The W. European printer and multifunction (MFP) market sees shipments decline by -1.5% Y-o-Y in Q3 2016, IDC reports-- with negative performance in inkjet printers but a positive trend for the laser market.
Shipments total 5.3 million units with a 78407 decrease compared to last year. The analyst blames such declines on the contraction in consumer printing, even if it is "relatively in line" with forecasts.
That said, revenues are on the up-- specifically by 3% Y-o-Y-- with business inkjets leading to a small 1.5% increase in inkjets, and laser revenues growing by 3.2%. Meanwhile laser printers increased by 1.9% in Q3 2015, a "sharp contrast" with the negative trend seen in W. Europe for the past 5 quarters. Laser revenues increased more than shipments, indicating prices in many markets and are holding, leading to a laser ASP increase of 1.2% in Q3 2016.
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