A Booming Industry
With the worldwide sale of printers increasing by almost 15% each year, the ink and toner cartridge industry now represents a $30 billion market. Printer cartridge refill/recycle products can potentially capture as much as 70% of the printer cartridge aftermarket. According to one research conducted by a Chicago based company, three times as many consumers would rather refill their empty cartridge than buy a new one. According to the same research, 54% of consumers have indicated their preference for saving money by having their empty ink jet cartridges refilled. This is not surprising when you consider our insatiable appetite for computers and digital cameras. More computers and digital devices mean a higher demand for affordable printers. As printer prices continue to drop, demand for ink and toner will continue to rise rapidly. With such a huge demand and with today’s emphasis on environmental concerns, it’s easy to understand the potential of the cartridge refill/recyle industry. In fact, 2009 retail sales are expected to be double 2006 sales. Consumers and businesses alike will always search for product suppliers that offer exceptional value, quality, convenience and service. Ink2Go Ink Refilling Station is perfectly positioned to meet their printer cartridge needs with franchise partners who own and operate retail oriented stores that serve the consumer and business market with ready-to-sell inventory and a knowledgeable sales staff. A Growing Demand Customer demand is fueling the incredible growth of the inkjet and toner cartridge industry. By 2009, unit sales of refilled ink and toner sold at retail stores is projected to double over 2006, according to Lyra Research.
This growth in the cartridge refill industry is brought about by increasing popularity of digital imaging devices such as digital cameras and camera phones, as well as increased ownership of desktop computers and printers. Customers and businesses alike are looking for a retailer that can offer them exceptional value, convenience and service. Ink2Go is perfectly positioned to meet their needs with neighborhood retail locations, ready-to-sell inventory and a knowledgeable sales staff. Industry Facts Customer demand is fueling the incredible growth of the inkjet and toner cartridge industry. By 2009, unit sales of refilled ink and toner sold at retail stores is projected to double over 2006, according to Lyra Research.
This growth in the cartridge refill industry is brought about by increasing popularity of digital imaging devices such as digital cameras and camera phones, as well as increased ownership of desktop computers and printers. - Total Global Ink and Toner Industry is projected to reach $70 Billion by 2009.
- Cartridge refilling and remanufacturing industry isprojected to reach $17 Billion by 2009.
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