Wednesday, September 16, 2020

Global Photo Printing Market 2020-2027-Cimpress • Snapfish • Digitalab Mpix

 Global Photo Printing Marketsize was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during forecast period.




Market Definition

Photo printing is the process of printing digital image on photographic paper for viewing. Photographic paper is a paper coated with a light-sensitive chemical formula, used for making photographic prints.

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

Market Dynamics

Increasing trend of photography and growing number of professional photographers are major factors that are driving the growth of market. Photo printing gives benefits such as improving photography skills, printing photos inspires creativity, can gain a better understanding of photo shooting style, printing will increase the demand for users photography skills and printing brings old photographs to life, which ultimately improving the growth of market. Furthermore, development of photo capturing technology, growing adoption of photo printing products, and enhanced focus on customer satisfaction are propelling the growth of market. Also rapid business growth and increase in the number of photographs is leading to an increasing number of printouts for posters, gift cards and photo mobile cases.

However, higher adoption of Smartphone’s, tablets PCs could hamper the growth of market. Also high adoption of memory cards to store photos and videos could hinder the growth of market.

Global Photo Printing Market: Segmentation Analysis

By type, digital printing segment dominated the market in 2019 and is expected to grow at CAGR of XX% during forecast period. High adoption of digital cameras is leading to the growth of market. It generally refers to professional printing where small-run jobs from desktop publishing and other digital sources are printed using large-format printers. It allows user to make adjust the artwork during the printing process. Low cost associated with digital printing results into the growth of market. Digital printing has transformed photo printing in terms of the ability to retouch and colour corrects a photograph before printing.

By printing device type, mobile type segment is dominated the market and is expected to keep its dominance during forecast period. Mobile printing is the process of sending data to a printer wirelessly from a Smartphone or tablet. HP’s mobile printing driver allows users to easily print to network printers outside of their commonly used office-printing environments.

Global Photo Printing Market: Regional Analysis

Region wise, North America held the largest market share in 2019 and is expected to grow at high CAGR of XX% during forecast period. The US and Canada are dominated the market. This is owing to the increasing trend of content sharing over social media platforms which ultimately lading the market across the region. Furthermore, the purchasing cost of mobile or portable photo printers for individual use is high in the region which results into the high market revenue.

In Jan 2019, Kodak launched its line of instant-print photography product named as the KODAK SMILE Instant Print. The product line features the KODAK SMILE classic instant print digital camera, the KODAK SMILE instant print digital camera, and the KODAK SMILE instant digital printer.

In Mar 2019, Smilebox, one of the business segments of Perion Network Ltd, launched Smilebox for Gmail add-on. This add-on enables users to customize and send animated eCards to their family and friends directly from their Gmail accounts easily.

The objective of the report is to present a comprehensive analysis of the Global Photo Printing Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Photo Printing Market dynamics, structure by analyzing the market segments and projects the Global Photo Printing Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Photo Printing Market make the report investor’s guide.
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The Scope of Global Photo Printing Market

Global Photo Printing Market, By Type

• Digital Printing
• Film Printing
Global Photo Printing Market, By Printing Device Type

• Mobile Type
• Desktop Type
Global Photo Printing Market, By Application

• Retail
• Online Stores
• Instant Kiosk
• Over-the Counter
Global Photo Printing Market, By Region

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Global Photo Printing Market, Key Players

• Cimpress
• Snapfish
• Digitalab Mpix
• Perion Network Ltd
• Eastman Kodak Company
• Shutterfly, Inc
• Bay Photo Lab
• AdorPix LLC
• ProDPI
• HP
• Smilebox
This Report Is Submitted By : Maximize Market Research Company
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