The Switzerland photo printing market is expected to grow from US$ 390.05 million in 2022 to US$ 692.60 million by 2030; it is estimated to record a CAGR of 7.4% from 2022 to 2030.
Growing competition from online players is stimulating traditional retailers to reorganize their store networks in every aspect, from design and layout to size and scale. The role of technology in the stores has never been more essential, facilitating retailers to provide customers with a variety of checkout options, which suit their preferences. Customers expect instant services and are increasingly opting for automated devices to reduce their involvement in chores. Self-service technologies are progressively changing customers’ interactions with firms for creating service outcomes. Kiosk systems are being installed by numerous retailers in their stores for facilitating their customers for checking out with the things they have purchased without the need for cashiers. This results in an enriched shopping experience for customers through the reduction of checkout time and more personalized services at their stores. As the self-checkout terminals can be more compact than traditional tills, retailers can replace one manned till with multiple self-checkout systems. Thus, it is the smarter approach to reduce lines without having to expand the retail space. Owing to the benefits of self-checkout systems there is high demand for these systems and solutions around the world by the retailers, which in turn is contributing to the photo printing market growth.
Bitcoin kiosks are physical devices that allow users to buy and sell Bitcoin with cash. They are often located in convenience stores, gas stations, and other retail outlets. Some kiosks allow users to make Bitcoin payments for goods and services. This is a convenient way of paying for things with Bitcoin without going through a third-party processor. Various convenience store chains in Switzerland have deployed kiosks for Bitcoin transactions. In October 2022, Valora Group, a Switzerland-based convenience store chain, introduced kiosks for Bitcoin transactions at, Valora Group press & books, and avec stores. Valora Group has partnered with Smart2Coin, a Bitcoin wallet, to allow customers to buy Bitcoin at the current daily price. Valora has rolled out this service to roughly 950,000 kiosks, press and books, and avec sales outlets, excluding service stations, in Switzerland. Thus, the rising demand for bitcoin kiosks is fueling the growth of the photo printing market.
In April 2021, Givaudan, a global company that provides products for taste, well-being, fragrance, and beauty, launched an interactive kiosk that uses artificial intelligence to gather consumer insights and recommend products in real time. The Aroma Kiosk allows consumers to smell and rate different aroma profiles. The ATOM 2.0 algorithm then uses the data from these ratings to generate personalized flavor preferences. This information can shorten the product development cycle, increase the chances of a successful launch, and provide consumers with personalized recommendations, further fueling the photo printing market growth.
The Switzerland photo printing market is segmented on the basis of product type, type, and distribution channel. Based on distribution channel, the Switzerland photo printing market is segmented into retail, online, and instant kiosk. Here, the online distribution channels hold the largest share in the photo printing market. Online distribution channels allow customers to choose between a wide range of options, thus unlocking features such as product customization and customer convenience, which boosts consumers’ inclination toward online photo printing and merchandising. The popularity of e-commerce platforms and the increasing Internet penetration also have a significant impact on the growth of the online distribution channel in the photo printing market.
Kodak Alaris Holdings Ltd, Diginet GmbH & Co KG, Ifolor AG, CEWE Stiftung & Co KGaA, Cimpress Plc, Photobox Ltd, Smartphoto Group NV, WhiteWall Media GmbH, Myposter GmbH and Fujifilm Corp are few other notable Switzerland photo printing market players profiled in the report. Several other essential Switzerland photo printing market players were analyzed to get a holistic view of the market and its ecosystem.
Reasons to Buy
Growing competition from online players is stimulating traditional retailers to reorganize their store networks in every aspect, from design and layout to size and scale. The role of technology in the stores has never been more essential, facilitating retailers to provide customers with a variety of checkout options, which suit their preferences. Customers expect instant services and are increasingly opting for automated devices to reduce their involvement in chores. Self-service technologies are progressively changing customers’ interactions with firms for creating service outcomes. Kiosk systems are being installed by numerous retailers in their stores for facilitating their customers for checking out with the things they have purchased without the need for cashiers. This results in an enriched shopping experience for customers through the reduction of checkout time and more personalized services at their stores. As the self-checkout terminals can be more compact than traditional tills, retailers can replace one manned till with multiple self-checkout systems. Thus, it is the smarter approach to reduce lines without having to expand the retail space. Owing to the benefits of self-checkout systems there is high demand for these systems and solutions around the world by the retailers, which in turn is contributing to the photo printing market growth.
Bitcoin kiosks are physical devices that allow users to buy and sell Bitcoin with cash. They are often located in convenience stores, gas stations, and other retail outlets. Some kiosks allow users to make Bitcoin payments for goods and services. This is a convenient way of paying for things with Bitcoin without going through a third-party processor. Various convenience store chains in Switzerland have deployed kiosks for Bitcoin transactions. In October 2022, Valora Group, a Switzerland-based convenience store chain, introduced kiosks for Bitcoin transactions at, Valora Group press & books, and avec stores. Valora Group has partnered with Smart2Coin, a Bitcoin wallet, to allow customers to buy Bitcoin at the current daily price. Valora has rolled out this service to roughly 950,000 kiosks, press and books, and avec sales outlets, excluding service stations, in Switzerland. Thus, the rising demand for bitcoin kiosks is fueling the growth of the photo printing market.
In April 2021, Givaudan, a global company that provides products for taste, well-being, fragrance, and beauty, launched an interactive kiosk that uses artificial intelligence to gather consumer insights and recommend products in real time. The Aroma Kiosk allows consumers to smell and rate different aroma profiles. The ATOM 2.0 algorithm then uses the data from these ratings to generate personalized flavor preferences. This information can shorten the product development cycle, increase the chances of a successful launch, and provide consumers with personalized recommendations, further fueling the photo printing market growth.
The Switzerland photo printing market is segmented on the basis of product type, type, and distribution channel. Based on distribution channel, the Switzerland photo printing market is segmented into retail, online, and instant kiosk. Here, the online distribution channels hold the largest share in the photo printing market. Online distribution channels allow customers to choose between a wide range of options, thus unlocking features such as product customization and customer convenience, which boosts consumers’ inclination toward online photo printing and merchandising. The popularity of e-commerce platforms and the increasing Internet penetration also have a significant impact on the growth of the online distribution channel in the photo printing market.
Kodak Alaris Holdings Ltd, Diginet GmbH & Co KG, Ifolor AG, CEWE Stiftung & Co KGaA, Cimpress Plc, Photobox Ltd, Smartphoto Group NV, WhiteWall Media GmbH, Myposter GmbH and Fujifilm Corp are few other notable Switzerland photo printing market players profiled in the report. Several other essential Switzerland photo printing market players were analyzed to get a holistic view of the market and its ecosystem.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Switzerland photo printing market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the Switzerland photo printing market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Photo Printing Market Landscape
5. Photo Printing Market - Key Industry Dynamics
6. Photo Printing Market - Country Market Analysis
7. Photo Printing Market Analysis - Product Type
8. Photo Printing Market Analysis - Type
9. Photo Printing Market Analysis - Distribution Channel
10. Photo Printing Market - Impact of COVID-19 Pandemic
11. Competitive Landscape
12. Photo Printing Market Industry Landscape
13. Company Profiles
14. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Kodak Alaris Holdings Ltd
- Diginet GmbH & Co KG
- Ifolor AG
- CEWE Stiftung & Co KGaA
- Cimpress Plc
- Photobox Ltd
- Smartphoto Group NV
- WhiteWall Media GmbH
- Myposter GmbH
- Fujifilm Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 87 |
Published | August 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 390.05 Million |
Forecasted Market Value ( USD | $ 692.6 Million |
Compound Annual Growth Rate | 7.4% |
Regions Covered | Switzerland |