Leading HCP Printer Suppliers in ASEAN Region: IDC
Market Overview
IDC's Latest Report
According to IDC, the Asia/Pacific (excluding Japan) (APEJ) hardcopy peripherals (HCP) market grew by 8.9% year-over-year (YoY) in Q1 2023, with 4.1 million units shipped.
The ASEAN region, which comprises Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam, accounted for 36% of the APEJ HCP market in Q1 2023.
Key Trends
The growth in the ASEAN HCP market was driven by several key trends, including:
- Increasing demand for home and office printing
- Growing popularity of multifunction printers (MFPs)
- Expansion of the e-commerce market
Leading Suppliers
Top 5 Vendors
The top 5 HCP suppliers in the ASEAN region in Q1 2023 were:
- HP Inc.
- Epson
- Brother International
- Canon
- Xerox
These vendors accounted for a combined 82% of the market share in the region.
HP Inc.
HP Inc. maintained its position as the leading HCP supplier in the ASEAN region in Q1 2023, with a market share of 33%. The company's strong performance was driven by its wide range of products, including printers, MFPs, and scanners.
Epson
Epson was the second-largest HCP supplier in the ASEAN region in Q1 2023, with a market share of 22%. The company's growth was driven by its strong presence in the inkjet printing market.
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