Home News Update HP Dominated Indian printing market with 47% share in Q2 2018

HP Dominated Indian printing market with 47% share in Q2 2018

by Imaging Solution Bureau

With a massive 47%, printing and PC major HP Inc remained the leader in the overall printer market in India, selling 391,940 units in the second quarter of 2018. Epson with 24% market share was second (201,565 units) and Canon Group third with 20% (170,002 units) share in the country in the second quarter, according to the IDC’s Hard Copy Peripherals (HCP) Quarterly Market Report (2018 Q2).

In the Office Printing segment, HP led with 32% share (without Samsung Print) and in the Home Printing segment, the printing and PC major had 42.8% to remain on top. HP in November last year completed the acquisition of Samsung’s printer business in a deal valued at $1.05 billion.

Together, the top three players grabbed 91% of the overall India printer market in Q2 2018. The total units sold in the second quarter were 839,097. Significantly, in the A3 segment category, the new entrant HP jumped to second spot with 15.9% market share (without Samsung Print numbers). Canon led this category with 33% market share.

In the Inkjet printer category, Epson led the market with 47.7% share by volume and 56.9% in value, while HP followed with a volume market share of 32.4% and value share of 25.6%.

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