IDC: Printer/MFP Market Down in Second Quarter, but Epson Outperforms All Vendors for Second Quarter in a Row

globeAccording to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals (HCP) Tracker, the worldwide hardcopy peripherals market experienced a 5.9 percent decline in the second quarter of 2015 (2Q15), with total shipments falling to 24.1 million units, with the corresponding shipment value dipping by 3.4 percent to $13.2 billion over the same period.

[Note that in its Worldwide Quarterly Hardcopy Peripherals (HCP) Tracker, IDC tracks A2-A4 devices, and hardcopy peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC).]

Even with these declines, however, IDC notes that there was some good news during the quarter:

  • The United States and Canada had year-over-year growth of 3.6 percent and 5.8 percent respectively in response to the recovering economy.
  • High-end devices posted very healthy growth, with a double-digit increase in the 45 ppm+ speed segments.
  • Epson outperformed all other vendors for the second quarter in a row, with continuous success in the inkjet segment. Most of Epson’s growth came from the United States and Asia/Pacific (excluding Japan)(APeJ). Hewlett-Packard enjoyed 4.5 percent year-over-year growth in the United States, while Canon performed well in all the developed regions, with Western Europe delivering 12.2 percent year-over-year growth.

2nd quarter 2015 mfp and printer market

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

According to IDC, the key hardcopy-market transitions that took place in the second-quarter of  include:

  • Inkjet still makes up the majority of the market with 58.7 percent share.
  • The color-laser printer/MFP segment saw the smallest decrease, even though all segments posted a decline.

Inkjet versus Laser

Product

2Q14 Units

2Q14 YoY Growth

2Q15 Units

2Q15 YoY Growth

Inkjet

14,601,871

-3.2%

14,113,735

-3.3%

Laser

9,830,460

0.0%

8,810,189

-10.4%

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

  • Single function to multifunction (MFP): The total single-function printer market declined 12.6 percent year-over-year in the second quarter, and total MFP shipments decreased by 2.9 percent. However, MFPs had a strong performance in all color-laser speed ranges, especially in the 31-44 ppm segment, growing 12.6 percent year-over-year.

Printer versus MFP

Product Category

Product

2Q14 Units

2Q14 YoY Growth

2Q15 Units

2Q15 YoY Growth

MFP Inkjet

12,617,985

-1.8%

12,437,279

-1.4%

MFP Laser

5,096,234

5.3%

4,759,704

-6.6%

MFP Total

17,714,219

0.2%

17,196,983

-2.9%

Printer Inkjet

1,983,886

-11.7%

1,676,456

-15.5%

Printer Laser

4,725,713

-5.0%

4,043,736

-14.4%

Printer Total

6,709,599

-7.1%

5,720,192

-14.7%

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

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