Worldwide Hardcopy Peripherals Market Declined 7.5% Year Over Year in the First Quarter of 2020, According to IDC

FRAMINGHAM, Mass.–(BUSINESS WIRE)–Worldwide shipments of hardcopy peripherals (HCP) contracted 7.5% year over year to 21.1 million units in the first quarter of 2020 (1Q20), according to the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. The severe year-over-year drop was due to COVID-19 supply chain disruption as most vendors have their manufacturing plants in China. The brightest spot for the quarter was the year-over-year expansion of color laser multifunction printers (MFPs) in the 21-30 ppm range, which grew 3.0% to approximately 793,000 units shipped.

Notable highlights from the first quarter include:

• Central & Eastern Europe (CEE) and Japan are the two regions with positive year-over-year growth in unit shipments during 1Q20, with CEE growing 1.8% to approximately 1.3 million units and Japan increasing 5.2% to more than 1.1 million units.
• Ink tank devices continue to expand year over year, growing 5.5% to approximately 3.7 million units shipped.
• Brother and Epson outperformed all other companies in the top 5. Brother grew 9.6% year over year to more than 1.8 million units shipped while Epson increased 0.2% to more than 4.3 million units. Both vendors showed year-over-year expansion the US and Latin America as well as Central & Eastern Europe.

Notes:

• IDC tracks A2-A4 devices whose primary application is document printer in the Quarterly Hardcopy Peripherals Tracker.
• Hardcopy Peripherals include single-function printers, multifunction printers (MFPs), and single-function digital copiers (SF DC). Data for all vendors are reported for calendar periods.