Western Europe Inkjet Markets Falls 20.5% Year Over Year

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Western Europe Inkjet Markets Falls 20.5% Year Over Year

Western European hardcopy market falls 14.5% in Q1
By CBR Staff Writer

Western European hardcopy market has reported a 14.5% decrease in the first quarter of 2013 to about 5 million units from the corresponding period in the previous year, according to a report from IDC.

For the quarter, the inkjet markets fell by 20.5% year-on-year, while its only segment to register growth was the A3 MFP market.

According to the report, the market recorded 9.5% decline to $2.6bn in third quarter of 2011 from the previous quarter of the same year, driven by the high competition and dull markets.

IDC Western European Imaging Hardware Devices and Document Solutions group director, Arnaud Gagneux, said that the first quarter shipments reveal the lack of improvement of Europe’s economic fortunes.

"Businesses are focused on driving down the costs of their operations and improving efficiencies thanks to managed print services and effective document solutions. Some product categories are nonetheless proving attractive to businesses such as A3 Inkjet MFPs," Gagneux added.

During the quarter, the market was led by HP, which accounted for 35.9% of all shipments, followed by Canon that increased its market share to 18%, driven by the shipments of inkjet and laser divisions.

The third position was occupied by Brother which captured 12.6% market share, while Epson and Samsung occupied 12.1% and 8.7% market shares respectively.

About 52.9% of the total Western European shipment market was held by the big three nations of Germany, France and the UK.

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May 14, 2013 at 8:27 AM