Global Photo Printing Kiosk Market: Global Share, Size and Growth Prospects, Industry Insights, Driving and Restraining Factors, Opportunities, Threats, Macro Trends, Leading Company Analysis, and Overall Growth Forecast to 2028
Global Photo Printing Kiosk Market is estimated to be valued at US$ XX Mn in 2019, and register CAGR of XX% between 2019 to 2028. The report offers analysis and insights regarding strategies that can be focused on to gain higher profit margins. The global photo printing kiosk market report provides in-depth analysis post extensive investigation and research about market size in terms of revenue, gross margin of the product, and available product range and products in pipeline. In addition, it covers market growth prospects during the forecast period, and target market landscape. Furthermore, the report includes statistical charts that can aid in analyzing year-on-year revenue trend, global market revenue share and growth rate. The photo printing kiosk market report provides an insight about certain factors influencing or impacting the global photo printing kiosk market such as PEST Analysis and Porter’s Five Forces Analysis. The global photo printing kiosk market report has been segmented on the basis of type, application, and region.
Overview of Photo Printing Kiosk
Photo printing kiosk is the most prevalent self-service photo printing device. Photo printing kiosks are interactive that enable users to print photos from their digital device. Photo printing kiosks offer various features such as an attractive and simple user interface, built-in image editor, and easy-to-use configuration tools.
Market Dynamics: Drivers, Challenges, and Opportunities
Ever-increasing inclination of individuals towards preserving photos as memories regardless of age factor has created opportunities for certain companies to develop photo printing kiosks, and demand for such kiosks have been increasing faster since its introduction. This is also a major factor that is expected to continue to drive growth of the target market in the years to come.
Moreover, rising preference towards printing self-service as it is easier and faster than depending on the photo printing outlets, coupled with kiosk’s interactive feature to enhance user experience are other major factors driving growth of the target market. In addition, photo printing kiosks have various other features such as user-friendly, easy to use, faster process by clicking a few tabs are factors expected to support adoption of kiosks for printing photos and drive market growth.
Growing number of smartphone and tablet users for capturing and sharing photos is also expected to boost growth of the global photo printing kiosk market.
However, high cost associated with installation and maintenance of photo printing kiosks is a major factor that could hamper adoption rate and growth of the target market. In addition, lack of understanding on how to use the kiosk, and availability of other printing options is another factor that could result in low demand for self-printing kiosk services and challenge growth of the global market.
Nevertheless, integration of artificial intelligence for predictive maintenance, cybersecurity, and automation of paper to digital photo process in digital printing kiosks can create high revenue opportunities for prominent players operating in the global market.
Among the type segments, the mini photo printing kiosk segment is expected to account for major revenue share in the global market in 2019.
Among the application segments, the drug store segment is expected to register highest growth rate in terms of revenue over the forecast period.
The photo printing kiosk market in North America is expected to dominate in the global market with major revenue share and is expected to maintain its position over the forecast period. Trend of early adoption of new technologies, rising spending capacity among individuals and inclination towards sharing photos over social media platforms in countries in the region are key factors driving the North America market growth. Moreover, rising demand for photo printing kiosks from various industries such as entertainment, retail, healthcare, and travel is projected to support growth of the photo printing kiosk market in the years to come. Market in Europe is projected to account for second-highest share in terms of revenue in the target market, followed by the Asia Pacific market.
Target Market News
In March 2019, Mpix, a US-based company, launched – Thirty9 – a site that offers wall decor to professional photographers. in addition, Thirty9 offers four different collections of photographs, namely, a neutral palette, deep reflections, plant new trees, and step outside, and can be printed on a variety of substrates.
In March 2019, a US-based digital distribution company, Smilebox, Inc., launched new add-on – Smilebox for Gmail add-on. This add-on allows Gmail users to send customized animated eCards directly from their Gmail accounts.
Global Photo Printing Kiosk Market Segmentation:
Segmentation by Type:
- Mini Photo Kiosk
- Photo Kiosk Stand
Segmentation by Application:
- Drug Store
- Grocery and Convenience Stores
- Electronic and Phone Stores
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Estimated Year 2020 Actual Year 2021 Forecast Period 2021–2030 Revenue in US$
- Olea Kiosks
- Mitsubishi Electric Corporation
- Dai Nippon Printing Co., Ltd.
- Fujifilm Holdings Corporation
- HiTi Digital, Inc.
- KIOSK Information Systems
- Toshiba Tec Corporation
- Photo-Me International plc
- GDS Holding
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