
Photofinishing in the US - Industry Market Research Report
Description
Photofinishing in the US - Industry Market Research Report
Photofinishing in the US
Competition from social networks and photo-sharing platforms has depressed demand for Photofinishing industry services, as these companies benefit from cost advantages over strictly photofinishing businesses, which enables them to charge lower prices. While rising per capita disposable income and novel value-added products supported demand for industry services over the five years to 2019, overall industry revenue is expected to decline. Over the five years to 2024, the growth of photo merchandising is expected to benefit the Online Photo Printing industry (IBISWorld report OD5450) much more than it will the Photofinishing industry, providing little relief to the structural issues that industry operators experience.
The Photofinishing industry primarily develops digital images to produce customized prints, albums and other merchandise such as playing cards or mugs. Traditional photofinishing involves film processing and printing. Companies may also transfer physical copies of photographs to digital files. The industry excludes companies that offer their services exclusively online or stores that offer printing services in addition to their primary means of earning revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Photofinishing in the US
Competition from social networks and photo-sharing platforms has depressed demand for Photofinishing industry services, as these companies benefit from cost advantages over strictly photofinishing businesses, which enables them to charge lower prices. While rising per capita disposable income and novel value-added products supported demand for industry services over the five years to 2019, overall industry revenue is expected to decline. Over the five years to 2024, the growth of photo merchandising is expected to benefit the Online Photo Printing industry (IBISWorld report OD5450) much more than it will the Photofinishing industry, providing little relief to the structural issues that industry operators experience.
The Photofinishing industry primarily develops digital images to produce customized prints, albums and other merchandise such as playing cards or mugs. Traditional photofinishing involves film processing and printing. Companies may also transfer physical copies of photographs to digital files. The industry excludes companies that offer their services exclusively online or stores that offer printing services in addition to their primary means of earning revenue.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
45 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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