COLOR LASER PRINTER MARKET TO EXPAND

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Date: Tuesday September 6, 2005 11:58:00 am
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  • Anonymous
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    Color Laser Printer Market To Expand
    The worldwide shipments
    and sales of printers, copiers and multifunction products are expected
    to increase steadily over the next five year.

    Shipments are projected to surpass 124.7 million units this year, a 7.8
    percent increase from 2004, Worldwide revenues for these products is
    forecast to top $59.7 billion, up 4.5 percent from last year.

    By 2009, worldwide sales are expected to exceed $60.7 billion, and shipments are forecast to surpass 148.9 million units.

    Sales of color laser printers and multifunction products are expected
    to be high-growth areas, as manufacturers focus on moving business
    customers away from monochrome devices. Businesses have been reluctant
    to make the move, because of the additional cost of color printing.

    “However, photographs, color charts, graphics imaging, and the Internet
    are driving the need to print in color,” Gartner analyst said in a
    statement. “Many documents lose their impact and message if they are
    not printed in color.”

    The transition will make for an interesting market, as vendors fight to
    keep their installed base, and others look to lure business customers
    with new color offerings, Less than 6 percent of the pages printed in
    the office are in color.

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