India Printer, Copier, MFP Market Falls in 2Q2011
MUMBAI, India – The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 666,859 units in the second quarter of 2011, a 0.8 percent decline from the second quarter of 2010, according to Gartner, Inc.
The uncertainties in the global economy led by the U.S. and European budget crisis had some ripple effect on the Indian economy. As a result, economic activities slowed down slightly, and printer equipment purchases as a discretionary spend were affected. The unprecedented high inflation in the country also affected the consumer spending in print devices.
“Overall, HP, Canon, Samsung, and Epson continued to be the top 4 vendors, accounting for 92 percent of the total India printer market in the second quarter of 2011,” said Amrita Choudhury, research analyst, Gartner.
HP maintained its leadership position in the India printer, copier and MFP market, accounting for 53.1 percent of shipments, followed by Canon with 22.9 percent, Samsung with 8.5 percent and Epson with 7.7 percent market share.
In the A4 MFP segment also, HP maintained its leadership with 58.3 percent market share followed by Canon with 20.7 percent. Samsung with 7.4 percent and Epson with 5.3 percent market share in the second quarter of 2011 were the other top vendors in the segment.
For the second quarter of 2011, in the A3 flatbed copier MFP segment, Canon led the market with 27.7 percent, followed by Sharp with 15.3 percent. Xerox and Toshiba commanded 13.7 and 13.4 percent of the market share, respectively. Ricoh which led the segment with 24.2 percent market share in the first quarter of 2011 had only 11.8 percent market share in the second quarter; but it showed a growth of 13.2 percent year on year.
“Overall, the Indian print market is seeing a paradigm shift from a single function to a multifunction device. In page printer space the market declined by 12.8 percent in the second quarter of 2011. HP continued to dominate the segment with 46.1 percent market share, recording 4.8 percent growth in the second quarter of 2011, while Canon, with 33.3 percent market share, showed declined 23.2 percent. Samsung recorded a decline of 20.8 percent but held 14.9 percent market share in the Indian page printer market,“ said Ms. Choudhury.
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