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The Indian printer cartridge market is being driven by the growing print consumables market and rising consumer disposable incomes in the region. The growing popularity of ink tank printers among consumers is further aiding the industry growth. The government sector, among other end uses, is driving the growth of the copier market by implementing stringent regulations and carrying out tight monitoring of the refurbished copier market. The growing acceptance of technology and increasing demand for convenient services in the region is expected to further aid the growth of the printer cartridge industry in India over the forecast period.
The growing consumer preference for devices with advanced and easy to use features is leading manufacturers to develop new product variety, which is expected to aid the industry growth further. In November 2020, Dell Technologies Inc (NYSE: DELL), a key player in the industry, introduced Dell EMC PowerOne autonomous infrastructure, which integrates PowerEdge compute, PowerMax storage, PowerSwitch networking, and VMware virtualisation into one system, along with a built-in intelligence engine, in order to make deploying, managing, and consuming IT easier for firms and organisations, so consumers can focus less on managing technology and more on benefitting from it. Such developments are expected to aid the growth of the Indian printer cartridge market globally in the forecast period.
Market Breakup by Printer Types, Sector, and End Use:
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The major players in the Indian printer cartridge market are HP Development Company, L.P, Epson India Pvt. Ltd., Canon India Pvt. Ltd., Samsung, Brother International (India) Pvt. Ltd., Dell, and others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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