According to IDC, global paper device shipments fell 3.9% year-over-year in the second quarter of 2022

NEEDHAM, Mass., Aug. 25, 2022 – Global shipments of paper peripherals decreased 3.9% year-over-year to 22.0 million units in the second quarter of 2022 (2Q22). The value of shipments fell 5.3% year-over-year in the quarter to $9.6 billion, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker . Ongoing supply shortages have continued to affect the HCP market and full stocks are not expected until 2023.

Notable highlights of the quarter include:

  • IDC expects shipments for the remainder of 2022 to be inconsistent across most segments, with significant amounts of new products being diverted to fill back orders and tenders rather than new business.
  • In terms of regional markets, Asia/Pacific (excluding Japan and China) (APeJC) and the People’s Republic of China (PRC) outperformed all other global regional markets, posting year-over-year unit gains of 7.4% and 1.0% respectively. Growth was mainly driven by the economic recovery in all the APeJC countries compared to the same period last year. In addition to this, supply and logistics issues have also seen improvements in recent quarters. Large-scale promotional activities on June 18 in the PRC also helped boost sales of ink cartridge printers.
  • Canon, the second ranked company, posted global year-on-year growth of 10.0% with more than 4.4 million units shipped. Canon’s overall offering was better in 2Q22 for 4-in-1 ink cartridge printers than for 3-in-1 ink tank printers. New business models were introduced and Canon hoped the inkjet would fill the void left by the discontinuation of previous models.

Global Hard Copy Devices Market, Unit Shipments, Company Share and Year-over-Year Growth, Q2 2022 (based on unit deliveries)

Companies

Unit deliveries in 2Q22

Market share in 2Q22

Unit deliveries in 2Q21

Market share in 2Q21

2Q22/2Q21 growth

1.HP Inc.

8,710,441

39.6%

9,074,276

39.6%

-4.0%

2. Canon Group

4,415,942

20.1%

4,014.765

17.5%

+10.0%

3.Epson

3,875,415

17.6%

4,875,561

21.3%

-20.5%

4. Brother

1 857 205

8.4%

1,783,552

7.8%

+4.1%

5.Pantum

486 107

2.2%

377 297

1.6%

+28.8%

Others

2,660,017

12.1%

2,777,547

12.1%

-4.2%

Total

22,005,127

100.0%

22,902,998

100.0%

-3.9%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, August 11, 2022

Remarks:

  • IDC tracks A2-A4 devices in quarterly hard copy devices.
  • Hardcopy devices include single-function printers, multi-function systems (MFPs), and single-function digital copiers (SF DC). Data from all providers is reported for calendar periods.

For more information on IDC’s Quarterly Paper Device Tracking, please contact Phuong Hang at phang@idc.com.

About IDC Trackers

IDC Tracker products provide accurate and timely market size, vendor share, and forecasts for hundreds of technology markets in more than 100 countries around the world. Using proprietary research tools and processes, IDC’s trackers are updated semi-annually, quarterly, and monthly. Tracking results are delivered to clients in user-friendly Excel deliverables and online query tools.

Click here to learn more about IDC’s full suite of data products and how you can leverage them to grow your business.

About IDC

International Data Corporation (IDC) is the world’s leading provider of business information, consulting services and events for the information technology, telecommunications and consumer technology markets. With more than 1,300 analysts worldwide, IDC offers global, regional, and local expertise on IT technology, benchmarking, and procurement, as well as industry opportunities and trends in more than 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community make fact-based technology decisions and achieve their key business goals. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world leader in technology media, data and marketing services. To learn more about IDC, visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC blog for industry news and insights.

All product and company names may be trademarks or registered trademarks of their respective holders.

Cover

Comments are closed.