Worldwide Printer, Copier Market Drops in First Half of 2009
A report from Gartner shows the printer and copier market took a big hit worldwide in the first half of 2009, dropping 20 percent in comparison to the first half of 2008.According to a survey by information technology research firm Gartner, the worldwide combined printer, copier and multifunctional printer shipments market totaled 51.3 million units in the first half of 2009, a 20.2 percent decline over first half of 2008 shipments. The report found while not a single region was spared the downward trend, the emerging regions of Eastern Europe, Middle East and Latin America were the worst hit, as shipments declined 41.8 percent, 28 percent and 22.9 percent, respectively, in the first half of 2009. "The market witnessed a weak demand as both businesses and consumers reduced spending, and the drop in shipments was also impacted by tighter inventory controls in order to minimize inventory levels in the channels," said Gartner senior research analyst Lai-Ling Lam. "The situation was further exacerbated by the shortages of popular low-end inkjets and page printers to home, small businesses, and small and medium businesses [SMBs]."
Office printing devices fueled the overall decline in the global print market, with a 24.5 percent decrease in the first half of 2009. The consumer ink-jet products were less impacted by the global economic downturn, declining 17.3 percent in the first half of 2009. Despite cautious consumer spending, there are opportunities as demand for wireless ink-jets buoyed the consumer market.