IDC: Worldwide Printer, MFP Shipment Values Increase, Color Laser Makes Gains

globeFebruary 26, 2015 – Worldwide-hardcopy peripherals (HCP) shipment value increased 1.7 percent year-over-year to $15.2 billion in the fourth quarter of 2014 (4Q14), while unit shipments declined -2.6 percent year-over-year to 30.8 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 report. Hardcopy peripherals include single-function printers, MFPs, and single-function digital copiers (SF DC).

According to IDC, some notable accomplishments in the fourth quarter include:

  • Laser markets enjoyed positive year-over-year shipment growth in the fourth quarter and contributed to year-over-year growth of 0.8 percent for full-year 2014. Within the laser segment, there were many positive growth areas, with notable increases in color laser, but monochrome laser markets again contracted as the move to color products continues.
  • Asia/Pacific (excluding Japan) (APeJ), the largest region in terms of HCP shipments, outperformed all other regions by achieving a 1.7 percent year-over-year increase in 4Q14. The main drivers for growth in the region were the introduction of new models and channel expansions for a few major vendors. The APeJ region closed out 2014 with 1.8 percent year-over-year shipment growth.
  • Canon surpassed all other vendors in 4Q14, with most of its positive year-over-year shipment growth coming from mature markets, including the United States, Canada, Japan, and Western Europe. As with Canon, Hewlett-Packard also saw year-over-year increases in Canada and Western Europe.

idc 4th quarter 2014 market

“In 2015, color laser is expected to widen its lead over monochrome laser worldwide. This is largely due to continued strong growth of color laser MFPs. While both color and monochrome laser MFPs are expected to grow in shipments and value in 2015, color laser growth is expected to be exponentially higher for both metrics. This worldwide trend is due to activity in both Western Europe and Japan, where color laser has dominated laser value shipments for some time,” said Phuong Hang, program director for IDC’s Worldwide Hardcopy Peripheral Trackers.

Key Hardcopy Market Transitions Taking Place in 4Q14

Inkjet still makes up the majority of the market, but the best market growth is in laser. Color laser shipments grew 8.0 percent in 4Q14 to 2.0 million units.

Inkjet vs. Laser

QuarterQ3 2013Q4 2014
ProductUnitsYear-Over-Year
Growth
UnitsYear-Over-Year
Growth
Inkjet19,678,219-2.1%18,913,002-3.9%
Laser10,670,2696.1%10,691,7490.2%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, February 2015.

Single-function to MFP:  The single function printer market declined -4.5 percent year-over-year in the fourth quarter, and MFP shipments decreased -1.7 percent. However, MFPs had a strong performance in all color laser speed ranges, especially in 31-44 ppm, growing 24.4 percent year-over-year.

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