The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totalled 681,584 units in the second quarter of 2013, a 4.7 percent decrease from the second quarter of 2012, according to Gartner, Inc. Total end user spending in the second quarter totalled $235.4 million, a 13 percent decline from the same period last year.
The monochrome market posted a decline of 1.5 percent, and the colour market remained flat.
“Vendors continued to introduce new products in the country in order to meet the changing needs of different customer segments,” said Zalak Shah, research analyst at Gartner. “With the IT marketplace transforming, print providers are looking at offering integrated solutions and trying to expand to Tier II and Tier III cities of India.”
HP remained the market leader in the Indian printer; copier and MFP market, as its market share totalled 52 percent, followed by Canon with 24 percent share. Epson accounted for 9 percent, while Samsung Electronics accounted for 8 percent of the market in the second quarter of 2013.
The Page A4 MFP segment continued to grow in the second quarter of 2013 and posted an increase of 12 percent compared to the second quarter of 2012. HP continued to perform well in this segment, with a growth rate of 37.4 percent and a market share of 59 percent. Samsung, again at No.2, dropped slightly with its market share at 20.3 percent, Canon’s shipments declined a little, and it accounted for 12.1 percent of the market.
The Page A3 MFP segment showed an increase of 14.7 percent compared to the second quarter of 2012. Canon again led the market with 27.9 percent market share; while Konica Minolta was No. 2 with 17.2 percent market share. Canon continued to perform well in the low and mid speed monochrome device market for this segment. Konica Minolta’s performance remained stable as compared to the second quarter of 2012.
The page printer market overall experienced a decline of 16.6 percent in the second quarter of 2013. The market leaders in this segment remain the same with HP at 51 percent market share, followed by Canon at 32 percent market share, and Samsung with 9 percent market share. HP, Canon and Samsung showed a decline of 13 percent, 22.8 percent and 26 percent. Colour page printers in the 11-20 ppm segment and monochrome page printers in the 41-69 ppm segment did well in the printer market compared to the second quarter of 2012.
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Updated Date: Feb 03, 2017 00:15:52 IST