How did Printer and Printer Supply Market Share Changed from 2010 to 2011 in US?

Like all other markets in the US, the printer manufacturing market has seen its own version of decline in relation to the global economic meltdown of 2008. As markets from all over the world crashed and experienced significant decline, printer manufacturers from all over the world had to make adjustments to make sure that they do not crash as much as their other counterparts.

 

The Printer Market in 2010

 

The printer market in the US, despite the decline it has experienced in late 2008 and 2009, has rebounded a little bit together with the global economic recovery. In the first 6 months of 2010, total sales for laser printers in the country shot up to almost USD490 million. Inkjet printers on the other hand, also experienced an increase in sales amounting to almost 28% for the first half of 2010 as per Gartner, Inc reports.

 

To differentiate the two, inkjet printers have a different technology used in printing compared to a laser printing. For people or groups who print a lot of text heavy documents, a laser printer may be the better option as it can print faster and is cheaper to print documents with it. Inkjet printers, on the other hand, are perfect for those who use pictures with their documents.

 

Printers are mainly imported in the US with several countries amassing a large pile of the printer market share in the country. China, Japan and Malaysia are the country’s biggest supplier of printers in 2010 with China almost tripling the amount of printer it sold in the United States in the data released by Gartner Inc.

 

On the export side, Canada, Brazil and Peru are the biggest consumer of US-made inkjet printers amounting to almost USD70 million. Comparing the two numbers (USD490 Million v. USD70 Million) though, we can conclude that more printers (laser or inkjet) are being imported to the US as opposed to the printers being exported out.

 

Looking ahead in 2011

 

Though many will still dispute the argument of whether the recession is really over, the numbers and projections for a lot of US and overseas printer companies have looked promising so far. Most of them see an increase in printer sales in 2011.

 

Companies like Konika Minolta, Eastman Kodak, Lexmark, Fuji Xerox and HP have all projected an increase in digital printer sales over the next year. While these press release figures still remain to be determined, many printer manufacturers have had a good start to 2011 by posting good numbers during the last quarter of 2010.

 

If the trend in 2010 will continue, then US-based companies and foreign companies that manufacture digital printers should be in for a great year. With the prices of such products going down almost every release, many consumers today will be more encouraged to purchase one of these printers. These companies are continuously looking for new ways to entice customers while improving their products and driving down their costs.

 

With the global economy experiencing an uphill albeit very slow recovery, businesses must find ingenious ways to get their customers attention and offer products that are functional and affordable at the same time.

This Article is written by John C Arkin.



Disclaimer

PrintCountry offers a wide range of replacement cartridges, generic printer supplies, remanufactured and recycled printer inkjet cartridges for various brands like HP.com , Dell.com, Epson.com, BrotherUSA.com, Lexmark.com, Samsung.com, Canon.com and other brands less known than HP, Epson, Brother, Dell like Pitney Bowes, Minolta, Mita, Kodak printers. All brand names mentioned on this page are used for demonstrative purposes only. PrintCountry is not associated, affiliated or connected with. At PrintCountry.com besides offering deep discounted warehouse prices and online shopping offers and promotions for compatible toner cartridges, replacement printer ink cartridges, you can also find printer reviews about the most popular, best rated, newest printers, coupons and promos for other printing equipment manufacturers, do it yourself guides from friendly kid projects using your printer to great gift ideas using things like photo paper and your printers features. Whether you would like to buy your printer supplies online at discount prices, or save a bunch on cheap ink cartridges without sacrificing from quality prints, we hope you will find our website a good resource & guide to your print supply shopping needs.


Why Shop at PrintCountry.com?
 
All brand names and logos mentioned on this page are used for demonstrative purposes only.
These brand names are registered trademarks of their individual parent companies.