India Printer Copier And MFP Shipments Up 5.4% In 4Q12: Gartner

The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totaled 676,263 units in the fourth quarter of 2012, a 5.4 percent increase from the fourth quarter of 2011, according to Gartner, Inc. Total end user spending grew by 27 percent from the same period totaling USD $219.8 million.

“In the fourth quarter of 2012, vendors focused on strengthening their channel partners and engaged them in more channel programs initiatives, and most vendors worked closely with the education and public sector units to win deals in both products and services,” said Amrita Choudhury, Research Analyst at Gartner.

HP remained the market leader in the Indian printer; copier and MFP market, as its market share totaled 54 percent, followed by Canon with 21 percent share. Samsung accounted for 8 percent, while Epson accounted for 6 percent of the market in the fourth quarter of 2012.

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The Page A4 MFP segment performed well growing 39.7 percent compared to the fourth quarter of 2011. HP’s shipments grew 56.6 percent, as its market share totaled 55.6 percent. Samsung, at No. 2, grew 45.2 percent with its market share reaching 21.2 percent share, Canon’s shipments declined 17.8 percent compared to the fourth quarter of 2011, and it accounted for 10.3 percent of the market in the fourth quarter of 2012.

Other providers introduced models earlier in 2012, targeting the small and midsize enterprises (SMEs) which were well received in the market.

The Page A3 MFP segment also grew by 19.8 percent compared to the fourth quarter of 2011. Canon led the market with 24.1 percent market share; Ricoh took a step forward again in the quarter, ranking No. 2, accounting for 17.8 percent market share, while Konica Minolta was No. 3 with 14.5 percent market share. Canon and Ricoh performed well in the mid segment with growth of 13.5 percent and 7 percent. Konica Minolta grew 9 percent compared to the fourth quarter of the 2011, actively building upon the high segment devices.

The page printer market overall experienced a decline of 6.4 percent in the fourth quarter of 2012. HP remained the market leader in this segment with 54.6 percent market share, followed by Canon at 27.6 percent market share, and Samsung with 10.5 percent market share in fourth quarter of 2012. HP suffered a decline of 5.6 percent, Canon and Samsung also fell by 13.2 percent and 12.4 percent compared to the fourth quarter of 2011. Page printers in 31-40 ppm and 41-69 ppm segments did well. Since they meet the purposes of small and medium organisations in India, they are well received in the market, especially amongst the financial institutes, medical sectors, public sector units and hospitality sectors.