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 - Industry SWOT Analysis Chapter
Burgeoning consumer use of the internet, which is becoming more secure and accessible, is leading to higher spending on photo printing online. Consequently, industry value added (IVA), which represents the industry's contribution to the economy, is projected to grow at a 9.3% annualized rate in the 10 years through 2018. This will significantly outstrip the projected GDP increase of 2.1% on average per year from 2008 to 2018.
As the number of users increases, and the industry expands and automates its production lines, profit is rising. Industry earnings before interest and taxes are forecast to reach 6.9% of revenue in 2018; this is well above the 6.1% share of revenue that the average company garnered in 2008... purchase to read more