Printer Copier, Multifunctional Product Mkt Declined 2.5% In Q1FY11

The combined serial inkjet and page printer, copier and multifunction product (MFP) market in India totalled 6,65,172 units in the first quarter of 2011, a 2.5 percent decline compared to the first quarter of 2010, according to Gartner, Inc.

“The revision in IT budgets towards the end of the fiscal year 2010 led to controlled purchasing of print devices and IT hardware spending,” said Amrita Choudhury research analyst at Gartner. “However, the future outlook is positive. Purchasing will beef up in the coming months as economic activities will resume momentum.”

HP remained the leader in the India printer, copier and MFP market (see Table 1), as its market share totalled 56.7 percent in the first quarter of 2011, followed by Canon with 21.7 percent market share, Epson at 7.5 percent, and Samsung with 6.4 percent market share.

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In the A4 MFP space, HP maintained its leadership position at 65.7 percent market share, followed by Canon with 15.7 percent, Samsung with 6.1 percent and Epson with 5.2 percent market share in the first quarter of 2011.

In the A3 flatbed copier MFP segment, Canon led the market with 24.6 percent market share, followed by Toshiba with 21.9 percent, Ricoh with 12.5 percent, and Sharp with 11.9 percent market share compared to the first quarter of 2010.

The page printer market declined 14.1 percent in the first quarter of 2011. HP continued to dominate the segment with 48.3 percent market share, a 6.6 percent increase from the first quarter of 2010. Canon’s market share totalled 36 percent, a 13.6 percent decline. Samsung recorded a decline of 52 percent, but it accounted for 11 percent market share in the Indian page printer market.