HP arises as leader in Indian MFP and printer market
The Indian MFP (Multi-Functional Printer), Copier, Dot-Matrix and Serial Inkjet Printer market recorded a Total Unit Shipments of 0.82 million units in CY Q4 2013, demonstrating a decline of 6 percent in excess of the previous quarter.
HP from its barrio arose as the market leader in MFP and Printer market whereas; Ricoh bagged the lion’s share in the copier segment.
In CY Q4 2013, MFP segment registered an increase of 4 percent in terms of unit shipments; however Printers exhibited a substantial decrease of 16 percent as paralleled to the previous quarter which can be well explained by way of the increased usage of MFP by the Indian consumers.
Highpoints (CY Q4 2013)
- In MFP segment, top three player’s captured 92 percent market share.
- In Printer and MFP segment, 600 x 600 print resolution lead with around 28 percent market share.
- Touchscreen enabled copiers registered 29 percent share of the total copiers market.