Photo Printing Market Demand, Investment And Forecast 2027

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Summary:

A new study title” photo Printing market size, status and forecast 2027” has been featured on market research future.

 

Market Overview:

Market Research Future (MRFR) presumes The Global  Photo Printing Market size to hit USD 26,113.0 Million at a CAGR of 12.3% from 2018 to 2023 (forecast period). The increasing use of smartphones, tablets, and digital cameras is leading to high-quality photo capturing capabilities that drive the growth of the photo printing industry. Increased demand for photo printing for decorative purposes also has an impact on the development of the industry. Factors such as the rising adoption of photo printing products and services and the increasing tendency towards variable data printing and customization are fuelling the growth of the market for photo printing. The development of advanced photo printing technology and the availability of instant printing technologies are also propelling the growth of the photo printing industry.

 

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Key Players:

The significant players of the global photo printing market are included as Snapfish (US), Cimpress (Netherlands), Mpix (US), Digitalab (UK), Eastman Kodak Company (Japan), Perion Network Ltd (Israel), Bay Photo Lab (US), Shutterfly, Inc. (US), ProDPI (US) and AdorPix LLC (US).

 

. Segments:

The global market of photo printing has been segmented among the various segments of type, printing device, and end-use application.

Based on the type segment, the market has included digital printing and film printing.

By the segment of the printing device, the market has included mobile type and desktop type.

By the segment of end-use applications, the market has included online stores, instant kiosks, retail, and over-the-counter.

 

Regional Analysis:

Europe, Asia-Pacific, North America, and the Rest of the World are the regions included in the study of the global market of photo printing regional analysis.

The region of North America acquired the largest market share back in the year 2017, owing to the rising trend of content sharing on social media platforms. This has indirectly impacted the growth of the photo printing market in this region.

In fact, the purchase rate of mobile or portable photo printers for individual use in the US and Canada is elevated, which leads to the augmentation of this market. In fact, the region of Asia-Pacific is also likely to be the fastest-growing region throughout the estimated period as the innovation in digital cameras by companies such as Sony Corporation and Panasonic Corporation. These companies have enabled the consumers to directly print their photos on merchandise, albums, mugs, cards, wall decor, and gifts. The market in China is likely to expand at an advanced rate than most of the countries around North America and Europe at an average year on year growth of nearly 20%.

 

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About Us:

Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.

We at MRFR provide syndicated and customized reports to clients as per their liking. Our consulting services are aimed at eliminating business risks and driving the bottomline margins of our clients. The hands-on experience of analysts and capability of performing astute research through interviews, surveys, and polls are a statement of our prowess. We constantly monitor the market for any fluctuations and update our reports on a regular basis.

 

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