IDC: Worldwide Printer,MFP Shipment Values Increase in Third Quarter, Slight Decline in Shipments

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December 4, 2014 – Worldwide hardcopy peripherals (HCP) shipment value increased 3.5 percent year-over-year to $14.9 billion in the third quarter of 2014 (3Q14), while unit shipments declined -2.3 percent year-over-year to 27.5 million units during the same period, according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.

Note that IDC tracks A2-A4 devices in its Quarterly Hardcopy Peripherals Tracker. Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs with print, copy, scan, and/or fax), and single-function digital copiers.

Some notable developments in third-quarter 2014 include:

  • Western Europe, one of the biggest regions in terms of HCP shipments, enjoyed its sixth consecutive quarter of year-over-year growth. The main driver for growth in the region was color MFPs. Inkjet markets continued to show year-on-year increases, but demand in consumer inkjet markets weakened, while the growth patterns for business inkjets were again strong.
  • Two of the top five vendors (Epson and Samsung) enjoyed positive year-over-year growth. Most of Epson’s growth came from developing regions, while Samsung extended its gains into developed regions such as the United States and Western Europe.
  • Ricoh continued to gain momentum in the laser space, recording continuous year-over-year growth in unit shipments since the first quarter of 2010.

3Q 2014 top 5 vendors

IDC expects solutions, services, and workflows will be the main growth areas for the printing industry going forward. “Nevertheless, there’s still ample opportunity to make equipment sales within the traditional printing market, as well as in adjacent markets,” commented Phuong Hang, program director for IDC’s Worldwide Hardcopy Peripheral Trackers.

Key Hardcopy Market Transitions Taking Place in 3Q14

According to IDC, inkjet still makes up the majority of the market, but the best market growth is in laser. Color-laser shipments grew 4.6 percent in 3Q14 to nearly 2 million units.

Inkjet vs. Laser

Quarter

2013Q3

2014Q3

Product

Units

YoY Growth

Units

YoY Growth

Inkjet

16,807,491

-0.6%

16,286,683

-3.1%

Laser

10,086,612

5.6%

9,985,269

-1.0%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, December 2014.

Single function to Multifunction:  The single-function printer market declined -6.2 percent year-over-year in the third quarter, while MFP shipments had flat growth. However, MFPs had a strong performance in all color laser print-speed ranges, especially in the 31-44 ppm segment, growing 19.2 percent year-over-year.

Printer vs. MFP

2013Q3

2014Q3

Product CategoryProduct

Units

YoY Growth

Units

YoY Growth

MFPInkjet

14,593,130

2.8%

14,254,944

-2.3%

MFPLaser

5,015,724

12.0%

5,188,499

3.4%

MFP Total

19,608,854

5.0%

19,443,443

-0.8%

PrinterInkjet

2,214,361

-18.5%

2,031,739

-8.2%

PrinterLaser

5,057,444

0.2%

4,788,982

-5.3%

Printer Total

7,271,805

-6.3%

6,820,721

-6.2%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, December 2014.

Monochrome to Color:  Color increased 1 percent from a year ago to 19.3 percent share, versus its monochrome counterparts, which lost one point to account for 80.7 percent share in 3Q14. Color’s year-over-year growth was 4.6 percent while mono laser declined -2.2 percent. The strongest color speed segment was the 1-10 ppm segment (23.1 percent), where Samsung did particularly well with its SL-C460 model family.

Move to Faster Print-Speed Segments Accelerates:  The 45-69 ppm monochrome laser-MFP segment exhibited the strongest year-over-year growth in 3Q14 at 19.5 percent, followed by the 70-90 ppm segment (9.9 percent) and 31-44 ppm segment (9.1 percent). The 45-69 ppm segment’s strong growth was fueled by Xerox’s WorkCentre 3615DN. In the color market, the 31-44 ppm MFP segment did well at 19.2 percent year-over-year growth, followed by the 45-69 ppm at 13.6 percent, and the 70-90 ppm at 11.2 percent.

The A3/A4 battle in the mid-print-speed market segments continues. A4 MFP devices gained penetration in the 31-69-ppm monochrome segment with 77.7 percent share of the total monochrome A4/A3 MFP market in the same print-speed segment. The 16.8 percent year-over-year growth of the A4 31-69-ppm MFP monochrome laser segment was driven by strong year-over-year results in the both A4 31-44 ppm segment (12.2 percent growth), and the A4 45-69 ppm MFP segment (46.9 percent growth), with significant contributions from Kyocera Document Solutions (43.2 percent), Lexmark International (16.1 percent), and Hewlett-Packard (14.1 percent).

Mono Laser MFP 31-69 ppm

Quarter

2013Q3

2014Q3

Format

Units

YoY Growth

Units Share

Units

YoY Growth

Units Share

A3

151,091

3.8%

25.8%

145,051

-4.0%

22.3%

A4

433,701

45.0%

74.2%

506,349

16.8%

77.7%

TOTAL

584,792

31.5%

100.0%

651,400

11.4%

100.0%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, December 2014.

For more information about IDC’s Worldwide Quarterly Hardcopy Peripherals Tracker, contact Phuong Hang (phang@idc.com).

About IDC Trackers

IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets from more than 100 countries around the globe. Using proprietary tools and research processes, IDC’s Trackers are updated on a semiannual, quarterly, and monthly basis. Tracker results are delivered to clients in user-friendly excel deliverables and on-line query tools. The IDC Tracker Charts app allows users to view data charts from the most recent IDC Tracker products on their iPhone and iPad.

More Resources:

IDC: Worldwide Large-Format Printer Shipments Enjoy Fourth Consecutive Quarter of Growth; Epson Makes Gains

IDC: Worldwide Printer/MFP Market Declines for First Time in Three Quarters; Samsung Makes Gains

Worldwide Large-Format Printer Market Posts Third Consecutive Quarter of Growth

IDC: Worldwide Printer, MFP Market Records Growth for Three Consecutive Quarters

IDC: Worldwide Hardcopy Market Continues Gradual Recovery; HP and Brother Makes Gains

 

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