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Online Photo Printing Market Overview 2024-2033 - Share, Size, Insights, Forecast
Online Photo Printing Market
As per the report, the online photo printing market size has grown strongly in recent years. It will grow from $12.16 billion in 2023 to $12.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The online photo printing market size is expected to see strong growth in the next few years. It will grow to $16.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
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Increasing Smartphone Penetration Fuels Growth In Online Photo Printing Market
The increasing smartphone penetration is expected to propel the growth of the online photo printing market going forward. A smartphone is a mobile device that combines cellular connectivity with advanced computing capabilities, allowing users to access the internet, run applications, and perform various multimedia functions. Smartphones are being widely adopted due to their versatility, offering users seamless access to communication, entertainment, productivity, and internet services on a single portable device, enhancing convenience and connectivity in modern lifestyles. Smartphones enable easy online photo printing by allowing users to upload and order prints directly from their devices through various apps and websites. This convenience has made photo printing more accessible and user-friendly. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021. This figure increased by over 2 million at the end of March 2022, resulting in a total of 93.5 million subscribers, equivalent to 73.5% of the nation's adult population. Therefore, increasing smartphone penetration is driving the growth of the online photo printing market.
One-Stop Shopping Solution Revolutionize The Online Photo Printing Market
Major companies operating in the online photo printing market are focusing on a one-stop shopping solution to provide convenience to customers. The one-stop shopping solution allows customers to order prints online and pick them up from an in-store kiosk within one hour. This provides a convenient and fast way for consumers to get their photos printed without waiting for delivery. For instance, in January 2023, Kodak Alaris Inc., a US-based technology company, launched an online photo printing website for Carrefour France, enhancing its cross-channel shopping experience. Powered by Kodak Moments, the website offers a variety of high-quality, personalized photo products that are printed and assembled in France. Accessible via smartphones, desktop computers, and tablets, it provides consumers with a convenient one-stop shopping solution.
The online photo printing market covered in this report is segmented -
1) By Product: Prints, Wall Art
2) By Type: Digital Printing, Film Printing
3) By Applications: Enterprise, Individual
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Major companies operating in the online photo printing market are Cimpress plc, Shutterfly Inc., Eastman Kodak Company, Cewe Stiftung & Co KGaA, Printful Inc., Photobox Ltd, FUJIFILM Corporation, Zazzle Inc., Minted LLC, Mpix, Millers Professional Imaging Co, Moo Print Ltd, Blurb Inc, Bay Photo Lab, Snapfish LLC, Artifact Uprising LLC, Mixbook Inc, Nations Photo Lab LLC, Ifolor AG, Digitalab Ltd, Saal Digital Photoservice GmbH, GotPrintcom Inc, Printique, Chatbooks Inc, PSPrint
Contents of the report:
1. Executive Summary
2. Online Photo Printing Market Report Structure
3. Online Photo Printing Market Trends And Strategies
4. Online Photo Printing Market - Macro Economic Scenario
5. Online Photo Printing Market Size And Growth
…..
27. Online Photo Printing Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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