Press release

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

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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 phang@idc.com.

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About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology, IT benchmarking and sourcing, and industry opportunities and trends in over 110 countries. IDC’s analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly owned subsidiary of International Data Group (IDG), the world’s leading tech media, data, and marketing services company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Blog for industry news and insights.

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