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%|
|3. Canon Group||4,014,762||17.5%||4,267,045||21.1%||-5.9%|
|Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, August 5, 2021|