CARTRIDGE WORLD TO EXPAND FRANCHISE NETWORK IN …….

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CARTRIDGE WORLD TO EXPAND FRANCHISE NETWORK IN …….

 user 2010-02-22 at 10:21:48 am Views: 148
  • #23699
    http://www.pr-inside.com/franchisekey-news-cartridge-world-planning-r1719967.htm
    Cartridge World
    planning to expand its franchise network in India

    According to a report published on the
    website, http://www.ibtimes.com,
    Cartridge
    World, one of the leading franchises retailing printer cartridges
    ,
    opened its sixth franchisee-run store in India last month.In an
    interview, Mr Naveen Rakhecha – CEO – South Asia, Cartridge World, said:
    “Cartridge World has a strong presence in all the major Indian cities.
    We are now looking at aggressively expanding into Tier II and Tier III
    cities too. At Cartridge World the slowdown has catalyzed our growth
    process. Even the staunchest ‘OEM only’ user is now ready to give us a
    chance as cost cutting becomes imperative. The presence of a globally
    established brand which offers guaranteed service helps them take this
    first step more reassuringly.”The article also reveals that the
    franchisor is planning to launch stores in Sri Lanka, Bangladesh and
    Nepal and expects to have around 250 franchise-run stores across the
    Indian sub-continent over the next 2 to 3 years.

    About
    FranchiseKey.com
    FranchiseKey.com is an international online platform
    for the franchise economy helping franchisors to expand their networks
    at home and, in particular, abroad. Franchisekey International is based
    on a joint venture between three leading portals: http://www.ac-franchise.com
    from France, http://www.quefranquicia.com from Spain and http://www.franchiseportal.de
    from Germany.

    FranchiseKey is available in 20 countries and in
    10 languages , with emphasis having, up to now, been put on Europe.
    However, FranchiseKey has also taken
    the step beyond Europe opening
    up websites in large countries such as the USA, Russia and Brazil. The
    online platform concentrates on providing information like franchise
    profiles, franchise news and know-how. The FranchiseKey directory
    contains around 8,500 franchise profiles clearly exceeding the amount
    offered by its competitors.
    CARTRIDGE WORLD TO
    EXPAND FRANCHISE NETWORK IN ……..

    http://www.indiainfoline.com/Markets/News/India-printer-copier-and-MFP-market-grew-35-percent-Q4-09-Gartner/4779020939
    India printer, copier
    and MFP market grew 35% Q4 ’09

    HP with 35% market share, was the leader in Page A4
    Flatbed category followed by Samsung, with 28% market share.

    The
    combined printer, copier and multifunctional product (MFP) market in
    India totalled nearly 0.7 million units in the fourth quarter of 2009,
    which represents 34.7 per cent growth over the fourth quarter of 2008
    and 18 per cent growth compared to the third quarter in 2009, according
    to Gartner, Inc.“This strong growth is the result of improving buyer
    confidence in the market,” said Vishal Tripathi, principal research
    analyst at Gartner. “Smaller towns and cities outside of the major
    metropolitan cities, and small and medium businesses, were the growth
    drivers.”

    Most vendors experienced significant growth in
    shipments year-on-year in the fourth quarter of 2009. Canon led with a
    120 per cent increase, followed by Samsung with 55 per cent and HP with
    29 per cent growth (see Table 1). Other than Toshiba and Xerox, all
    others vendors registered growth in the Indian Market in the fourth
    quarter of 2009.

    Canon, with 23 per cent market share, again
    emerged as the No.1 in Page A3 Flatbed Copier/MFP in the fourth quarter
    of 2009, followed by Ricoh with 18 per cent market share.

    HP with
    35% market share, was the leader in Page A4 Flatbed category followed
    by Samsung, with 28% market share.

    Sales of page printers grew 53
    per cent year-on-year. Canon experienced 182 per cent growth
    year-on-year. Samsung experienced 51 per cent growth year-on-year in the
    fourth quarter of 2009 and HP with 28 percent increase in shipments
    contributed to this healthy growth of single function page devices. HP’s
    market share declined from 56 percent share in the fourth quarter of
    2008 to 47 percent in the fourth quarter of 2009. Canon’s market share
    grew from 18 percent in the fourth quarter of 2008 to 33 percent in the
    fourth quarter of 2009. 

    In serial Inkjet, HP grew 26 percent in
    the fourth quarter of 2009 in comparison to the fourth quarter of 2008.
    However, HP lost its market share by 2 points from 73 percent in the
    fourth quarter of 2008 to 71 percent in the fourth quarter of 2009.
    Canon recorded 79 percent growth in the fourth quarter of 2009 as
    compared to the fourth quarter of 2008, and its market share grew from
    12 percent in the fourth quarter of 2008 to 17 percent in the fourth
    quarter of 2009.The serial dot matrix segment increased 12 percent year
    on year with Epson being the leader in the India market with 44 percent
    market share followed by TVSE with 39 percent and WEP with 16 percent.