Theme-based wedding photography has become a popular trend in recent years and people are spending huge money on wedding photography. With the increasing household wealth and more discretionary income, the wedding industry, especially in Asia Pacific is presumed to double within the next decade. As such, flush mount wedding albums and other wedding related photo merchandise boast a huge potential ensuing success of color digital print in the region. The increase in demand for theme-based wedding photography coupled with rise in discretionary income is identified as a key driver driving flush mounted photo album market forward. Moreover, advancements in technology and demand for customized layout design to best depict events or stories through combination of texts, pictures and graphics is another factor fuelling market demand.
The research study titled “Global Flush Mount Photo Album Market – Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global flush mount photo album industry along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of market segments based end-use application and cross-sectional study across different geographies and sub-geographical regions. The study covers the comparative analysis of different segments for the years 2015 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report includes a section providing insights on the key trends followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading flush mount photo album providers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include AdoramaPix, Advanced Photo Lab, Artifact Uprising, Artisan State Inc., AsukaBook, Bay Photo Lab, CCS Photography, Digital Pro Lab, Kenon Book, Midwest Photographic Resource Center Inc., Milk Books, Millers Professional Imaging (Millers Lab), Picaboo, Queensberry, White House Custom Colour (WHCC). Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players. Other in-depth analysis provided in the report includes:
Overall, the research study provides a holistic view of the global flush mount photo album market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.
There is a lot of hype amongst couples to impersonate their personality and love for each other through a pre-wedding photo shoot albums. The flexibility offered by flush mount albums in terms of design and layout along with greater quality, resilience, and durability has made them the preferred options for such pre-wedding photo shoots.
As of 2016, the professional end-use segment was the largest revenue contributor to the global flush mount photo albums market. The segment accounted for over two-third of the global market revenue in the same year. The trend is presumed to continue and the segment is presumed to retain its dominant position throughout the forecast period 2017 – 2025. Initially, these albums were only offered by professional photographers and designers. However, with the growing preference for customization, consumers have started designing their own albums, driving market growth in this segment.
As of 2016, flush mount photo albums are more popular in developed economies of North America and Europe. The regions collectively accounted for accounted for over two-thirds of the global market revenue in the same year. The flush mount albums are offered as part of a wedding package by photographers and thus experience relatively greater adoption in these regions. On the other hand, Asia Pacific is presumed to register maximum growth, offering healthy growth opportunities for all participants in the flush mount photo album value chain. India and China uphold tremendous growth potential given the large population base and fast growing wedding industry. As per the statistics released by a recent research, India witnesses approximately 12,000 weddings per day. This coupled with the growing popularity of theme weddings bodes well for the market growth.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Flush Mount Photo Album market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
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| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
End-use Application
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
