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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.
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