low consumer demand and high inventory.

IDC also pointed out that printer-based Laser HCP market grew by 5% in shipments in Q1 2016, compared to Q4 2015. Likewise, the copier-based Laser HCP market witnessed continuous growth of 31.5 percent in Q1 2016.

Regarding the main OEMs, HP continued to lead the Indian market with 44.7% shipment share in Q1 2016, followed by Epson and Canon with 19.1% and 16.6% share respectively. Brother came in the fourth place and Samsung, fifth.

In the inkjet HCP market, Epson and Brother grew 6.2% and 12.4% respectively, while HP and Canon reported sequential decline.

In the laser segment, HP remained the market leader with 57.7% market share, followed by Canon and Samsung.

Despite the weak buying seen in the overall HCP market, IDC India Market Analyst Maninder Singh revealed that “the enterprise segment witnessed some growth and is expected to pick up pace in the coming quarters.”

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