Press release
Photo Printing Global Market 2017-2022 with 5% CAGR by Top Key Players: Snapfish, Bay Photo, Digitalab, AdorPix LLC, Mpix, Cimpress, Eastman Kodak
Market Highlights:
Factors such as rapid technological advancements, growing demand for online photo sharing are driving the growth of the photo printing market. Whereas, the increasing number of image capturing by smartphones, the evolution of devices within image sharing, changing lifestyles and sharing of photos through social networking platforms are expected boost the growth of the photo printing market over the forecast period.
For instance, Eastman Kodak Company U.S. based company along with Bullitt Group U.K. based company has launched a photography enabled smartphone which has been designed to fulfil an individual’s passion for photography. These new smartphones can capture images of high quality irrespective of the environment.
Also, various manufacturers have adopted Wi-Fi enabled smartphones instant print kiosks as a marketing strategy which is expected to boost the growth of the market over the forecast period. On the other hand, the rising attraction for various electronic devices is a restraining factor of the photo printing market.
The changing lifestyle, adoption of smartphones in developing countries is increasing which in turn increases the social network popularity which leads to an increase in image capturing and also increasing number of smartphones with improved broadband as well as wireless connectivity is expected to boost the growth of online photo sharing through various platforms.
Although, the growing attraction towards tablets, PCs, smartphones and others hinders the growth of the Photo Printing Market. Also, various manufacturers have adopted Wi-Fi enabled smartphones instant print kiosks as a marketing strategy which is expected to boost the growth of the market over the forecast period.
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Geographically, North-America accounted for the largest market share in the global photo printing market, whereas Asia-Pacific is expected to grow significantly over the forecast period.
The global photo printing market is expected to reach USD 2,693 million by the end of 2022 with 5% CAGR during forecast period 2017-2022
Major Key Players:
Eastman Kodak Company (U.S.), Cimpress (Netherlands), Shutterfly, Inc. (U.S.), Snapfish (U.S.), Bay Photo Lab (U.S.), Digitalab (U.K.), AdorPix LLC (U.S.), Mpix (U.S.), ProDPI (U.S.) and others
Photo Printing Market Segments:
According to Market Research Future, market has been segmented into type, application, end-users and region.
Type-
• Film Printing
• Digital Printing
Application-
• Desktop Application
• Mobile Application
End-users-
• Online Stores
• Retail
• Instant kiosk
• Others
By Region-
• North-America
• Europe
• Asia-Pacific
• RoW
Retail and over the counter contributes largely to the market share because of the growing demand for instant photo printing and increasing growth in the retail sector.
Regional Analysis:
Regionally, North-America accounted for the largest market share, because of the increasing adoption of large volume of photo merchandise items like photo books, photo cards & canvas prints in this region.
However, Asia-Pacific is expected to grow over the forecast period majorly due to rapid technological advancements and expansion of internet connectivity in this region.
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Study Objectives of Global Photo Printing Market:
• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global photo printing market.
• To provide insights about factors affecting the market growth.
• To analyze the global photo printing market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment by type, application, end-users and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Photo Printing
Market Research Future Analysis:
The global photo printing market is expected to grow significantly. The market is highly application basis. Retail segment of photo printing market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
North-America accounted for the largest market share due to technological advancements, increasing demand for photo merchandise products and growing internet connectivity. Also, mature markets such as U.S and Japan is expected to grow over the forecast period majorly due new technological innovations. For instance, in 2016 Fujifilm Corporation, Japan announced the launch of instax share smartphone printer SP-2 for high quality instant photos from smart phones.
TABLE OF CONTENTS
1 MARKET INTRODUCTION
1.1 INTRODUCTION1.2 SCOPE OF STUDY
1.2.1 RESEARCH OBJECTIVE
1.2.2 ASSUMPTIONS
1.2.3 LIMITATIONS
1.3 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH NETWORK SOLUTION
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
2.4 FORECAST MODEL
2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST
2.4.2 MARKET SIZE ESTIMATION
Continue...
LIST OF TABLES
TABLE 1 GLOBAL PHOTO PRINTING MARKET, BY TYPE
TABLE 2 GLOBAL PHOTO PRINTING MARKET, BY APPLICATION
TABLE 3 GLOBAL PHOTO PRINTING MARKET, BY END-USERS
TABLE 4 GLOBAL PHOTO PRINTING MARKET, BY GEOGRAPHY
Continue...
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL PHOTO PRINTING MARKET, BY TYPE (%)
FIGURE 3 GLOBAL PHOTO PRINTING MARKET, BY APPLICATION (%)
FIGURE 4 GLOBAL PHOTO PRINTING MARKET, BY END-USERS (%)
Continue...
Intended Audience:
• Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Vendors
• Semiconductor Manufacturers
• Stakeholders
• End-user sectors
• Technology Investors
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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