Ink And Toner Cartridges Boosted By Strong Printer Sales
Sales of ink cartridges and toner cartridges have been boosted by the highest increase in growth for the printer and copier market since the recession.
Data from market research firm IDC shows that during the last three months of 2010 the market grew by seven per cent in comparison to 2009 and the highest since 2007, the Inquirer reported.
In particular, multifunction printers, which use ink cartridges, increased their market share to 67 per cent and inkjet printers remained the industry leader, with 24.5 million units being shipped in the last three months of 2010.
"After experiencing one of the most difficult economic periods in recent memory, the worst is over. It's time for the market to return to normal," said Phuong Hang, IDC's program manager.
This month it was reported that sales of printer, copier and multifunction machines have grown by ten per cent in India – more good news for the sale of ink cartridges.
Posted by Johnny McMaster.