Photo Printing Kiosk is an interactive kiosk found in many drugstores, discount stores, and grocery stores. Photo Printing Kiosks have a number of different features, but most offer the convenience of submitting photos to be printed, or for resizing or enlarging photos. A Photo Printing Kiosk offers speed and convenience, but often at a slightly higher price than printing photos at home or online.
The worldwide Photo Printing Kiosk market is expected to grow at a CAGR of roughly 6.3% over the next five years, will reach $2030 million in 2023, from $1500 million in 2017, according to a new research report. Photo Printing Kiosk is an interactive kiosk which allows users to print pictures from their digital images.
With a rapid growth in digital cameras and camera phones, the photo industry has not remained the same as it was about 10 years ago. Today people are shooting pictures at a frantic pace and they have more photos to print in a month than what they used to do in 2 to 3 years. Naturally, this has propelled the demand for self-service kiosks where customers can get the printouts quickly at affordable prices.
The market concentration status is not so high or now. Vast small players are participating in the market. But it is the big brands that impact the development of this market in recent years, and major players in this market are Kodak, Mitsubishi, Dai Nippon Printing (DNP), FUJIFILM and HiTi, Laxton.
For the coming period, global consumption of Photo Printing Kiosk will show upward tendency further, consumption is expected to be about $1924.80 million in 2022. More players are coming into this market and make a difference in this market, like HP.
Despite the presence of competition and brand effect problems, due to the awareness of end-users and their demand for high-end products, investors are still optimistic about this area. There will be more new investors entering into this industry in the future. The manufacturers who want to occupy the market must depend on market mechanism reform, core technology improvement, manufacturing equipment innovation, and brand establishment.
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