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Drylab Photo Printing Market Size
Drylab Photo Printing Market size was valued at over USD 250 million in 2023 and is anticipated to grow at a CAGR of over 5% between 2024 & 2032. The growing adoption of digital photography has significantly contributed to the industry expansion.
As more people capture and store digital images using smartphones, digital cameras, and other devices, the demand for high-quality photo prints has increased. For instance, in January 2023, Epson launched its SureLab D1070 High-Production Minilab printer. Designed for retail, event, and e-commerce applications, the drylab printer is built for high-volume photo & graphic production and reliable, high-performance printing. The unique, modern design seamlessly integrates into workflows for maximum profitability, enabling businesses to quickly deliver outstanding-quality prints for profit to customers.
Ongoing technological advancements in drylab printing technology drive drylab photo printing market growth by improving print quality, printing speeds, and efficiency. Manufacturers continuously innovate to introduce new features, functionalities, and printing solutions that meet the evolving needs of users. Technological advancements are aimed at improving printing speeds and overall efficiency in drylab printing operations. Manufacturers are introducing faster printing mechanisms, enhanced media handling capabilities, and optimized printing workflows to increase throughput rates and reduce turnaround times for print orders. By streamlining printing processes and minimizing downtime, drylab printers can handle larger volumes of orders more efficiently, allowing users to meet tight deadlines and deliver prints in a timely manner.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 250 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR: | 5.5% |
2032 Value Projection: | USD 450 Million |
Historical Data for: | 2018 - 2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 434 |
Segments covered: | Offering, technology, connectivity, print size, print finish and end-use industry |
Growth Drivers: |
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Pitfalls & Challenges: |
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Drylab printers require regular maintenance, calibration, and servicing to ensure optimal performance and print quality. Service providers and businesses need to allocate resources for ongoing maintenance and training to address technical issues and prevent downtime. Calibration is essential for maintaining accurate color reproduction and consistency across prints. Periodic calibration ensures alignment between printheads, media, and color profiles. Effective color management practices are crucial for achieving consistent results across different print jobs and media types. Service providers need to invest time and resources in calibrating printers and managing color profiles to meet customer expectations and maintain brand reputation
Drylab Photo Printing Market Trends
Advancements in printing technology continue to boost innovations in the industry. Manufacturers are developing printers with improved resolution, color accuracy, printing speed, and efficiency. Advanced ink formulations, printheads, and media handling capabilities are enhancing the overall quality and versatility of drylab photo printing. By investing in advanced printers with faster printing speeds and automated features, drylab printing companies can increase their production capacity, reduce turnaround times, and improve the overall operational efficiency. This enables them to effectively handle larger volumes of orders and meet tight deadlines.
For instance, in October 2021, ArtisanHD, a company specializing in professional-grade printing services for photographers, artists, designers, and businesses, switched to drylab as part of its efforts to provide the highest quality fine art printing and achieve a more sustainable printing process. The company discontinued the environmentally detrimental wet lab printing process. This drylab photo printing technology is offered by Canon iPF PRO 6100 printer, which comes with auto-calibration technology to keep every print consistent and includes Chroma Optimizer to expand the color gamut, enhance deep blacks, and prevent bronzing and gloss differential.
The drylab photo printing market from rising improvements in ink formulations, printheads, and media handling capabilities enable drylab printing companies to expand their product offerings and cater to various customer needs. With improved versatility, companies can produce a range of print products including photo books, canvas prints, metal prints, and specialty items, offering more options for customization and personalization. The expanded compatibility with different printing materials and substrates enables customers to choose from a diverse array of options, allowing for greater creativity and artistic expression. This increased flexibility in customization options, coupled with improved production efficiency facilitated by advanced media handling systems, enables drylab printing companies to streamline operations, reduce turnaround times, and meet the evolving demands of a dynamic business landscape.
Drylab Photo Printing Market Analysis
Based on the offering, the market is segmented into printers and services. In 2023, the printers segment dominated the industry with a share of over 50%.
- Printers encompass a diverse range of printing equipment tailored to meet the evolving needs of professional photographers, retail photo labs, and printing service providers. With advancements in printing technology, manufacturers have introduced a variety of drylab printers equipped with innovative features such as high-resolution printing, precise color calibration, and versatile media handling. These printers cater to different printing volumes, print sizes, and applications, providing customers with the flexibility to choose the right equipment to suit their specific needs.
Based on connectivity, the drylab photo printing market is divided into wired and wireless. The wireless segment is anticipated to register a CAGR of over 6% from 2024 & 2032.
- In recent years, the industry has witnessed a notable shift toward wireless connectivity options, driven by technological advancements and changing consumer preferences. Wireless connectivity allows users to print directly from their smartphones, tablets, and other digital devices without the need for cumbersome cables or physical connections. This seamless integration with digital workflows enables users to print photos on the go, whether they are at home or in the office, enhancing the overall user experience and convenience.
- For instance, in July 2022, Canon introduced the SELPHY CP1500, a fresh addition to its lineup of compact photo printers. The SELPHY CP1500, featuring wireless capabilities, offers ease of use and personalized, top-notch prints. It allows users to embellish their living space with cherished memories, engage in creative photo projects, or share event snapshots. Available in both black and white, the SELPHY CP1500 features a sleek, minimalist design that adds an aesthetic appeal to any setting.
Asia Pacific dominated the drylab photo printing market with a CAGR of over 6% between 2024 to 2032. The region is witnessing robust growth in the technology segment with the proliferation of smartphones, digital cameras, and social media platforms, digital photography has become increasingly popular across the region. This surge in digital photography has created a higher demand for printing services to transform digital images into physical prints and photo products.
For instance, in August 2023, Canon Inc. announced its latest line of printers designed to empower both home users and creators with advanced features and exceptional performance. The PIXMA TS7770 and TS7770A combine a range of powerful capabilities including an intuitive operation panel with smart lighting, auto duplex printing, seamless Wi-Fi connectivity, and versatile media handling to cater to the diverse needs of modern users.
Drylab Photo Printing Market Share
Seiko Epson Corporation and Fujifilm Corporation hold a significant market share of over 20% in the industry. Epson is a leading manufacturer of printers and imaging equipment including drylab photo printing solutions. Epson offers a range of inkjet drylab printers designed for professional photo printing applications, retail photo kiosks, and event photography. These drylab printers leverage Epson's proprietary printing technologies to deliver high-quality prints with exceptional color accuracy, resolution, and durability.
Fujifilm Corporation, a global leader in imaging and photographic solutions, offers a comprehensive range of drylab printers designed for professional photo labs, retail stores, and event photography businesses. Fujifilm's drylab printers leverage advanced printing technologies to deliver high-quality prints with exceptional color accuracy and durability.
Drylab Photo Printing Market Companies
Major players operating in the industry are:
- Seiko Epson Corporation
- Fujifilm Corporation
- Canon Inc.
- Dai Nippon Printing Co. Ltd.
- Kodak Alaris Inc.
- Noritsu Precision Co. Ltd.
- Hiti Digital, Inc.
Drylab Photo Printing Industry News
- In January 2023, Epson launched its SureLab D1070 High-Production Minilab printer. It is designed for retail, event and e-commerce applications, the drylab printer is built for high-volume photo and graphic production and engineered for reliable, high-performance printing. The unique, modern design seamlessly integrates into workflows for maximum profitability, enabling businesses to quickly deliver outstanding quality prints, for profit, to their customers.
- In March 2022, FUJIFILM Imaging Colorants, Inc., invested USD 28 million in constructing a new facility in New Castle, Delaware. This facility focusses on producing aqueous inkjet dispersions. The investment aims to double Fujifilm's production capacity of pigment dispersions in the U.S., addressing the rapidly increasing demand for inkjet printing worldwide.
The drylab photo printing market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:
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Market, By Offering
- Printers
- Services
Market, By Technology
- Inkjet
- Dye-sublimation
- Others
Market, By Connectivity
- Wired
- Wireless
Market, By Print Size
- Standard size prints
- Passport size
- Stamp size
- Photo frame size
- Large format prints
- Posters
- Banners
- Canvas
Market, By Print Finish
- Glossy
- Matte
- Luster
- Others
Market, End-use Industry
- Residential
- Commercial
- Retail stores
- Photography lab
- Corporate
The above information is provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- ANZ
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- MEA
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
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