Color Laser MFP Hardware and Supplies Shipments Skyrocket
LYRA RESEARCH
Although desktop color
laser MFPs did not hit the market until late in 2004, they are already
proving to be the hard copy hardware market’s hottest product segment.
Lyra forecasts very strong growth in the worldwide installed base of
these units. The installed base of color laser MFPs is expected to grow
at a massive 297 percent CAGR, climbing from 4,300 units in 2004 to 4.2
million units in 2009.
As the installed base of color laser MFPs skyrockets, hard copy
supplies vendors will see an upsurge in demand for color toner
cartridges. The color toner supplies market is drawing the attention of
a growing number of aftermarket supplies vendors that realize the
market’s potential for growth. Challenges for third-party vendors in
targeting this market include the limited availability and higher
prices of chemical toner, a limited supply of empty cartridges to
refill, and the difficulty in matching the color of replacement toner
with OEM toner. Time will tell whether the aftermarket can meet these
challenges, although Lyra expects to see healthy growth in the
third-party share of the market for color toner.