HP emerges as leader in Indian MFP and printer market

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.

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.