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The global printing equipment market showed growth due to the pandemic
International Data Corporation (IDC) has recorded the first growth in more than two years in the world market for printing devices – printers of various types (laser and inkjet formats from A2 to A4), multifunctional machines, and copying equipment.
In the third quarter of this year, about 26.2 million devices of these types were sold globally, which is 8.6% more than a year earlier. This is the first growth since Q2 20221.
The observed picture is due to the pandemic. In the context of remote work and distance learning, users around the world needed additional printing equipment, which provoked a boom in sales of inexpensive inkjet equipment.
HP ranks first in the rating of leading suppliers with a share of approximately 44%. Canon Group follows with 21%, and Epson closes the top three with 16%. In addition, Brother and Kyocera Group entered the top five largest market players, showing a result of 7% and 2%, respectively. All other suppliers collectively control 10% of the global industry.
It is also noted that in the segment of inkjet technology there was a 13.8 percent increase in shipments on an annual basis. The laser sector posted a 2.0 percent gain.