Question

Provide a narrative of the Size, trend and maturity of the photo booth industry. Please provide resources, thanks!

Answer 1

Photo Me & Innovative Foto Inc are the biggest two players in Photo booth market, with about 55% and 13% of the world photo booth market share ( as indicated by data of 2016) .

Various other leading players in the booth market include :

"Photobooth Supply Co.","Faceplace", "Digital Centre", "Extreme Booths"," Open Air Photobooth" ,"Your City Photo Booth", "Team Play", "Red Robot", "WanMingDa"," PhotoExpress",

Market Size Geographically :

The consumption market is led by North America and Europe, with sales in the Asia Pacific regions such as China, Japan, Southeast Asia and India will witness significant growth in the future period. In terms of the year 2016, Europe has the largest market share, about 150 million USD sales revenue, followed by North America, with approximately 21% market share in the year of 2016. The United States of America will play a highly significant role in the global market.

Photo Booth Manufacturing breakdown Data according to region: (Top to Bottom => Largest to Lowest )

• United States ( mainly Canada, Mexico)
• Europe (Germany, France, UK, Italy, Russia, Spain)
• APAC (China, Japan, Korea, Australia)
• Africa (Egypt, Israel, Turkey)

Future :

Rental services are gaining widespread popularity in the photo booth market and have become an indispensable component to any successful wedding, party or any other event, which is not only giving the guest a lot of fun, but in the long run Walking memories are also being provided. According to UK wedding data 2017, around 40% of demographics rent a photo booth at a wedding ceremony. Photo booth rentals are gaining a wide range of acceptance due to social media integrated booths, which allow a guest to step into a social media sharing kiosk and share pictures instantly on social media platforms.

On the basis of the application, the photo booth market is divided into documented photos and entertainment opportunities. Both document photos are mainly used to capture photographs for passports, driving licenses and other official documents for which the usage of photo booth has become common for its ease and efficiency.