Photo Printing and Merchandise Market Will Register a CAGR of 2.6% Through 2027
According to a recent market report published by Future Market Insights, titled " Photo Printing and Merchandise Market : Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028," the US$ 16.9 Bn photo printing and merchandise market is expected to register a CAGR of 2.6% through the forecast period.
- According to a recent market report published by Future Market Insights, titled " Photo Printing and Merchandise Market : Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028," the US$ 16.9 Bn photo printing and merchandise market is expected to register a CAGR of 2.6% through the forecast period.
- However, it is most likely that the photo printing segment will lose its market share to merchandise printing, predominantly attributed to bolstering demand for merchandise printing products such as mugs, pillows, cushions, photo books, and others.
- By the end of 2028, the revenue contribution through merchandise printing to the global photo printing and merchandise market value is anticipated to reach around 25%.
- Furthermore, digital printing is expected to take over the film printing module, whereas mobile printing mode is foreseen to win a major market share over desktop printing.