CHINA PRINTER MARKET TO SURPASS $5BILLION

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CHINA PRINTER MARKET TO SURPASS $5BILLION

 user 2006-11-08 at 10:40:00 am Views: 49
  • #16776

    New insight into global printer market
    Lyra research
    November
    2006 — Beijing (CHN): Chinese total laser printer revenue, including
    hardware, cartridges, and media, is expected to surpass $5 billion by
    2010, According to Lyra Research.The research agency for the imaging
    industry has said that the typical laser printer in China is a low-cost
    device that is used at a higher rate than those in industrialised
    regions The agency’s latest research into the Chinese printer suggests
    that Chinese business buyers’ efforts to save money by purchasing
    low-end machines are futile, because higher page volumes and the use of
    third-party supplies wear out the machines and force users to purchase
    replacements much more often than is the case in other countries Lyra
    also projects that large chain stores such as Office Depot, OfficeMax,
    and Walgreens will dominate the cartridge-refilling market by
    2009.According to the company’s report What’s in Store for Retail
    Refillers in North America, by 2009, stores such as Depot will account
    for 62 percent of retail cartridge-refilling locations in North
    America, up from 7 percent in 2005.The report also suggests that retail
    ink and toner cartridge-refilling franchises such as Caboodle Cartridge
    will continue to open new stores at a rapid pace over the next few
    years as the entire cartridge-refilling market grows, but their share
    of retail locations will decrease from 62 percent in 2005 to only 29
    percent in 2009.