Press release
Steady Expansion Forecast for Online Photo Printing Market, Projected to Reach $17.38 Billion by 2029
Online Photo Printing
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What Will the Online Photo Printing Industry Market Size Be by 2025?_x000D_
The growth of the online photo printing industry has been robust in the past few years, growing from a market valuation of $12.94 billion in 2024 to a projected value of $13.75 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.3%. The market expansion observed during the historical period can be credited to a variety of factors, including deeper penetration of smartphones, increased usage of social media, rise in digital camera sales, expansion of e-commerce, advancements in technology, evolving consumer tastes, higher internet usage, increasing disposable income, a rise in demand for custom-made products, and the convenience of placing orders online._x000D_
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What's the Long-Term Growth Forecast for the Online Photo Printing Market Size Through 2029?_x000D_
Forecasting robust expansion in the coming years, the online photo printing market size is poised to increase to $17.38 billion in 2029, with a compound annual growth rate (CAGR) of 6.0%. This forthcoming growth can be ascribed to factors such as the advent of augmented reality applications, innovations in 3D printing, sustainability campaigns, the popularization of subscription services, the development of specialized markets, breakthroughs in printing technology, a rising demand for eco-friendly printing alternatives, and the integration of printing services with smart devices and the Internet of Things (IoT), as well as the increase of print-on-demand services. During this forecast period, the major trends to look out for include high-definition prints, mobile printing solutions, social media integration, the rise of on-demand printing, and the integration of augmented reality (AR)._x000D_
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https://www.thebusinessresearchcompany.com/report/online-photo-printing-global-market-report_x000D_
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What Are the Key Growth Drivers Fueling the Online Photo Printing Market Expansion?_x000D_
The surge in smartphone usage is projected to fuel the expansion of the online photo printing market in the future. A smartphone, a mobile gadget combining cellular and sophisticated computing functionalities, enables users to use the internet, run apps, and execute multiple multimedia tasks. Thanks to their versatility, smartphones are in high demand, offering users easy access to communication, entertainment, productivity, and internet services all on a single portable device, thereby improving convenience and connectivity in contemporary lives. Moreover, smartphones streamline online photo printing by enabling user-friendly uploading and ordering of prints directly from their devices via various apps and websites. This handiness has enhanced the accessibility to and experience of photo printing. For example, the Department of Telecommunications under the Ministry of Information and Communications, a regulatory organization in Vietnam, reported in April 2022 that the number of smartphone users in Vietnam in 2021 was 91.3 million. This count rose by more than 2 million by the end of March 2022, hitting the total of 93.5 million subscribers, representing 73.5% of the adult population of the country. Therefore, the growing proliferation of smartphones is the driving force behind the expansion of the online photo printing market._x000D_
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What Are the Key Trends Driving Online Photo Printing Market Growth?_x000D_
Key businesses in the virtual photo printing sector, like Kodak Alaris Inc., are emphasizing a unified shopping approach aimed at delivering ease for their consumers. This system lets customers buy prints on the internet and receive them from an in-store booth within sixty minutes, proving an efficient method for customers to have their photos printed, bypassing the need to wait for a courier service. For example, Kodak Alaris Inc., an American technology firm, initiated an online photo printing portal for Carrefour France in January 2023, improving its multi-channel shopping encounter. The Kodak Moments-assisted site offers an assortment of high-grade, customized photo goods, which are printed and set up in France. Available on smartphones, desktops, and tablets, it gives customers a handy unified shopping solution._x000D_
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How Is the Online Photo Printing Market Segmented?_x000D_
The online photo printingmarket covered in this report is segmented - _x000D_
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1) By Product: Prints, Wall Art_x000D_
2) By Type: Digital Printing, Film Printing_x000D_
3) By Applications: Enterprise, Individual_x000D_
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Subsegments:_x000D_
1) By Prints: Standard Prints, Canvas Prints, Photo Books, Posters, Photo Cards (Greeting Cards, Invitations) _x000D_
2) By Wall Art: Framed Prints, Canvas Wall Art, Metal Prints, Acrylic Prints, Wood Prints_x000D_
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Which Companies Are Leading the Charge in Online Photo Printing Market Innovation?_x000D_
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_x000D_
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Which Regions Are Leading the Global Online Photo Printing Market in Revenue?_x000D_
North America was the largest region in the online photo printing market in 2024. The regions covered in the online photo printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_
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