According to research by IDC, the Western European printer and multifunction (MFP) market declined by 1.5% in unit terms in 3Q16, compared with the same period a year ago. The study also reported a negative performance in the inkjet market but a positive trend within the laser market.
The market has continued to decline quarter after quarter for more than a year now. IDC says that the decline this quarter is again largely due to the contraction in consumer printing and is relatively in line with forecasts.
Revenues grew by 3%; inkjets showed a small 1.5% increase due to business inkjets and laser revenue increased by 3.2%.
The UK recorded a poor performance, with a 5.3% decline, stronger than the negative trend seen in Western Europe. Business inkjet also performed below the regional average, with an 18.4% decrease. Both the laser and inkjet markets declined, but there was very strong growth in A3 inkjet printers (+66%) and A4 laser MFPs (+21.2%).