Global HCP shipments saw double-digit growth
August 18, 2021
Worldwide hardcopy peripheral shipments saw double-digit year-on-year growth in the second quarter of 2021, according to IDC.
The worldwide hardcopy peripherals (HCP) market expanded for the fourth quarter in a row in the second quarter of 2021 (2Q21) with shipments growing 13.4% year-over-year to nearly 22.9 million units.
Shipment value also increased during the quarter with year-over-year growth of 31.2% to $10.2 billion signalling the return to office, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker.
Notable highlights from the quarter include:
- Inkjet vendors continued to record high shipments to cater to ongoing demand and to fill order backlogs. The laser market also saw year-over-year growth, another sign that the return to office is underway.
- Seven out of nine regional markets witnessed year-over-year expansion in unit shipments. Similar to last quarter, the common theme for this quarter is that growth was driven by increased demand for low-end devices.
- HP Inc. and Epson grew 11.7% and 57.1% year-over-year respectively, while Canon declined 5.9% due to semiconductor shortages and stock issues. As with Canon, Brother also experienced significant challenges regarding production and stock availability causing it to contract 4.9% year over year.
Categories : World Focus
