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HCP Market Posts 4.1% YoY Decline in 2019Q1, IDC India Reports
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India, May 28 -- India HCP market posted quarterly shipments of 0.85 million units in 2019Q1, with a decline of 4.1% on a year-on-year (YoY) basis, as per the latest IDC's Asia/Pacific Quarterly Hardcopy Peripherals Tracker, CY2019Q1. The decline was primarily because of the slowdown in both consumer and commercial demand.
Despite a slowdown in demand, Inkjet printer shipments grew YoY by 5.6 percent led primarily by Epson. The growth was led by Ink tank printers which recorded YoY growth of 21.2%, the highest growth in the last 5 quarters. While the overall laser printer market declined YoY by 11.9%, the copier segment grew by 19.4% YoY and recorded the highest shipment ever. The copier market grew on the back of strong demand from gove...
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