Photographic Papers Market Size, Share & Trends Analysis, By Type (Inkjet Photographic Paper), By Material Type (Fiber-Based Papers (FB)), By Application (Civil Field), By Distribution Channel, Region and Forecast Period 2022 – 2030 (Updated Version Available)

Key Market Overview:

Photographic papers market size is expected to reach USD 2.02 Billion by 2030, from the value of USD 1.43 Billion in 2021, and register a CAGR of 3.9% during the forecast period (2022-2030).

The increased expenditure on advertisements by major business owners is anticipated to increase the demand for photographic papers during the forecast period owing to the surging usage of billboards and posters. For instance, as per the statistics released on Statista.org, over USD 837.7 billion were spent by media owners as advertising revenue, which included printing billboards and hoardings. Thus, the high advertisement spending by the major company stakeholders is anticipated to stimulate market growth due to the large dependence on billboards for brand promotion.

Additionally, the growing customer preference in the favor of physical paper magazines and booklets is also expected to support the expansion of the industry size during the forecast period owing to the increased availability of quality papers that stimulate the topic interest among customers. For instance, according to the survey conducted by the Two Sides Organization, over 73% of the respondents selected the first preference for reading the printed magazine in contrast of reading the same magazine on any electronic device. Thus, the increased demand from customers for quality paper publications or magazines is estimated to support the market growth. Based on the region, North America is projected to contribute to the growth of the photographic papers market. The factors such as the favorable customer preference for aesthetic photography appreciation in art galleries combined with the increased research and development expenditures on multiple product innovations by major market players are estimated to boost the industry size in the North American region.

Market Dynamics:

Photographic papers are sheets layered with light-sensitive photographic films which are used for producing photographic prints. The light exposure to these photographic papers helps in the formation of the visible image by capturing the latent image forms through the photosensitive film, also known as the emulsion.

Driver:

The surging usage of photographic papers for posting advertisements, posters, and hoardings due to the rising expenditures by firms for growing their brand purchase intent and favorability towards the product is the major factor that boosts the photographic papers market growth due to the easy readability, permanent print, and portability of the papers. Furthermore, the high demand for photo print paper also fuels the industry growth during the forecast period owing to the increased consumer preference in terms of the intrinsic value of printed photographs.

Restraint:

The risks of physical damage caused due to the improper management of the photograph coupled with the high costs of photographic papers as compared to the conventional alternatives hamper the market growth during the forecast period owing to the reduced favor for collection of aesthetic photographs and high costs of the professional photography gears.

COVID-19 Impact:

The photographic papers industry has been majorly impacted during the COVID-19 pandemic outbreak around multiple regions of the world. The reduced expenditure on business expansions due to the closure of manufacturing facilities and shutdowns of the printing presses, coupled with the disrupted sourcing of raw materials led to the economic slowdown during the initial phases of COVID-19. Furthermore, restrictions on the logistics and shipments due to strict governmental protocols for reducing the disease spread impacted declined market growth, especially in the printing and photography industry. However, since the stabilized situation post COVID-19, the market has observed a positive outlook in terms of increased consumer awareness in terms of preservation of physical photographs due to the related personal intrinsic values combined with the surging marketing and advertisement spending by businesses using hoardings and billboards.

Photographic Papers Report Coverage:

Report Attributes	Report Details
Study Timeline	2016-2030
Market Size in 2030 (USD Billion)	2.02 Billion
CAGR (2022-2030)	3.9%
By Type	Silver Halide Photographic Paper, and Inkjet Photographic Paper
By Material Type	Paper, Fiber – Based Papers (FB), Resin – Coated Papers (RC), Plastic, Baryta Layer
By Application	Civil Field, and Professional Field
By Distribution Channel	Hypermarkets / Supermarket, Retail Stores, Convenience Stores, E-Commerce
By Geography	North America– (U.S., Canada, Mexico) Europe- (Germany, France, U.K., Russia, Italy, Spain, BENELUX, Rest of Europe) Asia Pacific- (China, Japan, India, South Korea, Australia, ASEAN, Rest of Asia Pacific) Latin America- (Brazil, Argentina, Chile, Rest of Latin America) Middle East and Africa- (GCC, Turkey, Israel, and the Rest of MEA)
Key Players	Kodak, Fujifilm Holdings Corporation, Seiko Epson Corporation, China Lucky Group Corp, HP Inc., Shantou Xinxie Special Paper Technology Co., Ltd., Brother Industries, Ltd., Harman Technology Ltd., Hahnemühle FineArt GmbH, Foma Bohemia spol. (Ltd.)

Market Segmentation:

By Type

The type segment is bifurcated into silver halide photographic paper, and inkjet photographic paper. The silver halide photographic paper segment is anticipated to contribute the largest revenue share to the market growth. The factors such as precise control of the image tone while creating high-quality images, enhanced capturing of light for image formation without using the ink, and reduced chances of changes in image tone with age and time are estimated to support the growth of silver halide photographic paper segment. Additionally, the inkjet photographic paper segment is also projected to witness substantial growth during the forecast period owing to the precise capturing of smooth and fine details in high resolution coupled with low-cost image creation and a high preference for printing the images with clarity, vibrant colors, and glossy texture.

By Material Type

The material type segment is divided into paper, fiber-based papers (FB), resin-coated papers (RC), plastic, and the Baryta layer. The resin-coated papers (RC) segment is expected to account for the augmented market growth in terms of the largest revenue share contribution. The factors such as high durability combined with the ease of use at the beginner levels reduced maintenance costs due to the shorter wash period in case of reusing the paper and the flawless and smooth and organic texture of the paper is expected to support the growth of resin – coated papers (RC) segment. Moreover, the fiber-based papers (FB) segment is also anticipated to witness substantial growth during the forecast period owing to the accurate response to the retouching such as knifing, spotting, and airbrushing, cost-effective alternative to the other material types and availability of large surface area in terms of the thicker base.

By Application

The application segment is separated into the civil field and professional field. The professional field segment is expected to register the fastest CAGR growth in terms of volume. The factors such as surging use for creating the photograph collection due to the long-lasting archival quality of the photographic papers, high workability in terms of manipulation, composition, editing, and processing for sophisticated photography techniques, and surging prevalence of professional photography due to growing appreciation to the nature, infrastructural and abstract aesthetics are anticipated to support the growth of the professional field segment. Additionally, the civil field segment is also projected to witness significant growth during the forecast period owing to the growing consumer interest in terms of creating memorable photograph collections in physical photo albums coupled with the wide availability of high-quality photographic papers.

By Distribution Channel

The distribution channel segment is categorized into hypermarkets/supermarkets, retail stores, convenience stores, and e-commerce. The e-commerce segment is anticipated to contribute the largest share in terms of revenue over USD 252.8 million during the forecast period. The factors such as the large availability of a wide assortment of products coupled with the scope of providing high-quality products at the discounted price due to higher profit margins of the seller on such platforms and access to the augmented networking chains in terms of logistics, targeted customer base, and multiple product catalogs are expected to support the growth of e-commerce segment during the projected period. Also, the convenience stores segment is estimated to support the growth of the photographic papers market statistics during the forecast period owing to the growing availability of high-quality photographic papers at convenience stores due to the surging customer demand coupled with the competitive pricing at each store.

By Region

The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. North America is estimated to register the fastest growth in terms of value during the forecast period. The factors such as growing creativity appreciation among the population in terms of professional and civil photography, rising expenditure on the production of high-quality photographic papers, and large presence of market players are expected to boost the industry size in the North American region.

Asia Pacific is also anticipated to contribute the largest share to the industry growth during the forecast period. The factors such as the growing appreciation of creativity and art combined with the growing disposable income among consumers and large presence are anticipated to boost the market growth in the Asia Pacific region.

Photographic Papers Market Competitive Landscape:

The competitive landscape of the industry comprises the detailed profiling o major players functioning in the market and has been analyzed specifically in the report to emphasize the lucrative opportunities for market growth. Further, the analysis of Research and Development (R&D) expenditures, adoption of multiple business strategies, and growing innovations in the field of photography in terms of professional photography and rising consumer preference for photography aesthetics have been examined to understand the growth of the sample preparation market. The key players operating in the market include-

• Kodak
• Fujifilm Holdings Corporation
• Seiko Epson Corporation
• China Lucky Group Corp
• HP Inc.
• Shantou Xinxie Special Paper Technology Co., Ltd.
• Brother Industries, Ltd.
• Harman Technology Ltd.
• Hahnemühle FineArt GmbH
• Foma Bohemia spol. (Ltd.)

Table of Content

1. Introduction
   • Market Introduction
   • Market Research Methodology
     • Research Process
     • Primary Research
     • Secondary Research
     • Data Collection Technique
     • Data Sources
   • Market Estimation Methodology
     • Limitations of the Study
   • Product Picture of Photographic Papers
   • Global Photographic Papers Market: Classification
   • Geographic Scope
   • Years Considered for the Study
   • Research Methodology in brief
   • Parent Market Overview
   • Overall Photographic Papers Market Regional Demand
   • Research Programs/Design
   • Market Breakdown and Data Triangulation Approach
   • Data Source
   • Secondary Sources
   • Primary Sources
   • Primary Interviews
   • Average primary breakdown ratio
2. Market Dynamics
   • Drivers
     • Drivers
   • Restraints
     • Restraints
   • Opportunity
     • Impact forces on market dynamics
     • Impact forces during the forecast years
   • Industry Value Chain
     • Upstream analysis
     • Downstream analysis
     • Distribution Channel
     • Direct Channel
     • Indirect Channel
   • Potential Customers
   • Manufacturing/Operational Cost Analysis
   • Pricing Analysis by Region
   • Key Technology Landscape
   • Regulatory Analysis
   • Porter’s Analysis
     • Supplier Power
     • Buyer Power
     • Substitution Threat
     • Threat from New Entry
     • Competitive Rivalry
   • PESTEL Analysis
   • Political Factors
   • Economic Factor
   • Social Factors
   • Technological Factor
   • Environmental Factors
   • Legal Factor
   • Covid-19 impact on Global Economy
   • Covid-19 impact on Photographic Papers demand
   • Post-Covid Impact on Photographic Papers Market Demand
   • Impact Analysis of the Russia-Ukraine Conflict
3. Global Photographic Papers Market Segmentation, by Volume (Units) & Revenue (USD Billion), (2022-2030)
   • By Type
     • Silver Halide Photographic Paper
     • Inkjet Photographic Paper
   • By Material Type
     • Paper
     • Fiber-Based Papers (FB)
     • Resin - Coated Papers (RC)
     • Plastic
     • Baryta Layer
   • By Application
     • Civil Field
     • Professional Field
   • By Distribution Channel
     • Hypermarket / Supermarket
     • Retail Stores
     • Convenience Stores
     • E-Commerce

4. Global Photographic Papers Market Overview, By Region
   • North America Photographic Papers Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
     • US
       • By Type
       • By Material Type
       • By Application
       • By Distribution Channel
     • Canada
     • Mexico
   • Europe Photographic Papers Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
     • France
     • UK
     • Spain
     • Russia
     • Italy
     • BENELUX
   • Asia Pacific Photographic Papers Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
     • China
     • Japan
     • Australia
     • South Korea
     • India
     • ASEAN

5. Latin America Photographic Papers Market Volume (Units) & Revenue (USD Billion), by Countries, (2022-2030)
   • Brazil
   • Argentina
   • Chile
6. Middle East and Africa Photographic Papers Volume (Units) & Market Revenue (USD Billion), by Countries, (2022-2030)
   • GCC
   • Turkey
   • South Africa
7. Global Photographic Papers Market Revenue: Competitive Analysis, 2021
   • Key strategies by players
   • Revenue (USD Billion and %), By manufacturers, 2021
   • Player Positioning by Market Players, 2021
8. Competitive Analysis
   • Kodak
     • Business Overview
     • Business Financials (USD Billion)
     • Product Category, Type, and Specification
     • Main Business/Business Overview
     • Geographical Analysis
     • Recent Development
     • Swot Analysis
   • Fujifilm Holdings Corporation
   • Seiko Epson Corporation
   • China Lucky Group Corp
   • HP Inc.
   • Shantou Xinxie Special Paper Technology Co., Ltd.
   • Brother Industries, Ltd.
   • Harman Technology Ltd.
   • Hahnemühle FineArt GmbH
   • Foma Bohemia spol. (Ltd.)  
9. Market Research Findings & Conclusion

Disclaimer

Research Methodology

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Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.