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Personal Monochrome Laser MFPs: Hardware and Supplies Forecast and Analysis
Personal monochrome laser multifunction Products (MFPs) represent one bright spot in an otherwise flat monochrome laser market.Lyra Defines these products as electrophotographic devices that are generally priced less than $1,000, produce output in black-and-white, and perform a combination of functions, including printing, copying, scanning, and faxing. The worldwide installed base of personal Monochrome laser MFPs is forecast to grow steadily from 6.5 million units in 2003 to 10.2 million units in 2008, a CAGR of 9 percent , Several factors are driving this growth, including a growing number of small-office/home-office users and users’ increased comfort with the concept of multifunctionality. In addition, vendors’ aggressive pricing strategies have led to a decrease in the pricing differential between multifunction and single-function laser printers, making it more appealing for a user to select a multifunction product.
With a growing installed base of hardware, toner cartridge shipments and revenue in this category are also increasing, representing a lucrative opportunity for both OEM printer vendors and aftermarket suppliers. Lyra forecasts that personal monochrome laser MFPs will displace single-function laser printers over the next several yearsHard Copy Industry Revenue RevealedIn 2004, revenue from the hard copy industry totaled approximately $152.0 billion. Hardware accounted for $62 billion, or 41 percent of the total market. Marking supplies accounted for 31 percent, and media supplies accounted for the remaining 28 percent. Office printing accounted for $91.2 billion of the total, almost two-thirds of the entire market. The presentation explores how these numbers will change over the next several years.
Get the Picture: Photo Paper Market Trends and Forecast through 2008
Ink jet photo paper* shipments are projected to double between 2003 and 2008, increasing from 2.6 billion A4/letter-sized sheets in 2003 to 5.2 billion sheets in 2008, a CAGR of 15 percent . Growth in the ink jet photo paper market will be driven primarily by worldwide increases in digital camera ownership coupled with the widespread availability of low-cost ink jet photo printers. While many photos that are output at home are printed on plain paper, use of gloss or semigloss photo paper will increase as snapshot-sized A6 or 4 × 6-inch prints grow in popularity.
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