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Futuresource Photo Books

Date Published:

Current Market Trends 

Consumer photobook sales volumes decreased by 9.9% to achieve 19 million shipments across the six leading Western European countries in 2021. In 2022, Futuresource expects volumes to exceed 20.3 million units, a rise of 7.0%.  

Moving forward, modest volume growth is expected throughout the forecast period, with the six countries predicted to achieve a 0.7% CAGR out to 2026. Rising ASPs, from raw materials shortages, rising wages, and increased fuel and energy costs, plus price inflation caused by the conflict in Ukraine, are set to drive total market value growth to 3.1% CAGR over the same period.  

Some of this ASP rise will also be due to the ongoing trend for higher-end photobook offerings, including silver halide, lay flat, covers, slip cases and larger photobook sizes. 

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