Office-Supply Superstores, Drugstore Chains to Dominate Ink, Toner Cartridge-Refill Market by 2009
Lyra Research, the digital imaging authority (www.lyra.com), projects that large chain stores such as Office Depot, OfficeMax, and Walgreens will dominate the cartridge-refilling market by 2009, outpacing the growth of retail refilling franchises such as Caboodle Cartridge, Cartridge World, Island Ink-Jet, and Rapid Refill Ink. This forecast was recently published in a new Lyra Research report entitled What's in Store for Retail Refillers in North America.
NEWTON, MA (PRWEB) November 3, 2006 -- Retail cartridge-refilling franchises have proliferated over the past two years, but Lyra Research, the digital imaging authority (www.lyra.com), projects that office-supply superstores such as Office Depot and OfficeMax, along with drugstore chains such as Walgreens, will dominate the retail refilling landscape by 2009, when these stores will account for 62 percent of retail cartridge-refilling locations in North America, up from seven percent in 2005.
Retail ink and toner cartridge-refilling franchises such as Caboodle Cartridge, Cartridge World, Island Ink-Jet, and Rapid Refill Ink will continue to open new stores at a rapid pace over the next few years as the entire cartridge-refilling market grows, but their share of retail locations will decrease from 62 percent in 2005 to only 29 percent in 2009. (See figure: http://ww1.prweb.com/prfiles/2006/11/02/470834/retailrefillinkjettonercartridges.jpg) The cartridge-refilling market is examined in depth in Lyra's new report What's in Store for Retail Refillers in North America.
"The explosion of franchised refill stores over the past two years demonstrates the frustration of businesses and consumers with the high cost of OEM ink jet and toner cartridges, and they are looking for inexpensive alternatives. But large chain stores that enter the refilling market have the infrastructure and marketing engine already in place to become major players quickly. Consumers also enjoy the convenience of refilling cartridges while shopping for other items, rather than making a separate trip to a franchised refill shop," comments Tom Baratz, an industry consultant in Lyra Research's Custom Research and Consulting Group.
What's in Store for Retail Refillers in North America is a comprehensive report covering retail toner and ink cartridge refilling. In addition to forecasting the size of the market, the report includes the results of more than 40 in-depth interviews with owners of independent refilling stores, executives at several major franchises, ink and toner cartridge remanufacturers, suppliers, and other industry experts. With over 60 pages of information and 20 data-packed charts, the report answers the following questions:
· How large is the refiller market opportunity in North America?
· Who are the target customers of refillers?
· What marketing strategies are refillers using and are they sustainable?
· When will the retail refilling market in North America reach a saturation point?
· How much market share will retail refillers take away from OEMs and other aftermarket suppliers?
· What impact will retail cartridges refillers have on the supplies industry?
This report sells for $1,995 and is available for immediate download here: http://lyra.ecnext.com/coms2/summary_0290-541_ITM.
About Lyra's Custom Research and Consulting Group
Lyra's Custom Research and Consulting Group is a team of consultants with many years of experience in both imaging and research and with a wide range of competencies, including product development and marketing, primary research, and IT and management consulting. We combine our complete range of research skills and tools with an extraordinary level of client service to address your most pressing information needs. Our senior consultants each have more than 20 years of imaging industry and market research experience and bring a combination of creativity and pragmatism to each client's project. (To discuss a specific research project or consulting need, contact Sandy Tobin, at 617-454-2612, first initial last name at lyra dot com)
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