*NEWS*RETAIL PHOTO PRINTING $4BIL+ BY 08/2004-10-05

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*NEWS*RETAIL PHOTO PRINTING $4BIL+ BY 08/2004-10-05

 user 2013-06-23 at 10:00:18 pm Views: 98
  • #2195
    Revenue from Retail Digital Photo Printing Will Exceed $4 Billion Worldwide in 2008

     

    36 percent compound annual growth rate forecast

    NEWTONVILLE, MA(October 2004)—A new report from finds that worldwide revenue from retail printing of photos captured with digital cameras will grow from approximately $900 million in 2003 to $4.3 billion in 2008, a robust compound annual growth rate of 36 percent. The comprehensive report, Consumer Photo-Printing Market: Where Digital Photos Will Be Printed, examines consumer behavior and the key issues and trends driving the digitally captured photo-printing market. The report explores divergent and dynamic consumer trends in at-home, retail, and online printing of photos taken with digital cameras.

     

    "The majority of photos taken with digital cameras will continue to be printed at home, signaling protracted opportunities for ink jet printer and supplies vendors. Ultimately, however, this channel will steadily decline in popularity," Digital Photography Advisory Service. adds, "The biggest growth forecast is in retail digital photo printing. The conveniences associated with the retail option will contribute to a formidable compound annual growth rate of 36 percent in revenue."

    Consumer Photo-Printing Market: Where Digital Photos Will Be Printed provides a wide-ranging look at consumer digital photo-printing trends, including worldwide and regional market forecasts through 2008. The report also outlines the opportunities and challenges for vendors and profiles the companies that are emerging as leaders in the digital photo-printing market.

     
     
    Consumer Photo-Printing Market: Where Digital Photos Will Be Printed 
     


    The growing popularity of digital cameras is increasing the number of digital photos taken and saved. This, in turn, translates into more digital photos printed at various locations including at home, in retail locations, and via online photo-printing services. In a new report entitled Consumer Photo-Printing Market: Where Digital Photos Will Be Printed, forecasts that revenue from photo prints captured with digital cameras will increase from $6.6 billion in 2002 to $15.1 billion in 2008, a compound annual growth rate of 12 percent.
     

    With home, retail, and online photo-printing options, where consumers choose to print their digital photos now and in the future is the key issue in this market. This report looks at consumer behavior and deals with the key issues and trends driving the photo-printing market, which has become a dynamic segment now that digital cameras have reached mass-market appeal.

    Consumer Photo-Printing Market: Where Digital Photos Will Be Printed includes digital camera shipment and revenue forecasts through 2008, estimates of the size of the photo-printing market for digital cameras with details by world region, and suggestions for vendors on capturing their share of this burgeoning market.







    * Post was edited: 2004-10-05 10:20:00