Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Printer Market Weathered a Weak Q1 says IDC

New Zealand Printer Market Weathered a Weak Q1 says IDC

Auckland, 5th June 2003

New Zealand's economic situation deteriorated in the first quarter of 2003, as a combination of factors such as the rising exchange rate against the US dollar, the power crisis and geopolitical concerns regarding the war in Iraq and the outbreak of Severe Acute Respiratory Syndrome (SARS) have dampened business confidence. Furthermore, summer holidays traditionally extend into Q1, thus shortening the quarter for businesses.

As a result, the total printer market, dominated by inkjet printers which made up of 82.0% of the total printer shipments, weathered a weak Q1 with a growth of 6.1% in shipments over last quarter. A total of 46,314 inkjet, laser, dot matrix and line printers valued at NZ$22.8 million were shipped in Q1 2003. Compared to the same quarter last year the total printer market declined by 8.3% and 5.4% in units and values respectively.

When considering the Asia Pacific region the New Zealand printer market was not as badly affected. Countries such as Korea, Hong Kong and Singapore experienced a decline of 33.1%, 13.2% and 12.5% respectively in shipments over the same period last year.

IDC forecasts the overall printer shipments to grow further by approximately 10% in the next quarter as demand is likely to be

stimulated by new budgets released in both the government and corporate segments. However, overall single function printer shipments could be dampened by the uptake of multifunction devices (MFPs), particularly inkjet MFPs, as vendors increase the hype surrounding inkjet MFPs.

About IDC:

IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and eBusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts local and worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world's leading IT suppliers, IT organisations, eBusiness companies and the financial community. Additional information can be found at

© Scoop Media

Business Headlines | Sci-Tech Headlines


ScoopPro: Helping The Education Sector Get More Out Of Scoop

The ScoopPro professional license includes a suite of useful information tools for professional users of Scoop including some specifically for those in the education sector to make your Scoop experience better. More>>

Big Tax Bill Due: Destiny Church Charities Deregistered

The independent Charities Registration Board has decided to remove Destiny International Trust and Te Hahi o Nga Matamua Holdings Limited from the Charities Register on 20 December 2017 because of the charities’ persistent failure to meet their annual return obligations. More>>

57 Million Users' Data: Uber Breach "Utterly Preventatable"

Cybersecurity leader Centrify says the Uber data breach of 57 million customer and driver records - which the ride-hailing company hid for more than a year - was “utterly preventable”. More>>

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>

Having A Cow? Dairy Product Prices Slide For Fourth Straight Auction

Dairy product prices fell at the Global Dairy Trade auction, retreating for the fourth straight auction amid signs of increased production... Whole milk powder fell 2.7 percent to US$2,778 a tonne. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>


Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>


  • Bill Bennett on Tech