Middle East and Africa Photo Printing and Merchandise Market, By Product (Calendars, Cards, Mugs, Photo Books, Photo Gifts, Prints, T-Shirts, Wall Arts and Others), Printing Type Model (Digital Printing and Film & Offset Printing), Device (Desktop and Mobile), Distribution Channel (Instant Kiosk, Online Stores, Retail Stores and Others), Country (South Africa, Saudi Arabia, U.A.E., Egypt, Israel and Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Middle East and Africa Photo Printing and Merchandise Market
The photo printing and merchandise market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.5% in the forecast period of 2021 to 2028 and is expected to reach USD 3,336.28 million by 2028. The increasing usage of mobile devices for high-resolution pictures is expected to act as a driver for the photo printing and merchandise market in the forecast period.
The photo printing and merchandise market encircles retailers offering greeting cards, personalized photo prints and merchandise. These retailers provide design, sourcing, printing, distribution and a large physical store network. Development in picture capturing technologies in recent years has changed how people take a picture, as the technology is evolving very quickly. There is no need to carry huge cameras for better quality pictures due to advancements.
The growing demand for 3D prints and images is expected to act as a driver for the photo printing and merchandise market in the forecast period. The high costs associated with the installation and maintenance of self-printing kiosks is expected to restraint the photo printing and merchandise market in the forecast period. The surging growth in e-commerce is expected to bring opportunities for the photo printing and merchandise market to grow in future. The paper calendars being replaced by digital planners is expected to challenge the photo printing and merchandise market to grow in the near future.
This photo printing and merchandise market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the photo printing and merchandise market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Photo Printing and Merchandise Market Scope and Market Size
The photo printing and merchandise market is segmented into four notable segments which are based on product, printing type model, device and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the photo printing and merchandise market is segmented into calendars, cards, mugs, photo books, photo gifts, prints, t-shirts, wall arts and others. In 2021, photo books segment is dominating the market as it has become easy for users to just upload photos on the web platforms and get their photo book personalized before ordering.
- On the basis of printing type model, the photo printing and merchandise market is segmented into digital printing and film & offset printing. In 2021, film & offset printing segment dominates the market as this type of printing method can be used for printing bulk products such as posters, pamphlets, banners, blankets, cushion covers, printed t-shirts and others.
- On the basis of device, the photo printing and merchandise market is segmented into desktop and mobile. In 2021, desktop segment dominates the market as visualizing the image has become easier as many desktop tools are available for the purpose.
- On the basis of distribution channel, the photo printing and merchandise market is segmented into instant kiosk, online stores, retail stores and others. In 2021, retail stores segment dominates the market as consumers can collect their product immediately without having to wait for the delivery to arrive.
Middle East and Africa Photo Printing and Merchandise Market Country Level Analysis
Middle East and Africa photo printing and merchandise market is analysed and market size information is provided by the country, product, printing type model, device and distribution channel as referenced above.
The countries covered in the Middle East and Africa photo printing and merchandise market report are the South Africa, Saudi Arabia, U.A.E., Egypt, Israel and Rest of Middle East and Africa.
The U.A.E. is expected to dominate in the Middle East and Africa photo printing and merchandise market as the region has high penetration of e-commerce industry which is increasing the growth of photo printed merchandise.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Photo Printing and Merchandise
The photo printing and merchandise market also provides you with detailed market analysis for every country growth in installed base of different kind of products for photo printing and merchandise market, impact of technology using life line curves and changes regulatory scenarios and their impact on the photo printing and merchandise market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Photo Printing and Merchandise Market Share Analysis
The photo printing and merchandise market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Middle East and Africa presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Middle East and Africa photo printing and merchandise market.
The major players covered in the Middle East and Africa photo printing and merchandise market report are Kodak Alaris Inc., Walmart and District Photo, Inc. among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many contract and agreement are also initiated by the companies’ worldwide which are also accelerating the photo printing and merchandise market.
For instance,
- In July 2019, Kodak Alaris Inc. launched the M1 Order Station, a kiosk focused on smartphone printing. The new solution is designed for providing an affordable and scalable photo printing solution to retailers. The new solution delivered a high-quality printing experience without a big investment in capital or floor space. The new product acted as a customer-centric experience that elicited interaction while driving traffic and building customers’ loyalty for the company.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for photo printing and merchandise through expanded range of size.
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