printer-market

India A4 printer market witnesses 8% decline in first quarter, records 7.9 lakh unit shipments

The India A4 printer market comprising of Inkjet, DMP and Laser printers registered an 8% sequential decline in 1Q CY2015 over 4Q CY 2015. The market grew marginally by 2% on a year-on-year basis in 1Q CY2015. This was revealed in CMR’s India Monthly A4 Printer Market Review. HP remained market leader with a 48% share in terms of unit shipments in 1Q CY2015. The vendor witnessed an 8% sequential decline in shipments in 1Q CY2015 vis-à-vis 4Q CY2014. Epson was placed at number 2 spot, followed by Canon.