Industry Analysis & Industry Trends
The shift toward online photo sharing has supported growth for online photo printers. Increasing access to the internet is giving more consumers access to the industry's websites. As a result, the industry has continued to grow, despite decreased consumer income during the recession. In the coming years, technological innovation is expected to provide even more customization options for consumers and professional photographers. As a result, industry revenue is forecast to continue rising.... purchase to read more
Industry Report - Starting a New Business Chapter
The initial setup costs for a new retail establishment in the traditional Photofinishing industry can be very high, since the photo processing equipment can cost between $50,000 and $250,000 for a small retail operation. These costs can be lower if buying secondhand equipment. Some new establishments also invest in a website, which can cost about $2,500. Costs are also significantly lower if setting up a digital printing establishment, as available computer supplies would most likely cost less than $10,000.
In the Online Photo Printing industry, entry is relatively easy, especially for operators that outsource the photofinishing process to a wholesale lab... purchase to read more