Global Photo Printing and Commodity Market 2022-27 Trends, Growth, Industry Size, Opportunities and Forecast
SHERIDAN, WY, USA, Feb. 2, 2022 /EINPresswire.com/ — According to IMARC Group’s latest report, “Photo Printing and Commodity Market: Global Industry Trends, Share, Size, Growth , Opportunities and Forecast 2022-2027,” the global photo printing and merchandise market reached a value of US$19 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$26.3 billion by 2027 growing at a CAGR of 5.9% in 2022-2027.
As the novel coronavirus (COVID-19) crisis grips the world, we are continuously monitoring changes in markets, as well as consumer buying behaviors around the world – our estimates on the latest market trends and values planned after taking into account the impact of this pandemic. These observations will be incorporated into the report.
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Photo printing and merchandise refers to a variety of personalized gift and decoration materials on which photographs are printed. Printed maps, calendars, canvases, mugs, keychains, cushions, t-shirts, etc. are common product categories. They are primarily produced using the dye sublimation procedure, in which the printed dye is incorporated with the polymer coating of the sublimation paper onto the object. This procedure creates very vibrant, durable, scratch resistant and long lasting prints.
Market Trends and Drivers:
The increasing use of smartphones and tablets for clicking and processing high-resolution images in place of professional cameras is providing increased flexibility and customization for photo editors, thereby catalyzing the growth of the photo printing market and merchandise. Additionally, the growing inclination of millennials towards personalized gift options has driven up the demand for photo and merchandise printing. These products are also used by companies for promoting products and increasing brand awareness among the masses. Additionally, several technological advancements such as the development of lenticular printing for high definition and 3D prints are also enhancing the growth of the market. In the coming years, increasing penetration of social media platforms and online retail channels is expected to further drive the market.
Competitive Analysis and Segmentation of the Photo Printing and Merchandise Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the global Photo Printing and Merchandise Market has been studied in the report along with the detailed profiles of key players operating in the market.
Some of these key players include:
Eastman Kodak Company
Bay Photo Inc. (Circle Graphics Inc.)
Hallmark Cards Inc.
Walgreens Co. (Walgreens Boots Alliance Inc.)
Hewlett Packard Enterprise Development LP
American Society of Greetings
Key Market Segmentation:
The report has segmented the global photo printing products market on the basis of region, product type, printing type, device used, and distribution channel.
Breakdown by product type:
Breakdown by type of printing:
Breakdown by device used:
Breakdown by distribution channel:
Breakdown by region:
Middle East and Africa
Ask the analyst to customize and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/photo-printing-merchandise-market
Main highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market drivers and success factors
The impact of COVID-19 on the global market
Value chain analysis
Structure of the global market
Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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