Market Share of Printer Industry
The printer market is moderately fragmented, with a majority share acquired by a few global players. High investments in R&D, new product launches, market initiatives, mergers and acquisitions, partnerships, and collaborations are the prime growth strategies companies adopt to sustain the competition. Key players in the market are Canon, Xerox, Ricoh, and Konica Minolta.
- January 2024 - HP launched a new line of 'OfficeJet Pro' printers designed to cater to the printing requirements of SMBs in India. The new line consists of OfficeJet Pro 9720 and 9730 Wide Format All-in-One series, OfficeJet Pro 9130 All-in-One series, and OfficeJet Pro 8120 All-in-One series. The HP OfficeJet Pro series is offered at a base price of INR 21,562 (USD 257.43).
- November 2023 - Brother Industries revealed its most recent inkjet printer, the MFC-J1800DW Print & Cut All-in-One Color Inkjet Printer. This model signifies the brand's initial venture into automatic paper cutting. The Print & Cut system makes use of the state-of-the-art Brother Blade Sensor Technology (BST) to ensure precise cutting of full letter pages. Positioned as a versatile choice, the Print & Cut is aimed at consumers who require a compact, all-in-one printer for their daily printing needs.
Printer Market Leaders
-
HP Inc.
-
Canon Inc.
-
Seiko Epson Corporation
-
Brother Industries, Ltd.
-
Xerox Corporation
*Disclaimer: Major Players sorted in no particular order
