Market Introduction
Photo printing is the process of printing an image on paper, cards, cardboards, and articles. Growing usage of smartphones, tablets, and digital cameras lead to high photo capturing capabilities that drives the growth of the photo printing market. Increasing demand for photo printing for decorative purposes is also influencing the growth of the photo printing market.
Market Overview and Dynamics
The photo printing market in APAC is expected to grow from US$ 3,107.24 Million in 2019 and is projected to reach US$ 6,740.89 Million by 2027; it is expected to grow at a CAGR of 10.5% from 2019 to 2027. Factors such as growing adoption of photo printing products and services, and increasing inclination towards variable data print and customization are fuelling the growth of the photo printing market. The development of advanced technology in photo printing and the availability of instant printing is also positively impacting the growth of the photo printing market. Innovative printing technologies and increasing demand for printing in packaging are expected to fuels the growth of the photo printing market.
Key Market Segments
Based on product type, the market is segmented as prints, wall art, cards, photo gifts, photo books, calendars, others. In 2019, the prints segment held the largest share APAC photo printing market. Based on type, the market is segmented as film & offset printing and digital printing. The Digital printing segment is expected to the fastest-growing segment over the forecast period. Based on the distribution channel, the market is segmented as a retail, online, instant kiosk. The online segment contributed a substantial share in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the photo printing market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Fujifilm Corporation, Walgreens Co., Snapfish, and Walmart Photo.
Reasons to buy report
APAC PHOTO PRINTING MARKET SEGMENTATION
APAC Photo Printing Market, by Product Type
APAC Photo Printing Market, by Type
APAC Photo Printing Market, by Distribution Channel
APAC Photo Printing Market, by Country
APAC Photo Printing Market-Companies Mentioned
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 3,107.24 Million |
| Market Size by 2027 | US$ 6,740.89 Million |
| CAGR (2019 - 2027) | 10.5% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered |
Asia-Pacific
|
| Market leaders and key company profiles |
|
The Asia Pacific Photo Printing Market is valued at US$ 3,107.24 Million in 2019, it is projected to reach US$ 6,740.89 Million by 2027.
As per our report Asia Pacific Photo Printing Market, the market size is valued at US$ 3,107.24 Million in 2019, projecting it to reach US$ 6,740.89 Million by 2027. This translates to a CAGR of approximately 10.5% during the forecast period.
The Asia Pacific Photo Printing Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Photo Printing Market report:
The Asia Pacific Photo Printing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Photo Printing Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Photo Printing Market value chain can benefit from the information contained in a comprehensive market report.
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