All-in-One Cartridge Market Value in the U.S.
Projected to be $10 Billion in 2008
the
total all-in-one (AIO) cartridge consumption in the United States is
projected to be valued at over $10 billion in 2008, representing a
compound annual growth rate (CAGR) of 7%. The fastest growing segment
will be the 40+ ppm high-speed segment, experiencing an astounding 69%
CAGR over the forecast period.
Larger Cartridges, Higher Page Yields
“With
the shift to higher speeds and volumes, the average cartridge is
getting larger with correspondingly higher yields,” commented John
Shane, Director at InfoTrends/CAP Ventures. “In turn, on a unit basis
this market will see a decline in the later years of the forecast
period. However, because larger, higher-yield cartridges have greater
market values than smaller, lower-yield cartridges, the overall retail
value of the cartridges will continue to grow.”
The monochrome laser
cartridge market is expected to grow through 2008, but will begin to
decline in the future as low-cost color machines are used for everyday
printing in the office environment. OEMs and aftermarket suppliers are
currently equal in terms of aftermarket share. Moving forward, however,
they will be facing several issues such as the increase of color
technology, and learning how to compete in an industry that is
increasingly sourcing products from lower-cost regions.
“The
aftermarket’s share continues to hover at about 30% in terms of units
and about 25% in terms of retail value, but we believe unit consumption
will peak in 2006 and then begin declining,” commented Mr. Shane. “OEM
cartridges are expected to demonstrate the same peak and decline trend;
however, revenue in both segments should continue to grow given the
reasonably stable aftermarket penetration rates that we expect.“