Worldwide Hardcopy Peripherals Shipments Continue to Show Modest Growth in the Second Quarter, According to IDC

(BUSINESS WIRE)--The worldwide hardcopy peripherals (HCP) market grew 0.9% year over year with more than 23.5 million units shipped in the second quarter of 2018 (2Q18), according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. Inkjet and laser unit shipments both expanded in the quarter, each growing 0.8% year over year.

Notable highlights from the quarter include:

• HP Inc. remained the top HCP company with 3.5% year-over-year shipment growth. Third-ranked Epson and fourth-ranked Brother also saw positive year-over-year growth, while second-ranked Canon declined 4.4% year over year.
• Color laser 21-30 ppm devices recorded year-over-year growth of 41.1% in unit shipments. The double-digit expansion was helped by strong performances from the top companies, especially HP Inc., Brother, Canon, and Xerox.
• Epson enjoyed the largest year-over-year shipment growth, increasing 5.1% to more than 4.1 million units shipped. This was largely due to its strong growth within the Asia/Pacific and Japan regions where business inkjets and ink tank models continue to thrive.
• HP Inc. enjoyed a particularly strong performance in Asia/Pacific (excluding Japan) and the U.S. HP's growth was driven by attractive inkjet pricing deals as well as strong demand from small business customers for the Color LaserJet Pro MFP M281, a color laser device.

Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q2 2018 (based on unit shipments)
Companies		2Q18 Unit Shipments		2Q18 Market Share		2Q17 Unit Shipments		2Q17 Market Share		2Q18/2Q17 Growth
1. HP Inc		9,588,962		40.8%		9,263,749		39.8%		+3.5%
2. Canon Group		4,694,281		20.0%		4,909,474		21.1%		-4.4%
3. Epson		4,137,870		17.6%		3,937,437		16.9%		+5.1%
4. Brother		1,825,292		7.8%		1,777,859		7.6%		+2.7%
5. Xerox Group		476,255		2.0%		576,827		2.5%		-17.4%
Others		2,799,908		11.9%		2,836,199		12.2%		-1.3%
Total		23,522,568		100.0%		23,301,545		100.0%		+0.9%
Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, August 21, 2018

Notes:

• IDC tracks A2-A4 devices in the Quarterly Hardcopy Peripherals
• Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC). Data for all vendors are reported for calendar periods.

Source: As published in Business wire.