Photo Printing & Merchandise Market by Product, Technology, Design, Sales Channel, End-Use

Description

List of Tables

[195 Pages Report] The Photo Printing & Merchandise Market size was estimated at USD 26.30 billion in 2023 and expected to reach USD 28.71 billion in 2024, at a CAGR 9.23% to reach USD 48.80 billion by 2030.

The global photo printing & merchandise market is growing diversly with the rising need for customized and personalized printed photos widely used to help businesses and organizations establish branding, build team spirit, support a cause, and more. Several advanced digital printing techniques that involve the creation of photo prints with the help of styles conceptualized using computer software are gaining popularity over other troublesome and time-consuming printing techniques like roller, screen, and transfer printing owing to their cost-effectiveness. Demand for custom-designed, photo-printed merchandise through online channels and the use of photo printing for brand marketing, and the trend of loyalty programs are driving the market. Moreover, the use of high-performance digital cameras and printers for commercial and bulk photo printing limits the market growth due to the increased cost of the products. Additionally, custom-designed t-shirts, calendars, gift items, slogans, and others are being used by companies more promptly as a current and modern branding strategy by companies to brand their company and offerings.

KEY MARKET STATISTICS
Base Year [2023]	USD 26.30 billion
Estimated Year [2024]	USD 28.71 billion
Forecast Year [2030]	USD 48.80 billion
CAGR (%)	9.23%

Furthermore, several companies, especially small-medium enterprises (SMEs) and start-ups, use the photo printing merchandise technique to boost brand visibility and attract the attention of their prospective customers. Therefore, the growing use of customized printed products as a branding tool is expected to augment market growth over the forecast period.

Product: Consumer preference for customized photo gifts to prioritize novelty and emotional connection

Personalized calendars have seen a steady demand due to their dual functionality as organizational tools and personalized decor items. Customers lean towards customizing calendars with personal photos for desk or wall use, indicating a need for both practical utility and emotional value. The photo card boasts significant seasonal peaks, notably during holidays and special events. Clients seek unique, high-quality designs of photo cards that can be personalized. The photo gift encompasses many products, including mugs, pillows, and custom apparel. The novelty and emotional connection customization offers highly drive consumers' preferences. The traditional photo prints remain stable, with a dedicated customer base valuing tangible memories. Despite digital shifts, the photo prints are still revealed, particularly for archival and decorating purposes. Wall decor, including canvas prints, metal prints, and framed photos, caters to those looking to personalize their living or working spaces with unique or curated artwork. Customers prioritize quality, aesthetic appeal, and customization options in the wall decors.

Sales Channel: Wide availability of photo printing products and merchandise on online platforms

The offline sales channel primarily involves physical retail stores and kiosks offering photo printing and merchandise services directly to the consumer. The offline sales channel caters to customers who prefer physical proofing of their products and direct interpersonal interaction for customized service. Customers lean towards offline channels for immediate printing needs and when seeking highly personalized product selection and design assistance. Online sales channels include eCommerce platforms and dedicated websites that allow customers to order photo prints and customized merchandise to be delivered to their doorstep. Customers drawn to the online channel typically prioritize convenience, the ability to compare products and prices, and the benefit of reading customer reviews. The online channel is favored for bulk orders and when seeking unique or customizable merchandise that is not readily available offline. The online channel offers unparalleled convenience, variety, and the ability to compare products, catering to a digitally native audience and those seeking customized solutions on a larger scale quickly.

Regional Insights

Increasing focus on creating brand awareness and building customer loyalty across commercial sectors such as retail and BFSI is expanding the usage of various types of photo printing & merchandise services in the Americas, Europe, and APAC. The increasing number of start-ups across the Americas and Asia-Pacific and their focus on providing photo printing & merchandise services that can be integrated with social media accounts that allow users to directly select and print their photos from their respective social media profiles is expected to benefit the growth of the market. Additionally, increasing sports activities and tournaments increases the demand for customized t-shirts and cups across Europe. The availability of online platforms and advancements in digital printing technology is expanding the availability of various photo printing & merchandising services worldwide. Growing disposable income and rising consumer interest in exploring new technology-based gifting articles such as cards, mugs, photo books, and customized t-shirts are subsequently benefiting the photo printing & merchandising market growth in the Asia-Pacific and EMEA region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Photo Printing & Merchandise Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Photo Printing & Merchandise Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Photo Printing & Merchandise Market, highlighting leading vendors and their innovative profiles. These include Amazon.com, Inc., Card Factory, Cimpress PLC, Circle Graphics, Inc., Digitalab Ltd., District Photo, Inc., DocuMart, EZ Prints, Inc., Fujifilm Holdings Corporation, Google LLC by Alphabet Inc., Hallmark Cards, Incorporated, Kodak Alaris Holdings Limited, Miller's Professional Imaging Co., Minted, LLC, Nations Photolab, Photobox Limited, PlanetArt, LLC, Printful Inc., Printify, Inc., Printique LLC, ProDPI, Rakuten Shashinkan, Inc. by Rakuten Group, Inc., RitzPix, RPI Print, Inc., Saal Digital Corporation, Sfidante Co., Ltd. by MIXI, Inc., Shutterfly, LLC, Smartphoto Group NV, SmugMug, Inc., Teespring, Inc., Timpson Ltd., Walgreens Boots Alliance, Inc., Walmart Inc., WhiteWall USA Inc., Xpozer Europe B.V., Yourdesign, and Zoomin.

Market Segmentation & Coverage

This research report categorizes the Photo Printing & Merchandise Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Calendars
- Photo Cards
- Photo Gifts
- Photos Only
- Wall Decor

Technology
- 3D Printing
- Digital Printing
- Instant Printing
- Screen Printing
- Specialty Printing
- Traditional Film Printing

Design
- Artwork
- Graphic Designs

Sales Channel
- Offline
- Online

End-Use
- Commercial/Bulk
- Personal

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Photo Printing & Merchandise Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Photo Printing & Merchandise Market?

3. What are the technology trends and regulatory frameworks in the Photo Printing & Merchandise Market?

4. What is the market share of the leading vendors in the Photo Printing & Merchandise Market?

5. Which modes and strategic moves are suitable for entering the Photo Printing & Merchandise Market?

Product Code: MRR-030EE4851619

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Use of photo printing for brand marketing and trend of loyalty programs
  - 5.1.1.2. Exponential availability of photo-printed merchandise in online channels
  - 5.1.1.3. Growing focus on celebrations, events, and the popularity of customized gifts
- 5.1.2. Restraints
  - 5.1.2.1. High cost of printers and consumables required for photo printing
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of social selling with print-on-demand services
  - 5.1.3.2. Advancements in digital and 3D printing technology
- 5.1.4. Challenges
  - 5.1.4.1. Technical complexities of bulk printing and product quality concerns
5.2. Market Segmentation Analysis
- 5.2.1. Product: Consumer preference for customized photo gifts to prioritize novelty and emotional connection
- 5.2.2. Sales Channel: Wide availability of photo printing products and merchandise on online platforms
5.3. Market Trend Analysis
- 5.3.1. Rising adoption across the commercial sector with the presence of native global players in the Americas
- 5.3.2. Emerging start-ups ecosystem providing customized photo printing & merchandise services derived from distinct cultural traditions and language trends Asian market
- 5.3.3. Execution of European government supported cultural and sports events in collaboration with freelance business photo printing
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework Analysis
5.9. Client Customization

6. Photo Printing & Merchandise Market, by Product

6.1. Introduction
6.2. Calendars
6.3. Photo Cards
6.4. Photo Gifts
6.5. Photos Only
6.6. Wall Decor

7. Photo Printing & Merchandise Market, by Technology

7.1. Introduction
7.2. 3D Printing
7.3. Digital Printing
7.4. Instant Printing
7.5. Screen Printing
7.6. Specialty Printing
7.7. Traditional Film Printing

8. Photo Printing & Merchandise Market, by Design

8.1. Introduction
8.2. Artwork
8.3. Graphic Designs

9. Photo Printing & Merchandise Market, by Sales Channel

9.1. Introduction
9.2. Offline
9.3. Online

10. Photo Printing & Merchandise Market, by End-Use

10.1. Introduction
10.2. Commercial/Bulk
10.3. Personal

11. Americas Photo Printing & Merchandise Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Photo Printing & Merchandise Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Photo Printing & Merchandise Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Kodak signs Print & Finishing Solutions as new Channel Partner
- 14.3.2. Hallmark Brings Springtime Joy with Seasonal Gifts and Greetings
- 14.3.3. Info Edge (India) Arm to Invest INR. 4 Cr. in Printo Document Services.
- 14.3.4. JS Color Lab takes photo printing to the next level with Ricoh Pro
- 14.3.5. Fujifilm Partners with Gooten to Enable Businesses to Expand Print-On-Demand Capabilities.
- 14.3.6. Kodak Moments Creates and Launches an Online Photo Printing Website for Carrefour France
- 14.3.7. Circle Graphics, an H.I.G. Capital Portfolio Company, Completes Acquisition of JONDO
- 14.3.8. Albelli and Photobox Complete Merger To Create Leading Online European Photo Products & Gifting Business.
- 14.3.9. Parle G Partners with Redwolf for its Genius Merchandise Collection.
- 14.3.10. YesAnd & Kornit Digital Launch Customizable On-Demand Printing Collaboration With Fashinnovation.
- 14.3.11. Google expands its photo and canvas printing service to Europe and Canada
- 14.3.12. Shutterfly Partners With Marie Kondo on an Exclusive Product Collaboration, a First for the Brand.
- 14.3.13. Shutterfly Acquires Spoonflower in Major Expansion Beyond Photo Personalization.

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio