The worldwide hardcopy peripherals 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 signaling 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.
| Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q2 2021 (based on unit shipments) | |||||
| Company | 2Q21 Unit Shipments | 2Q21 Market Share | 1Q20 Unit Shipments | 2Q20 Market Share | 2Q21/2Q20 Growth |
| 1. HP Inc. | 9,074,276 | 39.7% | 8,125,369 | 40.3% | +11.7% |
| 2. Epson | 4,874,521 | 21.3% | 3,102,046 | 15.4% | +57.1% |
| 3. Canon Group | 4,014,762 | 17.5% | 4,267,045 | 21.1% | -5.9% |
| 4. Brother | 1,780,906 | 7.8% | 1,871,855 | 9.3% | -4.9% |
| 5. Lenovo | 398,551 | 1.7% | 485,664 | 2.4% | -17.9% |
| Others | 2,736,837 | 12.0% | 2,324,237 | 11.5% | +17.8% |
| Total | 22,879,853 | 100.0% | 20,176,216 | 100.0% | +13.4% |
| Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, August 5, 2021 | |||||