IDC: Global Production-Printing Market Achieves Double-Digit Growth in First-Quarter 2014
The worldwide production-print market enjoyed double-digit, year-over-year growth in terms of both unit shipment and shipment value during first-quarter 2014 (1Q14). Unit shipments grew 32.1 percent to approximately 9,300 units (printers and MFPs), and shipment value increased 14.4 percent to more than $1.1 billion during the quarter, according to the International Data Corporation (IDC) Worldwide Quarterly Production Printer Tracker.
As seen in the table below, the Xerox Group (Xerox and Fuji Xerox) had the greatest market share in 1Q14, 46.6 percent, followed by Hewlett-Packard at 13.9 percent. Of note was that Ricoh enjoyed the greatest growth, 131.4 percent, in shipment value for first-quarter 2013 versus first-quarter 2014.
On a geographic basis, all of IDC’s regional markets experienced positive year-over-year unit growth in 1Q14. Key contributors to the production-print market’s overall growth were Western Europe, where shipments grew 43.6 percent year-over-year, Asia/Pacific (excluding Japan) (29.7 percent), and the United States (18 percent). Similarly, all of the production-print market segments recorded year-over-year gains in 1Q14, including the Mid-Production segment, where shipments were up 37.6 percent year-over-year. The Production segment grew 10.9 percent in the quarter, and the Label & Packaging segment gained 28.4 percent year-over-year.
“The worldwide production market is on an upswing, as devices targeted at different segments of the market are finding good traction. The Mid-Production space is performing well in both color and monochrome, while Production devices, both toner and inkjet, are selling well as they continue along the offset transfer path and create brand new applications within digital. 2014 is shaping up to be an exciting year, falling in the mid-drupa cycle, and we expect to see lots of new technology introductions come to market that will drive investment,” said Amy Machado, senior research analyst for IDC’s Hardcopy Peripheral Solutions group.
Worldwide Production Printer Market, Shipment Value, Market Share, and Year-Over-Year Growth Q1 2014
1Q14 Shipment Value ($M)
1Q14 Market Share
1Q13 Shipment Value ($M)
1Q13 Market Share
|1. Xerox Group1|
|3. Ricoh Group2|
|4. Canon Group3|
|5. Konica Minolta Group4|
Source: IDC Worldwide Quarterly Production Printer Tracker, June 2014
1 Xerox Group: Xerox, Fuji Xerox
2 Ricoh Group: Gestetner (NRG), Lanier, Nashua, Nashuatec, Rex Rotary, Ricoh, Ricoh Industry
3 Canon Group: Canon, Showa Jyoho
4 Konica Minolta Group: Develop, ITEC, Konica Minolta, Sindoh
(Totals include Mid Production, Production (full production) and Label & Packaging segments.)
For more information about IDC’s Worldwide Quarterly Hardcopy Peripherals Tracker, contact Phuong Hang at firstname.lastname@example.org.
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