The Laser HCP (Hardcopy Peripherals) market has witnessed a decline of 10.2 per cent in Q1 of 2017 compared to Q1 of 2016. In this segment, HP Inc. maintained the leadership position, whereas Canon registered a growth of 12.6 per cent for the same period and occupied the second position, followed by Samsung. A decrease in the number of large government deals affected the Laser market complemented by the low pull from the enterprise segment in the A4 printer base segment.
Key Takeaways: It is almost a year that the printer market is undergoing a technological shift from entry-level laser printers to cost-effective and high-yielding ink tank printers. This shift has also been triggered by vendors with their marketing strategy. Following the implementation of GST tax slabs, confusion has prevailed as printers are listed in both 18 per cent and 28 per cent, respectively and so the industry is waiting for a clarification on it, while the channel partners are holding back on inventory stocking which may affect printer shipments.
Key Vendors: HP, Epson, Canon and others including Konica Minolta, Kyocera, Ricoh, Xerox.
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