Global Mobile Photo Printer Market Will Reach $4.41 Billion by 2023
Global Mobile Photo Printer will register a 14.6% CAGR in terms of revenue, reach $4410 million by 2023, from $1950 million in 2017. Mobile photo printer is a small photo printer, its biggest feature is easy to carry, and you can immediately print photos with it.
The Mobile Photo Printer consumption volume was 14.723 million Units in 2016 and is expected to reach 18.8 million Units in 2017 and 34.57 million Units in 2021, growing at a CAGR of 18.74% from 2017 to 2021. North America’s sales volume accounted for the highest market share (26.52%) in 2016, followed by Europe.
At present, the manufactures of Mobile Photo Printer are concentrated in Japan, North America, and Asia Other. Japan is the largest production area in the world, which occupied about 50.77% in 2016. The following areas are North America. The global leading players in this market are Canon, Fujifilm, Polaroid, and HP.
Despite the presence of competition problems, due to the increasing demand for leading-edge, effective products, investors are still optimistic about this area; the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
