Global Online Photo Printing Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:The latest research study on the global Online Photo Printing market finds that the global Online Photo Printing market reached a value of USD 11257.58 million in 2022. It’s expected that the market will achieve USD 13575.56 million by 2028, exhibiting a CAGR of 3.17% during the forecast period.
Influence of COVID-19 Outbreak on Online Photo Printing Industry Development
Demand for photo keepsakes has increased since the onset of the coronavirus pandemic and made people nostalgic for past travels and special occasions, such as weddings and graduations, boosting demand for industry operators. Consumers are anticipated to increasingly turn to online photo printing operators as they engage in social distancing and travel to retail outlets with less frequency, boosting demand for the industry.
The impact of COVID-19 on the Online Photo Printing industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.
Strength
Online photo printing refers to printing photos on paper or any commodity, which can be divided into film printing and digital printing, fast and customized. Compared with offline printing, online photo printing is fast, affordable, and customized to meet various needs of dimensional products. The powerful functions and benefits of online photo printing drive consumption, which is beneficial to the development of the industry
Photo printing involves the use of paper, cards, cardboards, and articles. The growing use of smartphones, tablets, and digital cameras is leading to high-quality photo-capturing capabilities, which drives the growth of the online photo printing market. Increasing demand for photo printing for decorative purposes is also influencing the growth of the market. Factors such as the growing adoption of photo printing products and services, and increasing inclination toward variable data printing and customization are fueling the growth of the online photo printing market. The development of advanced technologies in photo printing and the availability of instant printing technologies are also fueling the online photo printing market growth.
Company Overview:Shutterfly is one of the major players operating in the Online Photo Printing market, holding a share of 12.48% in 2021.
Segmentation Overview:Among different product types, Mobile Type segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Individual segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Online Photo Printing market covered in Chapter 3:Mixbook
Blurb
Artifact Uprising
Printful
Amazon Prints
Shutterfly
Walgreens Photo
Mpix
Printique
Cimpress
Cewe
Photobox
Ifolor
Chatbooks
Walmart Photo
In Chapter 4 and Chapter 14.2, on the basis of types, the Online Photo Printing market from 2018 to 2029 is primarily split into:Film Printing
Digital Printing
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Online Photo Printing market from 2018 to 2029 covers:Enterprise
Individual
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)