The market is driven by factors like growth in gift culture for different occasions, festival and other personal purposes and increasing adoption of gift culture by the corporate offices.
(businesspress24) - Global photo merchandising market is expected to witness significant growth in the coming years owing to the increase in demand for customized photoproducts and the trendy gifting culture worldwide. Photo merchandise refers to personalized decoration and gifting products that use photos. They are specially used by corporate offices and consumers.
The market is driven by factors like growth in gift culture for different occasions, festival and other personal purposes and increasing adoption of gift culture by the corporate offices. Moreover, sales of personalized photo products especially during the festive season, increasing spending power of consumers and increasing disposable income is also driving market. However, decreasing average living space in the developed areas are hampering wall d
The market is categorized on the basis of type, distribution channel and geography. On the basis of type, market is divided into photo cards, wall d
Based on distribution channel, market is bifurcated into in-store and online shopping portals. Online shopping portal segment is accounted for larger share of the market owing to increasing preference and availability of huge variety of products.
Geographically, market is segmented as North America, Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific followed by Western European regions are expected to dominate photo merchandising market owing to the increasing infrastructural developments in the region and is anticipated to register significant growth in future due to adoption of 3D photo printing technology. The key players in photo merchandising market include Hallmark Licensing, American Greetings, CafePress, Cimpress and Shutterfly.
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Date: 01/13/2020 - 11:32
Language: English
News-ID 1555195
Character count: 3926
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Freigabedatum: 13.01.2020
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