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12 Printer Companies Leaving Their Mark On 2022

Shane Snider

For Printer Week 2022, we take a look at a dozen top printer vendors who are inking deals with channel partners with new products and services.

Like the rest of the world, the print industry has been on a rollercoaster ride since the start of the pandemic. Remote work initially sent workers scrambling for home printers and supplies and sent demand soaring. As companies began bringing people back to the office, that demand for home supplies started fading. Consumer sales started showing softening in the printer market in the early part of 2022 and worsened as spring COVID-19 lockdowns in China exacerbated an already snarled supply chain.

Still, business print sales remain strong, and companies are shifting to focus on hybrid work solutions and subscription models that will capitalize on the future of work. The top printer companies have been nimble enough to navigate those treacherous supply woes while pivoting their business models quickly.

 As part of CRN’s Printer Week, CRN takes a closer look at 12 of the printer companies making their mark on 2022:

Brother

Japanese printer giant Brother posted strong results in the first quarter of its current fiscal year ending March 31, 2023 despite supply chain issues plaguing the print industry and a slowdown in the consumer tech market. The company pulled in $1.38 billion (converted from 199.7 billion yen), a 14.8 percent increase from the same period in the previous fiscal year.

David Fisher, senior sales manager for the VAR channel for Brother USA, told CRN that hybrid work is fueling new opportunities for the company, including a shift to subscriptions for hardware, supplies, services and support. “This hybrid working environment has really given us an opportunity to address some changing needs with print and documents as well,” he said.

Notable Products:

MFCJ5855DW Color Inkjet All-In-One

HLL3290CDW Compact Digital Color Printer

MFCL9570CDW Business Color Laser All-in-One

Refresh EZ Print Ink & Toner Subscription

Canon

Japanese imaging behemoth Canon reported a 13.3 percent year-over-year increase in revenue for its second quarter ending June 30. The company posted strong sales in its printer segment despite a shortage in semiconductor chips slowing shipments. Canon gained serious ground in unit sales of both cartridge printers and refillable in tank printers and supplies. Overall, the print unit’s net sales increased 15.9 percent year over year.

The company offered a mixed outlook in its earnings report: “…demand for office MFDs and laser printers are expected to remain solid. However, there is a concern that the demand for services and consumables will be affected by the slow recovery in office work. Demand for inkjet printers is expected to remain solid due to increasingly widespread remote work and education in response to the impact of the COVID-19 pandemic.”

Notable Products:

imageCLASS D1620 - Multifunction, Wireless, Mobile Ready, Duplex Laser Printer

imageCLASS MF452dw - All-in-One, Wireless, Mobile Ready Laser Printer

The eCarePAK Extended Service Plan

 
Shane Snider

Shane Snider is a senior associate editor covering personal computing, mobile devices, semiconductor news, hardware reviews, breaking news and live events. Shane is a veteran journalist, having worked for newspapers in upstate New York and North Carolina. He can be reached at ssnider@thechannelcompany.com.

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