Photo Printing And Merchandise Market By Product Type (Photo Printing, Merchandise Printing), By Distribution Channel (Instant Kiosk, Over The Counter, Retail, Online), By Module (Film Printing, Digital Printing), By Mode Of Printing (Desktop, Mobile) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Increasing demand for customized mobile phone covers is driving the photo printing and merchandise Market

Globally, the photo printing and merchandise market is expected to grow with a CAGR of 7.1% during the forecast period from 2019 to 2027, starting from 2018, with a market value of US$ 22.60 Bn. Photo printing and merchandise are defined as the personalized gifting and decoration of various products on which photos are printed. There are various types of merchandise products on which the photo printing technique is used, such as cards, mugs, calendars, t-shirts, clocks, and others. This industry is expecting a significant change based on the increased adoption of innovative things that would help people stand out in the world of competition.

Various factorsare driving the growth of the market, such as increasing disposable income among individuals and advancements in technology. Changing economic scenarios across various nations, the spending capacity of people around the globe has increased, giving them a way to improve their standard of living by adopting improvised items. Additionally, the increasing number of options on the internet due to digitalization, increasing adoptions of e-commerce, development of 3D printed objects, and increasing focus towards creating personalized gifts are driving the market growth.

Market Synopsis

Photo Printing and Merchandise with Film Printing its Module Segment Continue Dominating the Market

In 2018, the photo printing and merchandise market was led by the film printing segment in its module segment, contributing to more than 45% of the market share of the total revenue generated globally. This is due to the early adoption of film printing on various products and used by various local vendors for the printing of different objects; however, digital printing is expected to be the fastest-growing segment in the near future and will dominate the market during the forecast period. Growing digitization, increasing internet penetration, and high-quality printing mechanism is expected to drive the growth of the digital printing market. 

North America Dominates the Market by Region

The global photo printing and merchandise market was led by North America, with a market share of more than 30% in 2018. The region is dominating due to the increasing disposable income of individuals in the region, and increasing spending on discretionary by the consumer is expected to drive the growth of the market. Besides, technological advancements and increasing digitization in developed economies such as U.S. and Canada are fueling the growth of this regional segment. The U.S. accounts for the largest market share in the region due to the presence of many key companies offering photo-printing machines and systems in the region.

Some prominent players in the photo printing and merchandise market are Cimpress N.V., Eastman Kodak Company, Walgreens Co., Mpix, Shutterfly, Inc., Amazon Prints, Snapfish, Digitalab, AdoramaPix Inc., BayPhoto, Inc., among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The photo printing and merchandise market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global photo printing and merchandise market based on product type, module, mode of printing, distribution channel, and geography. Key segments covered in the report are as follows:

Segmentation Product Type Segment (2017–2027; US$ Bn)

  • Photo Printing
  • Merchandise Printing

Module Segment (2017–2027; US$ Bn)

  • Film Printing
  • Digital Printing

Mode of Printing Segment (2017–2027; US$ Bn)

  • Desktop
  • Mobile

Distribution Channel (2017–2027; US$ Bn)

  • Instant Kiosk
  • Over the Counter
  • Retail
  • Online

Geography Segment (2016–2026; US$ Mn)

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Unique data points of this report

  • Statistics on photo printing and merchandise penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of photo printing and merchandise for various modules
  • Notable developments going on in the photo printing and merchandise market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently asked questions :

The market for Photo Printing And Merchandise Market is expected to reach US$ XX Bn in 2027.

The Photo Printing And Merchandise Market is expected to see significant CAGR growth over the coming years, at 7.1%.

The report is forecasted from 2019-2027.

The base year of this report is 2018.

Eastman Kodak Company, Cimpress N.V., Walgreens Co., Amazon Prints, Shutterfly, Inc. are some of the major players in the global market.

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Published Date:  Sep 2019
Category:  Technology & Media
Report ID:   59928
Report Format:   PDF
Pages:   120
Rating:    4.3 (58)
Delivery Time: 24 Hours to 48 Hours   
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