Photo Printing Market

Photo Printing and Merchandise Market: Rapid Shift to Digitalization & Booming E-commerce Sector to Forestall Decline of Market: Global Market Analysis (2013 - 2017) and Opportunity Assessment (2018 - 2028)

The US$ 16.9 Bn global photo printing and merchandise market will barely reach US$ 22 Bn in the next 10 years, exhibiting a sluggish CAGR of 2.6% over 2018–2028. The market may experience a slight thrust, as 3D printing emerges as a popularly adopted technology and the base of smartphone owners and app-users expands across the globe.

The photo printing & merchandise industry goes ‘Online’

Instant Kiosks segment covers a range of self-operated automated phone booths and kiosks, where users can walk in and get their photos clicked within a few seconds. This distribution channel is only used for photo print applications. Over the Counter segment covers small unorganized photo studios having hired photographers for clicking photos of individuals. This distribution channel is however expected to witness a major decline, losing a significant market share during the forecast period. Over the Counter channel is anticipated to witness sluggish growth through 2028, despite accounting for over 15% share of the total market revenue.

Photo printing and merchandise

Retail distribution channel will reportedly continue to hold more than 25% value share by 2028 end, representing one of the key segments in the photo printing and merchandise market. A few of the leading companies in retail sector include Walmart Stores, Inc. and Target Corporation, which design, print, and sell photo print and merchandise products in retail. Among retail giants, Target Corporation have a dedicated photo labs in their stores for printing photos on paper or any merchandise. Individual retail shops that sell photo print and related products, also fall under the retail category.

The report highlights highest growth potential existing in the already dominating segment, online distribution channel, which includes selling of photo products or printing via an online medium using company websites or mobile-based applications. This segment will possibly account for around 55% market value share by 2028 end. A few companies spearheading the online photo printing and merchandise sector, include Snapfish, Cimpress N.V., Bay Photo Inc., and Shutterfly, Inc.

Expansion of Ecommerce sector pinpoints growth of developing regions

North America and Western Europe have been identified to be the key regional markets for photo printing and merchandise over the forecast period. While North America is foreseen to lose its value share, Western Europe is anticipated to encounter with attractive opportunities contributing to its increased market share of over 25% by 2028 end, as estimated by the report.

China and other developing Asian economies, along with South East Asian countries, are presumed to witness significant growth opportunities in near future. This growth has been primarily attributed to the flourishing Ecommerce sector. Booming use of smartphones and growing popularity of smartphone applications for capturing and sharing of photos is identified to be another key factor boosting the market growth. In addition, constantly improving broadband infrastructure and wireless connectivity networks will fuel the growth of market in next few years.

Report Synopsis

Future Market Insights offers 4-year trend analysis for 2013 to 2017 and 10-year forecast for Photo Printing and Merchandise Market between 2018 and 2028. In terms of value, market is expected to register a CAGR of 2.6% during forecast period. This study demonstrates the market dynamics and trends globally across seven regions North America, Latin America, Western Europe, Eastern Europe, China, SEA and other APAC, Japan and Middle East and Africa which influence the current nature and future status of the Photo Printing and Merchandise Market over the forecast period.

Report Description

This research report provides detailed analysis of Photo Printing and Merchandise Market and offers insights on various factors driving popularity of these systems. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report segregates the market based on product type, module, mode of printing, distribution channel, and regions using photo printing and merchandise across different regions globally.

On the basis of product type, the market is segmented as photo printing and merchandise printing. The module segment is segmented into film printing, and digital printing. On the other hand, the mode of printing segment is segmented into desktop and mobile. By distribution channel, the market is segmented into instant kiosks, over the counter, retail, and online.

The report starts with an overview of the global Photo Printing and Merchandise Market in terms of value. In addition, this section includes analysis of macro-economic factors, and technology trends which are influencing the Photo Printing and Merchandise Market. Impact analysis of key growth drivers and restraints, based on the weighted average model and FMI analysis and recommendation is included in this report to facilitate clients with crystal clear decision-making insights.

Detailed analysis has been provided for every segment in terms of market size analysis for photo printing and merchandise across the different regions. The section provides a detailed analysis covering key drivers, restraints and trends and key regulations in the region. This section also highlights market presence (intensity map) for key representative market participants.

This study discusses key trends within countries contributing to growth of the market, as well as analyses degree at which drivers are influencing this market in each region. Key regions and countries assessed in this report include North America (U.S., Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Western Europe (Germany, UK, France, Italy, Spain, BENELUX and Rest of Western Europe), Eastern Europe (Russia, Poland and Rest of Eastern Europe), China, SEA and other APAC (India, Australia & New Zealand, ASEAN and Rest of SEA), Japan, Middle East and Africa (North Africa, South Africa, GCC, Rest of Middle East and Africa).

This report evaluates historical trends, present scenario and the growth prospects of the Photo Printing and Merchandise Market across various regions globally for the period 2018 –2028. We have considered 2017 as the base year and provide data for the trailing 12 months. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities across the market.

As previously highlighted, the global Photo Printing and Merchandise Market is split into a number of segments. This detailed level of information is important for identification of various key trends of the global Photo Printing and Merchandise Market. In the final section of the report, we include competitive landscape to provide clients with a dashboard view, based on categories of provider in the value chain, presence in Photo Printing and Merchandise portfolio and key differentiators. This section is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment in Photo Printing and Merchandise Market value chain and the potential players for the same.

The report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on in-depth assessment of capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the Photo Printing and Merchandise Market space. Key competitors covered are Eastman Kodak Company, Cimpress N.V., Amazon Prints, Shutterfly, Inc., Bay Photo, Inc., Walgreens Co., Snapfish, AdoramaPix Inc., Digitalab, and Mpix, and others.

Key Segments Covered

  • By Mode of Printing

    • Desktop

    • Mobile

  • By Module

    • Film Printing

    • Digital Printing

  • By Product Type

    • Photo Printing

    • Merchandise Printing

  • By Distribution Channel

    • Instant Kiosk

    • Over the counter

    • Retail

    • Online

 Key Regions covered

  • North America

    • U.S.

    • Canada

  • Latin America

    • Mexico

    • Brazil

    • Rest of Latin America

  • SEA and other APAC

    • India

    • Australia & New Zealand

    • ASEAN

    • Rest of APEJ

  • China

  • Western Europe

    • Germany

    • France

    • U.K.

    • Spain

    • Italy

    • BENELUX

    • Rest of Western Europe

  • Eastern Europe

    • Russia

    • Poland

    • Rest of Eastern Europe

  • Japan

  • Middle East & Africa

    • GCC Countries

    • Northern Africa

    • South Africa

    • Rest of MEA

Key Companies

  • Eastman Kodak Company

  • Cimpress N.V.

  • Amazon Prints

  • Shutterfly, Inc.

  • Bay Photo, Inc.

  • Walgreens Co.

  • Snapfish

  • AdoramaPix Inc.

  • Digitalab

  • Mpix