According to Cognitive Market Research, the global photo printing market size will be USD 20542.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.6% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 8217 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 6162.8 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 4724.8 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.6% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 1027.1 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9% from 2024 to 2031.
Middle East & Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 410.9 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.3% from 2024 to 2031.
Digital printing is the fastest-growing product type category of the photo printing industry.
