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The global photobook & album market size stood at USD 3.42 billion in 2024. The market is predicted to rise from USD 3.51 billion in 2025 to USD 4.95 billion by 2032 at a CAGR of 5.02% from 2025 to 2032. Fortune Business Insights™ presents this information in its report titled, “Photobook and Album Market Size, Share & Industry Analysis, By Product Type (Flush Mount, Lay Flat, and Standard), By Size (Square, Portrait, and Landscape), By Occasion (Wedding, Birthdays, Anniversary, and Others), By Sales Channel (Direct and Indirect), and Regional Forecast, 2025-2032”
Photo albums are a way for wildlife photographers, fashion designers, artists, and other professionals to showcase their creativeness. With various campaigns focused on photo-capturing, the demand for photobook and albums have been gaining steady traction. In the digital age, consumers are heavily relying on social media platforms and other applications to store their photographs. U.S. Bureau of Labor Statistics (BLS) reports 12,700 new employment opportunities annually, creating product demand.
allcop Bambus Service GmbH & Co. KG Acquired OMANA GmbH
In April 2022, allcop Bambus Service GmbH & Co. KG, a European photofinishing products maker, acquired OMANA GmbH to increase its presence in the European personalized photo printing products industry. These market players are tapping acquisition strategies to expand their presence.
Trend of “Baby’s First Year” and “Year in Review” To Foster Demand for Photography Products
The trend of “Baby’s First Year” and “Year in Review” amongst parents in order to capture their babies’ first steps, smiles, achievements, and other milestones. Parents are keeping these moments as highlights by spending on customized books. Similarly, “Year in Review” photobooks allow individuals to reflect on their growth and togetherness throughout the calendar year by creating tangible stories. Furthermore, various organizations are leveraging the idea of photo-capturing campaigns and persuading individuals to actively participate in such campaigns, boosting the photobook & album market growth. This is also creating a strong penchant to store capturing the moments in tangible formats.
Even though, the market is experiencing an upliftment due to number of factors, there are some other factors that hampers or restrains the consumer demand in the market. One such factor is advancements in cloud storage technology, which provides easy storage, organizing features, and sharing of large quantities of data.
Leading Market Players Are Integrating New Technologies To Enhance Their Product Offerings
Prominent market players are engaging in mergers, acquisitions, and partnerships in order to diversify their product offerings which are integrated with technologies related to photobooks and albums. International and national market players are developing advanced strategies to stay ahead of the curve.
List of Key Market Players
To get a detailed report summary and research scope of this market, click here:
https://www.fortunebusinessinsights.com/photo-album-market-104421
Key Industry Development
Further Report Findings
Table of Segmentation
|
ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
|
Base Year |
2024 |
|
Estimated Year |
2025 |
|
Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
|
Growth Rate |
CAGR of 5.02% from 2025 to 2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product Type
|
|
By Size
|
|
|
By Region
|