Photo Printing Market 2018 Forecast by Type, Application, End-Users | Digital Printing Market Key Findings, Regional Analysis, Business Growth and Industry Expansion Strategies 2022

Photo Printing Market
Market Research Future published a Half-Cooked research report on “Global Photo Printing Market Research Report – Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022

Photo Printing Market – Overview

Photo printing can be defined as a process of generating a picture with the use of chemically sensitive paper. The major factors contributing to the growth of the photo printing market are the increasing preference toward online photo sharing, technological innovation and high business growth to enhance customer satisfaction. The other aspects such as changing lifestyle, adoption of smartphones in developing countries which in turn increases the social network popularity which leads to an increase in image capturing and growing number of smartphones users with improved broadband as well as wireless connectivity is expected to boost the growth of online photo sharing through various platforms. According to a recent study report published by the Market Research Future, the global market of photo printing is booming and expected to gain prominence over the forecast period. The global Photo Printing Market is expected to reach USD 2,693 million by the end of 2022 with 5% CAGR during forecast period 2017-2022.


Eastman Kodak Company (U.S.), Cimpress (Netherlands), Shutterfly, Inc. (U.S.), Snapfish (U.S.), Bay Photo Lab (U.S.), Digitalab (U.K.), AdorPix LLC (U.S.), Mpix (U.S.), ProDPI (U.S.) are some of the prominent players at the forefront of competition in the Global Photo Printing Market and are profiled in MRFR Analysis.


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Industry News

May 16, 2018 – HP Inc. launched its new Design Jet Z Printer series at FESPA Global Print Expo. To showcase innovative large format technologies offering remarkable image quality, simple output for print service providers (PSPs) and retailers to deliver beautiful photos, impactful graphics and technical applications.


September 21, 2017 – Kodak Moments released its new premium photo-printing platform. The platform comprises an e-commerce-enabled website, expanded functionality on the Kodak Moments application, a newly curated range of premium photo products and an improved experience on thousands of Kodak Moments kiosks nationwide.


Photo Printing Market – Segmentation

Segmentation by Type: Comprises film printing and digital printing.

Segmentation by Application: Comprises desktop application and mobile application.

Segmentation by End-Users: Comprises online stores, retail, instant kiosk,

Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.


Photo Printing Market – Regional Analysis

North America accounts for highest market share in photo printing market followed by Europe. Owing to the presence of key industry players such as Eastman Kodak Company, Shutterfly, Inc., Snapfish, Bay Photo Lab, Digitalab, AdorPix LLC, Mpix and ProDPI. Other aspects such as increasing adoption of large volume of photo merchandise items like photo books, photo cards & canvas prints is aiding the market in the region. Asia Pacific is expected to be fastest growing due to rapid technological advancements and expansion of internet connectivity in this region.


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Photo Printing Market – Competitive Analysis

The market of photo printing market appears to be highly competitive. To maintain their market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio. Major players are investing on internal R&D and, most of all, in acquiring other firms.


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