Industrial Printer Shipments Show Modest Decrease in Q2 2022, According to IDC
NEEDHAM, Mass., September 12, 2022 – Industrial printer shipments declined 1.6% 12 months over 12 months within the second quarter of 2022 (2Q22), in accordance with new information from the Worldwide Knowledge Company (IDC) Worldwide Quarterly Industrial Printer Tracker.
“The worldwide market continues to be hindered by provide chain challenges and different disruptive world occasions,” mentioned Tim Greene, analysis director, Hardcopy Options at IDC. “Whereas we’re seeing some actually sturdy developments that point out power on the demand aspect, the provision of merchandise throughout the board continues to be questionable, and that could be a issue for the economic printer market in 2022.”
Q2 2022 Highlights
- Massive format digital printer shipments declined nearly 2.5% on a worldwide foundation in comparison with Q1 2022.
- Direct-to-garment (DTG) printer shipments grew 22% in 2Q22 when in comparison with the earlier quarter. Greater finish unit development drove stable good points in system worth.
- Direct-to-shape printer shipments grew 5.2% in 2Q22 in comparison with 1Q22.
- Industrial digital label & packaging printer shipments grew 10.6% in comparison with the earlier quarter.
- Industrial textile printer shipments declined 28% in comparison with 1Q22.
Regional Evaluation
“Greater than any explicit trade or know-how section the adjustments in regional markets have been what drove whole shipments decrease for the quarter,” famous Greene. Regional outcomes for 2Q22 embrace the next highlights:
- Shipments within the Central & Japanese European market have been down practically 45% as extra world distributors restrict their actions within the area as a result of battle within the Ukraine.
- Shipments in China declined by 17% in comparison with 1Q22 whereas shipments in Japan declined by 13% in comparison with 1Q22.
- Shipments in North America (US + Canada) grew greater than 12% in comparison with the earlier quarter.
- Modest development in Western Europe, Latin America, and the Center East & Africa areas helped offset among the declines in different areas.
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Worldwide Industrial Printer Shipments and Cargo Worth Share and Sequential Progress, Q2 2022 |
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Product Class |
2Q22 Share of Shipments |
2Q22/1Q22 Cargo Progress |
2Q22 Share of Cargo Worth |
2Q22/1Q22 Cargo Worth Progress |
|
Direct to Garment |
1.4% |
+28% |
6.5% |
+52% |
|
Direct to Form |
1.2% |
+5.5% |
2.8% |
+4.7% |
|
Industrial Textile |
0.5% |
-30% |
7.0% |
-45% |
|
Label & Packaging |
0.3% |
+11.9% |
11.1% |
+25.5% |
|
Massive Format |
96.3% |
-2.3% |
72.6% |
+2.2% |
|
Whole |
100% |
1.9% |
100% |
+9.5% |
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Supply: IDC Worldwide Quarterly Industrial Printer Tracker, September 2022 |
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Outlook for the Second Half of 2022
Uncertainty continues to be the dominant theme within the industrial printer market. Though most of the world provide chain points improved within the second quarter, world occasions are nonetheless impacting the trade. Along with any lingering provide chain issues, inflation and a possible recession proceed to cloud the outlook for the second half of 2022 and past. Nonetheless, most of the demand drivers are constructive and that has helped offset among the market disruption brought on by these world issues.
IDC’s Worldwide Quarterly Industrial Printer Tracker offers whole market dimension and vendor share for 5 main market classes: massive format, label and packaging, direct to garment, industrial textile, and direct to form. Along with models, cargo worth, and common promoting worth (ASP), the Tracker additionally offers market outcomes for every product class by ink kind, media dimension, {hardware} class, or main software throughout 9 geographic areas and 90 nations.
About IDC Trackers
IDC Tracker merchandise present correct and well timed market dimension, vendor share, and forecasts for a whole bunch of know-how markets from greater than 100 nations across the globe. Utilizing proprietary instruments and analysis processes, IDC’s Trackers are up to date on a semiannual, quarterly, and month-to-month foundation. Tracker outcomes are delivered to shoppers in user-friendly Excel deliverables and on-line question instruments.
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About IDC
Worldwide Knowledge Company (IDC) is the premier world supplier of market intelligence, advisory providers, and occasions for the knowledge know-how, telecommunications, and shopper know-how markets. With greater than 1,300 analysts worldwide, IDC affords world, regional, and native experience on know-how, IT benchmarking and sourcing, and trade alternatives and traits in over 110 nations. IDC’s evaluation and perception helps IT professionals, enterprise executives, and the funding group to make fact-based know-how selections and to attain their key enterprise goals. Based in 1964, IDC is a completely owned subsidiary of Worldwide Knowledge Group (IDG), the world’s main tech media, information, and advertising providers firm. To be taught extra about IDC, please go to www.idc.com. Comply with IDC on Twitter at @IDC and LinkedIn. Subscribe to the IDC Weblog for trade information and insights.
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