Press release
Global Photo Paper Market Is Valued At Usd 1161.52 Million In 2017
Photo paper, also known as photo paper, high-gloss photo paper, is a material used in the traditional printing industry, which is used to rinse the photo of a material. Then photo paper is applied to the inkjet industry. Photo paper can be divided into silver halide photographic paper and inkjet photographic paper.
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Global Photo Paper Market: Forecast by Type / Application / Region
The global production of photo paper increased from 668.48 M Sq.m in 2013 to 766.39 M Sq.m in 2017, at a CAGR of 3.48%. In 2017, the global photo paper market is led by Europe. China is the second-largest region-wise market. The global photo paper market is valued at USD 1161.52 million in 2017 and is expected to reach USD 1469.78 million by the end of 2024, growing at a Growth Rate of 3.42% between 2017 and 2024.
The major players in global Photo Paper market include: Fujifilm, Kodak, Canon, China Lucky Group, HP, Epson, HYMN, Shantou Xinxie, Brother, Fantac, Ilford, Polaroid, Hahnemühle, FOMA BOHEMIA and ADOX.
On the basis of product, the Photo Paper market is primarily split into: Silver Halide Photographic Paper, Inkjet Photographic Paper.
On the basis on the end users/application covers: Civil Field, Professional Field.
Due to its long history of production, the world's leading photographic paper manufacturers are located in Japan, Europe and China. Currently, the world's leading manufacturers are Fujifilm, Kodak, Canon, China Lucky Group, HP and Epson. Fujifilm is the global market leader, and in 2017, the company had a global market share of 43%.
For traditional camera manufacturers, smartphone camera segment is squeezing the digital camera market, and shipments of many signal digital cameras are declining. The photographic paper business segment clearly lacks a strong market impetus, and this business cannot satisfy investors. How to find the next growth point is the key to the continued growth of traditional camera manufacturers. On the one hand, instant film manufacturers are dedicated to lowering their manufacturing cost; on the other hand, they try to provide more qualified products to customers. Besides, they are trying to broaden the applications of instant film. Instant photo paper is a growth point worth looking forward to.
Fujifilm has recently released their FY2018/Q3 financial report, showing that the sales have increased over this period. Interestingly, it’s not their digital mirrorless cameras that boosted the earnings. It’s the Instax line of instant film cameras.
The report Fujifilm published contains a breakdown of the earnings. It reads that the revenue went up 15.6% when compared to the same period of the previous fiscal year. As for the photo imaging business, the report reads that the overall sales “increased due to favorable sales, especially in instant photo systems.”
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Related Information:
United States Photo Paper Market 2018 Forecast to 2023
Europe Photo Paper Market 2018 Forecast to 2023
North America Photo Paper Market 2018 Forecast to 2023
Asia-Pacific Photo Paper Market 2018 Forecast to 2023
China Photo Paper Market 2018 Forecast to 2023
EMEA Photo Paper Market 2018 Forecast to 2023
Global Photo Paper Market 2018 Forecast to 2023
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