Seiko Epson Corporation (TSE: 6724, "Epson") launched its first high-capacity ink tank inkjet printer in October 2010 in Indonesia. Currently, these printers are being sold in about 170 countries and regions. Cumulative global sales of Epson's high-capacity ink tank printers have now surpassed 100 million units.
Epson's high-capacity ink tank printers were developed in response to the needs in emerging economies, and driven by innovation that goes beyond conventional design and sales methods. Since their launch, Epson has transformed the printer business model and established itself as a leader in the high-capacity ink tank printer market.
High-capacity ink tank printers account for approximately 45%1 of the units shipped in the office and home inkjet printer market. Epson continues to maintain the No.11 global market share in high-capacity ink tank printers, thanks to its extensive lineup and brand recognition. This success is due to widespread customer approval of the features of Epson's high-capacity ink tank printers. Customers not only appreciate the lower printing costs and less frequent ink cartridge replacements, but also, with the rise in environmental awareness in recent years, they value that these printers generate less waste and use fewer resources for consumables and other items.
Yoichi Yamada, Executive Officer and Chief Operating Officer (P Office & Home Operations Division) at Epson commented, "First of all, we would like to express our deepest gratitude to everyone who has purchased our high-capacity ink tank printers. High-capacity ink tank printers are significantly different from conventional cartridge models in terms of design and sales, so we faced many challenges in creating them. However, with the desire to allow customers to print without hesitation, all involved parties came together and decided to launch the product. Now, the values of high-capacity ink tank printers - low printing costs, minimal hassle with ink replacement, and low environmental impact - have led to their widespread acceptance around the world for use in everything from business to children's learning. Going forward, we will continue to pursue and deliver the unique value that only Epson can provide through printing."
1Top share in terms of the number of global high-capacity ink tank products shipped from 2010 to 2024, per research by IDC*. (*Source: IDC's Quarterly Hardcopy Peripherals Tracker 2024Q2, Share by Brand)
*Please note that product names and availability may vary by country and region
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