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Global HCP market declines in 3Q 2018

December 7, 2018

The worldwide hardcopy peripherals (HCP) market declined 1.2 percent year over year to approximately 25 million units shipped in the third quarter of 2018 (3Q18).

This is according to the International Data Corporation Worldwide Quarterly Hardcopy Peripherals Tracker.

Both inkjet and laser unit shipments experienced a year-over-year decline in the quarter, falling 1.5 percent and 0.7 percent respectively.

Notable highlights from the quarter include:

  • The Asia/Pacific (excluding Japan) region delivered year-over-year growth in unit shipments for the fifth consecutive quarter, increasing 0.9 percent in 3Q18. The top three contributors to the region’s growth were China, India, and the Philippines. Inkjet growth in the region was largely driven by ink tank printers, which saw a 22.1 percent increase. This was the first quarter where Ink Tank shipments were greater than Ink Cartridge, making Ink Tank the leading product in the inkjet market for APeJ with 51.1 percent share.
  • Colour laser’s year-over-year growth of 2.3 percent was helped by strong performances from 21-30 ppm and 31-44 pm devices. Four of the top 5 companies (in terms of units), including HP Inc., Canon Group, Brother, and Ricoh Group, recorded year-over-year expansion in colour laser shipments.
  • Canon Group outperformed all the other companies in the top 5 with year-over-year shipment growth of 7.7 percent to approximately 5.3 million units. The U.S. market was one of the key contributors to the company’s results, delivering a 20 percent increase in inkjet and 41 percent expansion in the laser market.

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