Retail Value of Toner to Grow to $14.2 Billion by 2005
(Norwell, MA) August 27, 2002 -- In a recently published research report from CAP Ventures, analysts examine the world toner market, forecast future growth rates, identify key growth segments, and discuss trends and developments in the industry. The results of the study have been published in a CAP Ventures report entitled World Toner Report Demand Forecast and Production Estimates.
CAP Ventures research shows the retail value of toner growing at a compound annual growth rate (CAGR) of 8.4% over a five-year forecast period between 2000 and 2005. This will bring the retail value of toner to $14.2 billion in 2005. Most of the growth will take place on the printer side or in any full color segment.
The retail value of the printer/printer-based MFP market is expected to grow at a CAGR of 11% over the forecast period, from $5 billion in 2000 to $8.6 billion in 2005. In comparison, the copier/copier-based MFP side will grow at a much slower rate of 5% CAGR, from $3.7 billion in 2000 to $4.8 billion in 2005.
“While the market continues to grow, the printer segments and color devices are carrying all of the growth. If not for networked digital copiers, the entire copier segment would be in decline,” commented John Shane, Director of CAP Ventures’ Communication Supplies Consulting Service. “On the other hand, ongoing competition between the OEMs and the aftermarket continues to be a relative stalemate, with the exception of a small aftermarket boost as a result of the 2001/2002 recession in the United States. In the future, the question is how the aftermarket will compete in the full color area and what role chemically produced toner will play.”
While toner used in color devices still represents a small fraction of all toner pounds, it is growing very quickly. From 2000-2005, CAP Ventures estimates that consumption rates of toner, in terms of pounds, will grow from 31.1 million pounds to 70.4 million pounds, a 24% CAGR.
CAP Ventures’ World Toner Report is divided into four sections: World Demand Forecast, World Consumption by Engine Manufacturer, Aftermarket Penetration, and World Toner Producers. The report is a series of charts with narrative on key points to take from each chart. Forecast tables are also included.
The complete findings of this study are available immediately to clients of CAP Ventures’ Communication Supplies Consulting Service. To learn more about the study or make a purchase, please contact Scott Phinney at (781) 871-9000, ext. 123 or
[email protected].
CAP Ventures’ Communication Supplies Consulting Service provides executives and senior managers with information and advice relating to supplies used by a wide range of electronic imaging devices, including copiers, digital printers, fax machines, and multifunction devices.
CAP Ventures is a strategic consulting firm for providers and users of business communication technologies and services. We deliver key research, analysis, forecasting, benchmarking, and strategy recommendations to make a competitive difference in our clients’ businesses. Additional information about CAP Ventures is available on the Web at www.capv.com.