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(Weymouth, MA) March, 18 2003... European placements of photo kiosks and digital minilabs are increasing rapidly, according to a new forecast published by InfoTrends Research Group. Growth in this market is being driven by a desire to capture digital camera print business and to expand product offerings. In 2002, about 7,000 photo kiosks and 4,000 digital minilabs were shipped to retailers in Europe. Through 2007, photo kiosk unit shipments are expected to grow at a compound annual growth rate (CAGR) of 13% to nearly 13,000 by 2007. Over the same period, digital minilab shipments are expected to grow at a CAGR of 14% to nearly 8,000 units by 2007. “As the penetration of digital cameras into European households climbs from its current 10% mark, retailers will exchange their analog labs for digital minilabs and install additional photo kiosks,” says Kerry Flatley, a Research Analyst at InfoTrends Research Group. “As is true in North America and Japan, European retailers know that now is the time to acquire digital camera printing solutions. Digital minilabs are presently available for every size retailer and are becoming more affordable, causing many retailers to feel that this is the time to make purchases.” Market share rankings vary by region and country. Germany, the U.K., and France are expected to lead Europe in digital minilab and photo kiosk placements. Other regions covered in the forecast include Italy, Benelux, Iberia, Scandinavia, and the Rest of Europe. InfoTrends new forecast report entitled 2003 European Photo Kiosk and Digital Minilab Forecast is available immediately. The report forecasts the growth of photo kiosks and digital minilabs in Europe, including annual unit shipments, revenue, installed base, and average price per unit. The report also shows the unit share by European country and profiles major players in these markets, including Agfa, Applied Science Fiction, ePoint, Fujifilm, Gretag, KIS/Photo-Me, Kodak, Konica, Lucidiom, Mitsubishi, Noritsu, Oblo, Phogenix, Polaroid, Snap Digital, Sony, and Spector Group. |
