Global Photo Prints Market Overview:
Photo printing is the process of creating a final image on paper for viewing using chemically sensitized paper. The paper is exposed to a photographic negative, positive transparency (or slide), or a digital image file that is projected with a magnifier or digital imaging device such as a LightJet printer. Alternatively, the negative or the transparency can be placed on the paper and exposed directly, whereby a contact print is generated. Digital photos are usually printed on plain paper, such as a color printer. However, this is not considered "photo printing". Photo printing offers a variety of uses, often used for printing family photos or recent travel or expedition photos, portraits, pictures, even product photos, company posters, trade shows, etc. in the manufacturing industry. Photo prints are available on 24 inches. 36-inch, 48-inch, and 60-inch media with no length restrictions. Photo prints adhere well to inks. It is moisture-resistant and offers good protection from direct sunlight, which prevents color fading and cracking. This leads to good shelf life. A printed photo is durable for more than 20 years indoors.
Growth Drivers
- Higher Business Growth and Enhanced Focus on Customer Satisfaction
- An Increasing Number of Printouts for Posters, Gift Cards, and Photo Mobile Cases
- Rising Disposable Income Coupled With Changing Lifestyle
- Growing Number of Camera Users Worldwide
Market Trends
- The Growing Demand for Personalized Photo Prints
- Rising Number of Printouts for Various Applications
- The Shift towards Online Photo Sharing Has Propelled the Growth for Online Photo Printers
Roadblocks
- Growing Attraction towards Smartphones
Opportunities
- Rising Number New Market Entrants in This Industry
- Growing Demand for 3D Photo Prints
- Innovation in Technology Is Anticipated To Provide Customization Options for Consumers and Professional Photographers
Challenges
- Availability of Alternatives Printing Solutions
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Amazon Prints (United States), CEWE (Germany), Fujifilm (Japan), Walmart Photo (United States), Cimpress (Ireland), District Photo (United States), Ifolor (Switzerland), Orwo (Germany), Office Depot (United States), Bay Photo Lab (United States), Allcop (Germany), Mpix (United States), Nations Photo Lab (United States), CVS Photo (United States), Xiang Shenghang (China), China-Hongkong Photo Products Holdings Ltd. (Hong Kong), Vistek (Canada), Pro-Lab (United States), Kim Tian Colour (Singapore) and Process One Photo (United States). Additionally, following companies can also be profiled that are part of our coverage like Kallos Studio (Canada) and Walgreens Photo (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Photo Prints market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Photo Prints market. Considering Market by Print Type, the sub-segment i.e. Film and Offset Printing will boost the Photo Prints market.
What Can be Explored with the Photo Prints Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Photo Prints Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Photo Prints
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Photo Prints market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Photo Prints market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Photo Prints, End-Users, Potential Investors, Market Research Firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.