Rapid improvement in wireless connectivity networks and broadband infrastructure has been driving the growth of market for photo printing & merchandise.
A recent study has been conducted by Future Market Insights, which estimates that there would be a very sluggish 2.6% CAGR growth of the market for photo printing & merchandise over the forecast period, 2018-2028. Most importantly, the market for photo printing & merchandise is also expected to reach an estimate of nearly US$ 22Bn by the end of 2028. Evolving effective photo printing & merchandise for the end-users will be considered as a significant trend that progressively influences the market growth for photo printing & merchandise. Apart from this, the study also offers highly productive insights with regards to the growth of global market in the upcoming years.
The analysts who were a major part in the development of report have assured that they delivered significantly valuable information related to the market expansion for photo printing & merchandise through 2028. Furthermore, analysts are also taking immense efforts for catering to the increasing concerns of the market observers and industry backers.
What have been those major factors that led to restraints in the growth of market for photo printing & merchandise?
Rapid penetration of 3D printing technology and expanding base of the smartphone owners as well as app-users have been posing heavy challenges for the global market growth since the recent past.
When it comes to regions in the market for photo printing & merchandise, are there any useful insights that you would like to provide?
Yes. Certainly. Western Europe and North America are likely to be the most lucrative regions that would contribute significantly for the market growth of photo printing & merchandise in the future years. Also, Western Europe is expected to offer significant opportunities to the key players as well as manufacturers. APAC countries will offer lucrative growth opportunities for the global market.
Can you highlight some important factors that will help the market for photo printing & merchandise to flourish?
Surely. Most importantly, e-commerce sector has been contributing significantly towards the overall growth of market for photo printing & merchandise. Increasing usage of smartphones as well as related applications that help in capturing and sharing photos has been leading to the growth of global market.
What are the likely trends in the market for photo printing & merchandise?
Well, analysis shows that e-commerce companies will be highly focusing on providing more online photo printing facilities. Manufacturers are also working towards enhancing the connectivity features.
Can we have names of some key players in the market for photo printing & merchandise?
Certainly yes. Analysts so far have profiled Mpix, AdoramaPix Inc., Amazon Prints, Eastman Kodak Company, BayPhoto, Inc., Snapfish and Walgreens Co. amongst others as key players in the market for photo printing & merchandise.
A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1588
