Electrophotographic Marking Supplies: A Global Strategic Business Report
San Jose, CA (PRWEB) April 1, 2010
Electrophotographic process is used in digital printers, copiers, and color and black and white printers. In recent years, volume growth in the laser printer market has surpassed revenue growth rates due to the increasing adoption of low-cost laser printers.
The United States, Europe and Asia-Pacific dominated the global electrophotographic marking supplies market with approximately 70% share of sales for 2009, as stated by the new market research report on Electrophotographic Marking Supplies market. The market for printing supplies was adversely affected by the economic recession, owing to the overall decline in print volume. With firms focusing efforts on lowering costs incurred on office supplies, the sales of printing supplies and consumables witnessed a decline. Economic recession is also expected to influence future trends, with slower adoption of color printing coupled with sustained demand for monochrome applications. Manufacturers and distributors of printing supplies/consumables such as toners and cartridges are challenged by the increasing availability and popularity of remanufactured and refilled products. In addition, sales are also affected by the widespread availability of numerous counterfeits, clones and compatible alternatives.
Asia-Pacific represents the fastest growing regional market for electrophotographic marking supplies such as toners and cartridges. The high growth of computer and printer sales and growing popularity of digital photography is enhancing the demand for cartridge replacements. China has emerged as one of the leading centers for the production of printer consumables.
Cartridge remanufacturing sector offers vast growth opportunities, owing to favorable amendments made to fair-competition regulations, which have led to increased consumer acceptability of such products. Growing awareness about environment among corporate customers is also fostering drive towards reduction in e-waste, thereby propelling the demand for remanufactured products. The recession is also contributing to increased sales of low-cost compatibles and refills for cartridges.
The market for printer hardware and supplies is an intensely competitive market place, particularly in terms of pricing, product features and product innovation. Key players profiled in the report include Brother International Corporation, Canon U.S.A. Inc., Dell Inc., Hewlett-Packard Company, Konica Minolta Business Solutions, U.S.A. Inc., KYOCERA MITA Corporation, Lexmark International Inc., Oki Data Americas Inc., Ricoh Company Ltd., InfoPrint Solutions Company, Xerox Corporation, Samsung Electronics Co. Ltd., Seiko Epson Corporation, and Toshiba Corp.
The report titled "Electrophotographic Marking Supplies: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a review of market trends, and recent industry activity. The study analyzes market data and analytics in terms of value sales for markets including the United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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