According to a report available on Radiant Insights, Inc.; the photo printing and merchandise market is likely to grow significantly by 2025.
Growing use of mobile devices for capturing and sharing images, increasing popularity of social media, improvement and availability of internet at affordable costs is expected to drive the market over the forecast period (2018 to 2025).
Smartphones and tablets are gradually replacing desktops dur to their flexibility. The high-resolution cameras and many supporting applications available in these devices allows users to improve the picture quality. Increasing trend of mobile shopping and bring your own device (BYOD) is also expected to support the market growth. Availability of better-quality broadband and wireless connectivity is likely to increase the growth of online photo sharing across the several platforms. In addition, accessibility of several social media applications, which offers easy editing and customizations is also expected to bode well for the market. Additionally, increasing number of digital photographs being clicked and increasing popularity of instant photo booths with high level of customization is expected to boost personalized photo gifts market. Rising demand for 3D images have encouraged vendors to equip the recent technologies into their products for providing exceptional gifting products to customers. The lenticular painting is also gaining traction as it is a painting depicts a 3D effect on flat surface. Additionally, integration of HD pictures in photo merchandising for improving the quality of pictures is also expected to be the major trend that will support the market growth in the years to come.
For instance, Epson America has recently introduced a new microsite “Epson Brings Technology & Fashion Together” to join digital fabric printing technology and solutions can be useful for fashion designers and entrepreneurs. The site offers fashion designers with useful digital fabric printing destination and offers solution-based guidance for a different digital fabric printing application like direct-to-garment, dye-sublimation, and direct-to-fabric printing on a variety of fabrics. The Epson digital fabric printing technology can be used to print on any fabrics from polyesters and combinations to natural fibers like cotton, silks, wool, linen, and rayon.
Worldwide photo printing and merchandise market can be segmented on the basis of application, and region. Based on application, the market can be bifurcated into retail, over the counter, and instant kiosk.
Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/global-photo-printing-and-merchandise-market-professional-survey-report-2018
Geographically, the market can be divided into North America, Southeast Asia, Europe, China, Japan, and India.
North America and Europe are considered as the major regional markets over the forecast period. Several emerging countries such as India and China along with countries in Southeast Asia are likely to show significant growth in the coming years on account of thriving E-commerce sector. Factors such as rising use of smartphones and increasing use and popularity of smart applications for capturing and sharing photos on social media can have positive impact in this region. Additionally, continuously improving broadband infrastructure and wireless connectivity networks are also anticipated to support the market growth in the few years.
Key players operating in the market include Walgreen, Shutterfly, American Greetings, Vistaprint, and Rite Aid. The market is extremely competitive, and the companies are emphasizing to offer innovative and diverse products to attract more customers. The participants are also expected to offer specialized products and related services as per customers interests. Despite of the advancements in digital photos, there is a constant demand for digital photo printing.
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Company Name: Radiant Insights, Inc.
Contact Person: Michelle Thoras, Corporate Sales Specialist – USA
Email: Send Email
Phone: (415) 349-0054, Toll Free: 1-888-928-9744
Address:201 Spear Street 1100, Suite 3036
City: San Francisco
Country: United States