Future Graphics speak on MFPs

Details Why Laser-based MFP Proliferation and Non-Traditional OEM Inroads into the Enterprise Channel Spells Great Future for Remanufacturers 

At Recharger Magazine’s Review 2007 Summit in February, in San Antonio, Texas, Future Graphics presented encouraging news in a seminar focused on the new channels and opportunities that laser-based Multi-Function Printers (MFPs) present.

Speaking to 80 industry representatives, Luke Goldberg, Senior Vice President, Future Graphics, delivered a powerful message about the trend in MFPs and their positive implications for the R & R industry.  Entitled “Laser-Based MFP Proliferation: New Channels and Opportunities for the Remanufacturing Industry,” Luke detailed all the key products and their anticipated demand, as well as trends in monochrome and color and the players to watch. Mr. Goldberg also reviewed OEM offerings across the distribution matrix and analyzed the channels of sales and distribution.

“As I stated in my presentation,” said Mr. Goldberg, “one very interesting aspect of the MFP proliferation is that HP is attempting to wrestle market share from Xerox in the Enterprise channel. This allows traditional copier offerings to be replaced by laser-based consumables which would obviously be very positive for our industry.”

Across all channels, MFP growth was significant in 2006.  According to Lyra, monochrome MFP shipments were up 8.6% and color MPF shipments were up 38.1%.  Since MFPs are laser printer-based, the remanufacturing industry will have an immediate opportunity for sales and service.  Consumables consumption will also be higher due to the broad MFP capabilities and increased usage of color.