Worldwide Hardcopy Peripheral Shipments Saw Double-Digit Year-Over-Year Growth in the Second Quarter of 2021, According to IDC

NEEDHAM, Mass.--(BUSINESS WIRE)--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

Notes:

• IDC tracks A2-A4 devices in the Quarterly Hardcopy Peripherals Tracker.
• Hardcopy Peripherals include single-function printers, multifunctional systems (MFPs), and single-function digital copiers (SF DC).
• Data for all vendors are reported for calendar periods.

In addition to the table above, a graphic illustrating worldwide revenues and annual growth for the top 5 hardcopy peripherals companies in 2Q21 and 2Q20 is available by viewing this press release on IDC.com.

For more information about IDC's Worldwide Quarterly Hardcopy Peripherals Tracker, please contact Phuong Hang at [e-mail].

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