Photo Booth market analysis, opportunities, grow at CAGR 20.7% during the forecast period 2019–2026

Photo Booth Market

Photo booth is a digital vending machine consist of camera and film processor specifically used for capturing photographs for official documents and entertainment purposes. In the recent few years, photo booths market has expanded owing to its simple business model. Photo booths have become popular owing to its adoption in weddings, parties, corporate events and in government services. Photo booth companies mainly offer rental services on hourly basis, hence majorly contributing in the market growth. The primary equipment required for photo booth are camera, background, props and other devices such as printer and software, hence resulting in low investment supporting many new entrants in the market. Photo booths are mainly used to capture photos for official documents such as passports, driving license and other documents. Besides this, it has gained huge popularity in wedding, parties and other entertainment occasion, thereby propelling the market growth.

The Major Players Covered in this Report:
Photobooths (Photobooths.co.uk), Photo-Me, Reakt Media (T3 Photobooths), MADE Photo Booths LTD (U.K), Kingdom Photo Booth LLC (U.S.), Dreambooth (U.S.), BLUR Productions (U.K), Photobooth Supply Co (U.S.), Virtual Photo Booth (U.K), BoothBits (England), Magic Mirror, Photo-Me International Plc (U.K)

Global photo booth market by equipment sales is expected to grow at CAGR 20.7% during the forecast period 2019–2026.

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By Product
Rental Service, Equipment Sales

By Applications
Document Photo, Entertainment Occasion

Segmental Insights

Global photo booth market is mainly bifurcated on the basis of product and application.

Based on product, the photo booth market is mainly segmented into rental services and equipment sales. The rental services in photo booth market is gaining wide range popularity and becoming an essential component in any successful wedding, party or any other events, thereby providing great fun not only to the guest but also providing long lasting memories. According to UK wedding statistics 2017, about 40% of the demography hires a photo booth in wedding ceremony. Photo booth rental is gaining a wide range of acceptance owing to the social media integrated booths which allows the guest to step into social media sharing kiosk and sharing the pictures instantly on the social media platforms.

Regional Analysis For Photo Booth Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Photo Booth are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

Why buy this report?

Our report covers the global Photo booth market insights, focusing on recent developments in the market in different regions and development strategies of the companies. Moreover, following sections are specifically covered in the report.

Competitive Analysis
Market concentration of top five players
Photo booth market analysis and forecast by region
Market Share Analysis
Potential Ventures

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