Pune, India -- (SBWIRE) -- 11/08/2018 -- The Global Photo Printer Market Quality Research Report on Market Growth, Vendors, Trends, Challenges, Drivers, and Technology Leadership. Market is predicted to reach to US$ 9,128.87 Mn in 2022, due to rising demand for commercial printing.
Photo printer have been in the market for a large period of time. Though with the increasing penetration of mobile devices with high storage capacity, the market for photo printers has slightly declined, but still the market is rising due to high use of these type of printers in industrial sector. Moreover, increasing demand for personalized gifting and decor products that uses photographs, is going to support the growth of the market in the forecast period.

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Market Is Classified Into:
by Type (Dye-Sublimation, Inkjet, Laser, and Thermal);
by Mode of Printing (Desktop and Mobile);
by Application (Transportation and Logistics, Travel and Tourism, Education, Retail, Manufacturing, and Others (Government, Healthcare, etc.);
by Regional outlook (U.S., Rest of North America, France, UK, Germany, Spain, Italy, Rest of Europe, China, Japan, India, Southeast Asia, Rest of Asia Pacific, GCC Countries, Southern Africa, Rest of MEA, Brazil, Rest of Latin America)

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Mobile mode of printing Segment is Estimated to be the Fastest Growing during the Forecast Period
With the increasing adoption of portable electronic devices such as mobiles and tablets over desktops, the mobile mode of printing is estimated to be the fastest growing segment during the forecasted period. Also, with the advancements in the printer technology and availability of Wi-Fi enabled printers, any document or photo can be directly printed by sending instructions to printer while being on the same network. This is further expected to boost the growth of the mobile mode of printing in the photo printer market throughout the forecast period.
Asia Pacific is Anticipated to Hold a Significant Share in the Global Market during the Forecasted Period
Asia Pacific holds a large number of companies in the photo printer sector such as Epson, Kodak, HP, LG, Fujifilm, and Canon amongst others. Furthermore, as government has announced several infrastructure projects, the requirement for CAD printers is expected to further grow in the coming years. Moreover, major projects in Australia such as construction, public infrastructure, power plant, manufacturing, and mining, are further supporting the growth of the market in Asia Pacific region in the coming years.

Photo Printer Market is Fragmented in Nature with the Presence of Global and Regional Players
The competitive analysis conducted narrates that the market is composed of several players. Some of the significant players functioning in the global photo printer market include FUJIFILM Corporation, Mitsubishi Electric Corporation, Eastman Kodak Company, LG Electronics Inc., ZIH Corp, Canon Inc., Seiko Epson Corporation, HP Development Company LLC, HiTi Digital Inc., Xerox Corporation, Prynt Corp., PLR Ecommerce LLC, and CITIZEN SYSTEMS JAPAN CO. LTD. amongst others. In July 2018, the ZIH Corp launched a new product under the brand name ZQ600 which is a mobile printer used to optimize supply chain operations. This product is helping to increase productivity in stores, backroom, and warehouse and is also cost-effective along with optimizing staff productivity [M1]. In August 2018, PLR Ecommerce LLC launched a new product in photo printer product line by the name Polaroid Mint instant digital pocket printer, with sleek and modern design for simplified printing and perfect on-the-go use.

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Photo Printer Market - By Product Type
Dye-Simulation
Inkjet
Laser
Thermal
Photo Printer Market - By Mode of Printing
Desktop
Mobile
Photo Printer Market - By Application
Transportation and Logistics
Travel and Tourism
Education
Retail
Manufacturing
Others (Government, Healthcare, etc.)
Photo Printer Market - By Region
North America
U.S.
Rest of North America
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
Southeast Asia
Rest of Asia Pacific
Middle East and Africa
GCC Countries
Southern Africa
Rest of Middle East and Africa
Latin America
Brazil
Rest of Latin America