The report includes growth prospects in light of current North America photo printing market trends and driving factors influencing the market growth. The proliferation of the e-commerce sector and a rise in the penetration of the internet as well as smartphones are fueling the North America photo printing market growth. Moreover, the growing demand for kiosks and the integration of AI in photo printing drives the market. Predictive maintenance, digital automation, real-time response, and mobile photo printing are a few of the AI techniques that can improve photo printing and are expected to create opportunities for the growth of the market in the coming years.
Photo printing is the process of printing an image on cards, paper, cardboard, and articles. Several types of photo printing techniques have been used for decades, such as fine art paper prints, which print a digital photo on high-quality paper. The metal prints are printed directly on metal sheets. Further, there are various types of mediums for photo printing through which photos are printed, such as offset lithography, thermographic printing, letterpress, engraving, electrostatic printing, and screen printing.
Individuals use photo printing services to retain memories, decorate their homes, and create unique gifts for occasions such as birthdays, weddings, and holidays. Commercial entities such as stores, e-commerce platforms, and marketing agencies use photo products for branding, promotional campaigns, and merchandise offerings.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.12 Billion |
Market Size by 2031 | US$ 10.63 Billion |
Global CAGR (2023 - 2031) | 5.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The List of Companies - North America Photo Printing Market
The North America photo printing market was estimated to be valued at US$ 7.12 billion in 2023 and is expected to grow at a CAGR of 5.1% during the forecast period.
Proliferation of e-commerce and rise in penetration of smartphones and internet are driving factors of North America photo printing market.
Rising demand for personalized products is expected to drive the growth of the North America photo printing market in the coming years.
The key players holding majority shares in the North America photo printing market include FUJIFILM Holdings Corp., Shutterfly LLC, Cimpress Plc, Kodak Alaris Holdings Ltd, and Walgreens Boots Alliance Inc.
The digital printing segment led the North America photo printing market with a significant share in 2023 and is expected to grow with the highest CAGR.
The North America photo printing market are expected to reach US$ 10.63 billion by 2031.