Flush Mount Photo Album Market - Forecast(2024 - 2030)
Flush Mount Photo Album Market Overview
Flush Mount Photo Album Market Size is estimated to reach
$8.2 billion by 2027 and it is poised to grow at a CAGR of 5.3% over
the forecast period of 2022-2027. Flush mount photo book album generally
comprises photographic prints which are dry mounted on a thick inner substrate
with natural silver halide photo paper. The covers are generally made using
leather, leatherette or glass which provide a luster finish and protect
against spills and stains. The best photobook websites in the U.S. and other
regions are offering personalized flush mount photo albums, additionally,
companies are offering web photo books via online channels. The following
channels are offering faster delivery of photo albums. The customized albums
allow customers to select from a wide range of colors and fabrics with optional
cameo windows and embossed titles. As a result, they are gaining immense
popularity as gifting options on special occasions like birthdays, graduations,
weddings and anniversaries, thus offering lucrative opportunities in the forecast period of 2022-2027.
Flush Mount Photo Album Market Report Coverage
The report: “Flush Mount Photo Album Market Forecast
(2022-2027)", by IndustryARC covers an in-depth analysis of the
following segments in the Flush Mount Photo Album Market.
Key Takeaways
- Geographically, North America held a dominant market share in the year 2021. It is owing to the knowledge about the following products being made available in a variety of distribution channels. Additionally, the spending power of the region is critically higher than other regions.
- The rapid growth in a certain form of social events along with the development in the intrinsic product class will serve as a market driver. However, low product awareness and high product costs impede the market growth.
- A detailed analysis of the strengths, weaknesses, opportunities and threats will be provided in the Flush Mount Photo Album Market Report.
Flush Mount Photo Album Market- by Market Share (%), 2021.
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Flush Mount Photo Album Market - by Occasion
The Flush Mount Photo Album Market based on occasion can be
further segmented into Weddings, Birthdays, Anniversaries and Others. The wedding
segment held a dominant market share in 2021. It is owing to a nuanced product
reach method designated by manufacturers which appeal uniquely to the people
for either gifting these products or for the organizers to have it as a
photographic album. Moreover, as per a survey conducted by The Knot in 2019,
the average spent on a wedding gift was averaging $120. Moreover, the wedding segment is
estimated to be the fastest-growing, with a CAGR of 6.4% over the forecast
period 2022-2027. It is owing to the overall increase in the spending
capacity and the change of concept for weddings into an extravaganza affair
with royalties.
Flush Mount Photo Album Market - by Distribution Channel
The Flush Mount Photo Album Market based on distribution channels
can be further segmented into Hypermarkets or Supermarkets, Retail Stores,
Specialty Stores, Online and Others. Specialty Stores held a dominant market
size in the year 2021. These products are not
easily available in giant stores such as Walmart and Target. Owing to low
product demand within the following set-up, manufacturers have engaged in
specialty store sales channels which primarily engage in the sales of wedding
gift items or other forms of gift items. As per First Research, nearly 22,000
stores operating in the U.S. in 2021 for gifts, novelty and souvenirs. However, the Online segment is the fastest-growing with a CAGR of
6.8% over the forecast period 2022-2027. It is owing to a vast-product
offering within the online sphere as a channel. Online retailers are offering
bulky discounts to consumers. For example, Photo Book America is offering a
minimum of 20% discount on the Flush Mount Photo Album Product range which
significantly reduces the overall burden on the consumers.
Flush Mount Photo Album Market - by Geography
The Flush Mount Photo Album Market in North America held a dominant market share of 39% in 2021 owing to the presence of various marketers and manufacturers of these products. The average cost of printing a wedding photo album in the U.S. is largely less than $50 including the service and product cost for a basic form of photo album. However, Asia-Pacific is estimated to be the fastest growing with a CAGR over the forecast period 2022-2027. It is owing to a rising trend in destination weddings and other forms of celebrations with higher budgets.
Flush Mount Photo Album Market Drivers
The growing trend of theme-based weddings amongst the rise of other special celebratory occasions has been a key market driver.
The demand for flush mount photo albums has been largely
pushed by a trend for organizing a theme-based wedding, for which the following
form of gifts are deemed effective and societal approved. Flush mount photo
albums have a strong, tight, fine and superior core to regular photo albums,
which has proliferated the demand for the following product. As per the Wedding
Report of 2021, within the U.S. the number of weddings recorded stood at 1.9
million in 2021. Moreover, the average wedding cost has increased by nearly 9.7%
from 2019 levels. Lastly, the number of celebratory societal events has
increased which has provided the necessary growth impetus for the market. For
example, nearly 177,000 people within the U.K. celebrate birthdays each day.
Key innovations harnessed by market players along with a considerable rise in the purchasing power of the people provide key impetus to the market.
The leading market players are using advanced materials to
produce innovative albums. For instance, they are utilizing heavy E-photo matte
paper that delivers smooth gradients and gives images better vibrancy in
lighter tones and stunning panoramic views. The manufacturers are also offering
personalized albums made using high definition (HD) printing technology for
higher quality and durability and a photo-realistic experience, which is
driving the market further. The consumer spending attributes haven’t slowed down
even post the most critically high inflationary rates in a decade. As per
McKinsey 2022 article, U.S. inflation grew to nearly 8.5 percent in March 2022,
with May 2021 to March 2022 period showing the highest inflation in a decade.
Yet, U.S. consumers spent 18 percent more in March 2022 than they did two years
earlier and 12 percent more than they were forecast to spend based on the
pre-COVID-19 trajectory.
Flush Mount Photo Album Market Challenge
A high product cost in comparison to the other substitutes and low product knowledge impedes market growth.
The market faces tremendous competition from the other forms
of easily substitutable products. For example, the average cost of a 100-page
magnetic photo album is $11-$15. However, the cost of printing a flush mount
photo album of 20 pages costs nearly $90-$100. Hence, a photobook printing of
100 pages in the U.S. can cost nearly $700-$800. Thereby, a considerable difference
is observed by customers for purchasing the following product. The following
factor impedes the market growth. Lastly, as per the website yoursurpise.com, the
average cost of a birthday gift is nearly lower than $25. As per a survey
conducted by the firm it was found that nearly 30% of the respondents spend
$15-$25 on a birthday gift while 30% spent less than $15.
Flush Mount Photo Album Industry Outlook
Product launches, mergers and acquisitions, joint ventures and
geographical expansions are key strategies adopted by players in the Flush
Photo Album Market. The top 10 companies in the Flush Photo Album Market are:
- Advance Photo Labs
- Artifact Uprising LLC
- ASUKANET
- Bay Photo
- Digital Pro Lab
- Midwest Photographic Resource Center
- MILK Tailor Made Books Limited
- Miller’s Professional Imaging Co,
- Picaboo Corporation
- Printique LLC
Recent Developments
- In June 2021, ASUKANET invested in Holo Industries’ Holographic Touch Technologies. The technology is made possible with ASUKANET ASKA3D holographic plates, sensors and Holo Industries’ proprietary software and hardware components. The resulting holographic image is clear and precise and provides an impressive 50-millisecond response time.
- In July 2019, Piexellu launched Smart-Albums 2019, a game-changing update to the pre-existing popular photo album design software, which had one of the album featurettes of flash mount photos. The drag-and-drop album design software has been developed in response to user feedback.
Relevant Titles
Report Code- ITR 48854
Report Code- HCR 0105
Report Code- ESR 0096
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LIST OF TABLES
1.Global Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)1.1 Professional Market 2023-2030 ($M) - Global Industry Research
1.2 Personal Market 2023-2030 ($M) - Global Industry Research
2.Global Competitive Landscape Market 2023-2030 ($M)
2.1 Adoramapix Market 2023-2030 ($M) - Global Industry Research
2.2 Advanced Photo Lab Market 2023-2030 ($M) - Global Industry Research
2.3 Artifact Uprising Market 2023-2030 ($M) - Global Industry Research
2.4 Artisan State Inc Market 2023-2030 ($M) - Global Industry Research
2.5 Asukabook Market 2023-2030 ($M) - Global Industry Research
2.6 Bay Photo Lab Market 2023-2030 ($M) - Global Industry Research
2.7 Cc Photography Market 2023-2030 ($M) - Global Industry Research
2.8 Digital Pro Lab Market 2023-2030 ($M) - Global Industry Research
2.9 Kenon Book Market 2023-2030 ($M) - Global Industry Research
2.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Global Industry Research
2.11 Milk Book Market 2023-2030 ($M) - Global Industry Research
2.12 Miller Professional Imaging Market 2023-2030 ($M) - Global Industry Research
2.13 Montage Market 2023-2030 ($M) - Global Industry Research
2.14 Mpix Market 2023-2030 ($M) - Global Industry Research
2.15 Mypublisher Market 2023-2030 ($M) - Global Industry Research
2.16 Nation Photo Lab Market 2023-2030 ($M) - Global Industry Research
2.17 Picaboo Market 2023-2030 ($M) - Global Industry Research
2.18 Queensberry Market 2023-2030 ($M) - Global Industry Research
2.19 Renaissance Album Market 2023-2030 ($M) - Global Industry Research
2.20 White House Custom Colour Market 2023-2030 ($M) - Global Industry Research
2.21 Zook Book Market 2023-2030 ($M) - Global Industry Research
3.Global Flush Mount Photo Album End-Use Outlook Market 2023-2030 (Volume/Units)
3.1 Professional Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Personal Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Competitive Landscape Market 2023-2030 (Volume/Units)
4.1 Adoramapix Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Advanced Photo Lab Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Artifact Uprising Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Artisan State Inc Market 2023-2030 (Volume/Units) - Global Industry Research
4.5 Asukabook Market 2023-2030 (Volume/Units) - Global Industry Research
4.6 Bay Photo Lab Market 2023-2030 (Volume/Units) - Global Industry Research
4.7 Cc Photography Market 2023-2030 (Volume/Units) - Global Industry Research
4.8 Digital Pro Lab Market 2023-2030 (Volume/Units) - Global Industry Research
4.9 Kenon Book Market 2023-2030 (Volume/Units) - Global Industry Research
4.10 Midwest Photographic Resource Center Inc Market 2023-2030 (Volume/Units) - Global Industry Research
4.11 Milk Book Market 2023-2030 (Volume/Units) - Global Industry Research
4.12 Miller Professional Imaging Market 2023-2030 (Volume/Units) - Global Industry Research
4.13 Montage Market 2023-2030 (Volume/Units) - Global Industry Research
4.14 Mpix Market 2023-2030 (Volume/Units) - Global Industry Research
4.15 Mypublisher Market 2023-2030 (Volume/Units) - Global Industry Research
4.16 Nation Photo Lab Market 2023-2030 (Volume/Units) - Global Industry Research
4.17 Picaboo Market 2023-2030 (Volume/Units) - Global Industry Research
4.18 Queensberry Market 2023-2030 (Volume/Units) - Global Industry Research
4.19 Renaissance Album Market 2023-2030 (Volume/Units) - Global Industry Research
4.20 White House Custom Colour Market 2023-2030 (Volume/Units) - Global Industry Research
4.21 Zook Book Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)
5.1 Professional Market 2023-2030 ($M) - Regional Industry Research
5.2 Personal Market 2023-2030 ($M) - Regional Industry Research
6.North America Competitive Landscape Market 2023-2030 ($M)
6.1 Adoramapix Market 2023-2030 ($M) - Regional Industry Research
6.2 Advanced Photo Lab Market 2023-2030 ($M) - Regional Industry Research
6.3 Artifact Uprising Market 2023-2030 ($M) - Regional Industry Research
6.4 Artisan State Inc Market 2023-2030 ($M) - Regional Industry Research
6.5 Asukabook Market 2023-2030 ($M) - Regional Industry Research
6.6 Bay Photo Lab Market 2023-2030 ($M) - Regional Industry Research
6.7 Cc Photography Market 2023-2030 ($M) - Regional Industry Research
6.8 Digital Pro Lab Market 2023-2030 ($M) - Regional Industry Research
6.9 Kenon Book Market 2023-2030 ($M) - Regional Industry Research
6.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Regional Industry Research
6.11 Milk Book Market 2023-2030 ($M) - Regional Industry Research
6.12 Miller Professional Imaging Market 2023-2030 ($M) - Regional Industry Research
6.13 Montage Market 2023-2030 ($M) - Regional Industry Research
6.14 Mpix Market 2023-2030 ($M) - Regional Industry Research
6.15 Mypublisher Market 2023-2030 ($M) - Regional Industry Research
6.16 Nation Photo Lab Market 2023-2030 ($M) - Regional Industry Research
6.17 Picaboo Market 2023-2030 ($M) - Regional Industry Research
6.18 Queensberry Market 2023-2030 ($M) - Regional Industry Research
6.19 Renaissance Album Market 2023-2030 ($M) - Regional Industry Research
6.20 White House Custom Colour Market 2023-2030 ($M) - Regional Industry Research
6.21 Zook Book Market 2023-2030 ($M) - Regional Industry Research
7.South America Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)
7.1 Professional Market 2023-2030 ($M) - Regional Industry Research
7.2 Personal Market 2023-2030 ($M) - Regional Industry Research
8.South America Competitive Landscape Market 2023-2030 ($M)
8.1 Adoramapix Market 2023-2030 ($M) - Regional Industry Research
8.2 Advanced Photo Lab Market 2023-2030 ($M) - Regional Industry Research
8.3 Artifact Uprising Market 2023-2030 ($M) - Regional Industry Research
8.4 Artisan State Inc Market 2023-2030 ($M) - Regional Industry Research
8.5 Asukabook Market 2023-2030 ($M) - Regional Industry Research
8.6 Bay Photo Lab Market 2023-2030 ($M) - Regional Industry Research
8.7 Cc Photography Market 2023-2030 ($M) - Regional Industry Research
8.8 Digital Pro Lab Market 2023-2030 ($M) - Regional Industry Research
8.9 Kenon Book Market 2023-2030 ($M) - Regional Industry Research
8.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Regional Industry Research
8.11 Milk Book Market 2023-2030 ($M) - Regional Industry Research
8.12 Miller Professional Imaging Market 2023-2030 ($M) - Regional Industry Research
8.13 Montage Market 2023-2030 ($M) - Regional Industry Research
8.14 Mpix Market 2023-2030 ($M) - Regional Industry Research
8.15 Mypublisher Market 2023-2030 ($M) - Regional Industry Research
8.16 Nation Photo Lab Market 2023-2030 ($M) - Regional Industry Research
8.17 Picaboo Market 2023-2030 ($M) - Regional Industry Research
8.18 Queensberry Market 2023-2030 ($M) - Regional Industry Research
8.19 Renaissance Album Market 2023-2030 ($M) - Regional Industry Research
8.20 White House Custom Colour Market 2023-2030 ($M) - Regional Industry Research
8.21 Zook Book Market 2023-2030 ($M) - Regional Industry Research
9.Europe Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)
9.1 Professional Market 2023-2030 ($M) - Regional Industry Research
9.2 Personal Market 2023-2030 ($M) - Regional Industry Research
10.Europe Competitive Landscape Market 2023-2030 ($M)
10.1 Adoramapix Market 2023-2030 ($M) - Regional Industry Research
10.2 Advanced Photo Lab Market 2023-2030 ($M) - Regional Industry Research
10.3 Artifact Uprising Market 2023-2030 ($M) - Regional Industry Research
10.4 Artisan State Inc Market 2023-2030 ($M) - Regional Industry Research
10.5 Asukabook Market 2023-2030 ($M) - Regional Industry Research
10.6 Bay Photo Lab Market 2023-2030 ($M) - Regional Industry Research
10.7 Cc Photography Market 2023-2030 ($M) - Regional Industry Research
10.8 Digital Pro Lab Market 2023-2030 ($M) - Regional Industry Research
10.9 Kenon Book Market 2023-2030 ($M) - Regional Industry Research
10.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Regional Industry Research
10.11 Milk Book Market 2023-2030 ($M) - Regional Industry Research
10.12 Miller Professional Imaging Market 2023-2030 ($M) - Regional Industry Research
10.13 Montage Market 2023-2030 ($M) - Regional Industry Research
10.14 Mpix Market 2023-2030 ($M) - Regional Industry Research
10.15 Mypublisher Market 2023-2030 ($M) - Regional Industry Research
10.16 Nation Photo Lab Market 2023-2030 ($M) - Regional Industry Research
10.17 Picaboo Market 2023-2030 ($M) - Regional Industry Research
10.18 Queensberry Market 2023-2030 ($M) - Regional Industry Research
10.19 Renaissance Album Market 2023-2030 ($M) - Regional Industry Research
10.20 White House Custom Colour Market 2023-2030 ($M) - Regional Industry Research
10.21 Zook Book Market 2023-2030 ($M) - Regional Industry Research
11.APAC Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)
11.1 Professional Market 2023-2030 ($M) - Regional Industry Research
11.2 Personal Market 2023-2030 ($M) - Regional Industry Research
12.APAC Competitive Landscape Market 2023-2030 ($M)
12.1 Adoramapix Market 2023-2030 ($M) - Regional Industry Research
12.2 Advanced Photo Lab Market 2023-2030 ($M) - Regional Industry Research
12.3 Artifact Uprising Market 2023-2030 ($M) - Regional Industry Research
12.4 Artisan State Inc Market 2023-2030 ($M) - Regional Industry Research
12.5 Asukabook Market 2023-2030 ($M) - Regional Industry Research
12.6 Bay Photo Lab Market 2023-2030 ($M) - Regional Industry Research
12.7 Cc Photography Market 2023-2030 ($M) - Regional Industry Research
12.8 Digital Pro Lab Market 2023-2030 ($M) - Regional Industry Research
12.9 Kenon Book Market 2023-2030 ($M) - Regional Industry Research
12.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Regional Industry Research
12.11 Milk Book Market 2023-2030 ($M) - Regional Industry Research
12.12 Miller Professional Imaging Market 2023-2030 ($M) - Regional Industry Research
12.13 Montage Market 2023-2030 ($M) - Regional Industry Research
12.14 Mpix Market 2023-2030 ($M) - Regional Industry Research
12.15 Mypublisher Market 2023-2030 ($M) - Regional Industry Research
12.16 Nation Photo Lab Market 2023-2030 ($M) - Regional Industry Research
12.17 Picaboo Market 2023-2030 ($M) - Regional Industry Research
12.18 Queensberry Market 2023-2030 ($M) - Regional Industry Research
12.19 Renaissance Album Market 2023-2030 ($M) - Regional Industry Research
12.20 White House Custom Colour Market 2023-2030 ($M) - Regional Industry Research
12.21 Zook Book Market 2023-2030 ($M) - Regional Industry Research
13.MENA Flush Mount Photo Album End-Use Outlook Market 2023-2030 ($M)
13.1 Professional Market 2023-2030 ($M) - Regional Industry Research
13.2 Personal Market 2023-2030 ($M) - Regional Industry Research
14.MENA Competitive Landscape Market 2023-2030 ($M)
14.1 Adoramapix Market 2023-2030 ($M) - Regional Industry Research
14.2 Advanced Photo Lab Market 2023-2030 ($M) - Regional Industry Research
14.3 Artifact Uprising Market 2023-2030 ($M) - Regional Industry Research
14.4 Artisan State Inc Market 2023-2030 ($M) - Regional Industry Research
14.5 Asukabook Market 2023-2030 ($M) - Regional Industry Research
14.6 Bay Photo Lab Market 2023-2030 ($M) - Regional Industry Research
14.7 Cc Photography Market 2023-2030 ($M) - Regional Industry Research
14.8 Digital Pro Lab Market 2023-2030 ($M) - Regional Industry Research
14.9 Kenon Book Market 2023-2030 ($M) - Regional Industry Research
14.10 Midwest Photographic Resource Center Inc Market 2023-2030 ($M) - Regional Industry Research
14.11 Milk Book Market 2023-2030 ($M) - Regional Industry Research
14.12 Miller Professional Imaging Market 2023-2030 ($M) - Regional Industry Research
14.13 Montage Market 2023-2030 ($M) - Regional Industry Research
14.14 Mpix Market 2023-2030 ($M) - Regional Industry Research
14.15 Mypublisher Market 2023-2030 ($M) - Regional Industry Research
14.16 Nation Photo Lab Market 2023-2030 ($M) - Regional Industry Research
14.17 Picaboo Market 2023-2030 ($M) - Regional Industry Research
14.18 Queensberry Market 2023-2030 ($M) - Regional Industry Research
14.19 Renaissance Album Market 2023-2030 ($M) - Regional Industry Research
14.20 White House Custom Colour Market 2023-2030 ($M) - Regional Industry Research
14.21 Zook Book Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Flush Mount Photo Album Market Revenue, 2023-2030 ($M)2.Canada Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
3.Mexico Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
4.Brazil Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
5.Argentina Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
6.Peru Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
7.Colombia Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
8.Chile Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
9.Rest of South America Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
10.UK Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
11.Germany Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
12.France Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
13.Italy Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
14.Spain Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
15.Rest of Europe Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
16.China Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
17.India Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
18.Japan Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
19.South Korea Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
20.South Africa Flush Mount Photo Album Market Revenue, 2023-2030 ($M)
21.North America Flush Mount Photo Album By Application
22.South America Flush Mount Photo Album By Application
23.Europe Flush Mount Photo Album By Application
24.APAC Flush Mount Photo Album By Application
25.MENA Flush Mount Photo Album By Application