Global Photo Printing and Merchandise Market: Overview
Smartphones and tablets are replacing desktops for their flexibility and portability. These devices have high-resolution cameras and numerous applications for users to improve picture quality. The rising usage of mobile devices, which are resulting in substantial rise in the number of photos that are taken are boosting adoption of photo printing and merchandise devices.
The photo printing and merchandise market report represents the current scenario coupled with future growth and opportunities present in the global market. One of the important part of the photo printing and merchandise market report is competitive landscape, which offers details of key players operating in the photo printing and merchandise market such as company history, SWOT analysis, annual turnover, mergers new product launches, acquisitions (M&A) activities, and recent research and development (R&D).
Global Photo Printing and Merchandise Market: Drivers and Restraints
Customers have access to numerous photo editing social media sites for enabling easy editing and customizations. Growing demand for 3D images are influencing vendors for installing latest technologies and innovative products by delivering customers with gifting products. Emergence of these products is propelling growth of the global photo printing and merchandise market. Additionally, the lenticular painting is gaining prominence in the gift accessories segment. This growing demand is also augmenting growth of the global photo printing and merchandise market.
Additionally, vendors are trying to offer HD pictures by using photo merchandising for improving the quality of pictures. Such innovations and product improvement in photo printing and merchandise are one of the key trends observed in the photo printing and merchandise market over the forecast period.
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Furthermore, several large businesses are using desktops as printing services for fulfilling demand for large commercial photo printing requirements. Businesses are incompetent for affording the expensive mobile interface and innovative photo printing techniques are propelling growth of the global photo printing and merchandise market.
Global Photo Printing and Merchandise Market: Geographical Analysis
On the basis of region, the photo printing and merchandise market could be segmented into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Of these regions, North America is expected to expand with faster growth over the forecast period. This growth is attributable to the factors such as rapid and early adoption of photo printing and merchandise devices coupled with emergence of advanced devices.
Global Photo Printing and Merchandise Market: Companies Mentioned
Some of the key players operating in the photo printing and merchandise market are American Greetings, CafePress, Hallmark, Shutterfly, HP, CVSPharmacy, and Walmart. The key players are facing high competition among from last few years and expected to increase level of the competition among them.
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Market segmentation based on geography:
Middle East and Africa