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Global Photo Booth Market is Expect to Reach 295.16 Million USD by 2022

Author: QYResearch | Publish date: 2018-05-31 | Views: 51
The market is going to experience a rapid growth with the increasing appetite from governments as well as individual consumers, for various events and occasions. According to QYResearch, Global photo booth total market size has reached 239 Million USD in 2017, one of the salient features of photo booth market is the rental service, which brings more income than the equipment sales revenue, for most of companies in this industry.


The industry is not so concentrated, leading players include Photo Me, Innovative Foto Inc, Photobooth Supply Co., Faceplace, Digital Centre, Extreme Booths, Open Air Photobooth Your City Photo Booth, Team Play, Red Robot, WanMingDa, PhotoExpress and etc..


Currently, the market is leading by North America and Europe. In terms of year 2017, Europe holds the largest market share, with about 155.66 Million USD sales revenue, followed by North America, of 22.42% market share. Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


Becoming more and more popular among weddings, corporate events, birthdays and other events, Global photo booth market is going to experience a rapid growth with the increasing appetite from governments as well as individual consumers.


The 2017-2022 Photo Booth Report on Global and United States Market, Status and Forecast, by Players, Types and Applications report released by QYResearch studies the Photo Booth market status and outlook of global and United States, from angles of players, regions, product types and end industries; this report analyzes the top players in global and United States market, and splits the Photo Booth market by product type and applications/end industries.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/399430/global-photo-booth-market


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