Worldwide Hardcopy Peripheral Shipments Showed Double-Digit Year-Over-Year Decline in the Third Quarter of 2021, According to IDC

NEEDHAM, Mass.–(BUSINESS WIRE)–#HardcopyPeripherals–The worldwide hardcopy peripherals market declined 20.4% year over year in the third quarter of 2021 (3Q21) to nearly 21 million units shipped. Manufacturing constraints and logistical issues were the main causes for most brands to not have enough inventory to fulfill orders. Shipment value also decreased 11.0% year over year during the quarter to $9.2 billion, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.

Notable highlights from the quarter include the following:

• Epson and Kyocera Group were the best performers among the top 5 companies, increasing 0.9% and 9.8% year over year, respectively. Epson continued to expand in the ink tank market while Kyocera showed significant laser growth in the European market.

• Inkjet shipments in the Asia/Pacific (excluding Japan and China) region saw the least impact from stock availability and logistics constraints. The region recorded a year-over-year decline of 4.8% with more than 2.2 million units shipped in the quarter.

• On a sequential basis, the Asia/Pacific (excluding Japan and PRC) region witnessed an increase of 12.6% in inkjet shipments and 10.8% in laser. Many vendors were still facing challenges in production due to the shortage of semi-conductors. However, due to better allocation of stocks for their channels, both inkjet and laser markets in the region performed better than last quarter.

Notes:

• IDC tracks A2-A4 devices in the Quarterly Hardcopy Peripherals Tracker.
• 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.

In addition to the table above, a graphic illustrating the worldwide market share of the top 5 hardcopy peripherals companies over the previous five quarters is available by viewing this press release on IDC.com.

For more information about IDC’s Worldwide Quarterly Hardcopy Peripherals Tracker, please contact Phuong Hang at phang@idc.com.

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Contacts

Michael Shirer

press@idc.com
508-935-4200

Phuong Hang

phang@idc.com
508-935-4376