Photo Printing and Merchandise Market 2022 Industry Research, Segmentation, Key Players Analysis and Forecast to 2028
The US$16.9 billion picture printing and merchandising market is anticipated to grow at a CAGR of 2.6% from 2018 to 2028, according to a recent market study by Future Market Insights titled “Photo Printing and Merchandise Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018–2028.” However, until 2028, the market will continue to grow at a moderate rate thanks to the development of 3D printing technology and rising smartphone application usage. Ecommerce businesses focusing on providing online photo printing services and the majority of manufacturers focusing on launching picture printing kiosk with improved connection capabilities are some of the most recent trends in the photo printing and merchandise market. The market outlook may be modestly improved by these trends, but the picture printing and merchandising industry is expected to grow slowly overall over the course of the projected period. Due to the continuous popularity of printed images among...