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Hardcopy peripherals market improves

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The rate of decline in the worldwide hardcopy peripherals market slowed in the second quarter of 2016 (2Q16) with shipments contracting 3.8% year over year to 23.1-million units, according to the IDC Worldwide Quarterly Hardcopy Peripherals Tracker.
The improvement in the global market was largely driven by strong demand in the colour laser (21ppm+) and mono laser (21-30 ppm) segments with 18% and 8.9% year-over-year growth, respectively.
Other notable highlights in this quarter include:
• Asia/Pacific (excluding Japan) saw 6.6% year-over-year growth in shipments to approximately 8-million units, bolstered by strong performances in China, Indonesia, Philippines, and Vietnam.
• Epson’s double-digit year-over-year growth of 10.4% was fuelled by increases in six out of eight regional markets. The vendor grew shipments 13.3% year over year in the business inkjet segment of the Western European market.
• Canon also grew 1.4% year over year in the worldwide market with shipments approaching 4.8-million in 2Q16. The vendor’s best results came in Asia/Pacific (excluding Japan) with 19.4% year-over-year growth, which was driven by increased traction for its ink tank series (i.e, PIXMA G models