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InfoTrends Study Reveals Significant Growth in Photo Merchandise; Revenues to Surpass $800 Million in 2010.
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Business Wire
- Article date:
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January 17, 2007
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Copyright informationCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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WEYMOUTH, Mass. -- Photo Merchandise, a broad category that includes items such as photo greeting cards, photo books, photo calendars, enlargements, and photo mugs, has caught the attention of consumers and photofinishers alike, offering an emerging revenue opportunity for the entire photo industry. A recent InfoTrends study projects the North American Photo Merchandise market to grow at a compound annual growth rate of 24.5 through 2010, with revenues surpassing $800 million by the end of the forecast period.
The study found that in 2006 in-store photo merchandise revenue was larger than the combined Internet-based channels, but that online channels are growing much more ...
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