Hardcopy Peripherals Market Share

Updated: 6 September 2022

Worldwide Hardcopy Peripherals Shipments Contracted 3.9% Year Over Year in the Second Quarter of 2022, According to IDC

NEEDHAM, Mass., September 6, 2022 – Worldwide shipments of hardcopy peripherals declined 3.9% year over year to 22.0 million units in the second quarter of 2022 (2Q22). Shipment value decreased 5.3% year over year during the quarter to $9.6 billion, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Hardcopy Peripherals Tracker. Persistent supply shortage continued to affect the HCP market and full inventories are not expected until 2023.

Notable highlights from the quarter include:

  • IDC expects shipments for the remainder of 2022 to be inconsistent across most segments, with significant amounts of new products being diverted to fulfill back orders and tenders rather than for new business.
  • In terms of regional markets, APeJC and PRC outperformed all other regional markets in the top 5, posting year over year unit gains of +7.4% and +1.0% respectively. The growths were mainly driven by economic recovery across all countries in APeJ compared to the same period last year. On top of that, supply and logistics issues also saw improvements over the past few quarters. Large-scale promotional activities on June 18 in PRC also played a role in boosting the sales of ink cartridge printers.
  • Canon, the top 2 company, recorded +10.0% year over year growth, with more than 4.4 million units shipped. Canon’s overall supply was better in Q2 for 4-in-1 ink cartridge printers than for 3-in-1 ink tank printers. There were new commercial models introduced and Canon was hoping for inkjet to make up for the gap left behind by its previous models’ discontinuation.

Worldwide Hardcopy Peripherals Market, Unit Shipments, Company Share, and Year-Over-Year Growth, Q2 2022

Companies 2Q22
Unit Shipments
Market Share
Unit Shipments
Market Share
1. HP Inc. 8,710,441 39.6% 9,074,276 39.6% -4.0%
2. Canon Group 4,415,942 20.1% 4.014,765 17.5% +10.0%
3. Epson 3,875,415 17.6% 4,875,561 21.3% -20.5%
4. Brother 1,857,205 8.4% 1,783,552 7.8% +4.1%
5. Pantum 486,107 2.2% 377,297 1.6% +28.8%
Others 2,660,017 12.1% 2,777,547 12.1% -4.2%
Total 22,005,127 100.0% 22,902,998 100.0% -3.9%

Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, August 5, 2021


  • IDC tracks A2-A4 devices in the Quarterly Hardcopy Peripherals.
  • 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.

Interested in Other Devices or Data Information?
Click link below to view more pages like this.

Contact Us