The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • Biuromax Web banner June 2022
  • Ninestar web banner November 2022 Masthead

Toner cartridges seeing “growing demand” globally

Toner cartridges seeing “growing demand” globally

February 11, 2016

Printer toner cartridgesA study of the global office stationery and supply market found that growing sales of toner cartridges in particular was one of the “top three emerging trends” worldwide.

The study, by market analysts Technavio, analysed the “key trends expected to impact the market” from 2015 to 2019, with an emerging trend defined as “a factor that has the potential to significantly impact the market and contribute to its growth or decline”. Of the top three emerging trends “impacting” the global market, Technavio named the “growing demand for computer/printer supplies”, with toner cartridges pointed at in particular.

The analysts stated that “IT integration and industry automation has driven the market for this segment”, and added that “the toner cartridges category has become the largest contributor in this market as their demand is rising”, with a compound annual growth rate (CAGR) of over nine percent through to 2019. Technavio also points to “leading manufacturers” including Brother, Canon, HP Inc and Epson, as well as “retailers like Staples, Office Depot and Walmart”.

Worldwide, the office stationery and supply market “is likely to exceed” 217 billion (€191 billion) by 2019 because “the developed markets for office stationery and supply products are growing at a very high rate”, with particular markets seeing growth including the USA, UK, Germany, Canada, France and Japan, though “major growth is also expected” in developing markets such as China, Brazil, South Korea and India”.

The other two main trends the analysts have identified include “multichannel marketing”, with various channels available “through the online or offline medium[s]”, and “business expansion through mergers and acquisitions”, a key theme for the remanufacturing industry of late. A fourth and lesser trend is that for “packaging innovation and green products”, including recycled packaging and “green office supply products”, which could include remanufactured cartridges.

Brijesh Kumar Choubey, Senior Analyst at Technavio for the general retail goods and services industry, commented: “Although the demand for paper-based products is on the decline in developed markets due to industry automation and IT integration, growth prospects have increased for the printer and computer supplies manufacturers.”

Categories : World Focus

Tags : Cartridges Market Data Printers

  • Static Control June 2022 Big & Bold Ad
  • Ink Tank November 2022 Web banner
  • Aster November 2022 Web advert
  • Mito Web Ad September 2022
  • IR Italiana Web ad January 2021
  • GM Tech Web ad September 2022
  • Apex Web Ad September 2022
  • GPI November 2022 Web advert
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • Zhono Web Ad October 2022
  • HYB October 2022 Web banner
  • HYB October 2022 Web banner
  • Zhono Web Ad October 2022
  • CTS New Ad March 2022
  • CET June 2022 Web ad
  • PCL Web ad January 2021
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • HYB October 2022 Web banner
  • ITP Web ad January 2021
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • Zhono Web Ad October 2022

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark