omniture

CCID Consulting: China's Color Laser Printer Encounters Bottleneck

2008-11-11 19:15 1217


BEIJING, Nov. 11 /Xinhua-PRNewswire/ -- CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently analyzed China's printer market in 2008Q3.

In 2008Q3, affected by the global financial crisis and reduction in purchase during the Olympic Games, China's printer market continues its downslide trend. CCID Consulting's data shows that sales volume of China's printer market in 2008Q3 reached 1.8344 million sets, down 8% year-on-year; sales revenue reached 2.282 billion Yuan, down 11.9% year-on-year.

As for market segments, both inkjet and laser printers reviewed a downturn in 2008Q3: the sales volume of inkjet printers reached 1.1957 million sets, down 10.8% year-on-year; the sales volume of laser printer reached 408,100 sets, down 5.8% year-on-year. Stylus printer, a product with increasing maturity, performed well with a sales volume of more than 200,000 sets, up 3.3% year-on-year, as requirements for product upgrade pushed up demand.

Figure 1: Sales Volume and Growth of China's Printer Market in 2008Q3

http://www.ccidconsulting.com/upload/13932.jpg

Source: CCID Consulting: Oct. 2008

Color Laser Sale Encounters Bottleneck, FujiXerox, Lenovo and Lexmarx Have the Largest Decrease

The increasing demand of colored printing products in offices drives the development of color laser printers. China's color laser printer market enjoyed stable growth between 2001 to 2007, but affected by the downturn in the general economic environment, the market came to a standstill in 2008. The market was difficult during the first three quarters in 2008, and in 2008Q3, the purchase demands in finance, government and education industries reduced rapidly, and for the whole year, sales volume of China's color laser printers was down 14.5% year-on-year. According to CCID Consulting, the prospect for China's color laser printers remains good, although high prices and expensive maintenance costs may restrict the growth of color laser printers. As for brand segment, nearly all major color laser printer brands experienced a fall in sales volume, but relatively speaking, Samsung, Brother, HP and Canon outperformed counterparts such as FujiXerox, Lenovo and Lexmarx.

Growth in A3 format products with demands from Media, Education and Printing Service Industries

As a core component in the media and printing service industries, A3 format printers maintained stable growth trend in 2008Q3, with sales volume up 5.6% year-on-year. Price drop is the major impetus of A3 products' growth. Media, education and printing service industries are the major users of A3 format printers. With the statements and page printing demands' increase in finance, telecommunications, transportation, communications and government industry, their demands for A3 format products' demands also increase.

Figure 2: Sales Volume Structure and Change of China's Printer Formats, 2007Q3-2008Q3

http://www.ccidconsulting.com/upload/13933.jpg

Source: CCID Consulting: Oct. 2008

About CCID Consulting

CCID Consulting Co., Ltd. (hereinafter known as CCID Consulting), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: 8235.HK), is directly affiliated with China Center for Information Industry Development (hereinafter known as CCID Group). Headquartered in Beijing, CCID Consulting has so far set up branch offices in Shanghai, Guangzhou, Shenzhen, Wuhan and Chengdu, with over 300 professional consultants after many years of development. The company's business scope has covered over 200 large and medium-sized cities in China.

Based on major areas of competitiveness: industrial resources, information technology and data channels, CCID Consulting provides customers with public policy establishment, industry competitiveness upgrading, development strategy and planning, marketing strategy and research, HR management, IT programming and management. CCID Consulting's customers range from industrial users in electronics, telecommunications, energy, finance, automobile, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to becoming the No. 1 advisor for enterprise management, the No. 1 consultancy for government decisions and the No. 1 brand for informatization consulting.

For more information, please contact:

Cynthia Liu

Coordinating Manager

CCID Consulting Co., Ltd.

Tel: +86-10-8855-9080

Email: liuyan@ccidconsulting.com

Source: CCID Consulting Co., Ltd.
Related Stocks:
HongKong:8235
collection