Photo Printing Kiosk Market Forecast 2023 - 2030

Report ID : CBI_1147 |  Category : Consumer Goods   | Published Date:     |  Format :   ms word  ms Excel  PDF

Segments Covered :
By Type Mini Photo Kiosk and Photo Kiosk Stand
By End Use Event Photography, Corporate Offices, Public Spaces, and Others
By Distribution Channel Direct and Indirect
By Region North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Report Snapshots :
Base Year: 2022
CAGR: 1.7%
Forecast Year: 2023 - 2030
Revenue 2022: $1,915.00 Mn
Revenue 2030: $2,183.44 Mn

Photo Printing Kiosk Market Forecast 2023 - 2030

Market Overview :

Consegic Business Intelligence analyzes that the Photo Printing Kiosk Market is growing with a CAGR of 1.7% during the forecast period (2023-2030), and the market is projected to be valued at USD 2,183.44 Million by 2030 from USD 1,915.00 Million in 2022.

Market Definition :

A photo printing kiosk is a self-service machine that allows individuals to print their digital photos on-site. These kiosks are typically found in various locations such as retail stores, malls, theme parks, event venues, and tourist destinations. Users can conveniently select and print their digital images directly from their smartphones, memory cards, USB drives, or through wireless connections.

The photo printing kiosk market has seen significant growth over the years, driven by factors such as the global adoption of digital photography, the prevalence of smartphones with high-quality cameras, and the increasing demand for physical photo prints.

Photo Printing Kiosk Market :

Photo Printing Kiosk Market

Get More Information

Download Sample Report
 

Market Dynamics :

Photo Printing Kiosk Market Dynamics

Drivers :

  • The increasing popularity of digital photography has augmented the demand for photo printing kiosks.

    Smartphones are equipped with high-quality cameras that allow people to take professional-looking photos. Photo Kiosk offers consumers to select photos on their smartphone and print them out on the spot. The widespread adoption of smartphones and digital cameras has led to a spike in the number of digital photos being taken. In addition, the increasing use of applications that allows users to print photos directly from their smartphones is a significant factor that has made it more convenient for people to print their photos and has led to an increase in the demand for photo printing kiosks. For instance, according to the statistics reported by the Pew Research Center, in 2020, the share of smartphone users in America accounted for 85%. As a result, the increasing use of smartphones to take and share photos has surged the demand for photo printing kiosks.

  • The growing demand for convenience has fuelled the market growth.

    Photo printing kiosks provide a quick and easy way for individuals to print their digital photos directly from memory cards, and USB drives, as well as wirelessly from smartphones. This type of system is often located in high-traffic areas or public places such as retail stores, supermarkets, or photo studios, making it easily accessible to numerous users. Moreover, photo printing kiosks are a popular feature at many theme parks, allowing visitors to print and purchase photos taken during their park experience. For instance, according to the report published by Themed Entertainment Association (TEA), in 2021, attendance at theme parks increased globally by 72% in comparison to the previous year. Hence, the ease of convenience and accessibility of printing photos without much time investment is fostering the photo printing kiosk market growth.

Restraint :

  • The rise of online photo printing services is likely to restrict market growth.

    Online photo printing services offer a convenient and accessible way for consumers to print photos from their homes. This has led to a shift in consumer behavior, with more individuals opting to use online platforms for their printing needs. In addition to this, online platforms provide robust editing tools, allowing users to enhance and personalize their photos before printing. Thus, this factor is a major threat to the market, as consumers are increasingly turning to these services instead of using photo printing kiosks.

  • The high cost and maintenance of photo printing kiosks may hinder market growth.

    Photo printing kiosks require a significant upfront investment. The cost of these components along with installation expenses can be a barrier to entry for businesses that are considering adding photo printing kiosks to their operations. Also, maintenance tasks such as cleaning the printer heads, replacing ink cartridges, and updating software are some of the expenses that can be substantial for businesses. Additionally, photo printing kiosks may require dedicated staff for maintenance, troubleshooting, and customer support. Hiring and training personnel to manage the kiosks adds to the overall cost and ongoing expenses. Therefore, the aforementioned factors are likely to deter market growth over the forecast period.

Opportunities :

  • Partnerships with event organizers and businesses are anticipated to proliferate the demand for photo printing kiosks.

    Businesses often organize promotional events for customer engagement. This type of event can offer on-site printing services such as branded prints, custom frames, or other marketing collateral that promotes the business. Furthermore, partnering with event organizers allows photo printing kiosk providers to offer services at various events such as weddings, corporate functions, festivals, and sports events, among others. For instance,

    As a result, partnerships with event organizers and businesses allow for collaborative marketing efforts. By leveraging these partnerships, photo printing kiosk providers can tap into existing networks, gain access to new customer segments, and increase the utilization of their services. Thus, the above-mentioned factors are expected to foster market growth in the forecast years.

 

Photo Printing Kiosk Market Report Coverage :

Report Attributes Report Details
Study Timeline 2017-2030
Market Size in 2030 USD 2,183.44 Million
CAGR (2023-2030) 1.7%
By Type Mini Photo Kiosk and Photo Kiosk Stand
By End Use Event Photography, Corporate Offices, Public Spaces, and Others
By Distribution Channel Direct and Indirect
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa
Key Players Kodak Alaris Inc., DNP Imagingcomm America Corp. (Dai Nippon Printing Co., Ltd.), FUJIFILM Corporation, HiTi Digital, Inc., Peleman Industries, and Boft

Get More Information

Download Sample Report
 

Market Segmentation :

By Type :

The type segment is categorized into mini photo kiosk and photo kiosk stand. In 2022, the photo kiosk stand segment accounted for the highest market share. The increasing demand for photo kiosk stands is driven by several factors, including the rising popularity of self-service options and the demand for personalized experiences. This type of photo printing kiosk offers immediate printing capabilities, allowing customers to obtain physical copies of their photos on the spot. Hence, the aforementioned factors are fostering market growth.

However, the mini photo kiosk segment is anticipated to grow at the fastest CAGR during the forecast period. The key factor driving the segment growth is the portability and flexibility of the product. The flexibility to move and adapt the kiosks to various environments increases their appeal and usability. Additionally, the rapid increase in the number of pictures taken is a prominent factor that is expected to bolster the demand for mini photo kiosks. For instance, according to the data published by Photutorial, in 2021, 1.2 trillion photographs were taken worldwide, and 1.72 trillion in 2022.

By End Use :

The end use segment is categorized into event photography, corporate offices, public spaces, and others. In 2022, the event photography segment accounted for the highest market share of 38.50% in the overall photo printing kiosk market. With photo printing kiosks, event participants can instantly transform their digital photography into hard print copy. In addition, these systems also offer the opportunity for attendees to create customized souvenirs that serve as lasting reminders of their participation. As a result, the convenience and social sharing features offered by photo printing kiosks are contributing to the market growth.

However, the public spaces segment is expected to grow at the fastest CAGR during the forecast period. Public spaces include high-traffic areas such as shopping malls, theme parks, airports, tourist attractions, and entertainment venues, among others. According to the report published by Themed Entertainment Association (TEA), in 2021, attendance at theme parks in North America increased by 136% in comparison to the previous year. This is one of the key factors that will aid to surge product usage. Moreover, the growing tourism industry has created a strong demand for photo printing kiosks as travelers seek to capture and preserve their travel memories. For instance, according to the statistics reported by the European Travel Commission, the number of leisure visitor arrivals to Europe is expected to reach 883.6 million by 2023.

Global Photo Printing Kiosk Market, By End-Use Industry, 2022

Get More Information

Download Sample Report

By Distribution Channel :

The distribution channel segment is categorized into direct and indirect. In 2022, the direct segment accounted for the highest market share in the overall photo printing kiosk market and is also expected to grow at the fastest CAGR during the forecast period. The growth of the segment is attributed to the reduced cost savings associated with intermediaries. Direct distribution channels enable faster order fulfillment and delivery compared to traditional distribution models. In addition, the growing demand for reliable delivery networks owing to numerous fraud cases is another influencing factor propelling the demand for direct distribution channels for photo printing kiosks.

By Region :

The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

 
North America Photo Printing Kiosk Market, 2022 (USD Million)

Regional Growth Insights

Download Sample Report

In 2022, North America accounted for the highest market share of 36.80% and was valued at USD 704.72 million, and is expected to reach USD 807.43 million in 2030. In the North American region, the U.S. accounted for the highest market share of 66.55% in 2022 owing to the rise in the number of tourists and travelers. For instance, according to the statistics published by The World Tourism Organization (UNWTO), in 2021, the Americas accounted for a 17% increase in tourist arrivals as compared to 2020. In addition, the large presence of amusement parks, zoos, museums, and other tourist attractions will further increase the adoption of photo printing kiosks, in turn accelerating the market growth in the region.

Moreover, Europe is expected to grow at the fastest CAGR of 2.2% during the forecast period due to the increasing adoption of photo printing kiosks in retail stores. Photo printing kiosks offer convenience by being located within retail stores, making them easily accessible to customers. For instance, according to the data published by the Commons Library Research Briefing, the retail industry accounted for 35% of business turnover in the UK. Hence, the prevalence of a large number of retail stores in the region is one of the major factors contributing to the market growth in the forecast years.

North America Photo Printing Kiosk Market, By Countries (2022)

Details Countries Growth Insights

Download Sample Report
 

Photo Printing Kiosk Market Competitive Landscape:

The photo printing kiosk market is highly competitive, with several large players and numerous small and medium-sized enterprises. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include-

 

Frequently Asked Question

What was the market size of the photo printing kiosk market in 2022?+

In 2022, the market size of photo printing kiosk was USD 1,915.00 million

What will be the potential market valuation for the photo printing kiosk market by 2030?+

In 2030, the market size of photo printing kiosk is expected to reach USD 2,183.44 million.

What are the key factors driving the growth of the photo printing kiosk market?+

The increasing popularity of digital photography has augmented the demand for photo printing kiosks.

What is the dominant segment in the photo printing kiosk market by type?+

In 2022, the photo kiosk stand segment accounted for the highest market share in the overall photo printing kiosk market.

Based on current market trends and future predictions, which geographical region will have the fastest impact on the photo printing kiosk market's growth in the coming years?+

Europe is expected to be the fastest-growing region in the market during the forecast period.