Photo Printing Market Growth and Segments,2016-2026 FMI | Page 3

Report Description Report Description Photo printing is the procedure of creating a final image on paper for observing chemically induced paper. The paper is visible to a photographic negative, a positive transparency or a digital image file. The printing is either done on black and white paper or on colored paper. Over the past few years, the global photo printing market has grown at a rapid pace and is anticipated to witness steady growth in the future as well. The popularity of digital photo printing has led to rapid uptake in the end-use segments. Though digital printing has a higher cost per page as compared to traditional printing, the cost is counterbalanced by not having it necessary to have all the technical procedures in place that are vital to frame printing plates. While rising smartphone ownership has got more people clicking photos, it has also led to a decline in the number of people actually printing their photos. As people carry their smartphones with them all the time, they hardly feel the need to print their photos. This is a major factor that has curbed the growth of the market in the recent years, and it’s expected that in the future, this factor will continue to pose challenges to growth. Global Photo Printing: Market Segmentation The global photo printing market is segmented on the basis of film printing and digital printing, of which the latter is expected to gain majority share in the global photo printing market during the forecast period.