India printer copier mkt falls marginally in Q2

India printer, copier mkt falls marginally in Q2

The uncertainties in the global economy led by the US and European budget crisis had some ripple effect on the Indian economy, and as a result printer equipment purchases were affected

Thursday, September 22, 2011

MUMBAI, INDIA: The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 666,859 units in the second quarter of 2011, a 0.8 per cent decline from the second quarter of 2010, according to Gartner, Inc.

The uncertainties in the global economy led by the US and European budget crisis had some ripple effect on the Indian economy. As a result, economic activities slowed down slightly, and printer equipment purchases as a discretionary spend were affected.

The unprecedented high inflation in the country also affected the consumer spending in print devices. “Overall, HP, Canon, Samsung, and Epson continued to be the top 4 vendors, accounting for 92 per cent of the total India printer market in the second quarter of 2011,” said Amrita Choudhury, research analyst, Gartner.

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HP maintained its leadership position in the India printer, copier and MFP market, accounting for 53.1 per cent of shipments, followed by Canon with 22.9 per cent, Samsung with 8.5 per cent and Epson with 7.7 per cent market share.

In the A4 MFP segment also, HP maintained its leadership with 58.3 per cent market share followed by Canon with 20.7 per cent. Samsung with 7.4 per cent and Epson with 5.3 per cent market share in the second quarter of 2011 were the other top vendors in the segment.

For the second quarter of 2011, in the A3 flatbed copier MFP segment, Canon led the market with 27.7 per cent, followed by Sharp with 15.3 per cent. Xerox and Toshiba commanded 13.7 and 13.4 per cent of the market share, respectively.

Ricoh which led the segment with 24.2 per cent market share in the first quarter of 2011 had only 11.8 per cent market share in the second quarter; but it showed a growth of 13.2 per cent year on year.

“Overall, the Indian print market is seeing a paradigm shift from a single function to a multifunction device. In page printer space the market declined by 12.8 per cent in the second quarter of 2011,” added Choudhury.

HP continued to dominate the segment with 46.1 per cent market share, recording 4.8 per cent growth in the second quarter of 2011, while Canon, with 33.3 per cent market share, showed declined 23.2 per cent. Samsung recorded a decline of 20.8 per cent but held 14.9 per cent market share in the Indian page printer market, she said.

©CIOL Bureau