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  Canon Cameras Push Revenues Up

By Mendelson Tiu | Thursday | 2010-01-28

After experiencing growth in the digital compact camera and digital SLR camera categories for the period January to September of last year, Canon Oceania has reported that its consumer imaging products have seen a 19 per cent growth in revenue for 2009.
According to Canon, its PIXMA range achieved the long-held goal of inkjet printer market leadership, increasing market value and volume share to secure the #1 position at 33.5 per cent and 33.9 per cent, respectively. In addition, its Canon EOS achieved #1 market share by value in DSLR of 54 per cent, while its Canon IXUS and PowerShot achieved #1 market share by value in DSC, recording 23 per cent.

Canon Australia and New Zealand Managing Director, Kenji Kobayashi, said that in spite of a challenging business environment and a dampened local economy, the results were testimony to Canon's innovative marketing campaigns and evolving business model.

"Our consumer imaging products – cameras, digital cameras and video cameras – have seen a 19% growth in revenue with the Single Lens Reflex (SLR) camera category seeing an extremely strong 42% growth in revenues. In inkjet printing, I am very proud that our PIXMA brand has achieved our long-held goal of market leadership in 2009, securing the #1 share for volume and value."

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