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HP emerges as leader in Indian MFP and printer market

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Harmeet
New Update

INDIA: The Indian MFP (Multi-Functional Printer), Copier, Dot-Matrix and Serial Inkjet Printer market registered a Total Unit Shipments of 0.82 million units in CY Q4 2013, representing a decline of 6 percent over the previous quarter.

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HP emerged as the market leader in MFP and Printer market whereas, Ricoh captured lion's share in the copier segment.

In CY Q4 2013, MFP segment registered an increase of 4 percent in terms of unit shipments, whereas Printers exhibited a substantial decrease of 16 percent as compared to the previous quarter which can be well explained by the increased usage of MFP by the Indian consumers.

Highlights (CY Q4 2013)
* In MFP segment, top three player's captured 92 percent market share.
* In Printer and MFP segment, 600 x 600 print resolution lead with around 28 percent market share.
* Touchscreen enabled copiers registered 29 percent share of the total copiers market.