DUBLIN, February 21, 2022–(BUSINESS WIRE)–The “Photo Printing and Commodity Market: Global Industry Trends, Share, Size, Growth, Opportunities, and Forecast 2022-2027” report has been added to from ResearchAndMarkets.com offer.
The global photo printing and merchandise market reached a value of US$19 billion in 2021. Looking ahead, the publisher expects the market to grow to US$26.3 billion. by 2027, posting a CAGR of 5.9% in 2022-2027.
American Society of Greetings
Bay Photo Inc. (Circle Graphics Inc.)
Eastman Kodak Company
Hallmark Cards Inc.
Hewlett Packard Enterprise Development LP
Walgreens Co. (Walgreens Boots Alliance Inc.)
Keeping in mind the uncertainties of COVID-19, we continuously monitor and assess the direct and indirect influence of the pandemic. This information is included in the report as a major market contributor.
Photo printing and merchandising refer to various personalized gift and decoration solutions on which photographs are printed. Some of the commonly used products include printed cards, calendars, canvases, keychains, throw pillows, mugs, t-shirts, and clocks. They are usually made using the dye sublimation process, in which the printed dye is infused with the polymer coating of the sublimation paper onto the object. This process creates very vibrant, long lasting, scratch resistant and long lasting images and results. These products are also used by organizations for promoting products and increasing brand awareness among consumers.
Rapid urbanization across the globe, especially in developing economies, represents one of the major drivers for market growth. Also, the widespread use of smartphones and tablets to click and process high-resolution images instead of professional cameras is driving the market growth. These portable devices offer increased flexibility and customization to photo editors and merchandise sellers, enabling them to deliver innovative print and merchandise solutions to consumers.
With this in mind, the growing preference of millennials and businesses for personalized and corporate gifts has bolstered the demand for photo printing and merchandise. Additionally, various technological advancements, such as the development of lenticular printing for high definition prints, act as other growth factors. It is widely used to create 3D prints with an illusion of depth on merchandise. Other factors, including increasing consumer spending capabilities, along with the proliferation of social media platforms and online retail channels, are expected to further boost the market.
Key questions answered by this report:
How has the global photo printing and merchandise market performed so far and how will it perform in the years to come?
What has been the impact of COVID-19 on the global photo printing and merchandise market?
What are the main regional markets?
What is the market breakdown by product type?
What is the market breakdown by type of printing?
What is the market breakdown by device used?
What is the market breakdown by distribution channel?
What are the different stages of the industry value chain?
What are the key drivers and challenges in the industry?
What is the structure of the global photo printing and merchandise market and who are the key players?
How competitive is the industry?
Main topics covered:
2 Scope and methodology
3 Executive summary
4.2 Key Industry Trends
5 Global Photo Printing and Merchandise Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakdown by Product Type
7 Market Breakdown by Printing Type
8 Market Breakdown by Device Used
9 Market Breakdown by Distribution Channel
10 Market Breakdown by Region
11 SWOT Analysis
12 Value chain analysis
13 Analysis of the five forces of carriers
14 Price Analysis
15 Competitive landscape
15.1 Market structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/5og56q
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220221005397/en/
Laura Wood, Senior Press Officer
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