Overview and Scope
Online photo printing is the process of uploading digital images to a website or platform where users can order prints of their photos to be produced and delivered to their desired location, offering convenience and accessibility for preserving and sharing memories in physical format.
Sizing and Forecast
The online photo printing market size has grown strongly in recent years. It will grow from $12.16 billion in 2023 to $12.94 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to smartphone penetration, social media usage, digital camera sales, e-commerce growth, technological advancements, changing consumer preferences, increasing internet penetration, rising disposable income, demand for personalized products, and convenience of online ordering.
The online photo printing market size is expected to see strong growth in the next few years. It will grow to $16.16 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to augmented reality applications, 3D printing innovations, sustainability initiatives, subscription services, the emergence of niche markets, advancements in printing technology, demand for eco-friendly printing options, integration with smart devices and IoT, and expansion of print-on-demand services. Major trends in the forecast period include high-quality prints, mobile printing solutions, integration with social media, on-demand printing, and augmented reality (AR) integration.
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Segmentation & Regional Insights
The online photo printing market covered in this report is segmented –
1) By Product: Prints, Wall Art
2) By Type: Digital Printing, Film Printing
3) By Applications: Enterprise, Individual
North America was the largest region in the online photo printing market in 2023. The regions covered in the online photo printing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing smartphone penetration is expected to propel the growth of the online photo printing market going forward. A smartphone is a mobile device that combines cellular connectivity with advanced computing capabilities, allowing users to access the internet, run applications, and perform various multimedia functions. Smartphones are being widely adopted due to their versatility, offering users seamless access to communication, entertainment, productivity, and internet services on a single portable device, enhancing convenience and connectivity in modern lifestyles. Smartphones enable easy online photo printing by allowing users to upload and order prints directly from their devices through various apps and websites. This convenience has made photo printing more accessible and user-friendly. For instance, in April 2022, according to the Department of Telecommunications under the Ministry of Information and Communications, a Vietnam-based regulatory agency, Vietnam recorded 91.3 million smartphone subscribers in 2021. This figure increased by over 2 million at the end of March 2022, resulting in a total of 93.5 million subscribers, equivalent to 73.5% of the nation’s adult population. Therefore, increasing smartphone penetration is driving the growth of the online photo printing market.
Key Industry Players
Major companies operating in the online photo printing market are Cimpress plc, Shutterfly Inc., Eastman Kodak Company, Cewe Stiftung & Co KGaA, Printful Inc., Photobox Ltd, FUJIFILM Corporation, Zazzle Inc., Minted LLC, Mpix, Millers Professional Imaging Co, Moo Print Ltd, Blurb Inc, Bay Photo Lab, Snapfish LLC, Artifact Uprising LLC, Mixbook Inc, Nations Photo Lab LLC, Ifolor AG, Digitalab Ltd, Saal Digital Photoservice GmbH, GotPrintcom Inc, Printique, Chatbooks Inc, PSPrint
The online photo printing market report table of contents includes:
1. Executive Summary
2. Online Photo Printing Market Characteristics
3. Online Photo Printing Market Trends And Strategies
4. Online Photo Printing Market – Macro Economic Scenario
5. Global Online Photo Printing Market Size and Growth
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32. Global Online Photo Printing Market Competitive Benchmarking
33. Global Online Photo Printing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Online Photo Printing Market
35. Online Photo Printing Market Future Outlook and Potential Analysis
36. Appendix
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