Global Photographic Paper Market – Overview
In recent years, the printing industry has experienced significant growth due to the adoption of better printing technology, which increases the aesthetic appearance of the product. Photographic paper is coated with a light sensitive chemical that is used to create photographic prints. Photographic paper when exposed to light can capture the image / image and can be developed as a visible image. Photographic paper is mainly composed of fiber-based paper (FB) and resin coated paper (RC) with a layer of baryte (barium sulfate) as a photographic emulsion. In addition, the photographic paper also helps develop the image on the paper only by fixing and cleaning. In addition, the photographic paper can also print a high quality image so as to reproduce a better captured object. Due to the excellent imaging quality on photographic paper, it can be used for making signs, posters, magazines, etc.
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Global Photographic Paper Market – Dynamic
The photographic paper market is expected to grow significantly against the backdrop of an increasing trend towards advertising using printed billboards and posters. Print advertising also increases brand preference and purchase intention towards the product, which is expected to drive demand for photographic paper. In addition, print communication is permanent, easily proofread and portable, which increases confidence in the content or product. All of these above factors also predict the growth of the photographic paper market during the forecast period.
According to a survey conducted by Two Sides Organization in June 2017, nearly 73% of respondents preferred to read a print magazine rather than read a magazine on an electronic device. All of these factors are expected to drive the growth of the photographic paper market. In March 2017, Ilford Photo, a subsidiary of Harman Technology Ltd., developed a new line of silver halide photographic paper to provide better black and white prints. In September 2018, Fujifilm Manufacturing Europe BV introduced the silver halide color photographic paper at the Photokina 2018 event. In addition, the high cost of making the paper due to the use of silver halide in the manufacturing process is expected to hamper the growth of the photographic paper market.
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Global Photographic Paper Market – Regional Overview
In North America, the United States is expected to be the primary market during the forecast period. In Asia-Pacific, China and India are expected to experience strong growth in the photographic paper market. In addition, China and India have experienced significant growth in photographic paper due to the increasing trend of printing in several applications. In Europe, France, Germany and UK are expected to experience slow growth due to saturation of the printing industry during the forecast period 2018-2028.
Global Photographic Paper Market – Key Players
Examples of some of the major players operating in the photographic paper market are Canon Inc., Fujifilm Holdings Corporation, Eastman Kodak Company, 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. sro (Ltd.), etc.
The report is a compilation of first-hand information and qualitative and quantitative assessments by industry analysts, as well as contributions from industry experts and industry participants across the value chain. . The report provides in-depth analysis of parent market trends, macroeconomic indicators and drivers, as well as market attractiveness by segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The global market is divided into seven major regions –
- North America
- Asia Pacific excluding Japan (APEJ)
- Latin America
- Eastern Europe
- Western Europe
- Middle East and Africa (MEA)
Global Photographic Paper Market – Segmentation
The global photographic paper market is segmented by material type, thickness, distribution channel, and end use. Pricing for photographic paper was established on the basis of material type segment in millions of US dollars, and the volume is considered in tonnes.
On the basis of material type, the global photographic paper market is segmented into –
- Fiber-based papers (FB)
- Resin – Coated Papers (RC)
- Barite layer
On the basis of thickness, the global photographic paper market is segmented into –
- Less than 80 GSM
- 80 GSM to 150 GSM
- 150 GSM to 250 GSM
- 250 GSM and more
On the basis of distribution channel, the global photographic paper market is segmented into –
- Hypermarket / Supermarket
- Retail stores
- Convenience Stores
On the basis of end use, the global photographic paper market is segmented into –