(Weymouth, MA) May 11, 2005…According to a new forecast released by InfoTrends/CAP Ventures, the world toner market is projected to experience steady growth through 2008. The printer market currently dominates the demand for toner, representing an 8% compound annual growth rate (CAGR) by 2008, reaching 412 million pounds used and nearly $12 billion in revenues.
A small amount of growth in the overall copier market continues to occur, largely because of Universal Copier/Printers (UCPs). UCPs are expected to see strong success in the copier market, and this will cause overall toner demand to rise even though total copy volume may decline.
InfoTrends/CAP Ventures’ new forecast entitled World Toner Report: 2003-2008 provides an outlook for world toner in terms of pounds and millions of dollars at retail pricing through 2008. The market is presented from a number of different angles, including device type, monochrome vs. color, and monocomponent vs. dual-component. The report examines regional demand by engine manufacturer, demand for OEM vs. aftermarket products, and production trends.
Key findings from the report include:
“Overall, toner consumption continues to grow on a worldwide basis, with the U.S. retaining about half of world demand,” commented John Shane, Director at InfoTrends/CAP Ventures. “The Rest of World remains relatively small but is experiencing the greatest amount of growth, while the Western European region is currently demonstrating the most sluggish growth.”
The forecast is available immediately to clients of InfoTrends/CAP Ventures’ North American Communication Supplies Consulting Service. For more information about the report or to make a purchase, please click here to visit our online store or contact Alison Hipp at , ext. 126 or .
InfoTrends/CAP Ventures is the leading worldwide market research and strategic consulting firm for the digital imaging and document solutions industry. We provide research, analysis, forecasts, and advice to help clients understand market trends, identify opportunities, and develop strategies to grow their businesses. Additional information about InfoTrends/CAP Ventures is available on the Web at www.infotrendsresearch.com.